StoryLine by CondoNow https://condonow.com/learn Investor Info, New Launches & Much More Fri, 31 May 2019 20:33:45 +0000 en-CA hourly 1 Toronto New Home and Condo Sales are up 123% in April https://condonow.com/learn/toronto-new-home-and-condo-sales-are-up-123-in-april/ https://condonow.com/learn/toronto-new-home-and-condo-sales-are-up-123-in-april/#respond Wed, 29 May 2019 15:12:00 +0000 https://condonow.com/learn/?p=2043 Following last month’s explosion in search and purchase requests from Toronto condo buyers, GTA new home and condo sales are up 123% from April of 2018.  According to Altus, high-rise condo sales are up 137% from April 2018, as well as low-rise sales, up 81%.  Considering, April’s increases in both purchase requests and sales, CondoNow user insights have reported …

The post Toronto New Home and Condo Sales are up 123% in April appeared first on StoryLine by CondoNow.

]]>

Following last month’s explosion in search and purchase requests from Toronto condo buyers, GTA new home and condo sales are up 123% from April of 2018. 

New Condo Market Rebounds in April 2019

According to Altus, high-rise condo sales are up 137% from April 2018, as well as low-rise sales, up 81%. 

GTA Condo Sales Year in Review April 2018-2019

Considering, April’s increases in both purchase requests and sales, CondoNow user insights have reported a 20% increase in purchase requests in May of 2019 from May of 2018. Could this continued wave in interest indicate another potential sales surge? Let us know what you think.   

*Above Statistics are based on 3+ million users, 100K+ Purchase Requests, 32+ Million Pageviews, and an averages session time of 3:57 minutes.   

CondoNow.com is the easiest way consumers can searchshopcompare and buy a new condo. Choose to work with the top platinum real estate agents or directly with the developer and receive exclusive access to new condo and townhome developments in Toronto. 

The post Toronto New Home and Condo Sales are up 123% in April appeared first on StoryLine by CondoNow.

]]>
https://condonow.com/learn/toronto-new-home-and-condo-sales-are-up-123-in-april/feed/ 0
GTA condo purchase requests surge, nearing 2017 levels, are sales poised to rebound? https://condonow.com/learn/gta-condo-purchase-requests-surge-nearing-2017-levels-are-sales-poised-to-rebound/ https://condonow.com/learn/gta-condo-purchase-requests-surge-nearing-2017-levels-are-sales-poised-to-rebound/#respond Mon, 06 May 2019 13:56:59 +0000 https://condonow.com/learn/?p=2030 CondoNow has seen an explosion in search and purchase requests from buyers in the first four months of 2019. The historical average ratio of purchase requests to GTA new condo sales sits at 12%. This year that ratio has climbed by 1100% to an average of 133%. Does this growth in demand forecast a potential sales surge?  …

The post GTA condo purchase requests surge, nearing 2017 levels, are sales poised to rebound? appeared first on StoryLine by CondoNow.

]]>

CondoNow has seen an explosion in search and purchase requests from buyers in the first four months of 2019. The historical average ratio of purchase requests to GTA new condo sales sits at 12%. This year that ratio has climbed by 1100% to an average of 133%.

Does this growth in demand forecast a potential sales surge

According to Altus, total new home sales for the first quarter of 2019 are down 65% and 27%, compared to 2017 and 2018 respectively.

toronto-condo-market-2019

Considering the start of 2019’s notably slower sales period, recent online trends from buyers in Spring of 2019 has surpassed 2018’s purchase interest levels by almost 30%.  

Increases in purchasing interest from buyers in April of 2019 are comparable to that of October 2018, and May 2017 when sales were 2,805 and 3,766. Does this new wave in traffic and interest indicate a potential surge in sales in the immediate future? Let us know what you think.  

 *Above Statistics are based on 3+ million users, 100K+ Purchase Requests, 32+ Million Pageviews, and an averages session time of 3:57 minutes.  

CondoNow.com is the easiest way consumers can search, shop, compare and buy a new condo. Choose to work with the top platinum real estate agents or directly with the developer and receive exclusive access to new condo and townhome developments in Toronto.

The post GTA condo purchase requests surge, nearing 2017 levels, are sales poised to rebound? appeared first on StoryLine by CondoNow.

]]>
https://condonow.com/learn/gta-condo-purchase-requests-surge-nearing-2017-levels-are-sales-poised-to-rebound/feed/ 0
2019 Toronto New Condo Launches https://condonow.com/learn/2019-toronto-new-condo-launches/ https://condonow.com/learn/2019-toronto-new-condo-launches/#respond Fri, 21 Dec 2018 17:23:45 +0000 https://condonow.com/learn/?p=2015 Welcome to CondoNow’s New Condos to watch for in 2019 It is hard to believe, but another year has come and gone, which means it is time to look ahead to the new year and what 2019 has in store for GTA new construction condos. Prime Condos CentreCourt Developments Inc. and Centrestone Urban Developments Inc Location: …

The post 2019 Toronto New Condo Launches appeared first on StoryLine by CondoNow.

]]>

Welcome to CondoNow’s New Condos to watch for in 2019

It is hard to believe, but another year has come and gone, which means it is time to look ahead to the new year and what 2019 has in store for GTA new construction condos.

Prime Condos

Prime Condos

CentreCourt Developments Inc. and Centrestone Urban Developments Inc

Location: Jarvis and Gerrard

CentreCourt Developments has joined in on the transformation of one of the most exciting growth neighbourhoods in the city; The Garden District with Prime Condos. This 45-storey, the 579-suite tower will dazzle among the city skyline as architectural firm Page + Steel/IBI Group creates a diamond-patterned masterpiece.

Prime Condos will offer a buzzing podium that will include retail space, 24-hour concierge service, a wrap-around outdoor terrace, and indoor/outdoor amenities. Be a part of downtown’s ‘places to grow’ where redevelopment will bring more transit, more shops and more places to play!

Line 5 Condos 2

Line 5 Condos 2

Reserve Properties and Westdale Properties

Location: Yonge and Eglinton

Toronto’s popular Yonge-Eglinton neighborhood is set to welcome a pair of new condo towers branded as Line 5 Condos. The project is a joint venture between Reserve Properties and Westdale Properties. It is being designed by renowned professionals at Graziani + Corazza Architects, which is widely recognized as one of Canada’s most accomplished design studios. Line 5 Condos is completely sold out but Line 5 Condos 2 launch is highly anticipated. Line 5 Condos 2 will add unique flair and character to this growing sector of the city that is popular with young professionals, and families with children.

The Well Condos

The Well Condos

Tridel/Diamond Corp/Riocan Real Estate Investment Trust/Allied Properties REIT

Location: Spadina and Front

Welcome to The Well Condos, Toronto’s highly anticipated condominium. This tremendous mixed-use and master-planned community is located in the very trendy Fashion District. Bordering Spadina, Front, and Wellington, this community will have a mixture of retail, commercial, condominiums, and rentals. Architectural firm Hariri Pontarini will design the project. Local amenities, retail and office space, and nearby entertainment will definitely make The Well Condos one of the most coveted addresses in the city.

Cru Condos

Cru Condos

Metropia Urban Design/Riocan Real Estate Investment Trust/Capital Developments

Location: Yonge and Yorkville

Located in Toronto’s prestigious Yorkville neighbourhood, which is best known for having high-end shops, fashionista boutiques, exclusive bistros and eateries, and social scenes, offering you world-class style and extravagance. Cru Condos has a perfect Walk Score, implying that anything you need will be within walking distance and with a Transit Score of 95, there is no need for the use of a vehicle. You are just a 2 Minute Walk to the Bloor-Yonge Subway Station, giving you access to several bus routes and Subway Lines 1 and 2, connecting you to all corners of the city. Cru Condos is a mixed-use residential, commercial, and retail project that will offer a rare opportunity to invest in this valuable and highly sought-after corner of Toronto’s real estate market.

Sugar Wharf Condos 3

Sugar Wharf Condos 3

Menkes Developments

Location: Lake Shore Blvd and Freeland

The highly anticipated reconstruction of the LCBO Headquarters on Queens Quay will boast a total of 5 residential towers in the completion of the new community called Sugar Wharf.

Sugar Wharf Condos 3 is being developed by Menkes Development and designed by architectsAlliance. Sugar Wharf Condos 3, named in unison with the Redpath Sugar Factory located across the street and the ever popular; Sugar Beach, is set to be the sweetest addition to Toronto’s Waterfront Communities. Don’t miss out on this once in a lifetime opportunity to live on Lake Ontario, with spectacular views of the city’s waterfront and harbour.

Transit City Condos 4

Transit City Condos 4

CentreCourt Developments Inc.

Location: Portage Pkwy and Millway Ave

Transit City Condos 4 is the fourth phase of this master-planned community. The first towers have already sold out. Transit City Condos 4 is located in The Vaughan Metropolitan Centre; a 442-acre redevelopment that will become Vaughan’s downtown core. Plans include entertainment, retail shops, a hotel, a convention centre, offices and more. Creating a pedestrian-friendly environment is also a priority for the redevelopment, a 9-acre park will be right in the centre. The VMC Subway Station will be located right beside Transit City Condos 4, connecting you to all of Toronto. This is a very exciting addition to Vaughan.

The United BLDG Condos

Azura Condos

Capital Developments

Location: Yonge and Finch

Capital Developments presents Azura Condos, a master-planned community just south of the Finch subway station. Residents of Azura Condos will enjoy living in close proximity to downtown Toronto, but still far enough away from all the hustle and bustle. Families, students, and young professionals will all be attracted to Azura Condos Situated on a leafy cul-de-sac off the main road, Azura Condos is a 29-storey building with 339 suites. Designed by IBI Group, the building will boast stunning exteriors and interiors. All residential suites will feature either a balcony or a terrace for enjoying some outdoor private time. Azura Condos will also offer stunning views of the city. Register today to learn more about this incredible opportunity.

The United BLDG Condos

The United BLDG Condos

Davpart

Location: Dundas and University

The United BLDG Condos is located near some of the city’s busiest employment locations; The Financial District, the Bay Street Corridor and Hospital Row. The United BLDG Condos has a near perfect Walk Score of 99, meaning daily amenities are all within walking distance. With a perfect transit score, The United BLDG Condos location offers world-class transportation with the subway located just a few steps away. Getting around Toronto is stress-free, no matter where you are headed.

Y & S Condos

Y & S Condos

Tribute

Location: Yonge and Eglinton

The location of Y & S Condos ranks among one the city’s most notable transformations and therefore the province of Ontario has designated it an “urban growth hub”. This area has not only become a popular residential centre, but also a transit centre. Y & S Condos; a 36-storey, 288-suite building that will offer amazing indoor and outdoor amenities to its residents, including more spacious suites, perfect for growing families. With Eglinton Subway Station nearby and the Eglinton Crosstown LRT being built, the Yonge-Eglinton neighbourhood is quickly becoming one of the most sought after areas in the city.

River & Fifth Condos

River & Fifth Condos

Broccolini Construction Inc.

Location: Bayview and Dundas

River & Fifth Condos is located near Queen Street East, an area of the city that is lined up with chic restaurants, bars, and boutiques. Residents of River & Fifth Condos will be close to Toronto’s Historic Distillery District and St. Lawrence Market. This area of the city has been designated as a ’regeneration’ area, as the neighbourhood is set for more residential, commercial and retail growth. River & Fifth Condos has prime access to the Don Valley Parkway and 24 Hour bus routes, making travelling around the City of Toronto stress-free. With everything Toronto’s Corktown neighbourhood has to offer, River & Fifth Condos is the perfect place to call home.

Are you looking to purchase a condo in 2019? Maybe one of these ten sparked your interest? Find more information on Toronto pre-construction condos for 2019 on CondoNow.

All the best in 2019 from all of us at CondoNow!

The post 2019 Toronto New Condo Launches appeared first on StoryLine by CondoNow.

]]>
https://condonow.com/learn/2019-toronto-new-condo-launches/feed/ 0
Top Ten Condos for 2018 https://condonow.com/learn/top-ten-condos-for-2018/ https://condonow.com/learn/top-ten-condos-for-2018/#respond Fri, 21 Dec 2018 17:17:57 +0000 https://condonow.com/learn/?p=2014 Based on CondoNowScore statistics gathered by the 1 million users* that frequented CondoNow over 1.7 million times over the past year, we’ve discovered which developments really stood apart from the rest. Average price of a new condo in the GTA in November was $786,602  Prices for new condos increased 11.9% over the last 12 months.  Starting our …

The post Top Ten Condos for 2018 appeared first on StoryLine by CondoNow.

]]>

Based on CondoNowScore statistics gathered by the 1 million users* that frequented CondoNow over 1.7 million times over the past year, we’ve discovered which developments really stood apart from the rest.

  • Average price of a new condo in the GTA in November was $786,602 
  • Prices for new condos increased 11.9% over the last 12 months. 

Starting our Countdown at the Number Ten Spot is….

357 King West Condos

10. 357 King West Condos

Great Gulf

Occupancy: Early 2022

357 King West Condos is an exquisite 42-storey tower located in the heart of The Entertainment District. 357 King West Condos saw 1715 visitors come to
CondoNow to learn more about this exciting project by Great Gulf. What is it that makes 357 King West Condos so desirable? This tower will feature a 3rd floor amenity space allowing residents access to a yoga studio, fitness room and more. The 42nd floor will have a rooftop terrace, giving way to the amazing views of the downtown Toronto skyline and Lake Ontario. 357 King West Condos also boasts a perfect walk and transit score as residents can benefit from the close proximity of all the neighbourhood’s amenities and having transit right outside the front doors.

 

Artworks Condos

9. Artworks Condos

The Daniels Corporation

Occupancy: Summer 2021

Taking the #9 spot is Artworks Condos. Located in the revitalized Regent Park area of Toronto, this 32-storey tower will reflect the artistic energy of the neighborhood by featuring local artistic works in its gallery-like lobby.  It’s no wonder the building is selling well, as it offers amenities to accommodate everyone in the family from a mega gym and arcade, to an outdoor terrace and working space. With an almost near perfect walk and transit score, this lively neighborhood has everything imaginable and more for residents to enjoy and explore. Artworks Condos is sure to inspire and stimulate.

 

Wonder Condos

8. Wonder Condos

Graywood Developments Ltd. and Alterra Group

Occupancy: October 2022

With the #8 spot on our Top Ten list is Wonder Condos, a 9-storey building located in the heart of Toronto’s Leslieville neighborhood. The building will offer residents large terraces and balconies, along with outdoor and indoor amenity spaces. With Queen Street East within walking distance, residents can enjoy amazing local amenities and world-class transit options. With almost 13,000 visitors to CondoNow to view this project, it is no surprise the building sold out.

 

Empire Phoenix Condos

7. Empire Phoenix Condos

Empire Communities

Occupancy: November 2021

July 2018 marked the launch of Empire Phoenix Condos, a 29-storey tower with some stunning and unobstructed waterfront views. With over 7,600 visitors to CondoNow’s project page, they learned that this tower will boast a grand outdoor pool, a wellness centre, and a rooftop courtyard are just some of the many amenities offered. The area favours the nature-lover in the city, as there is plenty of green-space and lakefront areas to enjoy. It is also close enough to downtown Toronto for commuters and young professionals and with a new GO Train station set to be built nearby, South Etobicoke is definitely the place to call home.

 

Auberge On The Park Condos 2

6. Auberge On The Park Condos 2

Tridel and Rowntree Enterprises

Occupancy: Summer 2022

In October of 2017, Tridel launched Auberge On The Park. It was widely believed that this project coming to the corner of Leslie and Eglinton in Don Mills would be in demand and it certainly was, with many suites selling out on the 1st day. Tridel developments are always in high demand and this has been no exception with the launch of Auberge On The Park Condos 2 back in February. Auberge On The Park Condos 2 will stand 29-storeys tall and will treat residents to amazing views of the surrounding parks and forestry, along with amazing shared amenities including concierge, spin studio, outdoor pool, and lounge area. With the addition of the Eglinton Crosstown LRT being built nearby, residents of Auberge On The Park Condos 2 will have quick and easy access to all corners of Toronto. (Stay tuned for Auberge Condos 3).

 

BIG King Toronto Condos

5. BIG King Toronto Condos

Westbank Corp and Allied Properties REIT

Occupancy: Summer 2023

Breaking into our Top 5 is a mountain! Yes, that’s right, mountains in downtown Toronto! BIG King Toronto Condos is something completely different from the tower and podium style condos that make up the Toronto skyline. Renowned architects Bjarke Ingels Group describe the project as pixelated patterns with peaks. The building will incorporate greenery throughout, making sure every resident a bit of nature to enjoy. This incredible, building has already set the bar for luxury and pricing, while almost selling out of the first two towers. CondoNow saw over 28,000 visitors to the project’s page, spending over 1230 hours exploring everything this amazing and innovative building has to offer.

 

Universal City Condos 2

4. Universal City Condos 2 

Chestnut Hill

Occupancy: December 2021

With tower one completely selling out in just weeks, comes Universal City Condos 2, the highly anticipated second tower developed by Chestnut Hill. With 324 suites within the 27-storeys, residents will enjoy amenities such as a fitness centre, party room, and amazing outdoor spaces. Located in flourishing downtown Pickering, residents will be surrounded by local amenities and transit options. Universal City Condos 2 saw 13,625 visitors to CondoNow’s project page, spending almost 600 hours viewing the amazing details.

 

Valera Condos

3. Valera Condos

ADI Development Group

Occupancy:  February 2021

Breaking into our Top 3 is Valera Condos, a 9-storey building that will be part of a community with townhomes and another building consisting of a 10-storey tower and a 3-storey podium.Residents will be treated to plenty of amenity space, including an outdoor pool and spacious terrace. Valera Condos is located in suburban Burlington, a great escape from the hustle and bustle of downtown Toronto and offers a wide variety of local amenities, schools, and transit. With 26,685 visitors to CondoNow interested in Valera Condos, it is no wonder that the other phases of this community are selling well also.

 

Aqualuna Condos

2. Aqualuna Condos

Tridel

Occupancy: Summer 2023

Aqualuna Condos is located in Toronto’s East Bayfront Community, one of the most desired places to live in the city. The building’s 19-storeys will top out at the ends and dip down lower in the middle, almost resembling a wave, with beautifully landscaped amenity spaces. The neighborhood has achieved Stage 1 LEED ND Gold Certification and also offers community-wide WIFI. This area of the city is thriving with walking and bike lanes, beaches,
businesses, and parks. With its ongoing revitalization and perfect transit score, Aqualuna Condos is sure to become part of one of the most desired places to live in the world.

 

And The #1 Spot Is Awarded To….

Sugar Wharf Condos

1. Sugar Wharf Condos

Menkes Developments Ltd.

Occupancy: February 2022

If you want a condo that has it all, great location, great amenities, easy access to downtown, schools, and greenspace, well Sugar Wharf Condos is the place to call home. Sugar Wharf Condos will be just one of 5 towers being built on the property located at Queens Quay & Freeland. Residents will be connected to Toronto’s underground PATH system, bypassing traffic and reaching Union Station by foot in under 15 minutes. Boasting a perfect transit score, there is no need for a car to reach some of the city’s many amenities along Front Street. Along with the residential buildings being built, the community will see a new public school and day care centre opening on site, amazing news for young families looking to make downtown Toronto home. With Sugar Wharf Condos offering residents everything they need and more, it is no wonder more than 8,700 visitors viewed the project and it was voted #1 on CondoNow’s Top 10 Condos of 2018!

This completes our list for 2018. Did you buy a condo at one of these Top 10?

Generally speaking, condo projects by great developers in a great location are met enthusiastically by investors and end-users alike. If you are looking for a Toronto pre-construction condo for 2019, you can find all of them on CondoNow.

Have a great holiday and best wishes for 2019!

* Stats courtesy of the CondoNow geeks and Google Analytics

The post Top Ten Condos for 2018 appeared first on StoryLine by CondoNow.

]]>
https://condonow.com/learn/top-ten-condos-for-2018/feed/ 0
Idy Claimed a $500 IKEA Gift Card + More in Rewards – BottomLine https://condonow.com/learn/idy-claimed-a-500-ikea-gift-card-more-in-rewards-bottomline/ https://condonow.com/learn/idy-claimed-a-500-ikea-gift-card-more-in-rewards-bottomline/#respond Tue, 31 Jul 2018 19:20:51 +0000 https://condonow.com/learn/?p=2005 Congratulations Idy Wai, our most recent BottomLine Rewards Program recipient! Idy claimed a $500 IKEA Gift Card after purchasing a home with CondoNow Certified Agent, Daniel Liu At CondoNow, it’s very important to us that all our customers receive the best customer service and care from the beginning of their GTA condo search on CondoNow, …

The post Idy Claimed a $500 IKEA Gift Card + More in Rewards – BottomLine appeared first on StoryLine by CondoNow.

]]>
BottomLine Rewards Recipient Idy Wai

Congratulations Idy Wai, our most recent BottomLine Rewards Program recipient!

Idy claimed a $500 IKEA Gift Card after purchasing a home with CondoNow Certified Agent, Daniel Liu

BottomLine Rewards Winner Idy Wai

At CondoNow, it’s very important to us that all our customers receive the best customer service and care from the beginning of their GTA condo search on CondoNow, to their interaction with a CondoNow Agent, and finally, to the finishing touches on their new home.

Idy was eligible for the $500 IKEA Gift Card because she purchased a home using a CondoNow Certified Agent. She is also eligible for additional Rewards & Savings.

CondoNow is working with some great companies to help buyers save on everything from furniture to window coverings to legal fees.

Learn more about the BottomLine Rewards Program and how you can benefit from purchasing or selling through a CondoNow Certified Agent.

The post Idy Claimed a $500 IKEA Gift Card + More in Rewards – BottomLine appeared first on StoryLine by CondoNow.

]]>
https://condonow.com/learn/idy-claimed-a-500-ikea-gift-card-more-in-rewards-bottomline/feed/ 0
Top 10 Real Estate News Stories From July 9 – 22, 2018 https://condonow.com/learn/top-10-real-estate-news-stories-from-july-9-22-2018/ https://condonow.com/learn/top-10-real-estate-news-stories-from-july-9-22-2018/#respond Fri, 20 Jul 2018 18:00:36 +0000 https://condonow.com/learn/?p=1986 Our CondoNow experts have narrowed down the top 10 real estate news stories from July 9 – 22, 2018. More condos than ever before are coming to the Toronto real estate market, CMHC makes obtaining a mortgage easier for the self-employed and more top news! Toronto Hits A Multi-Year Record For New Condos Under Construction …

The post Top 10 Real Estate News Stories From July 9 – 22, 2018 appeared first on StoryLine by CondoNow.

]]>

Our CondoNow experts have narrowed down the top 10 real estate news stories from July 9 – 22, 2018.

More condos than ever before are coming to the Toronto real estate market, CMHC makes obtaining a mortgage easier for the self-employed and more top news!

Toronto Hits A Multi-Year Record For New Condos Under Construction

Toronto real estate is about to get a whole lot of supply. Canada Mortgage and Housing Corporation (CMHC) numbers show Toronto CMA is just under the all-time high for homes under construction. Over 3 out of 4 of those units under constructions are condo apartments.
Full Story on BetterDwelling.com

 

CMHC Looks to Make it Easier for Self-Employed to Obtain a Mortgage

Canada Mortgage and Housing Corp. is making changes intended to make it easier for the self-employed to qualify for a mortgage.
Full Story on CTVNews.ca

 

 

 

Rents continue their rapid rise in Toronto-area condominium leases in the second quarter of 2018, according to new data.
Full Story on TheGlobeandMail.com

 

 

 

Bank of Canada Hikes Rate, What It Means for Canadians

The Bank of Canada, as expected, raised its trend setting interest rate 0.25 per cent to 1.5 per cent. It is really an indication that the Canadian economy is doing well.
Full Story on CityNews.ca

 

 

 

It’s Not Just Condos — Toronto is Also Running Out of Commercial Real Estate

Canada is not just running out of residential real estate in its key markets — the country’s commercial and industrial real estate is also filling up fast.
Full Story on FinancialPost.com

 

 

 

Toronto’s PATH network contains hundreds of shops along its 30 mostly underground kilometres, but some say getting lost is common. Eric Rotberg developed the website Pathmap.ca to help people navigate where GPS doesn’t work.
Full Story on TheGlobeandMail.com

 

 

Toronto Condo Starts hit 30-Year High: CMHC

Canadian housing starts surged in June to one of the highest levels over the past decade, driven by new condominium developments in Toronto that reached a 30-year high for the month.
Full Story on BNNBloomberg.ca

 

 

 

Priced Out of the Market: Why Homebuyers are Moving to Ottawa

The dream of owning a home has some Toronto and Vancouver residents turning to Ottawa.
Full Story on CTVNews.ca

 

 

 

Beware the HST Rebate Rules

Are you buying a new home or condominium unit with another person? If so, there is an interesting and probably little-known rule about the HST New Housing Rebate that may surprise you – and more importantly may disqualify you from obtaining the rebate entirely.
Full Story on REMOnline.com

 

 

 

Two New Parks Are Coming to Toronto’s Waterfront And You Can Actually Choose How You Want Them to Look

A six-week design competition is underway for York Street Park and Rees Street Park in Toronto’s waterfront district.
Full Story on Narcity.com

The post Top 10 Real Estate News Stories From July 9 – 22, 2018 appeared first on StoryLine by CondoNow.

]]>
https://condonow.com/learn/top-10-real-estate-news-stories-from-july-9-22-2018/feed/ 0
Top 10 Real Estate News Stories From June 25 – July 8, 2018 https://condonow.com/learn/top-10-real-estate-news-stories-from-june-25-july-8-2018/ https://condonow.com/learn/top-10-real-estate-news-stories-from-june-25-july-8-2018/#respond Fri, 06 Jul 2018 17:58:27 +0000 https://condonow.com/learn/?p=1972 Our CondoNow experts have narrowed down the top 10 real estate news stories from June 25 – July 8, 2018. The cost of homeownership in Vancouver hits “crisis levels”, Toronto demands mid-rise housing and Sidewalk Toronto’s plan deadline pushed back to Spring 2019. We’ve cultivated a list of the top 10 stories. Here’s the latest …

The post Top 10 Real Estate News Stories From June 25 – July 8, 2018 appeared first on StoryLine by CondoNow.

]]>

Our CondoNow experts have narrowed down the top 10 real estate news stories from June 25 – July 8, 2018.

The cost of homeownership in Vancouver hits “crisis levels”, Toronto demands mid-rise housing and Sidewalk Toronto’s plan deadline pushed back to Spring 2019. We’ve cultivated a list of the top 10 stories. Here’s the latest news!

The Cost of Owning a Home in Vancouver (88% of income) Has Hit Crisis Levels

The share of household income required to cover mortgage payments, property taxes and utilities in the Greater Vancouver Area reached a record high of 87.8 per cent in the first quarter, rising 1.5 percentage points from the fourth quarter and up 9.5 per cent from the prior year.
Full Story on FinancialPost.com

 

Builders in Toronto are facing something of a dilemma: Residents want fewer high-rises and planners are making available more sites suitable for more compact buildings, but costs are making mid-rise residential properties exceptionally expensive to construct.
Full Story on TheGlobeandMail.com

 

 

Deadline for ‘Sidewalk Toronto’ Plan Pushed Back

A waterfront advocate is relieved Waterfront Toronto and Sidewalk Labs are extending their timeline to develop a proposal for a high-tech waterfront neighbourhood.
Full Story on MSN.com

 

 

 

Toronto Home Sales Jump Most Since 2004 as Buyers Return to Market

Toronto home sales jumped the most in more than a decade last month, a sign that Canada’s biggest housing market is rebounding from the chill brought on by tighter lending regulations and higher borrowing costs in the past few months.
Full Story on FinancialPost.com

 

 

Foreign Buyers Perceived to Influence Real Estate Prices, Despite Data: CMHC

Foreign buyers might make up a small sliver of Canada’s biggest real estate markets, but homebuyers in Toronto, Vancouver and Montreal still believe they are heavily influencing housing activity.
Full Story on CTVNews.ca

 

 

The corner of Front Street West and Spadina used to feel like the Western outback, alone and removed, even if only a few blocks from Toronto’s downtown core, facing noisy commuter rail lines.
Full Story on TheGlobeandMail.com

 

 

 

Midtown West Perfect for Certain Kind of Investor

The west side of Midtown Toronto is experiencing rebirth—and promises opportunity for the right kind of investor.
Full Story on CanadianRealEstateMagazine.ca

 

 

 

Unit Flexibility and Lakeside Living

A planned 25-year buildout in what will become a new neighbourhood—and a sprawling one at that—the biggest real estate developers in the city are building towers in the East Bayfront Precinct.
Full Story on CanadianRealEstateMagazine.com

 

 

 

One Delisle is a 522-ft-tall tower with 263 residences that Slate Asset Management is proposing to build on one of 10 properties it has bought in midtown Toronto.
Full Story on BDCNetwork.com

 

 

 

Don’t Blame Real Estate Investors for Rental Market Woes

Haider-Moranis Bulletin: A deep-dive into Toronto housing data should dispel some myths that have fuelled disdain for investors who make renting possible.
Full Story on FinancialPost.com

The post Top 10 Real Estate News Stories From June 25 – July 8, 2018 appeared first on StoryLine by CondoNow.

]]>
https://condonow.com/learn/top-10-real-estate-news-stories-from-june-25-july-8-2018/feed/ 0
Top 10 Real Estate News Stories From June 11 – 24, 2018 https://condonow.com/learn/top-10-real-estate-news-stories-from-june-11-24-2018/ https://condonow.com/learn/top-10-real-estate-news-stories-from-june-11-24-2018/#respond Sun, 24 Jun 2018 04:29:45 +0000 https://condonow.com/learn/?p=1963 Our CondoNow experts have narrowed down the top 10 real estate news stories from June 11 – 24, 2018. A new CIBC poll says 47 per cent of millennial homeowners are landlords, B.C. government to create a public real estate registry to crack down on tax avoidance and Waterfront Shores’ Pier 8 could easily become …

The post Top 10 Real Estate News Stories From June 11 – 24, 2018 appeared first on StoryLine by CondoNow.

]]>

Our CondoNow experts have narrowed down the top 10 real estate news stories from June 11 – 24, 2018.

A new CIBC poll says 47 per cent of millennial homeowners are landlords, B.C. government to create a public real estate registry to crack down on tax avoidance and Waterfront Shores’ Pier 8 could easily become Hamilton’s hottest real estate. We’ve cultivated a list of the top 10 stories. Here’s the latest news!

Millennials Become Landlords to Reach Housing Goals

A new CIBC poll says Canadians who own a rental property earn about $2,189/month – 50 per cent more than their monthly costs – and those who rent out space in their home offset their housing costs by 70 per cent.
Full Story on REMOnline.com

 

B.C. Government Will Create Public Registry to Reveal Who Owns Real Estate

In an effort to crack down on tax avoidance, the B.C. government will create a public registry to show who owns real estate in the province.
Full Story on TheStar.com

 

 

 

Waterfront Development Expects to Attract Strong Interest, Have Low Maintenance Fees

The City of Hamilton has approved a plan to rejuvenate its waterfront with a massive mixed-use development, joining similar initiatives by other municipalities as far east as Toronto.
Full Story on CanadianRealEstateMagazine.ca

 

 

Mixed-Use Urban Real Estate Project Blurs the Line Between Working and Living

Ed Sonshine, chief executive officer at RioCan REIT, discusses a joint development with Allied Properties to build a new mixed-use urban real estate project that blurs the lines between working and living, and why it will be an oasis in an urban jungle.
Full Story on BNNBloomberg.ca

 

 

Gehry Condo Developers Great Gulf Group Forge Ahead as Market Cools

Great Gulf Group is well aware it’s forging ahead with one of Canada’s ritziest condo projects in a market that appears to be cooling. In fact, it’s bracing for the possibility.
Full Story on TheStar.com

 

 

Canadian Mortgage Borrowing Drops to Lowest Level Since 2014

Mortgage activity in Canada has dropped to the lowest level since 2014, falling by $2 billion to $13.7 billion in the first three months of the year, according to Statistics Canada data released Thursday.
Full Story on BNNBloomberg.com

 

 

 

OREA Laments Rejection of Cannabis Recommendation

The legalization of recreational cannabis came along with the dismissal of a Senate recommendation that would have given provinces the power to restrict the growing of marijuana on residential properties.
Full Story on MortgageBrokerNews.ca

 

 

 

As of June 15, B.C. Real Estate Agents Are No Longer Allowed to Represent Buyer and Seller at the Same Time

Real estate agents in B.C. say they are not ready and may risk significant financial penalties when new rules are implemented prohibiting “dual agency,” the practice where an agent represents both a buyer and a seller.
Full Story on TheStar.com

 

 

 

Credit Market U-Turn: As Bond Yields Retreat, Variable Mortgages Are Looking All the More Attractive

Just five weeks ago, economists were on TV heralding a July rate hike as interest rates rocketed to seven-year highs.
Then the market changed the channel.
Full Story on TheGlobeAndMail.com

 

 

Current Price Correction in Ontario Not Similar to Previous Bust Periods – CMHC

It’s been more than five months since the roll-out of new mortgage rules that forced even homebuyers with a larger downpayment to undergo a financial stress test. A lot has happened since then.
Full Story on MortgageBrokerNews.ca

The post Top 10 Real Estate News Stories From June 11 – 24, 2018 appeared first on StoryLine by CondoNow.

]]>
https://condonow.com/learn/top-10-real-estate-news-stories-from-june-11-24-2018/feed/ 0
Top 10 Real Estate News Stories From May 28 – Jun. 10, 2018 https://condonow.com/learn/top-10-real-estate-news-stories-from-may-28-jun-10-2018/ https://condonow.com/learn/top-10-real-estate-news-stories-from-may-28-jun-10-2018/#respond Sun, 10 Jun 2018 03:22:38 +0000 https://condonow.com/learn/?p=1952 Our CondoNow experts have narrowed down the top 10 real estate news stories from May 28 – Jun. 10, 2018. A developer, an economist and an agent discuss the state of the condo market, new Toronto condo restricts smoking with one exception, and Toronto’s rising rents are infectious. We’ve cultivated a list of the top …

The post Top 10 Real Estate News Stories From May 28 – Jun. 10, 2018 appeared first on StoryLine by CondoNow.

]]>

Our CondoNow experts have narrowed down the top 10 real estate news stories from May 28 – Jun. 10, 2018.

A developer, an economist and an agent discuss the state of the condo market, new Toronto condo restricts smoking with one exception, and Toronto’s rising rents are infectious. We’ve cultivated a list of the top 10 stories. Here’s the latest news!

SKY HIGH: A Real Estate Roundtable on the State of The Condo Market

With most houses in the GTA out of reach, condos have become the new starter home, the downsizer’s destination and a great investment for overseas buyers. But how do you pick? New, old or not yet built? And when’s the right time to invest?
Full Story on TorontoLife.com

 

Toronto is Getting Its First Smoke-Free Condo

Located at Lawrence and Weston, the 22-storey building will restrict tobacco and cannabis smoking in all areas – but vaping is allowed.
Full Story on NowToronto.com

 

 

The Cost of Rent is Rising Fast in Toronto’s Neighbouring Cities

High rents aren’t just a Toronto problem. Pricey monthly payments, a feature of downtown living, are leaking into the suburbs and beyond, experts say.
Full Story on TheStar.com

 

 

 

As Housing Affordability Erodes, Millennials Forced to Get Creative to Buy That First Home

Millennials are cobbling together different ways to make down payments, settling for alternative housing options or sending letters to sellers when making an offer.
Full Story on FinancialPost.com

 

 

Greater Toronto Real Estate Prices Are Down 5%, Sales Drop Over 20%

Toronto real estate prices are split on where they should be heading. Toronto Real Estate Board (TREB) numbers show prices fell in May, but the city remained positive. The softer prices were largely due to declining sales, leaving more inventory unabsorbed.
Full Story on BetterDwelling.com

 

 

Rogers Family Foray into Real Estate Not Shaken by Market Volatility

A cooling property market in Canada’s largest city is not holding back one of the country’s richest families from pushing ahead with $1.5 billion multi-condo development in Mississauga, Ontario.
Full Story on BNNBloomberg.ca

 

 

Mixed-Use Condo Developer on the Hook for Plans at Former Hogtown Abattoir

On a helicopter tour of some of his Toronto projects this spring, Mazyar Mortazavi, principal of TAS, suggested that this birds-eye view provided a sense of perspective on Toronto’s constant debates about low-rise versus high-rise buildings.
Full Story on TheGlobeandMail.com

 

 

GTA Voters Say They Want Land Transfer Tax Gone As Home Sales Dip

A majority of voters in the Greater Toronto Area say they want Ontario’s next government to do away with the province’s land transfer tax, according to a poll.
Full Story on CTVNews.ca

 

 

 

Homebuyers Inflating Income on Mortgage Applications, Study Says, But Don’t Blame the Brokers

Haider Moranis Bulletin: A study found an increase in housing prices increased the incidence of homebuyers exaggerating their incomes on loan applications.
Full Story on FinancialPost.com

 

 

Why Aren’t Home Prices Falling? Home Sellers Won’t Have It

It’s been more than five months since the roll-out of new mortgage rules that forced even homebuyers with a larger downpayment to undergo a financial stress test. A lot has happened since then.
Full Story on GlobalNews.ca

The post Top 10 Real Estate News Stories From May 28 – Jun. 10, 2018 appeared first on StoryLine by CondoNow.

]]>
https://condonow.com/learn/top-10-real-estate-news-stories-from-may-28-jun-10-2018/feed/ 0
Why Ottawa is Canada’s Ripest City For Investment https://condonow.com/learn/why-ottawa-is-canadas-ripest-city-for-investment/ https://condonow.com/learn/why-ottawa-is-canadas-ripest-city-for-investment/#comments Sat, 26 May 2018 20:07:57 +0000 https://condonow.com/learn/?p=1935 With a booming tech industry, increasing population density, low unemployment rates and major neighbourhood and infrastructure rejuvenation projects underway, Ottawa is Canada’s ripest city for investment. The city’s landscape is going through a metamorphosis with new high-rise condo developments, one of the country’s strongest startup and tech industries and a new 2.1 billion dollar LRT …

The post Why Ottawa is Canada’s Ripest City For Investment appeared first on StoryLine by CondoNow.

]]>

With a booming tech industry, increasing population density, low unemployment rates and major neighbourhood and infrastructure rejuvenation projects underway, Ottawa is Canada’s ripest city for investment.

The city’s landscape is going through a metamorphosis with new high-rise condo developments, one of the country’s strongest startup and tech industries and a new 2.1 billion dollar LRT transit system. Because of this, investors are starting to gravitate towards the capital city.

The influx of young people and newcomers to the Ottawa area is the main reason for the new 13-stop LRT line which will open its first extension in November of this year. The LRT is also spurring new office development and higher property values around stations.

Image Source: Ottawacitizen.com

Condo sales were up 20 per cent in 2017 and this year has also seen a consistent rise as well – one of Ottawa’s most sought-after projects is 1451 Wellington by Mizrahi Developments. Located at the junction of two of the city’s trendiest neighbourhoods, Wellington West and Westboro, 1451 Wellington is a boutique condominium of just 93 units, designed with a superior standard of interior finishes and five-star hotel-like amenities.

Recent numbers released by the Ottawa Real Estate Board show house prices in Westboro have skyrocketed by over fifty per cent, and bidding wars are breaking out across the city.

“Ottawa is on the cusp of a major transformation,” said Sam Mizrahi President of Mizrahi Developments. “Ottawa is also a very vibrant and stable city. It’s really the place to invest over the next five years in terms of getting really good returns with a much lower cost of entry. You are coming in at a price with very good metrics, with similar rents and revenue, compared to Toronto or any other international city.”

Additional transformation will come by way of the world’s largest retailer, Amazon, who just this week began work on a massive distribution centre set to bring 1,000 jobs to the city’s already healthy job market. Ottawa’s robust employment opportunities in Government, The City of Ottawa and the booming tech sector has attracted families moving from other urban centres. This spike in housing demand has created a ‘listings-starved market’ where statistics show an all-time low vacancy rate of below 2%. Figures from the Ottawa Real Estate Board show that inventories are selling as soon as they come on the market. On average, properties are moving as fast as 11 days, compared to last year and foreign buyers are taking heed.

Ottawa has replaced Toronto as the market with the highest foreign investors according to new RBC research. “Between November 2017 and February 2018, just 2.1 per cent of Toronto property transactions involved foreign buyers, compared to 2.5 per cent in Ottawa”, reads the report. This is largely due to the 15% Foreign Buyers Tax that hit Toronto and the Greater Golden Horseshoe area last year. This tax does not apply to Ottawa.

The nation’s dynamic capital is the best-kept secret no longer. A stable job market, reasonable cost per square foot to buy in proportion to income and growing infrastructure are trends continuing in 2018. The stars are aligning and it is the perfect time to invest in Ottawa.

Here are some shots of Ottawa courtesy of Mizrahi Developments.

Thinking of investing in a condo in Ottawa? Take a look at this pre-construction project.

The post Why Ottawa is Canada’s Ripest City For Investment appeared first on StoryLine by CondoNow.

]]>
https://condonow.com/learn/why-ottawa-is-canadas-ripest-city-for-investment/feed/ 1
Exclusive Sneak Peek: Sam Mizrahi’s 1451 Wellington Condos Ottawa https://condonow.com/learn/exclusive-sam-mizrahi-discusses-1451-wellington-ottawa/ https://condonow.com/learn/exclusive-sam-mizrahi-discusses-1451-wellington-ottawa/#respond Thu, 17 May 2018 22:38:28 +0000 https://condonow.com/learn/?p=1927   Just days away from Toronto’s official launch of 1451 Wellington Condos, we had the privilege to sit down with Sam Mizrahi, President of Mizrahi Developments, to discuss his next major project. It’s no secret that Ottawa is the hottest real estate market right now and Mizrahi Developments is set to bring an iconic boutique condominium …

The post Exclusive Sneak Peek: Sam Mizrahi’s 1451 Wellington Condos Ottawa appeared first on StoryLine by CondoNow.

]]>

 

Just days away from Toronto’s official launch of 1451 Wellington Condos, we had the privilege to sit down with Sam Mizrahi, President of Mizrahi Developments, to discuss his next major project.

It’s no secret that Ottawa is the hottest real estate market right now and Mizrahi Developments is set to bring an iconic boutique condominium to the vibrant Westboro neighbourhood.

Here’s an exclusive sneak peek as Mizrahi gives us insight, in his words, “Why Ottawa?”

 

Full-length video down below.

The post Exclusive Sneak Peek: Sam Mizrahi’s 1451 Wellington Condos Ottawa appeared first on StoryLine by CondoNow.

]]>
https://condonow.com/learn/exclusive-sam-mizrahi-discusses-1451-wellington-ottawa/feed/ 0
Top 10 Real Estate News Stories From Apr. 30 – May 13, 2018 https://condonow.com/learn/top-10-real-estate-news-stories-from-apr-30-may-13-2018/ https://condonow.com/learn/top-10-real-estate-news-stories-from-apr-30-may-13-2018/#respond Fri, 11 May 2018 21:11:43 +0000 https://condonow.com/learn/?p=1918 Our CondoNow experts have narrowed down the top 10 real estate news stories from April 30 – May 13, 2018. BMO woos homebuyers as mortgage wars heat up, downsizers expected to boost Toronto’s luxury condo prices, and Ottawa’s rental shortage attracts savvy investors. We’ve cultivated a list of the top 10 stories. Here’s the latest …

The post Top 10 Real Estate News Stories From Apr. 30 – May 13, 2018 appeared first on StoryLine by CondoNow.

]]>

Our CondoNow experts have narrowed down the top 10 real estate news stories from April 30 – May 13, 2018.

BMO woos homebuyers as mortgage wars heat up, downsizers expected to boost Toronto’s luxury condo prices, and Ottawa’s rental shortage attracts savvy investors. We’ve cultivated a list of the top 10 stories. Here’s the latest news!

BMO Offers Record Variable Discount as Mortgage Wars Heat Up

Bank of Montreal is wooing homebuyers with a variable mortgage rate with the biggest discount ever by a large Canadian bank, according to one market watcher.
Full Story on BNNBloomberg.com

 

High-End Home Sales Hit By New Rules: Report

New stress tests, higher rates and the foreign buyers’ tax have rippled into the top of the housing market. But condos are predicted to gain ground.
Full Story on TheStar.com

 

 

 

Unlikely Canadian City Attracting Foreign Buyers

Ottawa is experiencing a rental shortage, and savvy foreign investors are swooping in.
Full Story on CanadianRealEstateMagazine.ca

 

 

 

Boomers Or Millennials: Who Had it Tougher in the Toronto Housing Market?

The plight of the millennial Toronto home buyer has been a turbulent one; for this generation, the search for the perfect abode has been defined by downsized expectations, sky-high prices and steep competition.
Full Story on RemOnline.com

 

 

Aquabella by Tridel Project of the Year

The number of homes sold to foreign buyers in Toronto has dropped steadily over the year since the province introduced a 15-percent tax on such purchases, falling from 7.2 percent of sales in May, 2017, to.
Full Story on TheGlobeandMail.com

 

 

Whistler Tops Vancouver as Canada’s Craziest Real Estate Market

The soaring cost of living is the dark underbelly of Whistler’s growing popularity as a four-season destination.
Full Story on TheStar.com

 

 

 

Coveted Amenity a Blessing for Investors

Buying an investment property near a school is one of the surest ways to maximize returns on investments.
Full Story on CanadianRealEstateMagazine.ca

 

 

 

Renewing Your Mortgage? Doing Your Homework Could Save You Thousands of Dollars

 

 

 

Two Toronto Buildings Just Won Governor-General’s Medals In Architecture

The 2018 Governor-General’s Medals in Architecture honour outstanding buildings across Canada. The winning projects are celebrated for their commitment to natural materials, clean design, and craftsmanship.
Full Story on TorontoStoreys.com

 

 

Montreal Home Sales Continue to Climb in Hot Market

Condominiums median price up 2% compared to last year, half of all units selling for more than $245,350.
Full Story on CBC.ca

 

The post Top 10 Real Estate News Stories From Apr. 30 – May 13, 2018 appeared first on StoryLine by CondoNow.

]]>
https://condonow.com/learn/top-10-real-estate-news-stories-from-apr-30-may-13-2018/feed/ 0
Top 10 Real Estate News Stories From Apr. 16 – 29, 2018 https://condonow.com/learn/top-10-real-estate-news-stories-from-apr-16-29-2018/ https://condonow.com/learn/top-10-real-estate-news-stories-from-apr-16-29-2018/#respond Sun, 29 Apr 2018 03:31:20 +0000 https://condonow.com/learn/?p=1906 Our CondoNow experts have narrowed down the top 10 real estate news stories from April 16 – 29, 2018. The numbers are in and Canada had the biggest Q4 ever, electric car chargers become a condo requirement, and the mortgage rate sees the ‘biggest move in years’. We’ve cultivated a list of the top 10 …

The post Top 10 Real Estate News Stories From Apr. 16 – 29, 2018 appeared first on StoryLine by CondoNow.

]]>

Our CondoNow experts have narrowed down the top 10 real estate news stories from April 16 – 29, 2018.

The numbers are in and Canada had the biggest Q4 ever, electric car chargers become a condo requirement, and the mortgage rate sees the ‘biggest move in years’. We’ve cultivated a list of the top 10 stories. Here’s the latest news!

Canadian Residential Real Estate Investment Had The Biggest Q4 Ever

For better or worse, real estate is one of the most important drivers of the Canadian economy. Residential structure investment, the amount of capital deployed for building new housing, reached one of the highest ratios against Gross Domestic Product (GDP) ever.
Full Story on BetterDwelling.com

 

 

New Rules Hope to Jolt Condo Boards to Install Electric Car Chargers

New provincial regulations are designed to make it easier for the growing number of condo dwellers to own electric cars by encouraging the installation of charging stations in parking areas.
Full Story on TheStar.com

 

 

 

Toronto-Dominion Bank Lifts Mortgage Rate in ‘biggest move in years,’ RBC Follows Suit

Toronto-Dominion Bank has lifted its posted rate for five-year fixed mortgages by 45 basis points to 5.59 per cent as government bond yields touched their highest levels since 2011 this week.
Full Story on FinancialPost.com

 

 

 

With Graduation Season in Full Force, Travellers Turn to Airbnb

Toronto is home to innumerable international students and graduation season is upon us, but hotel room prices in the city are exorbitant. With graduation season in full force, travellers turn to Airbnb.
Full Story on CanadianRealEstateMagazine.ca

 

 

 

B.C.’s Condo-Flipping Crackdown Law Targets Tax Evasion to Keep Down Prices

British Columbia’s government wants to crack down on tax evasion in the condominium market and gives municipalities more control over rental housing as it looks for ways of easing a housing crunch.
Full Story on BNN.ca

 

 

 

US Federal Reserve Indicators Show Canadian Real Estate Buyers Still “Exuberant”

Canadians are still overly enthusiastic about real estate prices. Indicators show buyers actually became more irrational in the prices paid in the fourth quarter of 2017. Analysts from the reserve bank warn prices are still overheated across the country.
Full Story on BetterDwelling.com

 

 

 

Last Resort Lender Keeping Canadian Home Buying Dreams Alive

Alternative lenders are playing a growing role in Canada’s real estate market as the industry searches for new sources of financing, risk-averse banks become more picky and investors look for yield.
Full Story on TheStar.com

 

 

 

Calgary Comes Last in Moneysense Ranking of Best Cities for Real Estate Investment

 

 

 

Are Variable Mortgage Rates Still the Best Choice for Saving on Interest?

Variable rates have long been a favourite option for mortgage nerds. In part, that’s because of a 2001 study showing that Canadian mortgage holders would have been better off almost 90 per cent of the time with a variable rather than fixed rates between 1950 and 2000.
Full Story on GlobalNews.ca

 

 

 

Allied Properties REIT Plans to Spend $1 Billion to Meet Toronto Tech Office Demand

Allied aims to issue 10-year bonds in Canada, likely in the $200 million range, to help fund its The Well project, 1.6 million square feet of office and retail space.
Full Story on FinancialPost.com

The post Top 10 Real Estate News Stories From Apr. 16 – 29, 2018 appeared first on StoryLine by CondoNow.

]]>
https://condonow.com/learn/top-10-real-estate-news-stories-from-apr-16-29-2018/feed/ 0
Top 10 Real Estate News Stories From Mar. 25 – Apr. 15, 2018 https://condonow.com/learn/top-10-real-estate-news-stories-from-mar-25-april-15-2018/ https://condonow.com/learn/top-10-real-estate-news-stories-from-mar-25-april-15-2018/#respond Fri, 13 Apr 2018 21:52:25 +0000 https://condonow.com/learn/?p=1892 Our CondoNow experts have narrowed down the top 10 real estate news stories from Mar. 25 –  April 15, 2018. Sidewalk Labs’ Chief Exec explains why his company’s world-leading smart community is coming to Toronto’s waterfront, a new study sheds some light on Toronto’s biggest real estate investors and Millennials heat up the Condo market. …

The post Top 10 Real Estate News Stories From Mar. 25 – Apr. 15, 2018 appeared first on StoryLine by CondoNow.

]]>

Our CondoNow experts have narrowed down the top 10 real estate news stories from Mar. 25 –  April 15, 2018.

Sidewalk Labs’ Chief Exec explains why his company’s world-leading smart community is coming to Toronto’s waterfront, a new study sheds some light on Toronto’s biggest real estate investors and Millennials heat up the Condo market. We’ve cultivated a list of the top 10 stories. Here’s the latest news!

Q&A: Dan Doctoroff on Building the Neighbourhood of Tomorrow

Your company, Sidewalk, which is owned by Alphabet, has kicked up quite the fuss since rolling into town last year. Please explain, for the uninitiated, what your project is all about.
Full Story on TorontoLife.com

Toronto’s Tale of Two Markets Is Hot Condos and Cold Houses

It’s a tale of two housing markets in the Toronto area as Canada’s biggest city gears up for the crucial spring selling season: sales of big detached homes are slow, while condo deals are booming.
Full Story on Bloomberg.com

 

 

 

Who Are The Condo Investors in Toronto? A New Study Sheds Some Light

A study, called A Window Into the World of Condo Investors, found that only about 10 per cent of condo investors are international buyers.
Full Story on Toronto.com

 

 

 

Toronto Developers Hope to Build a Better Townhouse

When developers Daniels and Diamond Corp. began looking at a large development site on Sheppard Avenue East, near Markham Road, in the northeastern reaches of Toronto a few years ago, the two firms could have gone high, as most builders choose to do in this market.
Full Story on TheGlobeandMail.com

 

 

Millennials Help Heat Up Toronto Market (With Help From ‘Bank Of Family’)

Compared to last year, home prices are 12 per cent lower, with single-family houses continuing to drop. Condos, on the other hand, are posting rising gains consistently. Millennials, however, helped somewhat to heat things up.
Full Story on TorontoStoreys.com

 

 

 

EXCLUSIVE: Prime Minister Justin Trudeau Talks Toronto Real Estate

While the Liberal government has identified affordable housing as a “substantial” issue and directed some $40 billion towards a National Housing Strategy, the question remains whether that money is flowing quickly enough.
Full Story on TorontoStoreys.com

 

 

 

Move Over, Toronto and Vancouver: Montreal is Poised to Become New Capital of Luxury Real Estate

Calgary and Montreal are on track to eclipse Toronto and Vancouver as Canada’s fastest growing luxury real estate market this year as rising consumer confidence boosts demand for homes over $1 million.
Full Story on FinancialPost.com

 

 

Parkside Village Master-PlanCondo Renters in Toronto, Get Ready to Write a Bigger Check

Finding a condo to rent in Toronto is tough enough — paying for it has just gotten a lot harder. Part of the reason is simple, supply and demand: Workers are flowing to Toronto for its booming tech and financial-services industries and competing for a scarcity of available units.
Full Story on Bloomberg.com

 

 

OREA Urges More Stringent Rules for Former Grow-ops

The organization representing Ontario’s real estate agents is calling for stronger rules to protect home buyers against the risks involved in purchasing a former grow-op, a situation it argued will increase once cannabis is legalized later this year.
Full Story on CanadianRealEstateMagazine.com

 

 

Experts Predicted A Mortgage Boom At Canadian Credit Unions. That Isn’t Happening

The Canadian real estate industry didn’t worry when banks announced they would be stress testing mortgages. Instead, many mortgage brokers boasted that borrowers would just go to credit unions, since they weren’t subject to the same rules. numbers show that isn’t the case.
Full Story on BetterDwelling.com

The post Top 10 Real Estate News Stories From Mar. 25 – Apr. 15, 2018 appeared first on StoryLine by CondoNow.

]]>
https://condonow.com/learn/top-10-real-estate-news-stories-from-mar-25-april-15-2018/feed/ 0
King West Market Report https://condonow.com/learn/king-west-market-report/ https://condonow.com/learn/king-west-market-report/#respond Thu, 22 Mar 2018 14:22:00 +0000 https://condonow.com/learn/?p=1878 Playground Condos by Cityzen is coming to trendy King West very soon and there is already tremendous interest. Expecting some very good pricing and incentives for this launch, we are giving you the very first opportunity to make an informed decision! Why King West? The Technology revolution in Toronto is booming, representing about 1 in …

The post King West Market Report appeared first on StoryLine by CondoNow.

]]>

Playground Condos by Cityzen is coming to trendy King West very soon and there is already tremendous interest. Expecting some very good pricing and incentives for this launch, we are giving you the very first opportunity to make an informed decision!

Why King West? The Technology revolution in Toronto is booming, representing about 1 in every 7 jobs and 2X the Canadian technology employment growth. King West has been targeted as the place to be for technology-focused companies. Companies like Uber, Twitter, eBay, Paypal, Kijiji and many more are in King West right now!

Global technology employees searching for work and living accommodation see the cost of living in Toronto is cheaper than tech hubs like San Francisco and New York and the quality of life and amenities here are better or equal to those cities. All this makes Toronto the fastest growing tech market in North America!

Canada will welcome nearly one million immigrants over the next three years. This will continue to support demand for developments like Playground Condos and others just like it in King West. For example, two new developments in this neighbourhood are Zen King West by Centrecourt and Kingly by RioCan. Pricing at Zen King West was approximately $850-$950 per square foot, and pricing at Kingly was approximately $900-$1000 per square foot. Kingly is now SOLD OUT and there is limited Sky Suite availability at Zen King West.

In the resale condo market, recent neighbourhood transactions show selling prices in the

  • $700 – $1000 per square foot range.
  • Resale prices increased 57% in the past 5 years (9.44% p.a. compound growth)

Recent lease transactions for condos in this area are as follows:

  • Studio $1600
  • 1 bedroom $1,800 – $2,000
  • 1 bedroom and den $2,100 – $2,300
  • 2 bedroom $2,500 and up, and increasing!
  • Rents have increased over 33% in the past 5 years (6% p.a. compound growth)

Playground Condos is already under construction and will be perfectly located in a prime tech demographic with many employers dedicated to fostering technology growth in Toronto.

  • This makes it a perfect area to buy an investment condo.
  • High Wages, High Rents and a significant growth area.

Register with us for a personalized investment analysis to learn much more about Playground Condos and be among the first to get pricing and floor plans.

The post King West Market Report appeared first on StoryLine by CondoNow.

]]>
https://condonow.com/learn/king-west-market-report/feed/ 0
Top 10 Real Estate News Stories From Mar. 5 – 18, 2018 https://condonow.com/learn/top-10-real-estate-news-stories-from-mar-5-18-2018/ https://condonow.com/learn/top-10-real-estate-news-stories-from-mar-5-18-2018/#respond Fri, 16 Mar 2018 21:39:51 +0000 https://condonow.com/learn/?p=1868 Our CondoNow experts have narrowed down the top 10 real estate news stories from Mar. 5 – 18, 2018. From RBC Chief Executive’s stance on foreign cash in the Canadian housing market to B.C. introducing an anonymous ‘Realtor tip line’, to high-end home sales plummeting even as prices nudge up, we’ve cultivated a list of …

The post Top 10 Real Estate News Stories From Mar. 5 – 18, 2018 appeared first on StoryLine by CondoNow.

]]>

Our CondoNow experts have narrowed down the top 10 real estate news stories from Mar. 5 – 18, 2018.

From RBC Chief Executive’s stance on foreign cash in the Canadian housing market to B.C. introducing an anonymous ‘Realtor tip line’, to high-end home sales plummeting even as prices nudge up, we’ve cultivated a list of the top 10 stories. Here’s the latest news!

RBC Chief Sounds Alarm on Flood of Foreign Cash in Canadian Real Estate

Toronto, Canada’s biggest housing market, has been correcting over the past few months amid a slew of regulations put in place to steady booming prices and increasing debt.
Full Story on Bloomberg.com

End-Users Flooding Condo Market to Detriment of Renters

The new mortgage rules have redirected Toronto’s would-be low-rise home buyers to the condo market…deterring condo investors from purchasing units renters desperately rely on.
Full Story on CanadianRealEstateMagazine.ca

 

 

There’s a riddle at the centre of Toronto’s housing affordability crisis: What is causing huge chunks of the city to lose population at the same time as the overall population is booming? The answer…
Full Story on TheGlobeandMail.com

 

 

Toronto Condo Owner Discovers Unit Listed on Airbnb Behind Her Back — With More Than 70 Reviews

Units rented out without owners’ consent can violate condo, tenant legislation, experts say.
Full Story on CBC.ca

 

 

How Rampant Development and Poor Planning Left Residents of This Etobicoke Neighbourhood Stuck in Traffic

The Etobicoke neighbourhood of Humber Bay Shores has undergone rapid development in the past two decades, but transit infrastructure hasn’t come with it.
Full Story on TheStar.com

 

 

B.C. Sets Up Anonymous Tip Line For Reporting Shady Real Estate Agents

B.C. has created an anonymous tip line so consumers — and fellow agents — can report shady real estate agents to the provincial regulator.
Full Story on CBC.ca

 

 

 

A woman who failed to disclose to the buyer of her house the shooting death of her son-in-law outside the family’s Vancouver home has lost a lawsuit she filed against the purchaser.
Full Story on The GlobeAndMail.com

 

 

Waterloo Region Among Best Real Estate Markets For Investment: Report

The Real Estate Investment Network has ranked the region as the second-best community for real estate investment in Ontario, behind only Ottawa.
Full Story on CTVNews.ca

 

 

 

Investing in Ontario Real Estate? These Cities Are The Best Bets

A new report from independent research think-tank Real Estate Investment Network (REIN) ranked Ontario’s largest metropolitan areas in terms of real estate market performance and suitability for investment over the next 5 years.
Full Story on MortgageBrokerNews.ca

 

 

Luxury Home Sales Plummet 58% in Toronto as High-End Sector Hit Hardest in Slump

But prices did inch up to a cool $4,201,873.
Full Story on FinancialPost.com

The post Top 10 Real Estate News Stories From Mar. 5 – 18, 2018 appeared first on StoryLine by CondoNow.

]]>
https://condonow.com/learn/top-10-real-estate-news-stories-from-mar-5-18-2018/feed/ 0
Top 10 Real Estate News Stories From Feb. 19 – Mar. 4, 2018 https://condonow.com/learn/top-10-real-estate-news-stories-feb-19-mar-4-2018/ https://condonow.com/learn/top-10-real-estate-news-stories-feb-19-mar-4-2018/#respond Thu, 01 Mar 2018 15:55:09 +0000 https://condonow.com/learn/?p=1849 Our CondoNow experts have narrowed down the top 10 real estate news stories from Feb. 19 – Mar. 4, 2018. From RECO reviewing the use of bitcoin in real estate transactions, to privacy concerns facing Google affiliate’s Toronto Waterfront development, to the implementation of B.C.’s dual agency ban for all realtors, we’ve cultivated a list …

The post Top 10 Real Estate News Stories From Feb. 19 – Mar. 4, 2018 appeared first on StoryLine by CondoNow.

]]>

Our CondoNow experts have narrowed down the top 10 real estate news stories from Feb. 19 – Mar. 4, 2018.

From RECO reviewing the use of bitcoin in real estate transactions, to privacy concerns facing Google affiliate’s Toronto Waterfront development, to the implementation of B.C.’s dual agency ban for all realtors, we’ve cultivated a list of the top 10 stories. Here’s the latest news!

Units in Toronto’s 31-storey Ellie Condo are being offered for from 70 to 116 bitcoins – a moving target given the currency’s volatility.
Full Story on TheGlobeAndMail.com

Toronto Man Will Only Sell His Condo for Bitcoin and Here’s Why

Demanding digital currency rules out most prospective homeowners, but could make it easier for foreign buyers.
Full Story on CBC.ca

 

 

SidewalkLabs

Google affiliate’s plans for tech utopia face privacy, development concerns.
Full Story on TheGlobeAndMail.com

 

 

 

BMO to Build New ‘urban campus’ Across from Yonge-Dundas Square

The four-storey, high-tech building will connect 3,500 employees with transit and customers.
Full Story on TheStar.com

 

 

 

Housing Crunch Could Drain Toronto Talent Pool

The Toronto Region Board of Trade says 42 percent of young professionals would consider moving to a more affordable housing market.
Full Story on TheStar.com

 

 

 

RioCan CEO Looks to Trade in Malls to Develop Apartments

RioCan CEO Ed Sonshine is trying to capitalize on the rental boom and insulate RioCan from the rise of e-commerce.
Full Story on TheStar.com

 

 

 

Tumbling Toronto Home Sales Signal a Return to Normal Market, Say Analysts

Convergence of higher rates, government policy and new mortgage rules hit home sales. But that doesn’t mean homes are more affordable.
Full Story on TheStar.com

 

 

 The GTA’s Population is Booming — but Not Necessarily in the Right Places

There seem to be countless examples across the GTA of developments springing up without sufficient nearby transit connections, parks, libraries, schools and clinics to support the number of people moving in.
Full Story on TheStar.com

 

 

‘Dual Agency’ Real Estate Rules Booted to June

The Office of the Superintendent of Real Estate (OSRE) has postponed introduction of controversial legislation regarding dual agency and disclosures in real estate transactions.
Full Story on BIV.com

 

 

Some of the World’s Priciest Real Estate Floats on Open Waters

It’s among the world’s most-expensive real estate per square foot, where the oceanfront views never tire, and where the price of entry buys access to the otherwise inaccessible—165 apartments aboard The World, a condo cruise ship.
Full Story on Bloomberg.com

The post Top 10 Real Estate News Stories From Feb. 19 – Mar. 4, 2018 appeared first on StoryLine by CondoNow.

]]>
https://condonow.com/learn/top-10-real-estate-news-stories-feb-19-mar-4-2018/feed/ 0
Top 10 Real Estate News Stories From Feb. 5 – 18, 2018 https://condonow.com/learn/top-10-real-estate-news-stories-from-feb-5-18-2018/ https://condonow.com/learn/top-10-real-estate-news-stories-from-feb-5-18-2018/#respond Sat, 17 Feb 2018 23:16:40 +0000 https://condonow.com/learn/?p=1838 Our CondoNow experts have narrowed down the top 10 real estate news stories from Feb 5 – 18, 2018. From new condo sales already setting records for Toronto, to why the Real Estate Board cares where the city council gets its money, to Toronto’s median price decline, we’ve cultivated a list of the top 10 …

The post Top 10 Real Estate News Stories From Feb. 5 – 18, 2018 appeared first on StoryLine by CondoNow.

]]>

Our CondoNow experts have narrowed down the top 10 real estate news stories from Feb 5 – 18, 2018.

From new condo sales already setting records for Toronto, to why the Real Estate Board cares where the city council gets its money, to Toronto’s median price decline, we’ve cultivated a list of the top 10 stories. Here’s the latest news!

New Condo Sales are Red Hot Across Canada Says Altus Group

The GTA was the hottest market with 36,429 unit sales in the year, setting a new record.
Full Story on CanadianRealEstateMagazine.Ca

In Toronto’s Land War, Condo Builders Are Better Armed

With unrelenting demand and the deep pockets that brings with it, condo builders are consistently winning the contest for scarce building land in Toronto.
Full Story on TheGlobeAndMail.Com

 

 

Toronto Real Estate Gets First Median Price Decline Since 2009

Toronto real estate set a quiet record, that went largely uncelebrated last month. Numbers from the Toronto Real Estate Board (TREB) show that the median price declined. While it’s not an end of time announcement, here’s why you should care about it.
Full Story on BetterDwelling.com

 

 

Why Toronto Real-Estate Agents Are Sounding The Alarm Over The City’s Budget

Why does this real estate board care where city council gets its money? And why should it matter how the market is doing this January? If these are questions you’re asking yourself in light of this recent (and somewhat confusing) complaint, read onwards.
Full Story on Torontoist.com

 

National Home Price index Up, Toronto Reverses Downward Trend

Toronto’s gain was the first in 6 months and was almost entirely down to condos.
Full Story on CanadianRealEstateMagazine.Com

 

 

City to Strategize on How to Stop Toronto From Becoming ‘playground for the rich’

Faced with crisis around affordability of rental housing, staff will develop plan to stop what one Councillor called the “Manhattanization” of Toronto.
Full Story on TheStar.Com

 

 

In a City of Rising Rents, One Man’s Search For an Affordable Place to Call Home in Toronto

Inspired by all the great films he’s seen at TIFF, Huy Do, 27, made his quest into a movie poster, marketing himself as the perfect tenant.
Full Story on TheStar.Com

 

 

Toronto 2018 Budget Keeps Property Tax Down, Drawing Concerns

Toronto’s mayor says this year’s budget is “just right,” but one critic argues failing to hike property taxes above the rate of inflation will make the city less affordable for everyone.
Full Story on CBC.Ca

 

 

Seattle Trails Toronto For Most Cranes, S.F. Has Highest Increase

Seattle has the most cranes in the United States, while Toronto, with 88, has the most cranes in North America.
Full Story on Bisnow.Com

 

Toronto Condo Numbers Set New Records

 Toronto’s condominium market hit another market milestone as the number of proposed apartments in the Greater Toronto Area passed 380,152 units in 2017.
Full Story on TheGobeAndMail.com

 

 

 

The post Top 10 Real Estate News Stories From Feb. 5 – 18, 2018 appeared first on StoryLine by CondoNow.

]]>
https://condonow.com/learn/top-10-real-estate-news-stories-from-feb-5-18-2018/feed/ 0
Top 10 Real Estate News Stories From Jan. 20 – Feb. 4, 2018 https://condonow.com/learn/top-10-real-estate-news-stories-from-jan-20-feb-4-20181824-2/ https://condonow.com/learn/top-10-real-estate-news-stories-from-jan-20-feb-4-20181824-2/#respond Sun, 04 Feb 2018 06:46:30 +0000 https://condonow.com/learn/?p=1824 Our CondoNow experts have narrowed down the top 10 real estate news stories from Jan. 20 – Feb 4, 2018. From talks of implementing a vacant-home tax in Ontario, to the competitive rental market showing no signs of cooling down, to OREA  seeking feedback on modernizing the Real Estate industry, we’ve cultivated a list of …

The post Top 10 Real Estate News Stories From Jan. 20 – Feb. 4, 2018 appeared first on StoryLine by CondoNow.

]]>

Our CondoNow experts have narrowed down the top 10 real estate news stories from Jan. 20 – Feb 4, 2018.

From talks of implementing a vacant-home tax in Ontario, to the competitive rental market showing no signs of cooling down, to OREA  seeking feedback on modernizing the Real Estate industry, we’ve cultivated a list of the top 10 stories. Here’s the latest news!

Toronto Real Estate Board Survey Offers More Info On Vacant Homes In The City

A survey from the Toronto Real Estate Board shows that two per cent of homeowners have a second property sitting empty as city staff continue to explore the idea of a vacant-homes tax.
Full Story On MetroNews.ca

The Last Hot Sector of Toronto’s Housing Market is Set To Cool This Year

Condo prices shot up 35% just in the last quarter of the year, but prices and sales will fall, says report.
Full Story On FinancialPost.com

 

 

How Ottawa Has Become a Top Real Estate Market to Watch

Ottawa’s real estate market is one of Canada’s strongest and steadiest.
Full Story on TheGlobeandMail.Com

 

 

Housing Market Still Overvalued In Toronto, Vancouver, Despite Slowdown In Price Growth: CMHC

With prices remaining high relative to salaries and demographics, the housing boom in Canada’s biggest cities leaves the national market vulnerable, CMHC said.

Full Story on FinancialPost.Com

 

Why Real Estate Agents Are More Important Than Ever

Realtors expecting steady growth in sales and prices this year, even as new rules come into play.
Full Story On REMOnline.com

 

 

Multiple Offers Now Common In Toronto Condo Rental Market

A lack of rental units has led to a spike in apartment and rental costs, and experts do not foresee the market cooling any time soon.
Full Story On TheGlobeAndMail.Com

 

 

Tale of Two Markets: 2017 Toronto Condo Demand Soared While Sales of New Single-Family Homes Slumped

It was a year of extremes in Toronto’s new-home market, with pre-construction sales of single-family homes falling 58 per cent in 2017 while new condominium sales soared to a record high.
Full Story On TheGlobeAndMail.Com

 

TREB: 1 In 10 Toronto Homeowners Planning To Sell Real Estate, Will Rent Next

Toronto real estate buyers and sellers may be on two different pages, according to a new survey. A survey conducted by Ipsos, on behalf of the Toronto Real Estate Board (TREB), shows an increasing number of homeowners are preparing to cash in.
Full Story On BetterDwelling.com

 

OREA Seeking Input on Improving Transparency Of Real Estate Industry

The Ontario Real Estate Association is seeking feedback on whether it should push the provincial government into modernizing the real estate industry to make it more transparent.

Full Story on CanadianBusiness.Com

 

Condos, Townhomes in High Demand in Metro Vancouver, Real Estate Board Says

1,818 homes were sold in January — up 19.4 per cent from the same time last year.

Full Story On CBC.Ca

 

The post Top 10 Real Estate News Stories From Jan. 20 – Feb. 4, 2018 appeared first on StoryLine by CondoNow.

]]>
https://condonow.com/learn/top-10-real-estate-news-stories-from-jan-20-feb-4-20181824-2/feed/ 0
Top 10 Real Estate News Stories From Jan. 8 – 19, 2018 https://condonow.com/learn/top-10-real-estate-news-stories-from-jan-8-19-2018-2/ https://condonow.com/learn/top-10-real-estate-news-stories-from-jan-8-19-2018-2/#respond Sat, 20 Jan 2018 20:24:54 +0000 https://condonow.com/learn/?p=1820 Our CondoNow experts have narrowed down the top 10 real estate news stories from Jan. 8 – 19, 2018. From the highly anticipated reconstruction of the LCBO Headquarters on Queens Quay, to the sky-rocketing Montreal Real Estate market, and what to expect from rising interest rates, we’ve cultivated a list of the top 10 stories. Here’s …

The post Top 10 Real Estate News Stories From Jan. 8 – 19, 2018 appeared first on StoryLine by CondoNow.

]]>

Our CondoNow experts have narrowed down the top 10 real estate news stories from Jan. 8 – 19, 2018.

From the highly anticipated reconstruction of the LCBO Headquarters on Queens Quay, to the sky-rocketing Montreal Real Estate market, and what to expect from rising interest rates, we’ve cultivated a list of the top 10 stories. Here’s the latest news!

Sugar Wharf Development’s First Phase To Put 8,000 Residents On Toronto’s Waterfront

A new LCBO store and headquarters, a school and park will be part of the waterfront neighbourhood east of Yonge St.
Full Story On TheStar.Com

Toronto Mixed-Use Site A Hot Commodity

A prime piece of Toronto real estate already zoned for mixed-use development is on the block and attracting interest from a variety of potential purchasers…
Full Story On Renx.Ca

 

 

Scooch Over: Toronto Has Room For More Density, Study Says

Toronto’s population could triple and still be less dense than Brooklyn, N.Y., a Fraser Institute report suggests.
Full Story On TheStar.com

 

 

Montreal Real-Estate Sales Growth Hits 10-Year High While Toronto, Vancouver Sales Decrease

Sales growth exceeded 20 per cent in five of Montreal’s most popular boroughs.
Full Story On TheStar.Com

 

 

canada-housing-realtor-real-estate‘Peak Millennial,’ Condo Nation, And Other Toronto Real Estate Trends To Watch In 2018

Realtors expecting steady growth in sales and prices this year, even as new rules come into play.
Full Story On CBC.Ca

 

 

Tidbits And Trends From The Peel Region Real Estate Market Over Past Five Years
Like the rest of the Greater Toronto Area real estate market, the story in Peel over the last five years in one word has been: “Up”.
Full Story On Mississauga.Com

 

 

Ten York by TridelStrong Demand Underlies Healthy Toronto Luxury Market: Report

In Toronto, only 15 per cent of purchases in the city’s top-end neighbourhoods — the Bridle Path, Forest Hill and Rosedale — involved foreign purchasers.
Full Story On TheStar.Com

 

 

Rise In Condo Maintenance Fees Slowed Last Year, Says Study

Condo fees in Toronto rose only 2.5 per cent in 2017 over the previous year.
Full Story On TheStar.Com

 

 

 

New Influx Of Toronto House-Seekers Eyeing Hamilton

The influx of home buyers from the GTA moving to Hamilton is intensifying as a new wave of Torontonians try to offset the added costs of new mortgage rules and rising interest rates.

Full Story On TheSpec.Com

 

 

What To Expect From Rising Interest Rates

Is now the time to lock in your mortgage? Here’s what to look for when it comes to debt and saving.

Full Story On TheStar.Com

 

The post Top 10 Real Estate News Stories From Jan. 8 – 19, 2018 appeared first on StoryLine by CondoNow.

]]>
https://condonow.com/learn/top-10-real-estate-news-stories-from-jan-8-19-2018-2/feed/ 0