Real Estate News

Affordable Housing

Toronto Housing Secretariat Says 15,000 Affordable Homes “Stuck” In Development Pipeline

A new report calls on the provincial and federal governments to supply over $15B in funding to get these housing projects off the ground.

Real Estate News

Toronto's Housing Bubble Risk Subsides, But Market Remains Overvalued

Rising interest rates and soaring inflation have helped to quell Toronto’s risk of a housing bubble, but the city’s real estate market remains woefully overvalued.

Real Estate News

GTA New Home Sales Slump To Near-Record Low For August

With just over 700 new home sales recorded in the GTA last month, it was the second-slowest August on record.

Latest

Fall Condo Insider

A Guide For First-Time Condo Buyers

If it’s your first go at buying real estate, it can seem quite daunting, and being wise to the purchasing process is key.

Fall Condo Insider

How The Pandemic, And Policy, Have Changed The Condo Launch

The past few years have markedly changed the condo launch experience. For developers who make it to launch day it’s no longer the sales-filled party it once was.

Fall Condo Insider

5 Notable Condo Launches Coming To The GTA

From Pickering to Mississauga, Yorkville to York Mills, here are five condos launching soon 2023 that buyers should be paying attention to.

Real Estate News

Ontario Post-Secondary Grads Are Delaying Homeownership Due To Student Loan Debt: Poll

The majority of Ontario grads believe that their student debt will make it "much harder" for them to save for a home, a new survey has found.

Future Developments

Wesgroup Proposing 25 And 17-Storey Rental Towers Near Oakridge

​Wesgroup Properties originally submitted their rezoning application for the Oakridge site in 2020, but has since made significant changes to the proposal.

Real Estate News

Canadian Home Prices Crept Up In August But “Set To Moderate” In Coming Months

The degree of any price declines “should remain limited thanks to the support of historical demographic growth and the persistent lack of housing supply.”

Commercial

Student Housing Provider GEC Living Introduces Developer Partnership Program

​GEC Living will partner with other local developers to lease space, providing security to those developers and quickly adding student housing to the market.

Economy

Economists Divided Over Future Interest Rate Hikes As Inflation Rises

While some experts think the Bank of Canada will keep rates on hold until next year, others believe the "possibility of multiple further hikes" can't be dismissed.

Real Estate News

Half Of Canadians Think They Will Never Be Able To Buy A Home

The share of Canadians who think they will never break into the housing market has edged up 15% over the past six months, according to a new report.

Real Estate News

Toronto Committee Of Adjustment Delays Add Up To $58K To Renos, Infills: Study

On average, decision timelines for Committee of Adjustment applications ran 95 days, which the study notes is 65 days longer than the 30-day standard required by the ​Province of Ontario's Planning Act and 32 days longer than the 63-day target set by the City.

Real Estate News

Latest BoC Rate Pause Comes Amid ‘Stiffer Headwinds’ For Housing Market

“We all know that it’s hard to keep this market down, but the headwinds are stiffer than they were the last time the Bank of Canada stepped aside,” says BMO Senior Economist Robert Kavcic.