Condos
Real Estate News
GTA New Home Sales At 40-Year Low In December, Capping Off "Worst Year Since 1990"
“We are literally watching the foundation of the next housing crisis being laid today," said BILD's Justin Sherwood. "December’s new home sales and the low new home sales seen throughout 2024 in the GTA illustrate the problem the region is facing adding new housing supply."
Jan 27, 2025
Real Estate News
Challenges Linger, 125 Presale Launches Projected For Metro Van In 2025
MLA Canada is projecting 125 presale launches in Metro Vancouver in 2025, a minor increase from 2024.
Development Projects
Four 23-Storey Towers Proposed For Etobicoke West Mall
An ambitious four-tower condo development, 23 storeys each, has been proposed by Fana Group of Companies that would deliver over 1,000 residential units to the Etobicoke West Mall neighbourhood.
Condos
Over 2,800 GTHA Condo Units Were Cancelled In 2024 — The Most In A Year Since 2020
“It’s difficult to put a number to it, but there are likely more cancellations coming in 2025,” Urbanation's Shaun Hildebrand tells STOREYS.
Lions Bay Home With View Of Howe Sound Hits Market For $2.4M
The beautiful property sits at 170 Highview Place in the scenic community of Lions Bay in British Columbia.
Development Projects
Concert Properties Proposes 32, 37, And 43 Storeys For Leaside
The proposal is the most recent in a string of proposals dating back to 2016, as the site's context has evolved during and in the years following COVID19.
Development Projects
Colourful New Development Proposed For The Humber Valley
The 43-storey residential development proposed by The Wilby Developments Inc. would naturalize 13,099 sq. ft of land and bring 407 residential units to North York's Weston neighbourhood.
Real Estate News
What The GTA Housing Market Can Expect In 2025
What can we expect come 2025? Is the growth we've seen sustainable? What will sell? Who will buy? Prices? Ahead of the new year, STOREYS spoke to experts and insiders to get an idea of how 2025 could play out.
Development Projects
CURV Developer Sues Presale Purchaser Over Unpaid Deposits On 4 Units
Brivia Group also recently cut the social housing units at CURV and received approval to continue presales into May 2025.
Development Projects
3-Tower Development Proposed Next To Highway 427 In Etobicoke
The new mixed-use development from Broccolini would deliver seven stories of above-ground parking, 936 residential units, and community spaces.
Development Projects
Historic Industrial Building Redevelopment Proposed Near Bloor GO
The 27-, 24-, and 21-storey residential development from First Capital and Firm Capital would deliver 919 new dwelling units within steps of Bloor GO.
Real Estate News
GTA New Home Sales "Notably Low," Down 60% From Last October
"Housing starts are the housing supply of tomorrow and the longer that sales remain low the more it is anticipated that available housing supply in the 2027-2029 time period will suffer," says BILD.
Real Estate News
Canadian Home Sales Reach Highest Level Since April 2022
Though the Bank of Canada has delivered four interest rate cuts since June, including a healthy 50-bps cut in October, the growth in sales is being attributed to a jump in listings.
Development Projects
38-Storey Development Proposed Beside Weston GO Station
Plans for a new mixed-use development, dubbed "Hickory Tree Towers," have been proposed for Toronto's Humber Heights-Westmount neighbourhood, where it would rise 38 storeys and deliver 421 new dwelling units.
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