Condos
Affordable Housing
'Mortgage Madness': GTA Developer Will Cover First Two Years Of Payments
Camrost Felcorp is offering a limited-time purchase incentive, wherein the developer will carry two years of mortgage payments at three of their hottest pre-con projects.
Mar 15, 2024
Condos
Richmond Presale Buyers Win $13M In Lawsuit Against Prima Condo Developer
Over 30 buyers sued Anderson Square Holdings after the developer of the Alfa project in Richmond, now named Prima, abruptly terminated the presale purchase agreements.
Condos
Metro Vancouver Presale Market Will Likely See 'Marked Improvement' In 2024
After a subdued 2023, unit absorption, prices, and consumer sentiment is expected to improve in 2024, says MLA Canada.
Condos
Why (And How) A BC Developer Is Offering A 10% Presale Deposit Structure
Deposits as low as 10% are not unheard of, but are more commonly seen with townhouses rather than high-rise condos.
CONTEST: Win Tickets To This Month's Spring Cottage Life Show
To ensure you get in on this year's cottage country action, Halloran and Associates is giving away tickets to the 2024 Spring Cottage Life Show.
Condos
Don't Be Shocked By (Even More) Condos in (Even More) Toronto Neighbourhoods
Density is the name of the game when it comes to the Greater Toronto Area’s (GTA) urban planning agenda – especially in areas surrounding current and upcoming public transit hubs. With new provincially-passed legislation as a driving force behind it, these neighbourhoods are in store for a drastic transformation in the not-too-distant future.
Real Estate News
Downtown Toronto Condos Dip Below $1,000 PSF For First Time In 2 Years
Robert Van Rhijn with Strata Realty explains that softer prices are a function of higher interest rates, but will be short-lived without a meaningful infusion of supply.
Condos
Bosa Properties Guaranteeing Rental Revenue To Solhouse 6035 Buyers
Bosa's Rental Revenue Program guarantees a set amount of rental income depending on unit sizes, with Bosa paying the difference if the rental income they receive is lower than what's guaranteed.
Condos
Canadian Condo Market On Track To “Soften The Most”: Economists
Activity is expected to “deteriorate further” in the first half of 2024 amid elevated interest rates and as supply “floods the market.”
Burnaby
Burnaby's Metrotown Takes Centre Stage In The Pre-Sale Condo World
Five of the biggest projects that have recently launched sales, or are about to, in Metro Vancouver, are all located in the Metrotown neighbourhood of Burnaby.
Condos
40 GTA Condo Projects On Hold Amid “Heightened Market Uncertainty”
Collectively, those projects would have brought 13,721 new condo units to the Toronto area, according to new data from Urbanation.
Real Estate News
Luxury Single-Family Home Sales Surged This Summer, But Buyers Bow Out Of Condo Living
"It’s been a very strange market ever since the start of COVID," Don Kottick, President and CEO of Sotheby’s International Realty Canada, told STOREYS. "Consumer demand is changing [....] It's value for money and buyers are going back to single-family."
Real Estate News
Condo Sales Have Slumped In All But Two Canadian Markets
A new report says that Canadian condo markets are in for even more of a slowdown as consumers continue to grapple with affordability amid higher rates.
Condos
Condo Insider: Fall 2023 Special
STOREYS has teamed up with the Toronto Star to offer condo insights for the Fall 2023 market.
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