Condos
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.
Dec 01, 2023
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.”
Condos
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
Proxima HQ's Founders Want To Remove The "Chaos" Around Pre-Sale Marketing
Prior to Proxima HQ, Leon Ng founded LNG Studios, a visualization company, while Zhong-Yan Chen spent a decade at Holborn Properties.
$6.9M Modern Farmhouse Sits On 12 Acres In The Heart Of Aurora
Beyond a sprawling, private lot, the property touts a stunning modern farmhouse with all the trappings of luxury.
Real Estate News
A Sign Of The Times: Real Estate Advertising Is Back In Full Force
To make sure their offerings get seen by a shrinking pool of potential buyers, residential builders have started to put more effort into advertising and promotions.
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.
Condos
57% Of Recently Built Toronto Condos Are Owned By Investors
The number of units purchased by investors is on the rise in Toronto, accounting for over half of the units constructed between 2016 and 2021.
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
Condos In Calgary Continue To Soar In The Resale Market
Condominiums remain the only residential property type in Calgary that's on pace to out perform 2022 when it comes to sales.
Condos
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
New Pickering Development Sells Out 95% in First Week
In just one week, CentreCourt sold 95% of its pre-construction condo units during the first-phase launch of Pickering City Centre — a sprawling high-rise development planned for the site of the Pickering Town Centre mall.
Condos
Condo Insider: Fall 2023 Special
STOREYS has teamed up with the Toronto Star to offer condo insights for the Fall 2023 market.
Real Estate News
Over 30 GTHA Condo Projects Delayed As Developers Await “Better Market” For Launch
An additional 8,000 units would have been added to the Toronto and Hamilton area's housing supply stock if not for affordability challenges brought on by sticky inflation and rate realities.
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