10/6/2023 | Posted in Canadian Housing Market by Micheal Turk
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A recent report from the Canadian Centre for Policy Alternative(opens in a new tab) shows that new housing construction is at a lower level today than it was at the worst point of ... More

Real Estate & Mortgage News

  9/22/2023 | Posted in New Developments by Micheal Turk
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August activity at more than 60% below the region's 10-year average sales level ... More

Real Estate & Mortgage News

  8/18/2023 | Posted in New Developments by Micheal Turk
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Many Canadian homebuyers waiting patiently for construction to finish on their pre-sale unit are being met with cancellation notices from developers. The building environment is ... More

Real Estate & Mortgage News

  2/10/2020 | Posted in Canadian Housing Market by Micheal Turk
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The national trend in housing starts essentially held steady in January. ... More

Real Estate & Mortgage News

  1/10/2020 | Posted in Canadian Housing Market by Micheal Turk
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There was a decline in the 6-month moving trend in Canadian housing starts in December. ... More

Real Estate & Mortgage News

  1/7/2020 | Posted in New Developments by Micheal Turk
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There was strong demand for newly built homes in the Greater Toronto Area in November, the latest month of data released by Altus Group. ... More

Real Estate & Mortgage News

  11/5/2019 | Posted in New Developments by Micheal Turk
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New single-family home sales in the Greater Toronto Area increase a whopping 283% ... More

Real Estate & Mortgage News

  9/18/2019 | Posted in GTA Real Estate by Micheal Turk
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According to a recent BILD report, these charges make a significant impact on affordability. ... More

Real Estate & Mortgage News

  7/11/2019 | Posted in Canadian Housing Market by Micheal Turk
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Canadian housing starts trended higher in June, primarily due to higher trending row and apartment starts, in urban areas. ... More

Real Estate & Mortgage News

  6/27/2019 | Posted in New Developments by Micheal Turk
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There was strong activity in the Greater Toronto Area’s new homes market in May: 4,794 new homes were sold in the month, up 94% from ... More

Real Estate & Mortgage News

  6/6/2019 | Posted in GTA Real Estate by Micheal Turk
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There was some better news for the new homes market in the Greater Toronto Area in April as sales jumped 123% year-over-year. ... More

Real Estate & Mortgage News

  4/30/2019 | Posted in Home Buyers by Micheal Turk
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If you’re considering a custom-built home, here’s everything you need to know. ... More

Real Estate & Mortgage News

  4/22/2019 | Posted in Toronto Real Estate by Micheal Turk
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Toronto’s construction industry may have just averted a calamity. ... More

Real Estate & Mortgage News

  3/27/2019 | Posted in New Developments by Micheal Turk
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Yet sales were still well below the 10-year average, while benchmark prices showed slight moderation from the previous month. ... More

Real Estate & Mortgage News

  3/20/2019 | Posted in Canadian Housing Market by Micheal Turk
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The construction of new homes in Canada will continue to decline for the next two years as the economy slows and higher interest rates weigh on consumers, according to a new ... More

Real Estate & Mortgage News

  2/27/2019 | Posted in GTA Real Estate by Micheal Turk
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BILD announced earlier this week that GTA new home sales volume increased by 14% annually in January, reaching 1,362 transactions. ... More

Real Estate & Mortgage News

  2/1/2019 | Posted in GTA Real Estate by Micheal Turk
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Investment property sales in the GTA had their second-highest year ever at $21.1 billion, but the figure drawing the most attention in Altus Group’s Flash Greater ... More

Real Estate & Mortgage News

  1/17/2019 | Posted in Canadian Housing Market by Micheal Turk
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In the not so distant past, Canadian contractors were building more single-family homes than multi-family homes, such as condo apartments. ... More

Real Estate & Mortgage News

  1/10/2019 | Posted in Ontario Real Estate by Micheal Turk
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Sales of new homes should be positive in 2019 despite the challenges of affordability and interest rates. ... More

Real Estate & Mortgage News

  1/2/2019 | Posted in GTA Real Estate by Micheal Turk
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The Greater Toronto Area (GTA) new-home sales and new project openings’ activities were back to typical levels in November after posting relatively strong results in ... More

Real Estate & Mortgage News

  12/12/2018 | Posted in Canadian Housing Market by Micheal Turk
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The trend in housing starts was 210,038 units in November 2018, compared to 206,460 units in October 2018, according to Canada Mortgage and Housing Corporation (CMHC). ... More

Real Estate & Mortgage News

  12/12/2018 | Posted in Toronto Real Estate by Micheal Turk
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The Greater Toronto and Hamilton Area (GTHA) is at risk of missing provincial population targets, according to a report released today. This would potentially result in ... More

Real Estate & Mortgage News

  11/28/2018 | Posted in GTA Real Estate by Micheal Turk
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October brought some positives for the new homes market in the Greater Toronto Area with sales and openings gaining. ... More

Real Estate & Mortgage News

  11/13/2018 | Posted in New Developments by Micheal Turk
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The increase came as the annual pace of urban starts climbed by 8.6 per cent in October to 191,964 units. ... More

Real Estate & Mortgage News

  11/7/2018 | Posted in Canadian Housing Market Predictions by Micheal Turk
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Income, employment support demand for housing, but they're expected to slow, agency says. Rising mortgage rates are also expected to affect housing demand and the resale ... More

Real Estate & Mortgage News

  10/28/2018 | Posted in GTA Real Estate by Micheal Turk
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There was an improvement in sales of newly-built homes in the Greater Toronto Area last month. ... More

Real Estate & Mortgage News

  8/8/2018 | Posted in Canadian Housing Market by Micheal Turk
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The value of Canadian building permits unexpectedly dropped by 2.3 percent in June from May on weakness in the residential sector, Statistics Canada data indicated on Wednesday. ... More

Real Estate & Mortgage News

  7/30/2018 | Posted in GTA Real Estate by Micheal Turk
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The GTA new homes market is still all about condos even as prices rise while single-family home prices ease. ... More

Real Estate & Mortgage News

  7/10/2018 | Posted in Canadian Housing Market by Micheal Turk
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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 ... More

Real Estate & Mortgage News

  6/22/2018 | Posted in Toronto Real Estate by Micheal Turk
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Sales of newly-built condos in the Greater Toronto Area totalled 2,003 in May, accounting for the bulk of the 2,345 total new home sales. ... More

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