condo buyers News and Articles | My Blog
Condo boom puts Toronto atop Crane Index ... again
4/13/2020 | Posted in Commercial Real Estate by Paul DeAdder
The booming Greater Toronto Area has again taken top spot on the North American Crane Index, with the region hosting an astounding 27 per cent of the cranes counted in 14 of ... More
10 first-time homebuyer trends
2/24/2020 | Posted in First Time Home Buyers by Paul DeAdder
Genworth Canada’s 2019 First-Time Homeownership Study provides a snapshot of the demographics of Canada’s first-time homebuyers (FTBs), what’s motivating them ... More
Toronto condo apartment sales gained at the end of 2019
1/17/2020 | Posted in Toronto Real Estate by Paul DeAdder
There were 5,367 condominium apartment sales in the Greater Toronto Area in the fourth quarter of 2019.
... MoreTarion adds new protection for condo buyers
11/3/2019 | Posted in Ontario Real Estate by Paul DeAdder
Ontario home warranty provider will require greater disclosure and information sheets.
... MorePopulation growth continues to drive Canadian condo market activity
10/10/2019 | Posted in Canadian Housing Market by Paul DeAdder
Steady demand for lower-cost housing in Toronto, Vancouver, and Montreal has impelled much-intensified condo market activity this fall, if the latest figures from these ... More
GTA condo apartment sales up 3.2% in the second quarter
7/29/2019 | Posted in GTA Real Estate by Paul DeAdder
The market for condo apartments remained strong in the Greater Toronto Area in the second quarter.
... MoreCondo prices continue growing the fastest in red-hot Toronto
7/12/2019 | Posted in Toronto Real Estate by Paul DeAdder
Amid sustained high levels of demand, condos continued to be the fastest appreciating residential property type in the Greater Toronto Area according to a new report.
... MoreMore mortgage rate cuts could be coming for Canadian homebuyers
6/11/2019 | Posted in Mortgage Interest Rates by Paul DeAdder
Canadian mortgage rates have already tumbled in recent months and more discounts could be on the way for homebuyers, a according to a new forecast.
... MoreHousing demand is stronger than we're told: CIBC
5/15/2019 | Posted in Home Buyers by Paul DeAdder
Canada needs to be building more homes to meet demand which is greater than official figures suggest.
... More1 in 10 new Toronto condos are owned by non-Canadian residents
4/16/2019 | Posted in Toronto Real Estate by Paul DeAdder
A staggering new analysis of foreign-owned residential properties in Canada reveals that at least 10 per cent of all condos built in Toronto between 2016 ... More
Stress test is already obsolete
2/22/2019 | Posted in Mortgages and Real Estate by Paul DeAdder
The B-20 mandated stress test is already outdated considering current market realities, according to a real estate firm head.
... MoreNew condo sales in the GTA have slipped back to average levels
2/4/2019 | Posted in GTA Real Estate by Paul DeAdder
Sales of newly-built condos in the Greater Toronto Area fell back to more normal levels in 2018 following the stellar performance of the previous year.
... MoreWhy 2019 could be one of Toronto renters' toughest years yet
12/28/2018 | Posted in Canadian Housing Market Predictions by Paul DeAdder
If you’re looking to rent in Toronto, 2019 is poised to be a challenging year.
... More12/18/2018 | Posted in Rental Market by Paul DeAdder
Canadian landlords will be increasing rents in 2019 as strong demand for rental housing continues amid high home prices and tighter mortgage lending rules.
... MoreGTA new home sales post best month of 2018 so far
11/28/2018 | Posted in GTA Real Estate by Paul DeAdder
October brought some positives for the new homes market in the Greater Toronto Area with sales and openings gaining.
... MoreCondos remain dominant in GTA new homes market
7/30/2018 | Posted in GTA Real Estate by Paul DeAdder
The GTA new homes market is still all about condos even as prices rise while single-family home prices ease.
... MoreCondo buyers will bear the brunt of Canada-U.S. trade war
7/6/2018 | Posted in New Developments by Paul DeAdder
Canada's steel tariffs will significantly increase the prices of structural steel products.
... MorePrivate lending becomes new normal
6/12/2018 | Posted in Home Buyers by Paul DeAdder
Private lenders have doubled their share of Canadian mortgages since 2015.
... MoreBoomers are quietly changing the condo market
5/26/2018 | Posted in Toronto Real Estate by Paul DeAdder
Move over, millennials - boomers have become a force in Toronto’s luxury condo market
... MoreHow not to get hammered by rising condo fees
5/17/2018 | Posted in Community by Paul DeAdder
Condos can be a problem-solver in today’s real estate market. But there’s also a sense of dread associated with condos, specifically with the monthly maintenance ... More
Planned hikes in development charges rile Toronto-area condo industry
5/1/2018 | Posted in GTA Real Estate by Paul DeAdder
The City of Vaughan and the City of Toronto are among the municipalities considering large increases in their local development charges, which are the taxes that cities collect ... More
Despite weaker sales, GTA condo prices gain 9%
4/17/2018 | Posted in GTA Real Estate by Paul DeAdder
Sales were down almost 30%, new listings were down 11%, but the measure of GTA condos that was higher in the first quarter of 2018 was the selling price.
... MoreCapacity issues revealed in GTA condo report
2/5/2018 | Posted in GTA Real Estate by Paul DeAdder
Condo developers in Toronto are under extreme pressure to deliver more units as demand continues to escalate.
... MoreNo brakes on the Toronto condo price train
1/25/2018 | Posted in Toronto Real Estate by Paul DeAdder
In its latest data release, the Toronto Real Estate Board stated that the average selling price for condominium apartments went up by 17.9% on a year-over-year basis in the ... More
This has happened to GTA condos for the first time since 2015
11/1/2017 | Posted in GTA Real Estate by Paul DeAdder
The unsold inventory of new condo units in the Greater Toronto Area has increased for the first time since the end of 2015.
... MoreToronto condo prices up 22% since last year
10/25/2017 | Posted in Toronto Real Estate by Paul DeAdder
Condos in Toronto were selling at 22% more in the third quarter of 2017 compared to a year earlier.
... MoreGTA will face tough housing decisions amid intensification
9/5/2017 | Posted in GTA Real Estate by Paul DeAdder
If you’re in the market for a new home and think you’ll get a better deal if you just wait for prices to come down, you may want to think again.
... MoreGTA new condo sales set another quarterly record
8/3/2017 | Posted in GTA Real Estate by Paul DeAdder
For the second consecutive quarter, new condo apartment sales in the Greater Toronto Area have reached a new high.
... MoreOntario begins rolling out new condo-board regulations
8/1/2017 | Posted in Ontario Real Estate by Paul DeAdder
Names of Ontario condominium directors will be listed in a public database under new regulations unveiled this month, as the province begins to implement a new law to protect ... More
New GTA condo sales shrug off Ontario Fair Housing Plan
7/26/2017 | Posted in GTA Real Estate by Paul DeAdder
There was a surge in sales of newly built condos in the Greater Toronto Area in June.
... More