condos News and Articles | My Blog
Millennials are ditching condos for detached homes
1/7/2020 | Posted in Real Estate Market by Paul DeAdder
The dominance of the condo market in terms of price growth could soon end as millennials start to shift their preferences to established homes, according to a market survey ... More
Online tribunal underway to help with condo disputes
9/19/2018 | Posted in Ontario Real Estate by Paul DeAdder
Condominium lawyers are waiting to see how the jurisdiction of the online Condominium Authority Tribunal expands, while mediators say online dispute resolution will become more ... More
Condo 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.
... 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
Canadian malls add condos, apartments as retail stores shut down
12/22/2017 | Posted in Canadian Housing Market by Paul DeAdder
Canadian mall owners are adding condos and apartments to their shopping centers, seeking to capitalize on a supply-constrained housing market while reducing exposure to a ... More
Record October for new condo sales in GTA
11/25/2017 | Posted in Toronto Real Estate by Paul DeAdder
The Building Industry and Land Development Association says the GTA's supply of newly constructed condos last month hit its highest level since it began tracking that data ... More
Condo disputes can now be resolved online
11/8/2017 | Posted in Ontario Real Estate by Paul DeAdder
Ontario's new condo tribunal is accessible but will only mediate and adjudicate one kind of dispute to begin.
... MoreFuture of GTA property market is up in the air
8/7/2017 | Posted in GTA Real Estate by Paul DeAdder
Housing trends show clear evidence that the Places to Grow intensification policy introduced a decade ago has now come into full effect.
... 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
Ontario government considers review of preferential condo sales
6/28/2017 | Posted in Ontario News by Paul DeAdder
The Ontario government is considering a review of preferential sales practices for pre-construction condos as part of its wide-ranging reforms of the housing market.
... More5/16/2017 | Posted in Ontario Real Estate by Paul DeAdder
Toronto’s trying to make it more affordable to rent in one of the world’s hottest housing markets. New measures may have the opposite effect.
... More5 terms every condo investor needs to know
5/16/2017 | Posted in Real Estate Investments by Paul DeAdder
For new investors, it's easy to get overwhelmed by facts, figures, formulas, and different investment calculations. And, although many people are aware of condo investing ... More
GTA high rise sales surging year-to-date
3/27/2017 | Posted in GTA Real Estate by Paul DeAdder
Sales of new high rise homes in the Greater Toronto Area have surged in the first two months of this year according to latest data from Altus Group.
... MoreGTA condo market is undersupplied: CIBC
3/17/2017 | Posted in GTA Real Estate by Paul DeAdder
The commonly-held perception that there are too many condos for sale in the Greater Toronto Area has been challenged by CIBC’s Benjamin Tal.
... MoreGTA new condo sales broke records in 2016
2/16/2017 | Posted in GTA Real Estate by Paul DeAdder
There were 27,217 new condominium apartment sales in the Greater Toronto Area in 2016, a record 34 per cent increase compared to the year before, according to Urbanation ... More
Proposed changes to Condominium Act regs released
2/16/2017 | Posted in Ontario Real Estate by Paul DeAdder
A plain language summary of the first round of proposed changes to rules under the Condominium Act was posted yesterday on Ontario’s Regulatory ... More
Demand for downtown Toronto condos heats up
2/9/2017 | Posted in Toronto Real Estate by Paul DeAdder
Fervour is particularly strong in the Queen and King Street West areas – bidding wars can attract more than a dozen contenders.
... MoreToronto condo buyers feeling the squeeze
1/20/2017 | Posted in GTA Real Estate by Paul DeAdder
One of the big surprises of the resale market in 2016 in the Greater Toronto Area was the strength of the condo segment. The shortage of listings in the single-family home ... More
Toronto condo builders still can't keep pace with demand
11/25/2016 | Posted in Toronto Real Estate by Paul DeAdder
With Vancouver’s real estate market in retreat, industry pundits are wondering how long the Toronto market’s strength will perservere.
... MoreNew condo sales in Toronto soar 73 per cent
11/16/2016 | Posted in Toronto Real Estate by Paul DeAdder
There were a total of 6,677 new condominium apartments sold across the Greater Toronto Area (GTA) during the third quarter of this year, according to Urbanation Inc.’s ... More
Foreign buyers have limited power in GTA condo market as sales soar
10/28/2016 | Posted in GTA Real Estate by Paul DeAdder
Foreign buyers play a limited part in condo sales activity in the Greater Toronto Area but investors play a key role in the market according to a new report from ... More
Toronto condo sales rise but supply remains tight
10/25/2016 | Posted in Toronto Real Estate by Paul DeAdder
Sales of condos in the Greater Toronto area were up 22.1 per cent in the third quarter of 2016 compared to the same period of 2015 but the market remains constrained by tight ... More
Foreign investors home in on Toronto real estate after BC's tax measure, chart suggests
10/22/2016 | Posted in Toronto Real Estate by Paul DeAdder
Some observers have speculated that foreign investors will turn to Toronto’s real estate market after BC tacked a 15-per-cent tax on all non-residents ... More
GTA high-rise sales breaking records
10/21/2016 | Posted in GTA Real Estate by Paul DeAdder
Sales of high-rise homes in the GTA are set to break records in 2016 according to the Building Industry and Land Development Association (BILD).
... MoreHousing market correction or 'a whole lot of nothing'?
10/18/2016 | Posted in Toronto Real Estate by Paul DeAdder
As new mortgage rules come into effect that will limit the borrowing power of many buyers, there's uncertainty about the consequence this will have on Toronto's red-hot ... More
Where are the most expensive condominiums in downtown Toronto?
10/18/2016 | Posted in Toronto Real Estate by Paul DeAdder
According to the just-released results of a recent survey, major intersections play host to the costliest condominium units in downtown Toronto.
... MoreGTA on course for high-rise sales record
9/23/2016 | Posted in GTA Real Estate by Paul DeAdder
Sales of high-rise homes in the Greater Toronto Area are on course to hit a whole-year record in 2016 with year-to-date sales already the highest ever.
... MoreCondo supply slides to decade low
8/8/2016 | Posted in GTA Real Estate by Paul DeAdder
The supply of new condos in the Greater Toronto Area hit the lowest level since 2010 in the second quarter of 2016.
... MoreGTA condo sales overtake supply
7/4/2016 | Posted in GTA Real Estate by Paul DeAdder
Condominiums are becoming an increasingly important part of the GTA’s housing market mix as development in the region grows more intense. January to April 2016 saw 6,229 ... More