toronto News and Articles | My Blog
These are some of the best cities for real estate investment in 2020
1/7/2020 | Posted in Real Estate Investments by Paul DeAdder
Toronto and Vancouver are among the prime cities for real estate investment.
... MoreWhat to know about the Liberals' new housing-incentive promise
9/16/2019 | Posted in Home Buyers by Paul DeAdder
In an election announcement on Thursday, Liberal Party Leader Justin Trudeau promised to turbocharge the First-Time Home Buyer Incentive (FTHBI) for Canadians who live in ... More
CRE activity in the GTA dropped 15% year-over-year in Q2
7/15/2019 | Posted in Commercial Real Estate by Paul DeAdder
Commercial real estate in the Greater Toronto Area saw a slower pace of activity in the second quarter of 2019 compared to a year earlier.
... MoreWhere to buy real estate in 2019: The Best Deals in Metro Toronto
6/6/2019 | Posted in Toronto Real Estate by Paul DeAdder
Due to strong economic fundamentals Toronto’s housing market remains expensive. That’s one reason why this year’s list is dominated by neighbourhoods ... More
Toronto's tech segment is a dominant commercial market force
5/17/2019 | Posted in Commercial Real Estate by Paul DeAdder
The technology sector has had a profound impact on commercial assets in Toronto’s 416 and 905 regions, according to a new study by Avison Young.
... MoreAspen Ridge unveils plan for 60-acre Toronto Crosstown
5/4/2019 | Posted in Toronto News by Paul DeAdder
It took more than a decade to acquire the land, but the developers of a massive proposed Crosstown mixed-use project on a 60-acre site at Toronto’s Eglinton Avenue East ... More
Toronto: Canada's tech hub is literally booming
3/7/2019 | Posted in Toronto News by Paul DeAdder
Toronto has broken into North America’s top-five cities for tech talent as the city undergoes an economic boom.
... MoreAmazon promises 600 tech jobs for Toronto
12/19/2018 | Posted in Toronto News by Paul DeAdder
Amazon.com Inc said on Tuesday it plans to create 600 new technology jobs in downtown Toronto following the opening of a new 113,000 square foot office in Scotia Plaza.
... More12/17/2018 | Posted in Canadian Economy and Housing Market by Paul DeAdder
The prospect of interest rate hikes is particularly daunting for residents of Toronto and Vancouver—two cities with debt levels well above the national average.
... MoreReal estate slowdown to cost Toronto nearly $100-million
12/12/2018 | Posted in Toronto News by Paul DeAdder
The City of Toronto's budget-balancing golden goose — the land transfer tax — is sick. For the first time since the tax on real estate exchanges was introduced ... More
Moving to Toronto suburbs rarely saves cash: CMHC
11/20/2018 | Posted in GTA Real Estate by Paul DeAdder
Fleeing Toronto for a cheaper house in the suburbs isn’t worth it for many people who have to commute to jobs back downtown.
... MoreLong-term demand for Toronto's rental market
11/16/2018 | Posted in Rental Market by Paul DeAdder
Immensely positive prospects for employment will fuel prolonged demand for rental residences in Toronto, according to a new analysis by Marcus & Millichap.
... MoreToronto freefalls from the top to near-bottom in global rankings
10/17/2018 | Posted in Toronto News by Paul DeAdder
Toronto has seen a dramatic fall from the top in a global ranking of the best performing residential housing markets.
... MoreToronto Condo Rents Hit a New Record
10/11/2018 | Posted in Toronto Real Estate by Paul DeAdder
Toronto condo rents jump 7.6% to $2,385 per month in third quarter.
... MoreHome sales over $4 million jump 34% in Toronto as luxury market 'runs full throttle'
9/28/2018 | Posted in Toronto Real Estate by Paul DeAdder
Sales for $1 million or more in the Toronto region bounced back after a slowdown earlier this year, climbing 19 per cent in July and August from the same period in 2017, ... More
Microsoft Announces New Canadian Headquarters In Downtown Toronto
9/21/2018 | Posted in Commercial Real Estate by Paul DeAdder
The company is planning more than $570 million in investment in Canada over the next three years.
... MoreWho Just Beat the Bay Area in Tech Jobs? Toronto
8/21/2018 | Posted in Toronto News by Paul DeAdder
Toronto’s tech scene is so hot the city created more jobs than the San Francisco Bay area, Seattle and Washington, D.C., combined last year, while ... More
Toronto Beats Silicon Valley In Tech Job Creation: CBRE
7/27/2018 | Posted in Toronto News by Paul DeAdder
Toronto has added the most technology jobs in the past five years and has the fourth best technology talent market in Canada and the U.S., according to a new report.
... MoreIndustrial sector reveals state of Toronto's economy
7/26/2018 | Posted in Commercial Real Estate by Paul DeAdder
Toronto’s industrial sector has a vacancy rate of 0.7%, according to Colliers International, bespeaking a thriving economy.
... MorePlanned 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
Toronto's Cost Of Living For Young People Soars By $400 A Month: Analysis
2/15/2018 | Posted in Toronto News by Paul DeAdder
If you're a young person living in Toronto, you'll need to have scored a raise of some $5,000 in the past year just to keep up with the rising cost of living.
... 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.
... MoreToronto market poised for a robust 2018
1/30/2018 | Posted in Toronto Real Estate by Paul DeAdder
The strength exhibited by the GTA real estate market in 2017 is poised to continue seamlessly into this year, according to the latest report from commercial real estate ... More
Toronto placed in US-dominated global CRE rankings
1/29/2018 | Posted in Commercial Real Estate by Paul DeAdder
As one of the cities still in the running to be home to Amazon’s HQ2, Toronto has made a top 30 ranking of global cities for commercial real estate investment.
... MoreHousing starts near 10-year high on Toronto condo boom
12/10/2017 | Posted in New Developments by Paul DeAdder
Canada Mortgage and Housing Corp. says the pace of housing starts picked up in November, with condo building in Toronto driving the trend.
... MoreToronto-area new housing starts drop 42 per cent in October
11/8/2017 | Posted in Ontario Real Estate by Paul DeAdder
Canada Mortgage and Housing Corp. said 2,438 new housing units were launched in the Greater Toronto Area in October, a 42-per-cent drop from 4,204 units in the same month last ... More
Toronto housing expected to cool further in 2018
10/19/2017 | Posted in Toronto Real Estate by Paul DeAdder
In its latest Metropolitan Outlook, The Conference Board of Canada noted that Toronto’s housing market will experience further cooling in 2018, after the moderation that ... More
Rental market set for turbulence
10/13/2017 | Posted in Rental Market by Paul DeAdder
Competition in Toronto's condo rental market has become so fierce that bidding wars are on the ...
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Among Canada's housing markets, Toronto remains the most 'puzzling'
10/10/2017 | Posted in Real Estate Market by Paul DeAdder
Conventional economic factors including population, incomes and borrowing costs accounted for less than half of the 40% surge in Toronto home prices between 2010 and 2016, ... More
Supply not the main factor in Toronto's housing woes: Commentary
8/15/2017 | Posted in Toronto Real Estate by Paul DeAdder
While various quarters have cited supply scarcity as a central driver in Toronto’s long-running housing affordability issues, latest census data actually belies that ... More
