GREATER TORONTO – Despite a slowing of rental activity across the GTA, the area’s average condo rent shot up by 11.7 per cent (year-over-year) during the last three months of 2016 – marking the highest rate of increase since the analysts at Urbanation began tracking condo rents in 2011. The GTA’s average condo rent amount […]
CMHC Reports Drop in Foreign-Owned GTA Condos
TORONTO – Although 2016 found the GTA under the microscope for its sky-high real estate prices, new numbers from the Canada Mortgage and Housing Corporation (CMHC) have indicated that foreign ownership of condos may not be a major contributor to “seller’s market” conditions. Based on vacancy research conducted in October and November, the Corporation’s newest […]
GTA Condos 3.3% Foreign-Owned: CMHC
Newly completed condos in city core most popular among foreign buyers GREATER TORONTO – Looking to buy a GTA condo this year? You’re definitely not alone, but according to newly-released statistics, the majority of your competition will likely be Canadian residents. In Greater Toronto, investments made by foreign buyers have long been perceived as a […]
Markham Centre Selected for York Region’s First University Campus
York University expansion will provide convenient post-secondary option for regional youth MARKHAM – Already enjoying a reputation as one of York Region’s most contemporary and exciting communities, Markham Centre – an area we previously featured in our Neighbourhood Profile series – will soon also be home to the region’s first university campus. York University’s decision […]
CMHC sheds new light on Canadian condo ownership
TORONTO – When looking at condominium communities in Toronto and other major Canadian real estate markets – especially high-rise towers – it’s natural to wonder how many units are rented out by investors, and how many are lived in by their owners. Thanks to a special “Feature on Condominiums” in the Canadian Mortgage and Housing […]
Neighbourhood Profile: Northeast Mimico and Humber Bay Village
ETOBICOKE REAL ESTATE – With its rich history, distinct character, and exceptional waterfront location just a short distance west of downtown Toronto, Mimico is home to many of the GTA’s most sought-after lakeside properties. To celebrate the recent launch of Living Realty’s New Home Projects index, this month we decided to feature one of Toronto’s […]
GTA low-rise home market shows strong value, plenty of buying activity in April: TREB
MARKHAM – Persisting winter weather through the early weeks of April wasn’t enough to dampen the spring real estate market in the GTA’s “905” region, where detached home sales increased by 2.5 per cent year over year during the month according to the Toronto Real Estate Board’s latest Market Watch. The 905 area includes Markham, […]
Toronto Condo Project Spotlight: Harbour Plaza
Location, Convenience, and Comfort in the Heart of Toronto’s Waterfront TORONTO REAL ESTATE – At our New Home Expo back in February, Menkes Developments was certainly one of the most popular booths – featuring an array of stunning downtown condo projects that included Fabrik, Noir and 365 Church. This week, we were thrilled to receive […]
CMHC Predicts “Modest Growth” for Ontario Housing Market in 2014
GTA REAL ESTATE MARKET – The Canadian Mortgage and Housing Cooperation (CMHC)’s Housing Market Outlook for the first quarter of 2013 featured some predictions for the Canadian real estate market, including the market right here in Ontario. CMHC predicts that over the next two years, Ontario will experience employment growth mirroring that in the US […]
New Home Expo 2013 Covered in Fortune Weekly and Realty Weekly
MARKHAM – Our 2013 New Home Expo on February 28th made a big splash in GTA real estate media – our successful dinner has been featured in two more of our favourite Chinese language publications! Big thanks to Fortune Weekly and Realty Weekly for the awesome event coverage. Fortune Weekly Fortune Weekly is one of […]