The City of Toronto is unveiling a broad, ambitious 10 year plan to address the major issues of homelessness, housing stress, and a lack of affordable housing options for tens of thousands of City residents. The plan seeks to pool tog …
Read More »The City of Toronto is unveiling a broad, ambitious 10 year plan to address the major issues of homelessness, housing stress, and a lack of affordable housing options for tens of thousands of City residents. The plan seeks to pool tog …
Read More »Out country has had an interesting history of immigration stretching back hundreds of years. Throughout the late 19th century, immigration was modest compared to modern levels. Annual immigration averaged roughly 25-50,000, topping …
Read More »Real estate is red hot in the GTA again. The stagnant market conditions with meager gains in price and demand momentum has now been replaced with surging prices, demand, and overall momentum. Tembo has already noted that the psycholog …
Read More »It’s striking to see the shift in the media’s tone on real estate over the last few months. The positivity started in earnest in late June and early July, and began to pick up as the summer ended and the school year began. …
Read More »The good news we’ve been writing about haven’t been limited to real estate in Toronto, southern Ontario, and the GTA, it’s spreading across the country. The national real estate benchmark, which outlines real estate …
Read More »Just look at these numbers, a 4.4% increase in prices from June figures, sales up over 24% from July 2018, and overall sale prices up 3.2% from July of 2018. The average Toronto home sold for just over $806K. The number of properties …
Read More »A few generations ago in the halcyon golden age of 1950s prosperity in Toronto, family homes were incredibly cheap. With newfound post-war home loans for returning GIs, abundant land for development, and a rip-roaring economy, young c …
Read More »There’s a very big real estate story that isn’t getting much widespread coverage in the community. When federal regulators announced the unveiling of tighter rules on uninsured mortgages and mortgages with down payments of …
Read More »Toronto had its best June for real estate in over 2 years. With over 8,800 units sold, we beat our 2018 and 2017 figures. Only in 2016 was the number of sales around this time of year higher. Also recall that 2017 was a blockbuster ye …
Read More »Oxford Properties, the real estate arm of OMERS, the pension plan for Ontario’s municipal workers, has signaled its intention to build a $3.5 billion mixed use project just north of the Rogers Centre and CN Tower. The proposed d …
Read More »The latest stats are out and they’re very good for Toronto real estate. Sales last month rose by 19% from May 2018 figures. The number of transactions almost hit 9,900 and are approaching more robust historical averages. Home pr …
Read More »Planning law and regulation in Toronto and the province is complicated, cumbersome, and difficult to understand. It is overwhelmingly written by Queen’s Park, given the Constitutional arrangements in Canada which afford province …
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