10/18/2024 | Posted in Condos For Sale by Russell Pearsall
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New condo sales in the Greater Toronto and Hamilton Area are continuing to drop off, falling 81 per cent in the third quarter of 2024 compared to the same period last year, ... More

Real Estate & Mortgage News

  9/13/2024 | Posted in New Developments by Russell Pearsall
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The total value of building permits surged by 22.1% month-over-month to $12.39 billion in July 2024, far exceeding market expectations of a 2.5% increase, following an upwardly ... More

Real Estate & Mortgage News

  8/28/2024 | Posted in Canadian Housing Market by Russell Pearsall
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A home building industry association says new home sales in July were at an all-time low, and is calling on urgent action from the government.

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  7/18/2024 | Posted in Ontario Real Estate by Russell Pearsall
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New condominium sales plummeted to a 27-year-low during the first six months of 2024 as a “sharp downturn in construction starts” in Toronto continued to impact ... More

Real Estate & Mortgage News

  5/22/2024 | Posted in Canadian Housing Market by Russell Pearsall
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Interest rates for builders and buyers playing into slowdown, putting dozens of housing projects on pause.

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Real Estate & Mortgage News

  4/16/2024 | Posted in Canadian Housing Market by Russell Pearsall
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February.

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Real Estate & Mortgage News

  4/11/2024 | Posted in Government and Regulation by Russell Pearsall
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Some advocates are praising Ottawa’s move to lengthen the amortization period on insured mortgages for certain homebuyers, but say expanding the policy to all Canadians ... More

Real Estate & Mortgage News

  4/4/2024 | Posted in Canadian Housing Market by Russell Pearsall
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Canadian homebuilders are expected to dial back new construction for a third straight year in 2024 as elevated borrowing costs reduce the appeal of starting projects, ... More

Real Estate & Mortgage News

  4/2/2024 | Posted in Government and Regulation by Russell Pearsall
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Prime Minister Justin Trudeau is pressuring Canada’s provinces to remove barriers to building more housing, including requiring them to freeze municipal development ... More

Real Estate & Mortgage News

  3/18/2024 | Posted in Canadian Housing Market by Russell Pearsall
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Canada Mortgage and Housing Corporation (CMHC) has reported an increase in the pace of home construction across the country.

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  3/11/2024 | Posted in Commercial Real Estate by Russell Pearsall
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The Greater Toronto Area (GTA) condominium market has softened considerably since April 2022, especially during the past six months.

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Real Estate & Mortgage News

  8/18/2023 | Posted in New Developments by Russell Pearsall
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Many Canadian homebuyers waiting patiently for construction to finish on their pre-sale unit are being met with cancellation notices from developers. The building environment ... More

Real Estate & Mortgage News

  4/13/2020 | Posted in Commercial Real Estate by Russell Pearsall
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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

Real Estate & Mortgage News

  2/10/2020 | Posted in Canadian Housing Market by Russell Pearsall
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The national trend in housing starts essentially held steady in January.

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Real Estate & Mortgage News

  1/10/2020 | Posted in Canadian Housing Market by Russell Pearsall
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There was a decline in the 6-month moving trend in Canadian housing starts in December.

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Real Estate & Mortgage News

  1/7/2020 | Posted in New Developments by Russell Pearsall
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There was strong demand for newly built homes in the Greater Toronto Area in November, the latest month of data released by Altus Group.

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Real Estate & Mortgage News

  1/3/2020 | Posted in Home Buyers by Russell Pearsall
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Have you decided to purchase a new condo? Consider these things to ensure you understand your rights as a new home buyer.

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Real Estate & Mortgage News

  11/5/2019 | Posted in New Developments by Russell Pearsall
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New single-family home sales in the Greater Toronto Area increase a whopping 283%

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Real Estate & Mortgage News

  7/11/2019 | Posted in Canadian Housing Market by Russell Pearsall
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Canadian housing starts trended higher in June, primarily due to higher trending row and apartment starts, in urban areas.

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Real Estate & Mortgage News

  6/27/2019 | Posted in New Developments by Russell Pearsall
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There was strong activity in the Greater Toronto Area’s new homes market in May: 4,794 new homes were sold in the month, up 94% ... More

Real Estate & Mortgage News

  6/6/2019 | Posted in GTA Real Estate by Russell Pearsall
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There was some better news for the new homes market in the Greater Toronto Area in April as sales jumped 123% year-over-year.

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Real Estate & Mortgage News

  5/3/2019 | Posted in GTA Real Estate by Russell Pearsall
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A report issued yesterday by market analysis experts Urbanation shows a continued decline in Greater Toronto Area (GTA) new development launches and sales, occurring at the ... More

Real Estate & Mortgage News

  4/22/2019 | Posted in Toronto Real Estate by Russell Pearsall
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Toronto’s construction industry may have just averted a calamity.

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Real Estate & Mortgage News

  4/16/2019 | Posted in Toronto Real Estate by Russell Pearsall
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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

Real Estate & Mortgage News

  2/27/2019 | Posted in GTA Real Estate by Russell Pearsall
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BILD announced earlier this week that GTA new home sales volume increased by 14% annually in January, reaching 1,362 transactions.

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Real Estate & Mortgage News

  2/4/2019 | Posted in GTA Real Estate by Russell Pearsall
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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.

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Real Estate & Mortgage News

  1/17/2019 | Posted in Canadian Housing Market by Russell Pearsall
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In the not so distant past, Canadian contractors were building more single-family homes than multi-family homes, such as condo apartments.

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Real Estate & Mortgage News

  11/28/2018 | Posted in GTA Real Estate by Russell Pearsall
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October brought some positives for the new homes market in the Greater Toronto Area with sales and openings gaining.

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Real Estate & Mortgage News

  11/14/2018 | Posted in GTA Real Estate by Russell Pearsall
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Condo affordability is fuelling the rise of vertical growth, with resale condominium apartments and townhomes in the Greater Toronto Area (GTA) now representing almost 37 per ... More

Real Estate & Mortgage News

  11/13/2018 | Posted in New Developments by Russell Pearsall
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The increase came as the annual pace of urban starts climbed by 8.6 per cent in October to 191,964 units.

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Real Estate & Mortgage News
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