8/8/2018 | Posted in Canadian Housing Market by Ron Hyde
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The value of Canadian building permits unexpectedly dropped by 2.3 percent in June from May on weakness in the residential sector, Statistics Canada data indicated on Wednesday. ... More

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  7/10/2018 | Posted in Canadian Housing Market by Ron Hyde
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Canadian housing starts surged in June to one of the highest levels over the past decade, driven by new condominium developments in Toronto that reached a 30-year high for the ... More

Real Estate & Mortgage News

  6/22/2018 | Posted in Toronto Real Estate by Ron Hyde
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Sales of newly-built condos in the Greater Toronto Area totalled 2,003 in May, accounting for the bulk of the 2,345 total new home sales. ... More

Real Estate & Mortgage News

  6/8/2018 | Posted in Canadian Housing Market by Ron Hyde
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The trend in housing starts was 216,362 units in May 2018, compared to 225,481 units in April 2018, according to Canada Mortgage and Housing Corporation (CMHC). ... More

Real Estate & Mortgage News

  5/8/2018 | Posted in Canadian Housing Market by Ron Hyde
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The trend in housing starts was 225,696 units in April 2018, compared to 226,942 units in March 2018, according to Canada Mortgage and Housing Corporation (CMHC). This trend ... More

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  5/1/2018 | Posted in GTA Real Estate by Ron Hyde
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Doug Ford says he would open up the protected Greenbelt around the Toronto area for some development if elected premier this spring. ... More

Real Estate & Mortgage News

  2/8/2018 | Posted in Real Estate Market by Ron Hyde
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New Canadian home prices stalled for the first time in almost three years, another signal that the boom in Toronto has been slowed by higher interest rates and tougher rules for ... More

Real Estate & Mortgage News

  1/9/2018 | Posted in Canadian Housing Market by Ron Hyde
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The trend in housing starts was 226,777 units in December 2017, compared to 226,178 units in November 2017, according to Canada Mortgage and Housing Corporation (CMHC). This trend ... More

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  1/3/2018 | Posted in GTA Real Estate by Ron Hyde
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There was a slowdown in new home sales in the Greater Toronto Area in November with sales of new single-family homes falling to a record low. ... More

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  12/10/2017 | Posted in New Developments by Ron Hyde
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Canada Mortgage and Housing Corp. says the pace of housing starts picked up in November, with condo building in Toronto driving the trend.   ... More

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  11/8/2017 | Posted in Ontario Real Estate by Ron Hyde
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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

Real Estate & Mortgage News

  10/31/2017 | Posted in Real Estate News by Ron Hyde
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Ontario and B.C.'s finance ministers say they are open to the idea of a registry of pre- construction condominium sales as the Canada Revenue Agency ramps up efforts to find ... More

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  10/30/2017 | Posted in GTA Real Estate by Ron Hyde
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Sales of new homes were down 48% in the Greater Toronto Area compared to a year earlier as low- and high- rise sectors saw large declines. ... More

Real Estate & Mortgage News

  9/11/2017 | Posted in Real Estate News by Ron Hyde
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in August increased compared with July ... More

Real Estate & Mortgage News

  8/25/2017 | Posted in GTA Real Estate by Ron Hyde
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Despite a dramatic year-over-year drop in sales volumes of newly constructed home in July, prices in the Toronto region rose, with the industry association saying it expects a ... More

Real Estate & Mortgage News

  8/10/2017 | Posted in New Developments by Ron Hyde
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The federal housing agency says home construction picked up last month. The annual pace of urban home construction increased by 5.5 per cent to 206,122 units, driven by a ... More

Real Estate & Mortgage News

  7/11/2017 | Posted in Real Estate Market by Ron Hyde
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in Canada picked up in June. ... More

Real Estate & Mortgage News

  6/27/2017 | Posted in GTA Real Estate by Ron Hyde
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The market for newly-built low-rise homes in the Greater Toronto Area collapsed in May compared to a year earlier. ... More

Real Estate & Mortgage News

  5/23/2017 | Posted in GTA Real Estate by Ron Hyde
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Sales of new homes in the Greater Toronto Area gained 24 per cent year-over-year in the first four months of 2017 as the number of high-rise sales surged. ... More

Real Estate & Mortgage News

  5/9/2017 | Posted in Real Estate Market by Ron Hyde
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The 6-month trend of Canadian housing starts was up in April, reaching 213,768 units compared to 210,702 in March. ... More

Real Estate & Mortgage News

  4/10/2017 | Posted in Real Estate News by Ron Hyde
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The annual pace of housing starts increased more than expected in March and hit their highest level since September 2007. The Canada Mortgage ... More

Real Estate & Mortgage News

  3/8/2017 | Posted in Real Estate News by Ron Hyde
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The pace of home construction in Canada picked up last month and a lot of the push came from Ontario, the federal housing agency said Wednesday, offering the latest evidence that ... More

Real Estate & Mortgage News

  2/16/2017 | Posted in GTA Real Estate by Ron Hyde
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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

Real Estate & Mortgage News

  2/12/2017 | Posted in Real Estate News by Ron Hyde
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Canadian housing starts unexpectedly rose in January as Ontario saw a strong increase on ground breaking of new homes, suggesting home construction got off to a ... More

Real Estate & Mortgage News

  1/10/2017 | Posted in New Developments by Ron Hyde
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Canada Mortgage and Housing Corp. says the seasonally adjusted annual pace of housing starts in December came in at 207,041 units, up from 187,273 in November. ... More

Real Estate & Mortgage News

  11/23/2016 | Posted in GTA Real Estate by Ron Hyde
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The Greater Toronto Area saw a slight increase in the supply and mix of new homes in October while average prices declined slightly, the Building Industry and Land Development ... More

Real Estate & Mortgage News

  11/16/2016 | Posted in Toronto Real Estate by Ron Hyde
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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

Real Estate & Mortgage News

  11/10/2016 | Posted in Ontario Real Estate by Ron Hyde
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Toronto’s hot housing market is driving residents to seek more affordable options outside Canada’s largest city, pushing demand for new properties to new highs in ... More

Real Estate & Mortgage News

  11/8/2016 | Posted in Real Estate News by Ron Hyde
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Canada Mortgage and Housing Corp. says the pace of housing starts in October slowed compared with September. ... More

Real Estate & Mortgage News

  10/28/2016 | Posted in GTA Real Estate by Ron Hyde
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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 Urbanation. ... More

Real Estate & Mortgage News