New Construction Blog : Townhomes & Condo New The Latest, Top Articles in Canada
Get the most-recent condo news and real estate trends to hit Canada’s housing industry… all in one spot.
If you want to put your condo for rent in Toronto, here are some of the best places to list it, along with why they are effective for maximizing visibility and attracting potential tenants: 1. MLS (Multiple Listing Service) •Why: MLS is the primary real estate database used by agents across Canada. It syndicates listings […]
The current real estate market in Toronto shows a mixed picture, with some trends favoring both buyers and sellers. Here are the key points: 1. Price Trends: As of mid-2024, the average home price in Toronto is around $1.19 million, with a 3.6% increase month-over-month but a slight decrease of 0.3% year-over-year . Some areas […]
“Owning a home is a keystone of wealth—both financial affluence and emotional security.” ~ Suze Orman Prime Minister Justin Trudeau and his Liberal government’s federal budget has unveiled significant changes and proposals, especially for pre-construction homes and the housing sector in general. With the unveiling of the $480.5 billion federal budget for 2024, housing has […]
Investors seeking commercial real estate rental properties with healthy cash flows have several methods for evaluating market opportunities. One of the simplest, back-of-the-envelope calculations is the cap rate. Although it is not the only metric to consider before committing to a transaction, it remains a valued tool in every investor’s due diligence toolkit. Cap Rate: […]
Toronto rental rates are projected to drop in the coming months, leaving landlords feeling the pressure. As we dive into the annual pre-rental season update, the data points towards a decrease in rental rates as we enter the spring and summer season. A combination of factors, including reduced population growth, excess supply, and challenging economic […]
The GTA condo market is a complex and ever-changing landscape that requires careful analysis to navigate successfully. Whether you’re a buyer or seller, understanding the current trends, prices, and insights is crucial to making informed decisions. In this post, we’ll take a closer look at the GTA condo market, examining prices, trends, and what it […]
Many people aspire to buy buying pre-construction homes in Canada for various reasons. Some want to benefit from rising property values. Some look forward to a chance to customize their dream homes from the ground up. However, such endeavors are fraught with unique legal challenges. What if construction delays happen? What if some unexpected costs […]
Toronto’s condo market is experiencing a significant slowdown, with sales plummeting to levels not seen since the global financial crisis. The latest report from Urban Nation reveals a gloomy picture for pre-construction sales, with projects only 50% pre-sold on average, down from 61% a year ago and 85% two years earlier. As a result, more […]
Are you considering moving to Canada? You just need to look in Oakville, Ontario. This little town provides a seductive fusion of suburban peace, metropolitan convenience, and magnificent natural beauty. It is located along the beaches of Lake Ontario. Beyond its picturesque surroundings, Oakville is a great place to raise a family or create a […]
Are you looking forward to purchasing a condo in Canada? If yes, then there are a few things you should know! The mortgage rate in Canada has a direct influence on condo rates. Mortgage interest rates completely impact the whole housing market. Understanding this and how prices act will help you get the best deal […]
Dreaming of purchasing your own condo in Canada? A pre-construction condo in the neighborhood of your choice (a vibrant city or suburbs) is an exciting option. But before you finalize the deal, do not forget to research the closing costs – all the additional expenses you will have to bear on top of your dream […]
Understanding the process of buying a new condo in Ontario When it comes to buying a new condo in Ontario, there is a defined process that potential buyers must go through. It starts with researching the market and identifying the right project that suits your needs. Once you have found a condo that you are […]
