February 2020 - Posts
Introduction Last year was nearly unprecedented for the Canadian commercial real estate industry. Canada outperformed its G7 peers riding on the strength of its welcoming immigration policies, attractive labour pool and stable operating environment. In
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If you’re the type of person who loves vaping indoors and engulfing your apartment balcony in festive lights, condo living might give you a culture shock. With the price of detached homes so incredibly high, condominiums are an attractive prospect
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Across downtown Toronto and beyond, there are remnants of history all throughout. Whether it’s a warehouse converted into lofts, or an old building torn down and replaced, the old makes way for the new one way or another. Some historic buildings
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It was a great, though not quite record-breaking year for the GTA new condo market. There were 25,097 new condo units sold across the region in 2019, the third highest annual total on record, according to data released this week by housing data consultants
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The Toronto region housing market is getting tighter as homebuyer demand ramps up and supply continues to slip. These conditions, which emerged last year following a months-long slump, have kept up into the new year and are now pushing prices up at the
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The number of people boarding GO trains and buses in Kitchener has jumped 40 per cent between April and December of 2019, a new report from Metrolinx says. In a blog post, Metrolinx says there has been record-breaking ridership numbers for GO Transit.
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The lion’s share of Canadian population growth last year was just in three markets: Toronto, Montreal, and Vancouver. Recent data from Statistics Canada showed that the total urban population increase nationwide was 463,424. Toronto had the largest
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OTTAWA - The Canadian Real Estate Association says home sales rose 11.5 per cent in January compared with a year earlier to reach the highest sales figures for the month in 12 years, even as new listings remain constrained. The association says seasonally-adjusted
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Higher rent growth in primary rental market Rent growth, GTA Above Average Rent Growth in KCW, Ottawa, Windsor & Northern Ontario Common Sample 2-bed apt rent – % chg. Turnover rates lower in most markets Turnover rate (%) Vacant unit rents
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TORONTO, Sept. 13, 2019 /CNW/ – Cadillac Fairview and First Gulf are pleased to announce that Cadillac Fairview has entered into an unconditional purchase agreement with First Gulf and its partners to acquire 100 per cent ownership of Toronto’s
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According to the January National Rent Report from Rentals.ca and Bullpen Research & Consulting, the average monthly asking rent for Canada rose 4.3 per cent year over year at the end of December. Toronto, Montréal and Vancouver experienced
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The Greater Toronto condo market saw a small spike in buying activity last month. Toronto Real Estate Board (TREB) data shows condo apartment sales increased in December. The rise in sales was accompanied by very few new listings, helping to send prices
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Not a lot of real estate buyers across Canada are interested in the latest government buying scheme. Government of Canada (GoC) data shows the First-Time Home Buyer Incentive (FTHBI) received a cold reception. From the launch of the program, to the beginning
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2019 was a record year for new condo sales in the Greater Toronto Area (GTA), growing 27% to an impressive total of 25,097 units sold, the third-highest year on record, according to Urbanation Inc.’s year-end condominium market report. The report,
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