Today, Urbanation released its Q4-2018 market highlights report for the Greater Toronto Area. The general media will pick up these numbers and tell you that there’s been a precipitous decline in the number of new condominium sales. But the reality is that 20,028 units were… Read More
This morning I went through some of the floor plans for King Toronto, which are now up on BuzzBuzzHome. In case you’re wondering, they are currently showing an average price of $1604 per square foot. Here is a 1 bedroom + atelier: And here is… Read More
John Lorinc has a piece in the Autumn 2018 issue of University of Toronto Magazine that is worth a read. It covers families in Toronto being priced out of the low-rise housing market and/or making the conscious decision to live in an apartment or condo.… Read More
Yesterday Urbanation released its Q2-2018 rental report for the Greater Toronto Area. It tracks both purpose-built rentals and condominium rentals, the latter being condominium units that are listed for rent on MLS. The average condo rent, for all unit types across the GTA, is up 11.2%… Read More
I saw in the news recently that Hong Kong just set a new world record for the most expensive parking spot. I think it also held the previous record. Last month somebody paid HKD 6 million for a single stall in the Ultima apartment complex… Read More
Now that things have quieted down from last night, I would like to say that we are thrilled by the response to One Delisle and the broader ideas for the block. There was a lot of positivity last night at the open house and today… Read More
Tishman Speyer just unveiled a new condo project in Brooklyn called 11 Hoyt. And it just so happens to be Studio Gang’s first residential project in New York City. Preview above. More renderings over here. It’s a 51 storey condominium with 480 residences and 55,000… Read More
A friend of mine sent me this article earlier today with a sarcastic comment about the relationship between housing supply and rents. The article talks about how rents in almost every Manhattan neighborhood have fallen compared to a year ago because of a flood of… Read More
The Ryerson City Building Institute and Urbanation recently published a terrific report called: Bedrooms in the Sky. Is Toronto Building the Right Condo Supply? Here is a quick synopsis: The 35-44 year old age bracket in this city will see significant growth over the next… Read More
I’m in Philly right now for a good friend’s wedding. I always feel nostalgic when I come back to this city. Some of my most memorable years were spent here. I grew a lot in those 3 years. I also think that Philly is a… Read More
