Today I stopped by the Exploring KING exhibit that is currently on at 134 Peter Street. It is an exhibition celebrating the design of KING Toronto. It explains how the design came about. Note all the different unit layouts on the floor. It includes (foam)… Read More
All posts tagged “new construction”
Cost-plus pricing
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
The biggest challenge in revitalizing the Rust Belt
Jason Segedy, who is the Director of Planning and Urban Development for the city of Akron, Ohio, recently penned a two-part series in the American Conservative about urban revitalization in the Rust Belt. Part two is specifically about the importance of new housing in “cities left… Read More
You can now buy a new home, online
My friend Matthew Slutsky runs a company called BuzzBuzzHome that allows you to search for new construction homes. This week they launched a feature that allows you to put down a deposit on a new home – online – with your credit card. It’s live… Read More
One year of Inclusionary Housing in Portland
About a year ago, Portland enacted “Inclusionary Housing” policy requiring new apartment buildings of 20 units or more to offer up a portion of the units at below market rents. Developers are able to select from a few different options and the rents are calculated according… Read More
2017 was a record year for housing starts in Canada, but…
According to Bloomberg (using data from CMHC), 2017 was a surprising record year for housing starts in Canada: 219,675 units. This is the most since 2007 and is up from 197,916 units in 2016. The explanation: job growth (nearly 400,000 new jobs) and population growth… Read More
The year of the condo
Over the past 5 years or so, real estate headlines in the Greater Toronto Area have often focused on the rapid appreciation of low-rise housing. High-rise housing simply wasn’t appreciating at the same rate – at least in aggregate terms. But 2017 has brought a… Read More
What a “buy now” button will mean for the new construction real estate industry
https://500px.com/embed.js Recently it has been in the news that BuzzBuzzHome.com – the new construction real estate site – will be launching a “buy now” feature in the new year (2016). This will allow people to buy condos and homes online with their credit card, which means… Read More
America really is building very few condominiums
On my way back from Philadelphia this past weekend I wrote a post called, The Philadelphia (real estate) story. It was about how opposite the market is in Philly compared to Toronto. After writing that post and because of a discussion in the comment section,… Read More