This morning BILD and Altus Group released their January 2019 new home sales figures for the Greater Toronto Area. Here are the highlights: 1,362 new homes sold in January 2019 across the GTA. This is up 14% compared to last January. Of these, 942 (~69%)… Read More
All posts tagged “new home market”
Only 2 new single-family homes sold in Toronto last month
Altus Group just released its January (2018) sales figures for the new home market in the Greater Toronto Area. – 1,251 new homes sold last month. 886 of these (or 70.8%) were condominium apartments (everything from stacked townhouses to high-rises). – This is down from… 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
Why multi-family developers are shifting their customer focus
One aspect of the Toronto housing market that I’ve been paying close attention to is the adoption of multi-family dwellings by both long-term end-users and families. I’ve written about this before (here and here, over a year ago) and have argued that here in Toronto we… 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