“On some level, we’re [Toronto] still trying to be a Victorian city.” —Peter Clewes It is not an exaggeration to say that Peter Clewes, of architects-Alliance, is one of the most important architects working in Toronto today. Over the last two decades, Toronto has built… Read More
All posts tagged “toronto condo market”
Toronto’s condo market in 2021
“If everyone is going left, look right.” –Sam Zell The right time to buy things is usually when other’s aren’t, which is why I’ve felt that this year was a great time to buy a centrally located condo. Cities aren’t going anywhere. This isn’t their… Read More
Site Magazine: Why have Toronto condos become so %@$#$! expensive?
Every year my friends at Urban Capital publish an annual magazine called Site. And every year it contains some great articles about the real estate development industry across Canada. (Some of you may also remember that I’ve written a few articles for it in previous… Read More
Urbanation releases Q3-2020 market update — new condo sales reach record high
Urbanation just released its Q3-2020 market update for the Greater Toronto Area and the data is very encouraging for the new condo market. Here are some of the highlights: There were 6,730 new condominium unit sales in Q3. This represents a 30% year-over-year increase. More… Read More
Toronto condo market outlook
BNN Bloomberg just published this article on the Toronto condo market. It is based on a roundtable discussion that was held at their Toronto office last week with Jim Ritchie of Tridel, Jared Menkes of Menkes Developments, Shamez Virani of CentreCourt, and Jane Renwick of… Read More
Average price of a new condo in Toronto is now above $1,000 psf
Urbanation released its Q3-2018 condo market results for the Greater Toronto Area earlier this month. Here are a few highlights: – The unsold inventory of new condos in development is currently 33% below the 10-year average of 14,806 units. – Year-to-date sales of new condominiums… Read More