Toronto real estate is been plagued by a chronic shortage of supply… or is it? Recently we’ve been asked by a number of investors and developers whether they’ll be able to profitably create more supply in the Greater Toronto Area (GTA). That’s a tough question, and we’ll get to that on another day. In order […]
Toronto real estate prices are being pushed higher by supply… to an extent. Let’s get you started with a 10,000 ft view of the numbers.
Vancouver is seeing new construction prices fly to new highs, posting the second largest annual gain for the month of July.
New construction prices are dropping fast. Numbers from the Canada Housing and Mortgage Corporation (CMHC) show that new construction sale prices in Toronto have declined by various measures. Interesting enough, sales in July 2017 haven’t actually slowed down. Source: CMHC. Median Price of New Construction In Toronto Declines Over 20% The median price of new […]
Numbers from Statistics Canada claim it was more expensive to buy Vancouver real estate in 2008 than it is today. Here’s why that’s wrong.
The gap between new home prices in Canada and the US is growing, with Canadian homes now more than 50% more expensive.
Soaring prices for Toronto’s detached homes are often attributed to the decline of detached units, but apparently that’s just a myth.
The rush to cash in on Vancouver’s premium land values had led to a 45 year high for new construction starts in the city.
Canadian real estate set another record, building starts. Can population growth keep up with the multi-year high for new construction?
Toronto real estate prices have been climbing, but it has more to do with an artificial shortage created by speculators than under building.