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.
491 Glengarry Avenue is a four bedroom, 7 bathroom home in the Bedford Park neighborhood of Toronto. It’s currently listed for $2,695,000.
The Toronto condo market failed to beat inflation in one neighborhood. This brings mounting concerns that a bubble could be near.
8 Forest Heights Blvd is new construction in the St-Andrew-Windfields neighborhood (that’s up by York Mills for you downtown folks). It’s currently listed with Nancy Saedi for $5,880,000. The Details Price aside, this 5 bedroom, 8 bathroom is pretty slick. Massive windows with automated blinds, glass walls and rails give it an airy and super modern feel. The […]