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  • March 19, 2017
  • condo apartments, condo market, housing market

GTA condo market is undersupplied says CIBC

By Steve Randall | this page was last updated on the 17 Mar 2017 The commonly-held perception that there are too many condos for sale in the Greater Toronto Area has been challenged by CIBC’s Benjamin Tal. The lender’s deputy chief economist says that the market is actually undersupplied, acknowledging a record year for condo […]

  • February 2, 2017
  • condo market

Toronto condo sales push to records as buyers get squeezed out of the low-rise market: report

Republish Reprint Garry Marr | February 1, 2017 | Last Updated: Feb 1 4:06 PM ET More from Garry Marr | @DustyWallet Tyler Anderson/National Post   Priced out of detached houses and other low-rise products, Toronto buyers poured into condominiums units last year to create a 10-year low in inventory, according to a report out […]

  • January 13, 2017
  • M-City Condos, Mississauga

Rogers family moves into real estate with 10-condo Mississauga project

“The ambitious project, involving 10 condo towers on a 15-acre site, marks a departure for the Rogers from their telecommunications roots” Mississauga’s growing downtown core is about to get a lot busier. This week, Rogers Real Estate Development Ltd.—a private company owned by the Rogers family and held separately from Rogers Communications (which owns Canadian Business)—announced […]

  • October 18, 2016
  • new mortgage rules, rent

New mortgage rules mean raising babies in apartments, financial planner says

Shannon Lee Simmons says millennials may have to put off dreams of home ownership for now By Muriel Draaisma, CBC News Posted: Oct 17, 2016 3:24 PM ET Last Updated: Oct 17, 2016 3:43 PM ET Shannon Lee Simmons, certified financial planner, says new mortgage rules that took effect on Monday mean millennials will be raising […]

  • October 10, 2016
  • housing market, mortgage rules

Hot Toronto real estate market means paying more, new mortgage rules could give you less buying power

In this hot Toronto real estate market where every penny counts, some buyers could find themselves with less borrowing power because of new mortgage rules set to take effect within two weeks. Ottawa tightens mortgage requirements Want a detached house in Toronto? You need $1.29M As of Oct. 17, more mortgage applications will undergo a “stress […]

  • August 15, 2016
  • GTA housing, new homes price

Lack of supply driving GTA house price surge, studies say

Toronto is in the midst of a housing heat wave, with sales activity and prices both breaking new records in July. But one thing that seems capable of putting the brakes on the market is what the Toronto Real Estate Board has called the “troubling trend” of a shrinking supply of homes for sale, particularly […]