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Saturday , 23 July 2016
  • New home inventories plunge while prices soar in June

    New home inventories plunge while prices soar in June

    The price of a new low-rise home in the GTA in June was more than twice as much as it would have cost ten years ago, according to the Building Industry and Land Development Association (BILD). Back in 2006, that new home would have cost a buyer $393,398; today it has a price tag of $887,543. In just the last twelve months, BILD says, average prices for low-rise homes, including detached, semi-detached and townhomes, rose by more than $100,000. The vice president of Marketing and Communications for BILD, Michelle Noble, said prices had grown “exponentially as supply has dropped.” That supply is short, to say the least, especially for single detached homes. At the end of June there were just 1,002 detached homes available to buy; a decade ago, there were 10,823. Total low-rise inventory fell to a near-record low of 2,064 homes. Compared to a decade ago, when supply ... Read More »
  • Hardhat tours available at Tridel’s near-complete Atria condos in North York

    Hardhat tours available at Tridel’s near-complete Atria condos in North York

    Tridel is inviting interested homebuyers to book a hardhat tour of its best-selling condominium community, Atria. Atria is a master-planned community from Tridel Dorsay, conveniently located on Sheppard Avenue just east of highway 404 (the DVP) and north of the 401. There are four condominium buildings at Atria—Trio (23 storeys), Alto (43 storeys), Parkside (8 storeys) and Parfait (19 storeys). Two of them, Alto and Parkside at Atria, are under construction and getting close to move-in ready. The move-in date for Parkside is this year; move-in for Trio is spring 2017 and for Parfait 2019. Tridel has three decorator-designed model suites ready to view at Alto and Parkside at Atria. Note that this is not like viewing a model suite at a presentation centre, as good as that may be, or from a mere floor plan. This is the real thing. You can see the views from the windows as ... Read More »

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