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Wednesday , 29 March 2017

Monthly Archives: May 2012

Toronto led the country in housing price rises in April

Model suite at Tridel’s Two Old Mill condos. Condos remain the most affordable option for home ownership, from a cost standpoint.   The price of homes in Canada increased in April, with the biggest increase occurring in Toronto. The Canadian Real Estate Association’s MLS Home Price Index had an overall jump of 5.2 per cent compared to April 2011. In Toronto that jump was 7.9 per cent. The 5.2 per cent gain for the country as a whole is seen to be moderate, but CREA sees signs that home price trends are diverging, both by market and by home type. While Toronto, which at present is a sellers’ market because of ... Read More »

My Condo Story: Finding My True Love—Condo Style

By Citizen Journalist Andrea Ackerman I have a little secret. And, if you promise not to tell my fiancé, I’ll tell you the story about how I found my “Mr. Right” in my little condo village. I live in a delicious little condo, in the suburbs. I have reclaimed hard wood floors, two bedrooms, three levels, a washer/dryer, and a fully renovated kitchen. I even have my very own parking space, right outside my back stoop. If you reside in a large city, you know how special reserved parking is. If I had chosen to purchase a standalone home, I never would have been able to afford the amenities that ... Read More »

New alerts service could help find missing children

Tomorrow, May 25, is International Missing Children’s Day. Not a happy event, but important. To mark the day, a group called MissingKids.ca is launching a new notification service called MissingKidsALERT. The new system lets members of the public sign up to receive alerts when a child goes missing in a particular community. MissingKidsALERT is meant to complement the existing Amber Alert system already in place in most areas, but it can be more flexible in determining when an alert should be issued. It uses an individualized risk assessment to include cases that might not qualify under Amber Alert guidelines. This allows an alert to be issued when a rapid response ... Read More »

GTA housing market in good shape, but OECD pushing for interest rate hikes

The new home market in the GTA is healthy and stable, according to the Building Industry and Land Development Association (BILD), announcing home sales numbers for the month of April. The numbers are from RealNet Canada, BILD’s source of new home market intelligence. In April, 4,819 new homes were sold in the GTA. This number was down 8.5 per cent from a year ago, but 2011 was a record-breaking year for sales, so the drop is not unexpected. The drop was spread across both low-rise and high-construction. Total high-rise sales in the GTA were down 6.5 per cent while sales in the low-rise sector declined by 12 per cent.
 BILD ... Read More »

Single women comfortable with the security and convenience of condo living

Atria from Tridel has 1-bedroom + den suites from $291K. Single women are now purchasing more than one in five homes, and almost one in three of Toronto’s condos, according to recent statistics. All that buying clout is having an impact on what builders do. Jim Ritchie, Senior Vice President, Sales and Marketing, at Tridel, Canada’s biggest condo builder, says that female buyers of Tridel condos tend to buy after construction, but their tastes and preferences are definitely having an impact on the way condos look today, including security. Contributor Diane Plant is an experienced Toronto realtor and gives her views on what women want in real estate. Given the ... Read More »

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