Canada's Condominium Magazine

Monthly Archives: August 2012

Lack of supply holding down GTA low-rise sales: BILD

Lack of supply holding down GTA low-rise sales: BILD

GTA home buyers bought a total of 2,266 new homes and condominiums in July. The number of new condominiums purchased, 1,415, was “slightly” more than the long-term average for the month of July, according to RealNet Canada, the housing market research arm of the Building Industry and Land Development Association (BILD). July’s high-rise sales were… Continue Reading

Judge stops short of ultimate punishment for woman who assaulted condo neighbours

Judge stops short of ultimate punishment for woman who assaulted condo neighbours

To some observers, it might seem a cut and dried case: a woman assaulted several of her neighbours, both verbally and physically and made threats against them in the most offensive language. The aggressive behaviour went on for a long period of time and the woman showed no remorse. That woman, obviously, should be held… Continue Reading

Canada’s national home market balanced, stable in July, according to CREA

Canada’s national home market balanced, stable in July, according to CREA

Canada’s national housing market remains “firmly entrenched in balanced market territory” according to the latest release from the Canadian Real Estate Association (CREA), and there was “little change” in home sales activity from June to July.   A balanced market is one in which the inventory (supply) of available homes for sale stands at five–six… Continue Reading

Other Popular Stories

What to do Victoria Day weekend: the most fun for the lowest cost in the Greater Toronto Area

What to do Victoria Day weekend: the most fun for the lowest cost in the Greater Toronto Area

  We’ve all been waiting for that first big, warm weekend of the year — Victorial Day. Schools are closed, and many people have extra time off work, and we’re primed and ready to go after all the rain and cool weather this spring. With summer beginning, and a long, celebratory weekend ahead, it is the…

Sellers rushing to cash out? Listings up 32% April while prices increased Nationally an average of 10 % over the last year

Sellers rushing to cash out? Listings up 32% April while prices increased Nationally an average of 10 % over the last year

The impact of the Ontario Government “Fair Housing” rules is starting to be felt, manifesting in the move of some sellers to list their properties – likely to “beat” the  anticipated moderation of prices. Based on Vancouver’s experience with similar rules, economists aren’t expecting a major cool down, and almost certainly a short one.  …

Condo Community Alliance: building a network to keep your family and neighbours happy and safe

Condo Community Alliance: building a network to keep your family and neighbours happy and safe

If you have any experience living in condos and apartments, then you know that living in such close proximity to your neighbours means getting to know them on a really personal level, whether you like it or not. You see and hear far more than you anticipated, from rambunctious children and barking dogs to midnight…

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