Canada's Condominium Magazine

Monthly Archives: February 2013

Commercial real estate leaders optimistic, but not too much

Commercial real estate leaders optimistic, but not too much

Tempered optimism seems to be the best way to describe the outlook of Canada’s top commercial real estate executives, according to the latest survey of current attitudes regarding real estate values and the availability of capital, from REALpac/FPL. On the one hand, fundamentals are strong, and this makes the real estate leaders happy and full… Continue Reading

We’re movin’ on up, thanks to strong equity gains, low interest rates

We’re movin’ on up, thanks to strong equity gains, low interest rates

RE/MAX has been talking a lot about the move-up market lately. In Toronto, the real estate firm says, this segment accounted for about 20 per cent of sales last year—this was an increase of 8 per cent over the previous year—and the “product” they were buying consisted mostly of single-family homes worth $500–$700K. This activity,… Continue Reading

Gridlock: let’s have another conversation about it

Gridlock: let’s have another conversation about it

Traffic congestion in Toronto is like the weather: everybody talks about it but nobody does anything about it. Or to use the more trendy term favoured by politicians and activists alike, everybody “has a conversation” about it. The city has its own public consultation process called Feeling Congested? It holds public meetings at which city… Continue Reading

Tridel launches new TRIO at Atria with successful Grand Opening

Tridel launches new TRIO at Atria with successful Grand Opening

TRIO at Atria from Tridel had its grand opening over the Family Day long weekend and the word is that it was a great success with “phenomenal” turnout. No surprise there, given the convenient location of the new condominium community—Sheppard Avenue just east of highway 404 and Fairview Mall, right on the new Sheppard LRT… Continue Reading

Slower housing market will be balanced by stronger exports: Carney

Slower housing market will be balanced by stronger exports: Carney

Once again, the governor of the Bank of Canada, Mark Carney, has warned Canadians not to have unrealistic expectations that “some magical asset inflation” will take care of us somewhere down the line, as in retirement. Speaking on CTV news, Carney cautioned, as he has so many times in the past, that Canadians should not… Continue Reading

Tridel launches new TRIO at Atria with successful Grand Opening

Tridel launches new TRIO at Atria with successful Grand Opening

TRIO at Atria from Tridel had its grand opening over the Family Day long weekend and the word is that it was a great success with “phenomenal” turnout. No surprise there, given the convenient location of the new condominium community—Sheppard Avenue just east of highway 404 and Fairview Mall, right on the new Sheppard LRT… Continue Reading

Other Popular Stories

15 percent non-resident speculation tax becoming reality for Ontario; may help temper “frantic” real estate market “without unintended consequences”

15 percent non-resident speculation tax becoming reality for Ontario; may help temper “frantic” real estate market “without unintended consequences”

As expected, Kathleen Wynn moved to cool down the sizzling hot GTA real estate market with a bundle of measures, led by new 15 percent non resident speculation tax. Investors who are residents are exempt, although separate “policies” may also target locals. Expanded rent controls are also certain. “When I talk about the frenzy in…

Ask the Lawyer: Condo owner wants action on noisy Airbnb “tenants”

Ask the Lawyer: Condo owner wants action on noisy Airbnb “tenants”

Reader Question: “I believe my neighbour is renting out with Airbnb. I see people I don’t know coming and going, making lots of noise. I also don’t feel safe in this environment. What can I do about this? So far, complaining to management hasn’t helped.” Do you have a question for Richard? Please reach out…

Sousa again promises action in GTA real estate market and rent controls in “coming week”

Sousa again promises action in GTA real estate market and rent controls in “coming week”

In another of several announcements promising action on the Ontario housing market — this one promising “in the coming week” — Ontario’s Finance Minister Charles Sousa revealed more details of the pending plan to rein in speculative market pricing in the GTA area. A combination of low supply and excessive demand has thrust house pricing…

SHARE WITH US

Subscribe to condo.ca

@ 2017 condo.ca  |  Designed by Persona Corp