Canada's Condominium Magazine

Monthly Archives: May 2014

Canadians positive about their mortgages, but housing supply needs addressing

Canadians positive about their mortgages, but housing supply needs addressing

A new look at the residential mortgage market in Canada places the blame for troubles in the housing market today squarely on the shoulders of the federal government. Mortgage lending in pre-recession days was “clearly too lax” and needed tightening, says Will Dunning, in “Looking for a New Normal in the Residential Mortgage Market.” The… Continue Reading

Tridel introduces Atmosphere: signature suites at Front and John

Tridel introduces Atmosphere: signature suites at Front and John

Amid reports that sales of properties listed at $1.5 million or more are soaring in Toronto, Tridel  is introducing its own high-end line of luxury suites at the newly completed 300 Front Street West condominiums. Atmosphere is a collection of penthouse and signature suites on the top floors of the forty-nine-storey ultra-modern building across the… Continue Reading

Slight decline in affordability of homes except condos, says RBC

Slight decline in affordability of homes except condos, says RBC

Buying a home in Canada, and in Ontario, has become a little less affordable over the first four months of the year, according to RBC economics, the result of rising home prices and short supply in “top-tier markets.” Strong price growth in Toronto, Vancouver, Calgary and Edmonton is responsible for the decline in national affordability… Continue Reading

Other Popular Stories

Ten reasons why condos might be the “Goldilocks” solution to your urban home needs

Ten reasons why condos might be the “Goldilocks” solution to your urban home needs

For Toronto- or Vancouver-based home-owners “Goldilocks” may seem like a dream in the face of double digit increases in home values. Even with the recent increase in listings, and the multi-point plan by Government to cool markets, the bargains are not to be found in resale homes and condos. Goldilocks market seems like a far-off…

My boomerang story: what I learned about how to stop your adult kids from boomeranging back into your home.

My boomerang story: what I learned about how to stop your adult kids from boomeranging back into your home.

By Sassa Brown I was a Boomerang kid. I didn’t want to be. I had to be. This is my story. But first, let me explain that your kids know you are anxious to settle down and relax. They want you to enjoy yourselves in peace and quiet, with the knowledge that they raised good, well-adjusted children….

Ontario home-buyers face Goldilocks housing dilemma with 70% unable to find homes that meet their needs

Ontario home-buyers face Goldilocks housing dilemma with 70% unable to find homes that meet their needs

According to a recent report by the Canadian Center for Economic Analysis, approximately 70% of Ontario’s residents are unable to find housing that adequately meets the needs of their household.     While many residents are unable to find houses that are big enough, others are finding it difficult to locate houses that are small…

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