Canada's Condominium Magazine

Monthly Archives: August 2014

CMHC reveals more data on condo investors in Toronto, Vancouver

CMHC reveals more data on condo investors in Toronto, Vancouver

Canada Mortgage and Housing Corporation has released its much-anticipated report on the role of investors in the condo markets of Toronto and Vancouver. The report, based on a survey of more than 42,000 households in the two cities, is intended to give market watchers and interested parties a clearer understanding of how investors’ activities affect… Continue Reading

New condos coming to historic Islington Village

New condos coming to historic Islington Village

Islington Village in Etobicoke is one of Toronto’s more colourful neighbourhoods, one that likes to show off its history. Since 2004, the village, whose main thoroughfare is Dundas Street, between Kipling Avenue and Montgomery Road, just east of Islington Avenue, has transformed itself into an outdoor art gallery. The Islington Village of Murals, as it… Continue Reading

Near-record GTA home sales in July

Near-record GTA home sales in July

Toronto home sales continued to soar in July, with year-over-year growth of 10 per cent. With 9,138 sales reported through the Toronto MLS system, it was the second-best July sales result on record, according to Toronto Real Estate Board President Paul Etherington. The greatest increase in sales was seen in the condominium category. Total GTA… Continue Reading

Retailers demanding lower swipe fees on credit card use

Retailers demanding lower swipe fees on credit card use

A coalition representing more than 90,000 small and medium size businesses in Canada is promising that consumers will benefit if the federal government takes steps to reduce credit card swipe fees in this country. The Small Business Matters Coalition was formed specifically to deal with the “burden” of swipe fees, the charge that merchants must… Continue Reading

The Supreme Court of Canada Decision on Public Disclosure of Home Selling Prices Sends Case Back to Competition Tribunal

The Supreme Court of Canada Decision on Public Disclosure of Home Selling Prices Sends Case Back to Competition Tribunal

Wherever you stand on the hot topic of public disclosure of home selling prices by the Toronto Real Estate Board (TREB), you’ll have to wait for a decision. The Supreme Court of Canada, last week, decided not decide. Instead, they sent the case back for a new trial in front of the Competition Tribunal. The… Continue Reading

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