Canada's Condominium Magazine

Monthly Archives: April 2015

Unconditional offers in Toronto’s hot real estate market common but risky

Unconditional offers in Toronto’s hot real estate market common but risky

A new report on real estate markets across Canada, this one from RE/MAX, covers territory that will be familiar to many. Home prices are rising in sellers’ markets like Toronto and Vancouver, where inventory is tight, and falling in buyers’ markets like Calgary and Regina. Condominiums are an affordable choice for many buyers, especially first-time… Continue Reading

Bowery Project takes urban agriculture to the street

Bowery Project takes urban agriculture to the street

We live in a mobile age, the age of the pop-up. Everyone is hyper-connected with everyone else electronically, and we demand the ability to do everything mobile. We pay bills, shop, chat, text, Skype. snap, sext, blog, game, read, listen, watch, remotely control home appliances and generally live in a state of perpetual mobility. But… Continue Reading

More choice for renters with big jump in purpose-built apartments

More choice for renters with big jump in purpose-built apartments

Finding an affordable apartment to rent in Toronto should be a little easier these days, thanks to growing numbers of condos for rent, as well as more purpose-built rental apartments. The number of condo apartments that are rented continues to grow steadily. Urbanation, the firm that studies and reports on the condo market in Toronto,… Continue Reading

Toronto, Vancouver outliers as national housing markets soften

Toronto, Vancouver outliers as national housing markets soften

Whether you call it a “soft landing” or simply a rational response to larger economic forces, housing prices in many parts of Canada have been “softening” over the past three months, according to the latest Royal LePage House Price Survey. The “natural cycle” of the market was disrupted by two unanticipated and opposing factors: the… Continue Reading

Other Popular Stories

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…

Studies: Millennials are choosing smaller urban condominiums over larger suburban homes; transit more important than size

Studies: Millennials are choosing smaller urban condominiums over larger suburban homes; transit more important than size

Studies suggest 18-34 year olds prefer condo and apartment living for walkability, short commutes and access to amenities — and not because of affordability. Many would choose an even smaller condo, with a higher price-per-square foot, just to have ready access to subway. [1] Access to transit was the number one factor, despite price. Lower…

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