Canada's Condominium Magazine

Monthly Archives: July 2016

Report puts value on Canada's tech sector, warns about falling behind

Report puts value on Canada's tech sector, warns about falling behind

Using an expanded definition of the information and communications technology (ICT) sector, researchers at Ryerson University’s Brookfield Institute have found that Canada’s high-tech sector is larger and more important to the economy than previously thought. According to the study’s authors, Creig Lamb and Matthew Seddon, ICT was directly responsible for $117 billion or 7.1 per… Continue Reading

Report puts value on Canada’s tech sector, warns about falling behind

Report puts value on Canada’s tech sector, warns about falling behind

Using an expanded definition of the information and communications technology (ICT) sector, researchers at Ryerson University’s Brookfield Institute have found that Canada’s high-tech sector is larger and more important to the economy than previously thought. According to the study’s authors, Creig Lamb and Matthew Seddon, ICT was directly responsible for $117 billion or 7.1 per… Continue Reading

Strong Q2 sales in Toronto's condo segment; lack of new listings leads to sellers' market conditions

Strong Q2 sales in Toronto's condo segment; lack of new listings leads to sellers' market conditions

Double-digit increases in sales no longer raise any eyebrows among observers of Toronto’s real estate scene, so today’s announcement that sales of condominiums in the second quarter of the year were up 17.4 per cent compared to a year ago is really just business as usual. It’s a pretty significant number nonetheless. In the months… Continue Reading

Strong Q2 sales in Toronto’s condo segment; lack of new listings leads to sellers’ market conditions

Strong Q2 sales in Toronto’s condo segment; lack of new listings leads to sellers’ market conditions

Double-digit increases in sales no longer raise any eyebrows among observers of Toronto’s real estate scene, so today’s announcement that sales of condominiums in the second quarter of the year were up 17.4 per cent compared to a year ago is really just business as usual. It’s a pretty significant number nonetheless. In the months… Continue Reading

Other Popular Stories

Even with a dip in home sales, as markets adjust to new rules, new home pricing remains high due to low supply and “right sizing” dilemma

Even with a dip in home sales, as markets adjust to new rules, new home pricing remains high due to low supply and “right sizing” dilemma

Although some recent reports show a drop in actual resale sales — in the short-term dramatic double digit drops according to some brokers — prices are showing no sign of dropping on new homes.[1] The Building Industry and Land Development Association recently released data detailing rising costs for new detached and semi-detached homes, as well…

Living comfortably in 500 square feet or less; modular convertible multi-purpose furniture makes the difference

Living comfortably in 500 square feet or less; modular convertible multi-purpose furniture makes the difference

Size is relative. An object that is small to you may be quite large to another person, and vice versa. The same holds true for nearly everything. A relatively small space that leaves one person feeling claustrophobic can — with a little planning and some modular furniture (see videos below) —  be considered spacious and…

More Ontario rules: modest help for seniors and refugees and immigrating nominees

More Ontario rules: modest help for seniors and refugees and immigrating nominees

Ontario has recently introduced legislation geared toward homebuyers and seniors. If the legislation passes, it should make housing much more affordable — although the intended result isn’t always the same as the final outcome in a real market.     Aside from the 15% Non-Resident Speculation Tax (previously reported>>) for non-Canadian citizens, non-permanent residents, and non-Canadian…

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