Canada's Condominium Magazine

Monthly Archives: October 2016

Good holiday season forecast as retailers adapt to the "experience economy"

Good holiday season forecast as retailers adapt to the "experience economy"

Do you go shopping so you can get out of the house and go somewhere that reflects your personal values? Then you are probably between twenty-five and thirty-four years old, and you are part of the “experience economy.” Shoppers in that age bracket, otherwise known as the Millennials, and indeed most Canadians, rate buying things… Continue Reading

Good holiday season forecast as retailers adapt to the “experience economy”

Good holiday season forecast as retailers adapt to the “experience economy”

Do you go shopping so you can get out of the house and go somewhere that reflects your personal values? Then you are probably between twenty-five and thirty-four years old, and you are part of the “experience economy.” Shoppers in that age bracket, otherwise known as the Millennials, and indeed most Canadians, rate buying things… Continue Reading

Many domestic investors, few foreign buyers in Toronto condo market

Many domestic investors, few foreign buyers in Toronto condo market

We are learning more about how many foreign buyers and domestic investors are active in the Toronto condominium market. Condo research firm Urbanation, which conducted a survey of developers and brokers to gather the data, says the role of foreign buyers is “rather limited,” accounting for just 5 per cent of all sales within projects… Continue Reading

Overvaluation in some housing markets will lead to moderation: CMHC

Overvaluation in some housing markets will lead to moderation: CMHC

Despite the somewhat alarming headlines about more of Canada’s housing markets being overvalued, the forecast for the coming year and into 2018 is for moderation rather than sharp decline. The rapid growth in home prices seen over the past few years is likely to slow, sales of existing homes will also slow, and housing starts… Continue Reading

Other Popular Stories

Rental Fairness Act: Act of kindness, or barrier to affordable housing? Either way, it will change everything for renters.

Rental Fairness Act: Act of kindness, or barrier to affordable housing? Either way, it will change everything for renters.

With 1.2 million rental households in Ontario, frequently rented from condo-owners, the stakes are high for Ontario residents in a “fairness” rental act. Ontario is following through on their announcements of rent control reform. A news release from Ontario’s Ministry of Housing makes it clear The Rental Fairness Act, 2017, is a coming reality. It’s safe…

Ask the Lawyer: Condo owner worried about legalization of marijuana, if “every household can grow 4 plants… damage could be vast”

Ask the Lawyer: Condo owner worried about legalization of marijuana, if “every household can grow 4 plants… damage could be vast”

Reader Question “I have one concern that is up coming and both Property Management Corp and the Board of Directors should address: it is the legalization of marijuana. With that, every household can grow 4 plants at home. However, if we allow growth of marijuana in a condo unit, the damage could be vast; affecting…

3D printed homes from recycled materials are both green and economical; ideal for low-cost housing?

3D printed homes from recycled materials are both green and economical; ideal for low-cost housing?

3D printing is not new to the construction industry, although a new development from Apis Cor may make it more practical for some applications such as low-cost housing in Municipalities. Unlike older 3D printers, which run on tracks inside “factories” to produce components, the Apis Cor is the first 3D printer that is mobile enough…

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