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Sunday , 26 March 2017

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Tridel company DelSuites wins prestigious award for sustainability

It might be, the next time you book a hotel room somewhere in the world, that your top concern is the price. Everybody wants to get a good price, as the Trivago guy never stops reminding us. But for business travellers and other people who need more than just a few nights’ stay in Toronto, there’s another option you might not have thought of: corporate housing, also known in Canada as furnished accommodation. And the name to look for in corporate housing in Toronto is DelSuites, a member of the famous Tridel group of companies. DelSuites is just now celebrating its latest award. The US-based Corporate Housing Providers Association (CHPA) ... Read More »

No need to spend $1 million for a great home in Toronto

Marketers have long taken advantage of a quirk in our psychology that makes us perceive certain quantities as larger than others, though they describe exactly the same thing. So we are usually offered a ninety-day free trial offer on some product or service rather than a three-month one, ninety days sounding much longer to most people, thus making us more likely to take the bait. This little trick does not work in reverse. Witness the current real estate market in Toronto. There is no way that $1 million, the average price of a semi-detached home in Toronto these days, sounds anything but more than, say, $475,000. If realtors and their ... Read More »

Tridel company shows environmental leadership with textile recycling program

This may surprise you: the second most polluting industry in the world, after oil production, is—fashion. More specifically, textiles. According to the advocacy group Circle Economy, when you consider the heavy use of resources, including land, water, energy and chemicals, required to produce textile fibres, and the fact that so much of the final product is quickly discarded, after having been shipped vast distances on fossil-fuel-burning container ships, in the “fast-fashion model” of production and consumption, you have enormous amounts of textile waste and unsustainable resource depletion. Global textile production is already at about 90 million tonnes per year, the group says, the equivalent of 80 billion garments. And that ... Read More »

Fewer single homes, more condos, tight market conditions for 2017: survey

Sunny but partially overcast appears to be the forecast for the Toronto new homes market as 2017 proceeds. Whether one sees the sun or the cloud cover will depend on one’s vantage point. The market will experience “modest but healthy” growth and will remain tight, favouring those with money and becoming less attainable for those without it. Fewer new low-rise homes will be built, while the condominium market will continue to grow, bolstered by the baby boomer generation’s move to luxury condos for retirement. Younger people, especially the millennials, on the other hand, are more likely to rent than purchase, despite their relatively high interest in home ownership as a ... Read More »

Despite high prices, buyer intentions strong in Toronto housing market

In every month for the past three years and more, sales of existing homes in Toronto were higher than in the previous month, measured year over year. Now the first sales report for 2017 is in, and the upward trend continues. The Toronto Real Estate Board reports that January sales were up 11.8 per cent compared to January 2016, with 5,188 residential transactions recorded. As TREB puts it, 2017 picked up where 2016 left off, with higher sales, fewer new listings, and double-digit price increases. The strongest sales growth by home type was in the condo sector, up 26.7 per cent throughout the GTA, virtually identical in the City of ... Read More »

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