Canada's Condominium Magazine
New homes are selling at higher-than-average rates in the GTA, particularly in the City of Toronto. RealNet Canada Inc., the official source of data about the new-home market for the Building Industry and Land Development Association (BILD), reports 4,608 new-home sales in June. This was the third highest June in the last decade for new… Continue Reading
One way or the other, your home is going to get smarter. If you’re a tech enthusiast, and roughly one-third of us are, it will happen sooner than later, but even “disenthusiasts” might agree about one thing: better security in the home is a good thing, and if “smart” means more secure, then they’re in.… Continue Reading
Purchasing a condo is one of the biggest investments you make in a lifetime. Part of that significant investment includes the everyday appliances that care for your clothes, dishes and food. Whether your condo comes with brand new appliances or ones that have seen some use, all appliances can benefit from a little TLC to… Continue Reading
Do parents today still shout at their kids in wintertime to “shut that door” with the words “Are you trying to heat the whole street?” or a variation thereof? (The line can be adapted for summertime air conditioning.) As we now know, there’s more to this than we ever thought. Heat created in buildings really… Continue Reading
It seems that fewer Canadian mortgage holders these days are concerned about becoming mortgage free. Last year, more than two-thirds said, in responding to a CIBC poll, that they were taking steps to pay down their mortgage before the twenty-five-year amortization period was up. This year, just over half (55 per cent) claim to be… Continue Reading
Buyers of condos nowadays are often buying much more than four walls and a view. More and more today we’re seeing the words “sustainability” and “smart” applied to condos, and buyers are coming to expect more in these areas. Condos are uniquely able to offer the latest smart home technology, like Samsung’s, giving home owners… Continue Reading
It’s ironic that one of the biggest weaknesses threatening the security of the Internet, the world’s greatest communications system, is lack of communication. A new report on the state of the world’s IT security says that a lack of communication between IT security professionals and company executives is helping cybercriminals attack organizations around the world. While… Continue Reading
The surge in Toronto home sales continues. After the best May sales ever and the best June in the past four years, July is on track to be another record month. The Toronto Real Estate Board released its mid-month report today, showing a jump of 11.6 per cent over the same period last year. In… Continue Reading
Sports are good for the economy. Canadians are spending on home renovations and vacations, but not so much on flowers and groceries. It seems we would rather fix up the place and go away somewhere nice than shop for most things these days, according to the latest report on consumer spending from Moneris, the payment… Continue Reading
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