Condo
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New GTA condo sales fell by 44% in September compared to 2024A report released by the Building Industry and Land Development Association showed 155 new condos were sold in the GTA in September, a drop of 44 per cent compared to a year ago.CanadaOct 29
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Greater Toronto condo downturn not likely to be as severe as early ’90s: CMHCThe report says GTA condo prices are declining at similar rates to the early '90s, but that it expects prices to start gaining within a few quarters.EconomySep 24
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The condo market is struggling. Are they still a good retirement plan?Condos were once considered a safe investment for people planning their retirement, but Canadians are increasingly wary of investing in condos.CanadaSep 1
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Canada’s condo supply is surging — and it’s not just in TorontoRe/Max Canada said in its national condo outlook released Wednesday that listings in this segment of the market have 'soared' in recent months, opening a door to first-time buyers.MoneyOct 9, 2024
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‘Economic mismatch’: A shortage of Ontario condo managers is driving up feesExperts are sounding the alarm bells as a shortage of condo managers in Ontario is driving up management fees as thousands more units come online.CanadaJul 2, 2024
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Investigation underway after gym ceiling collapses in new Toronto condo buildingPart of a ceiling collapsed inside the gym of a Toronto condominium and an investigation is underway to determine what happened.CanadaNov 3, 2023
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“The One” condo tower downtown placed into receivershipCourt documents how the project is almost a year overdue and the developers are $1.6 billion in debt to their lender. Mark Carcasole reports.ConsumerOct 20, 2023
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3 suspects sought after $1 million worth of watches, cash stolen from Toronto condoToronto police are searching for three suspects wanted in connection with a break-and-enter at a downtown condo that saw more than $1 million worth of watches and cash stolen.CrimeSep 20, 2023
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Calgary home inventory drops as sales hit record high in AugustThe latest report from the Calgary Real Estate Board says the city saw record-high sales in August, driven by the condo market.EconomySep 1, 2023
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Montreal’s Chinatown seniors calling on authorities to take their safety concerns into accountTenants in an apartment building, many of whom are elderly, insist their needs must be considered in any safety initiative in Chinatown.CanadaAug 17, 2023
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