Condo Boom
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Toronto neighbourhoods in need of family-friendly housing as millennials grow up: reportThe population of those between the ages of 35 to 44 is expected to increase by over 200,000 come 2026, likely driving a need for larger, more family-friendly housing.ConsumerNov 7, 2017
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Condo surge ignites pick up in February housing startsThe number of condominiums that broke ground last month increased by 46 per cent as builders started more projects in B.C., Ontario, Quebec and Atlantic Canada.CanadaMar 8, 2016
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The Toronto condo bust that wasn’tWarnings of “an abrupt correction in prices" in Toronto's condo market have been proven wrong so far. A surge in units has been “readily absorbed for the most part."CanadaMar 7, 2016
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Pace of condo construction quickens again in NovemberThe Canadian housing market continued to show signs of strength as the annual pace of housing starts in November came in faster than expected.CanadaDec 8, 2015
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Foreign money helping to fuel Canada’s condo boom: housing agencyThe number of Canadian condominiums owned by foreign residents in Vancouver, Toronto and Winnipeg rose over the past year, the Canada Mortgage and Housing Corp. says.CanadaDec 3, 2015
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Accelerating condo prices in Toronto, Vancouver a cause for ‘concern’?Strong price gains for detached homes is rippling into condos, according to BMO economists. Yet the gains may not be warranted.CanadaOct 16, 2015
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Toronto condo market ‘on fire’ as sales surgeSo much for a bust. The country’s largest condominium market is seeing sales surge as other housing types grow increasingly out of reach.CanadaJul 7, 2015
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Toronto condo prices set for long period of ‘stagnation’: reportCondo prices in Toronto, where bubble fears persist, have held their own in recent years. But demographic shifts amid rising supply now theaten future gains.CanadaApr 1, 2015
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Condo construction falls sharply in February: CMHCThe annual pace of new housing construction slowed materially in February, with far fewer condo projects breaking ground amid frigid temperatures.CanadaMar 9, 2015
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Smart Money: Experts answer your questions on real estateRent vs buy? Is Canada in a housing bubble? Is owning property a good retirement plan? Experts answer your questions about real estate.CanadaFeb 27, 2015
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