Toronto Condos

• Vast majority of Toronto-area new condo investors losing money every month: report

  A new report says Toronto's condo market is facing its biggest test in decades as the number of investors losing money every month, and the amount they're losing, has ballooned. 

  Canada

  Jul 25, 2024
  
• GTA new condo sales see slowest first half of year since 2013: Urbanation

  The real estate analysis company says the first six months of this year brought 6,727 in new condo sales, 59 per cent below the sales seen during the same period of 2022.

  Canada

  Aug 1, 2023
  
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• More than half of GTA condo investors losing money on properties: report

  A new report says for the first time ever, more than half of newly-completed condo investors in the Greater Toronto Area were losing money on their rental properties last year.

  Canada

  May 29, 2023
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• Ontario condos 35% smaller on average than they were 25 years ago: MPAC

  The corporation that tracks property data across the province says since the mid-1990s, the average condominium has shrunk from 1,100 square feet to around 700.

  Economy

  Oct 23, 2022
• Toronto-area home sales down 47% from last July, 24% from June: real estate board

  The moderation of the Greater Toronto Area's housing market intensified last month as the region's real estate board found July sales fell 47 per cent from the same time last year

  Canada

  Aug 4, 2022
• Cooling home sales push some owners to list their units in hot rental markets

  A cooling ownership market is pushing some homeowners to put a sale on hold and put their home on the rental market, according to new real estate data.

  Money

  Aug 2, 2022
• Ontario to build 1st elementary school inside Toronto condo building

  The school — Lower Yonge Precinct Elementary School — will provide 455 student spaces and is being built inside of a condo building in Toronto's downtown core.

  Education

  Jan 21, 2022
• Toronto home sales lead to record 2021 despite weaker December

  A resurgence in demand for Toronto homes contributed to record residential real estate sales and prices in 2021 despite a dip in December.

  Canada

  Jan 6, 2022
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• City of Toronto looking for feedback on vacant home tax in effort to increase housing supply

  "Hopefully, over time, it becomes a tax that essentially collects no revenue, because it will have been successful in prompting investors to bring their units online."

  Canada

  Oct 21, 2021
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• Greater Toronto Area housing on fire in February as average price surpassed $1 million

  The Toronto Regional Real Estate Board says the housing market remained on fire in February with the average price surpassing $1 million for the first time.

  Canada

  Mar 3, 2021