Industry News
GTA condo fees average 65 cents per square foot
Maintenance fees across condos in the GTA averaged 65 cents per square foot in 2017, according to a recent report from Condos.ca.
Urbanation reports record GTA new condo sales in 2017
There were 35,074 new condominium units sold across the GTA in 2017, up 30 per cent compared to 2016, according to Urbanation’s 2017 condo market results.
GTA’s 2017 new home sales strong amid falling inventory: BILD
In 2017, the GTA saw falling inventory, rising prices and strong new home sales, setting a record high in new condominium apartment sales, reports BILD.
Short list rivals undercut Toronto on housing
An overview of median list prices among the 19 American contenders for Amazon's second headquarters reveals a wide gulf between New York and every other market, while Toronto is largely matched with Los Angeles as the next most expensive cities.
GTA condo supply and affordability in decline
Land for high-rise condominium development was a major component of $23.5 billion in investment property sales in the Greater Toronto Area last year.
GTA condominium sales fall 15.4 per cent in Q4
In the fourth quarter of 2017, the GTA had 5,773 condominium apartment sales, a decline of 15.4 per cent compared to the last three months of 2016.
Evacuation priorities drive B.C. code proposal
Proposed amendment would eliminate the requirement for signage instructing building occupants not to use the elevator in the case of a fire.
CMRAO looks to fill discipline committee seats
The Condominium Management Regulatory Authority of Ontario (CMRAO) is accepting applications to sit on its discipline and discipline appeals committees.
Canadian home sales climb in December
According to the CREA, national home sales rose 4.5 per cent from November to December, the fifth consecutive monthly home sales increase.
Ben Myers launches residential real estate advisory firm
Veteran real estate analyst Ben Myers has launched Bullpen Research & Consulting Inc., a boutique residential real estate advisory firm.
Home prices expected to climb 2.5 per cent in 2018
RE/MAX recently released its 2018 Housing Market Outlook, which identifies which housing market trends we are expected to see in 2018.
Demand for vacation rentals grew in 2017
Accommodations in Whistler, B.C. and Blue Mountain, Ontario, were the top draws among approximately 11,000 advertised Canadian destinations.
Income and housing security top senior concerns
Canada's largest seniors' advocacy organization is prioritizing housing needs for different stages of aging among five key issues it plans to champion this year.
GTA condo rents surge nine per cent in Q4
According to Urbanation Inc., the number of condo units leased in Q4-2017 fell 11 per cent year-over-year as listings dropped by 16 per cent.
GTA new home sales slow in November: BILD
New home sales in the GTA fell slightly in November as condos continued to comprise most of the sales and a record low number of new single-family homes were sold, finds BILD.
BC Road Builders announce 2018 board of directors
The BC Road Builders and Heavy Construction Association has announced its 2018 board of directors including Todd Strynadka as the new chair.
Ali Arlani to lead condo management regulator
Ali Arlani will become CEO and registrar of the Condominium Management Regulatory Authority of Ontario (CMRAO) on Jan. 15.


