Industry News
Targeted tax back on Toronto CRE industry radar
The city of Toronto's renewed contemplation of its special revenue-generating powers has real estate industry advocates proactively calling for a role in any future discussions.
GTA residential land transactions reach $4.2-bil
According to Altus Group’s recently released 2015 Real Estate Review of the GTA’s 2015 new home market, the housing market is resilient due to new
GTA new condo sales at highest level since 2011
In 2015, a total of 20,753 new condominium units were sold across the Greater Toronto Area, according to a report by Urbanation Inc., topping 2014
Housing starts trended lower in January: CMHC
According to Canada Mortgage and Housing Corporation (CMHC), January saw the trend measure of housing starts drop to 199,169 units, compared to 203,304 in December.
Empire appoints president of Low Rise Division
Empire Communities, one of Canada’s largest homebuilders of low-rise and high-rise communities in Southwestern Ontario and the GTA, has announced the appointment of Tony Pucci
GTA new home sales above average in 2015
There was strong demand for new homes in the GTA last year, resulting in the third-highest annual sales in the past decade, according to the
Q4 saw moderate increase in condo sales: TREB
According to the Toronto Real Estate Board (TREB), there were 5,595 condominium apartment sales reported through the MLS system during the fourth quarter of 2015,
Overvaluation to impact markets in 2016: CMHC
The latest Housing Market Assessment (HMA) from Canada Mortgage and Housing Corporation (CMHC) reports moderate evidence of overvaluation in housing markets across Canada during the
Pace of home price inflation to slow in 2016
The Toronto and Vancouver residential real estate markets led the country in strong gains during the fourth quarter of 2015, according to the recent Royal
Ottawa’s LeBreton Flats a ‘legacy’ in the making
Ottawa’s LeBreton Flats is being redeveloped into a world-class cultural destination dedicated to open green spaces, public facilities, housing and hockey.
New condo to create eastern gateway to Yorkville
Toronto’s Yorkville neighbourhood will have a new eastern gateway at the northwest corner of Yonge St. and Cumberland St. with the development of 8 Cumberland. The
Canadian home sales dipped in December
Canadian home sales experienced a slight decrease of 0.6 per cent from November to December, according to statistics recently released by the Canadian Real Estate
Housing starts trended lower in December
According to Canada Mortgage and Housing Corporation (CMHC), the trend measure of housing starts in Canada fell to 203,502 units in December from 208,204 in
TREB raises tax fairness at budget committee
The Toronto Real Estate Board (TREB) issued a news release Tuesday stating that it would appear before the city’s budget committee to press for fairness in taxation.
Conviction in worker deaths not enough: council
The Provincial Building and Construction Trades Council of Ontario says a recent conviction in construction worker deaths is only a partial deterrent.
2015 luxury real estate sales surged in key cities
Markets in the Greater Toronto Area and Vancouver had a record year for residential real estate over $1 million in 2015, with the most significant
GTA home sales hit record number in 2015
According to a recent statement from the Toronto Real Estate Board (TREB), December 2015 saw the second-best sales on record for the month, concluding a



