REMI

Condo Market

condo sales

CondoBusiness

What’s ahead for Ontario’s condo market?

While overall activity has declined, condo supply continues to remain very constrained in the primary GTA markets. However, new pre-construction launches continue to be very popular.
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CondoBusiness

Condo market offers hope amid housing woes

Those seeking more affordable housing options are finding a cure-all in the condo market, which offers affordability, availability, amenities, and neighbourhood liveability.
Toronto weighs office replacement pullback

CondoBusiness

GTA new condo market rebounds from COVID hit

The new condo market in the GTA has not only fully recovered from a pandemic slump, but reached record sales in the second quarter of 2021.
condo prices

REMI Network

GTA condo price rises by 44% since 2017 housing peak

Condos have appreciated more than any other housing type in the GTA when comparing the average price from the housing peak in 2017 to today.
new condo

CondoBusiness

New condo in Toronto bets on market rebound

In tech-giant style, PRIME will offer 4,000 square feet of Facebook-inspired outdoor and indoor co-working space and an expansive 24-hour fitness facility.
GTA rents

CondoBusiness

The GTA condo market: its not all bad news

The Greater Toronto Area’s condo market hasn’t emerged completely unscathed. But it’s not all bad news.
condo market

CondoBusiness

On the move in the condo market

In the shadow of a possible second wave, realtors forge ahead with the new reality of buying and selling condos.
condo market

REMI Network

GTA condo market tightens since 2018

Tighter condo market conditions were reported over the past year, with new condo listings diving by 11.9 per cent at the end 2019.
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CondoBusiness

Condos reign in housing market outlook for T.O.

Housing activity is expected to rebound in the GTA over the next couple of years, with condo apartments leading the way in sales and construction.

CondoBusiness

Report: Condos a harder sell for Canadian renters

It's becoming harder for renting Canadians to make a move to condos. This is according to an RBC housing report that indicates the high price of single-family housing is driving demand for condos and creating intense affordability pressures.

CondoBusiness

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.

CondoBusiness

Unsold T.O. condo units reach 21-year high: BMO

According to a report from Sal Guatieri of BMO Financial Group, the number of unsold condo units in Toronto soared to levels not seen in 21 years this January. Guatieri, a Senior Economist at BMO, predicts that the rise in unsold condos, which reached 1,602 units, will slow the increase of new condo prices.

CondoBusiness

T.O. condo completions break records: RealNet

Statistics gathered in September marked 2014 as a record-breaking year for condo completions in Toronto, according to an article from the Toronto Star by George Carras, President at RealNet Canada Inc. (RealNet). Completions in the first nine months of the year broke the previous year’s record of 16,668 units. Carras attributes this growth to intensification policies and growth plans introduced in Ontario in 2005.

CondoBusiness

Calgary’s condo sector breaks area records: CREB

Year-to-date sales growth in Calgary’s condominium market is breaking records, according to data collected by the Calgary Real Estate Board (CREB). Throughout the region, all housing types experienced a growth in year-to-date sales. However, condominium apartment and townhouse sales are currently standing at record levels, with a combined increase exceeding 19 per cent.