Condo Market

housing market

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.
CondoRBC

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.
new condo sales Urbanation CMHC

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.
Toronto Condos

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.
Toronto Condos

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.
JLL launches PM services

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.