condo sales

CondoBusiness

New high for GTA condo construction

Condo construction in the Greater Toronto Area reached a new high in Q1 2019 as pre-sale launch activity dropped to a 10-year low and condo price growth began to slow.
urban growth

CondoBusiness

GTA condo sales fell 9.9 per cent in Q4-2018

According to the TREB, there were 5,191 condominium apartment sales in the fourth quarter of 2018, a decline of 9.9 per cent compared to Q4-2017.

CondoBusiness

New GTA condo sales climb in October: BILD

New home sales climbed in the GTA in October, largely driven by sales of multi-family homes, condo apartments in high-rise and mid-rise buildings and stacked townhomes, says BILD.

CondoBusiness

GTA condo prices rose 22.7 per cent in Q3-2017

According to the Toronto Real Estate Board, condo prices in the GTA climbed 22.7 per cent year-over-year in the third quarter of 2017.

CondoBusiness

GTA condo sales fall eight per cent y-o-y in Q2

According to the Toronto Real Estate Board (TREB), there were a total of 8,223 condominium apartment sales reported between April and the end of June in the Greater Toronto Area.

CondoBusiness

GTA condo sales reach record high in June

In June, the Greater Toronto Area’s new housing market continued to climb with condo sales in the region reaching a new record high, reports BILD.

CondoBusiness

Record Q1 GTA condo sales cause inventory to drop

In Q1-2017, 9,932 new condominium apartments were sold across the GTA, an increase of 73 per cent year-over-year, a new high for the quarter.

CondoBusiness

GTA condo sales surpassed records in February

February was a record-breaking month for new condo apartment sales in the GTA, while the number of new low-rise homes on sale reached new lows, says BILD.

CondoBusiness

GTA new condo sales fall 22 per cent YOY: BILD

While new detached home sales saw record increases in March 2016, new condominium units in the Greater Toronto Area (GTA) experienced falling sales compared to

CondoBusiness

GTA new condo sales slow in Q1 2015: report

According to the latest market report from Urbanation Inc., a total of 4,432 new condominium units were sold in the GTA during the first quarter of 2015, a decline of 10 per cent from the year prior. At the same time, unsold condos in pre-construction fell 16 per cent to 8,781 units and condos under construction fell to 7,059 units, a nine per cent year-over-year decline.

CondoBusiness

Ottawa home sales down in February: OREB

According to data from the Ottawa Real Estate Board, a total of 853 residential properties were sold in Ottawa during the month of February, a decrease of 1.7 per cent from the year prior. The sales figure is also below the five-year average for February, which is 914 units.

CondoBusiness

Montreal condo sales up over last year: GMREB

According to the latest residential real estate statistics from the Greater Montreal Real Estate Board (GMREB), condo sales in the Montreal Census Metropolitan Area (CMA) increased by three per cent, year-over-year, in February. Total residential sales, which includes single-family homes, plexes, and condominiums, reached 3,281 units in February, a figure representing no change from the year prior.

CondoBusiness

Montreal condo sales dip in January: GMREB

According to the Greater Montreal Real Estate Board (GMREB), condominium sales in the Montreal region fell nine per cent, year-over-year, in January. In fact, with the exception of plexes (two to five units), all property types registered decreased sales when compared with January 2014 statistics.

CondoBusiness

Condo sales, listings increase in January: OREB

When compared with statistics from January 2014, residential property sales in the Ottawa region increased 6.8 per cent in January, according to recent data released by the Ottawa Real Estate Board (OREB). This included 114 condominiums which sold for an average price of $250,406. On a month-to-month basis, new residential and condo property listings more than doubled those registered in December.

CondoBusiness

New GTA condo sales up 51 per cent over 2013

According to Toronto condominium market analysts Urbanation Inc., a total of 21,605 new condominium apartments were sold in the Greater Toronto Area last year, making 2014 the third best year on record for new condo sales. The number represents a 51 per cent increase over 2013. Sales of existing condos grew 14 per cent, year-over-year, to a record 17,819 units.

CondoBusiness

Condos to represent one-third of Montreal sales

In 2015, one out of every three homes purchased in Montreal, Que. will be a condominium, according to a survey commissioned by the Québec Federation of Real Estate Boards (QFREB) and the Fonds immobilier de solidarité FTQ. The survey, which focused on buying and selling intentions, found that 65 per cent of those intending to buy already own a home while 36 per cent are first-timers.

CondoBusiness

Luxury condo sales surge in 2014: Sotheby’s

When compared with data from 2013, sales of GTA homes over $1-million (luxury sales) grew by a staggering 38 per cent in 2014, says Sotheby's International Realty Canada (Sotheby’s). In an annual report, the real estate sales and marketing company found that, across several of Canada’s major real estate markets, luxury sales finished the year with positive year-over-year growth.