condominium market

GTA apartment sector housing supply

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.
JLL launches PM services

CondoBusiness

Calgary condo sales set record in 2014: CREB

Despite a year-over-year decline in residential sales for the month of December, Calgary’s condominium apartment and townhouse sectors set records in 2014. A total of 4,742 condominium sales took place in the region in 2014, an 18 per cent increase from 2013.
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.
Toronto Condos

CondoBusiness

Outlook strong for Canadian condos: RE/MAX

According to the latest Housing Market Outlook Report from RE/MAX, the Canadian condominium market is expected to remain strong and healthy in 2015. Throughout 2014, “condominiums continued to grow their share of the market in many regions,” the report stated. As such, a lack of affordable single-family homes in areas such as Toronto and Vancouver, made condos an attractive option for first-time homeowners and young families.