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CondoBusiness

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

CondoBusiness

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

REMI Network

GTA office leasing market strong in Q4 2015

The Greater Toronto Area remained strong at the end of 2015 with downtown’s high performance, but the suburban market showed weaker results.

REMI Network

Avison Young acquires Metrix Realty Group

Avison Young has acquired Metrix Realty Group (Ontario) Inc., a Toronto-based property appraisal company, adding 18 employees to its operations team.

CondoBusiness

Hamilton in high demand by GTA buyers

Hamilton has been steadily gaining popularity among GTA home buyers as it is one of the more affordable options for those looking to purchase a

REMI Network

Steady leasing velocity in GTA Q3 office market

The flight to quality in the Greater Toronto Area (GTA) has continued into the third quarter of 2015, as demand is focused on Class A office space.

CondoBusiness

GTA sees 22.6-per-cent increase in condo rentals

The Toronto Real Estate Board (TREB) reported 9,635 condominium apartment rental transactions through the MLS System in the third quarter of 2015, which is a

CondoBusiness

GTA purpose-built construction hits 25-year high

According to Urbanation Inc.’s third quarter condo and purpose-built rental market report, the number of GTA condo units rented through the MLS system reached a

Canadian Apartment Magazine

GTA cap rate hits new benchmark low

The average cap rate in the GTA for the third quarter of 2015 (Q3’15) hit its lowest level in the last 30 years. Cap rate in Q3’15 stood at 3.75 per cent, down from 4.2 per cent in Q2’15 and down almost 50 per cent from the 6.3 per cent posted in Q3’10.

REMI Network

Leased GTA commercial space dips: TREB

The Toronto Real Estate Board reports a large decrease in leased industrial, commercial, retail and office space for August 2015 compared to August 2014.

Canadian Apartment Magazine

GTA apartment market summary: Q2 2015

After a sluggish opening three months in the GTA, the second quarter rebounded convincingly to reach its fifth best quarter of all-time in dollar volume, totaling $3.6 billion

REMI Network

GTA commercial sales and leases down in July

In the GTA, the total number of commercial space leased and sold declined on a year-over-year basis in July.

REMI Network

Suburbs top performer in Q2 GTA office market

The suburban office market outperformed the downtown and midtown markets in the Greater Toronto Area (GTA) in the last quarter.

REMI Network

Industrial decoupling trends in the GTA

There is an increased demand for traditional office space as industrial companies look to consolidate office operations in the Greater Toronto Area.

REMI Network

RioCan details future developments

RioCan has announced development updates related to two properties in the Greater Toronto Area (GTA) and one in Alberta.

Construction Business

GTA home sales continue at record pace in June

Realtors have reported 5,661 GTA home sales through the Toronto Real Estate Board (TREB) MLS System between June 1 and 14.

REMI Network

Early May sales increased over last year: TREB

Greater Toronto Area REALTORS® have reported a 9.6 per cent year-over-year increase in home sales during the first two weeks of May, according to TREB.