THE GLOBE & MAIL
PUBLISHED: February 7, 2024
Written by: SHANE DINGMAN
Photo by Matthew Henry from Burst
Average GTA Rents See Largest Quarterly Decline Outside The Pandemic
TORONTO STOREYS
PUBLISHED: January 23, 2024
Written by: Zoe Demarco
Photo by Adrien Olichon from Burst
According to new data from Urbanation, the average rent for a condo in the GTA fell 5.7% on a quarterly basis in Q4 2023
Survey Says: Nearly Half Of Canadian Renters Actually ‘Prefer’ To Rent
A national, first-of-its-kind survey hones in on the lived experience of today’s tenants, and reveals that 46% rent by choice.
TORONTO STOREYS
PUBLISHED: September 13, 2023
Written by: Zakiya Kassam
Photo by: Photo by Expect Best from Pexels
Toronto Green-Lights 6 Storeys On Major Streets, Extends RGI Registration Deadline
Toronto Housing Chair Gord Perks says that policy alone won’t solve the city's housing challenges, and calls on the federal and provincial governments to “step up” and invest in housing.
TORONTO STOREYS
PUBLISHED: September 29, 2023
Written by: Zakiya Kassam
Photo by: Mitul Shah from Burst
“It Will Move The Needle”: The Industry Reacts To Feds Removal Of GST On New Rentals
For years, the real estate development industry has identified GST as a simple change that would go a long way towards helping rental development.
TORONTO STOREYS
PUBLISHED: September 14, 2023
Written by: Howard Chai
Photo by: Matthew Henry from Burst
Over 30 GTHA Condo Projects Delayed As Developers Await “Better Market” For Launch
An additional 8,000 units would have been added to the Toronto and Hamilton area's housing supply stock if not for affordability challenges brought on by sticky inflation and rate realities.
TORONTO STOREYS
PUBLISHED: September 6, 2023
Written by: Zakiya Kassam
Photo by: Tomáš Hustoles from Burst
GTA Condo Developers Are Dropping Prices For First Time In 10 Years As Sales Slow
Discounting prices, says a new report, is one way in which condo developers are attempting to entice purchasers to invest in their projects as affordability challenges rage on.
TORONTO STOREYS
PUBLISHED: August 4, 2023
Written by: Zakiya Kassam
Photo by: Thom Bradley from Burst
More than half of GTA condo investors losing money on properties, says new report Social Sharing Facebook Twitter Email Reddit LinkedIn
'A change in investor behaviour is on the horizon,' report says
The research from the Canadian Imperial Bank of Commerce and real estate research firm Urbanation found 48 per cent of leveraged condo investors who bought pre-construction units to rent out were cash flow positive in 2022. (CBC)
CBC
PUBLISHED: May 29, 2023
Written by: Tara Deschamps · The Canadian Press
Photo by: Mitul Shah from Burst
Bank of Canada Holds Key Interest Rate at 4.5%
TORONTO STOREYS
PUBLISHED: April 12, 2023
Written by: Laura Hanrahan
Housing must be a priority in Toronto’s upcoming mayoral byelection
Mayor must focus on housing shortage, development process, efficient land use, and provision of infrastructure, community services, says Dave Wilkes.
TORONTO STAR
PUBLISHED: April 7, 2023
Written by: Dave Wilkes - Building Industry and Land Development Association
Photo by: Photo by Shopify Photos from Burst