"The pricing of all types of properties increased, except detached homes in the 905, which were slightly down. The average condo price was up significantly in July 2018 year-over-year: 9.2% in the 416 and 10.3% in the 905." https://t.co/TDL6kzXpqW
“So we’ll see building and pressure on the price of condos and in more remote suburbs of our big cities.” ... for market forecasting, 17% of respondents indicated they would sell their homes by 2023. Nationally, this represents 1.6 million people
https://t.co/bUfiWaIMcs
"Jovasevic first learned of the Airbnb situation when her concierge called her about the unit door being left open. There were also noise complaints. Subsequently, she found her condo listed on Airbnb by a “Sofia” — even though the tenant is a man.” https://t.co/GbDMHZOQC6
"In Toronto, prices were up 6.5% year-over-year to $603,480 for the 2nd quarter 2018. This trend is expected to continue, as first-time home buyers and down-sizers are driving the market. For first-time buyers condominiums are often the only option." https://t.co/X3TbqT74sJ
"Toronto’s about urban lifestyle, access, amenities — it’s not about mega homes and lots of bedrooms. If you’re willing to go vertical, the average price of a home nationally, $495,100, will buy you up to 2.1 bedrooms in Toronto... " https://t.co/BM9cVIt7Dx
"Wards are a mechanism for voting, but they are also a handy way to break up this magnificent city into demographic slices. By combining Census data with Ward boundaries, https://t.co/MO98qaXcWY’s new series will profile key neighbourhoods...
https://t.co/ngHSyOamUt
"The overall average for 2018 is $1202 per month in the GTA, and $1426 for a two-bedroom unit... for condos, the average monthly rent is up 11.2% to $2302 for an average-sized 732 square ft unit. Meanwhile, 38% of people in Toronto make less than $50,000."
https://t.co/sPQ6cWjx3q
“More than 60% of all local housing markets reported increased sales activity in June compared to May, led by the GTA." Assistant Chief Economist at the Royal Bank indicated “the market re-calibrating, if you will, and moving gradually higher.” https://t.co/mUz8FZNdAc
"Look to hot climates to see how people handle heat without air conditioning. For instance, the plains of India can reach 47 degrees Celsius (not humidex, straight temperature) — much higher than we have to cope with even in Toronto summer." https://t.co/p8kN60PEk9
"...increasing rents are high enough to push renters into the buyers market; if you’re paying $2302 per month for 732 square feet, maybe it’s better to put that money into a mortgage? That is, if you can swing the downpayment." https://t.co/t7mYTQVPnY
Average monthly rents up 11.2% to $2,302 for average 732 square foot unit; construction growth at a 30-year high via https://t.co/MO98qaXcWY - * The good news: construction is at a 30-year high — much needed with a severe inventory ... https://t.co/REnF08N5Po
We get to choose: Toronto invited to choose from 10 designs for two new waterfront parks: the creative greening of Toronto via https://t.co/MO98qaXcWY - Toronto is getting a little greener with two new waterfront parks planned. The really ... https://t.co/2PHnzfGQeg
Go ahead and have another cuppa or eight: new meta-research shows coffee may boost longevity via https://t.co/MO98qaXcWY - The coffee run through the drive-through, and the lengthy pitstop at the local cafe or coffee franchise is as much a ... https://t.co/gf1WktWIAk
We get to choose: Toronto invited to choose from 10 designs for two new waterfront parks: the creative greening of Toronto via https://t.co/MO98qaXcWY - Toronto is getting a little greener with two new waterfront parks planned. The really ... https://t.co/i4zE95W0np
"Toronto is getting a little greener with two new waterfront parks planned. The really good news: Torontonians can help choose the designs. From a shortlist of five proposals for each — ten proposals for two separate parks — you can have your say..." https://t.co/nowtGi84g1
Go ahead and have another cuppa or eight: new meta-research shows coffee may boost longevity via https://t.co/MO98qaXcWY - The coffee run through the drive-through, and the lengthy pitstop at the local cafe or coffee franchise is as much a ... https://t.co/C7GUfU9tPo
Okay, coffee drinkers celebrate! "Amongst almost a half-million people studied, coffee drinkers were 10-15 percent less likely to die than abstainers. Also according to this research, genetic variants and volume of coffee had negligible effects."
https://t.co/sF2EqaZceY
With condos averaging $605,530, first-time homebuyers in Toronto faced with four main choices: buy a new condo; buy a resale condo; buy out of town; wait via https://t.co/MO98qaXcWY - There's a reason why people aspire to buy their first ... https://t.co/BAyNy26S0T
“Get out of town” lost its appeal for a lot of first-time home buyers; they remain focused on living close to Toronto’s centre despite the average price for a condo of $605,530. Add a little commute time and the averages drop to $450,672 in the 905. https://t.co/Mq1Ln9KhoH
Marijuana Legalization Update Part II: Information for Property Managers and Condo Boards via https://t.co/MO98qaXcWY - Part 2 of a 2-part update on Marijuana legalization in Canada. [For Part 1, see>>] The Ontario Real Estate Association ... https://t.co/AO2KzUGbpa