Share RealNet Canada Inc released its data for Toronto in January a few weeks ago, and what it suggests is both good and bad. The news is good because sales for new high-rise condos were 1,017 in January 2010. This was the best January the industry has seen since 2005. However, low-rise homes didn’t fare [...]
Share If you are looking at any new homes lately, you have probably heard of “New Urbanism.” It sounds trendy and innovative, but is it just marketing-speak? What does “New Urbanism” actually mean? The site www.newurbanism.org says that New Urbanism “Gives people many choices for living an urban lifestyle in sustainable, convenient and enjoyable places, [...]
Share If you were planning on using the government’s Home Renovation Tax Credit, you’ve unfortunately missed your chance: the program ended at the beginning of February. However, now that is over, we are starting to get an idea of how it affected the real estate industry. A recent report released by the Toronto-Dominion Bank tries [...]
Share It’s official: MintoMidtown, a condominium project at Yonge and Eglinton in Toronto, has been certified with a Leadership in Energy and Environmental Design (LEED) Gold. With this certification, MintoMidtown is now the largest residential project that has achieved LEED Gold in North America. LEED is the most important environmental certification in real estate, and [...]
Share Earlier, we reported that the Competition Bureau has brought a case against the Canadian Real Estate Association (CREA). The argument that the Competition Bureau is making is that the CREA’s Multiple Listing Service (MLS) is anti-competitive, because all listings made through a real estate agent must be made through this system. They also argue [...]
Share Canada continues to see a strong housing market, according to the Canada Mortgage and Housing Corporation. Housing starts jumped to new heights recently and surpassed industry expectations. Housing starts hit 196,700 units in February, which is an increase – on a seasonally adjusted basis – from the 185,400 units started in January. This is [...]
Share A vast majority of home buyers decided whether or not to look inside a home, based on their first impressions of the outside… does it have “curb appeal?” ..the view they see when they drive by or arrive for a showing. You can ensure people want to come inside your home by spending some [...]
