Articles
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4 weeks ago |
thespec.com | Victoria Gibson
The worst February on record for new home sales in the Greater Toronto Area saw nearly 17,000 new and pre-construction condo units languish on the market without buyers, a new report says. The monthly market analysis, conducted by Altus Group on behalf of the GTA-based Building Industry and Land Development Association, paints a picture of continued standstill in the new home sphere, as would-be buyers hesitate in the face of what are still, in many cases, prohibitively high prices.
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4 weeks ago |
wellandtribune.ca | Victoria Gibson |Andy Takagi
As Metrolinx sweeps up properties across the Toronto map, expropriating them from private owners for its Ontario Line project, a fight over land values in Liberty Village has left the provincial transit agency on the hook for tens of millions of dollars more than it initially expected to pay out.
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4 weeks ago |
stcatharinesstandard.ca | Victoria Gibson |Andy Takagi
As Metrolinx sweeps up properties across the Toronto map, expropriating them from private owners for its Ontario Line project, a fight over land values in Liberty Village has left the provincial transit agency on the hook for tens of millions of dollars more than it initially expected to pay out.
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1 month ago |
thespec.com | Victoria Gibson
As Canada’s housing market has pumped the brakes, squealing into stagnation amid high building costs and the risks of trade war, the federal government says it will offer $2.55 billion in low-cost loans for rental housing in Toronto — as a tradeoff for city hall offering some relief on development fees and taxes.
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1 month ago |
thespec.com | Victoria Gibson
For cash-strapped rental hunters in Burlington, a recent listing posted to social media might have seemed like a refuge; a two-bedroom apartment, on the basement level but bright and newly renovated, for less than $1,300 — around half of the average listing cost for a two-bedroom nearby. But that oasis was a mirage, says Jared Gardner, a GTA-based realtor who’d advertised the unit for roughly a thousand dollars more.
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