Sign Up | Archives January 28, 2016
T.O.'s debut six-storey wood-frame development
Heartwood the Beach Condos is poised to become Toronto’s debut six-storey wood-frame development. The collection of 40 luxury suites, set to rise on the northeast corner of Queen Street and Woodbine Avenue, is scheduled to enter construction this spring.
Pace of home price inflation to slow in 2016
The Toronto and Vancouver residential real estate markets led the country in strong gains during the fourth quarter of 2015, according to the recent Royal LePage House Price Survey and Market Survey Forecast.
Housing starts trended lower in December
According to Canada Mortgage and Housing Corporation (CMHC), the trend measure of housing starts in Canada fell to 203,502 units in December from 208,204 in November.
Trauma scene clean-up
On TV, crime shows do a great job of keeping viewers hooked with their scripts and special effects. But TV shows don’t typically delve into what happens after a dead body is removed from a site and the forensics team has gathered all their evidence.
Canadian home sales dipped in December
Canadian home sales dipped 0.6 per cent from November to December, according to statistics recently released by the Canadian Real Estate Association (CREA).
Rental market demand propels sector growth
Given all the new and competing stock that’s now available to prospective tenants, concerns might arise about long-term market sustainability and whether supply will outpace demand. But, as recent data supports, sector growth is expected to remain solid into the foreseeable future with both condo investors and apartment developers happily reaping the rewards.
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Overvaluation to impact markets in 2016: CMHC
The latest Housing Market Assessment (HMA) from Canada Mortgage and Housing Corporation (CMHC) reports moderate evidence of overvaluation in eight key housing markets across Canada during the first quarter of 2016.
New condo to create eastern gateway to Yorkville
Toronto’s Yorkville neighbourhood will have a new eastern gateway at the northwest corner of Yonge St. and Cumberland St. with the development of 8 Cumberland.

Demystifying condominium reserve fund studies
Even before 2001, when the current Condominium Act started to require reserve fund studies at least once every three years, the industry was grappling with how to make the best use of this financial planning tool.
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