Don’t Let Speculation Stop You from Buying a Condo for Sale in Downtown Toronto As the Toronto housing market situation spirals out of control, even those who were initially skeptical of the idea of levying a Vancouver-style 15 percent tax on foreign buyers in Toronto are now calling it a much-needed measure to stem demand.…Read more
High-Rise Living a Big Part of Toronto’s Luxury Condos Market
In days gone by, the idea of luxury condos and living in a high-rise building was not the most sought-after real estate. Previous generations placed a premium on land and property, focusing on the scale of their land rather than prioritizing other aspects of their living space and lifestyle. Times have changed significantly, though, and…Read more
Is It Time for a Correction in the Canadian Housing Market?
Canadian housing prices are being discussed at length by people across Canada. Residents of Toronto in particular are concerned about climbing prices and the viability of home ownership today and in the future. These concerns are not unfounded but, thankfully, there are still some affordable condo projects in Toronto. While the overall market looks to…Read more
Condominium Demand on the Rise, Despite Pricey Toronto Market
As the Canadian real estate market develops and grows, so does the demand for new condominiums for sale in Toronto, Ontario. Nearly 6,000 condo units were sold in a three-month period this year, despite a price increase of 2.8 percent. The steady increase in price has also affected the resale value of condo for sale…Read more