{"id":1838,"date":"2018-02-17T18:16:40","date_gmt":"2018-02-17T23:16:40","guid":{"rendered":"https:\/\/condonow.com\/learn\/?p=1838"},"modified":"2018-02-17T18:16:40","modified_gmt":"2018-02-17T23:16:40","slug":"top-10-real-estate-news-stories-from-feb-5-18-2018","status":"publish","type":"post","link":"https:\/\/condonow.com\/Learn\/top-10-real-estate-news-stories-from-feb-5-18-2018\/","title":{"rendered":"Top 10 Real Estate News Stories From Feb. 5 \u2013 18, 2018"},"content":{"rendered":"<p>Our CondoNow experts have narrowed down the top 10 real estate news stories from Feb 5 \u2013 18, 2018.<\/p>\n<p>From new condo sales already setting records for Toronto, to why the Real Estate Board cares where the city council gets its money, to Toronto&#8217;s median price decline, we\u2019ve cultivated a list of the top 10 stories. Here\u2019s the latest news!<\/p>\n<p><a href=\"https:\/\/www.canadianrealestatemagazine.ca\/market-update\/new-condo-sales-are-red-hot-across-canada-says-altus-group-237670.aspx\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1839\" src=\"http:\/\/blog.condonow.com\/learn\/wp-content\/uploads\/sites\/2\/2018\/02\/iStock-618759876-montreal-canada-condooo-buildingg-skyscraper-1.jpg\" alt=\"\" width=\"818\" height=\"543\" srcset=\"https:\/\/blog.condonow.com\/learn\/wp-content\/uploads\/sites\/2\/2018\/02\/iStock-618759876-montreal-canada-condooo-buildingg-skyscraper-1.jpg 500w, https:\/\/blog.condonow.com\/learn\/wp-content\/uploads\/sites\/2\/2018\/02\/iStock-618759876-montreal-canada-condooo-buildingg-skyscraper-1-300x199.jpg 300w, https:\/\/blog.condonow.com\/learn\/wp-content\/uploads\/sites\/2\/2018\/02\/iStock-618759876-montreal-canada-condooo-buildingg-skyscraper-1-310x205.jpg 310w\" sizes=\"auto, (max-width: 818px) 100vw, 818px\" \/><\/a><\/p>\n<div class=\"title_section\">\n<p class=\"page_title\"><strong>New Condo Sales are Red Hot Across Canada Says Altus Group<\/strong><\/p>\n<\/div>\n<p>The GTA was the hottest market with 36,429 unit sales in the year, setting a new record.<br \/>\n<a href=\"https:\/\/www.canadianrealestatemagazine.ca\/market-update\/new-condo-sales-are-red-hot-across-canada-says-altus-group-237670.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">Full Story on CanadianRealEstateMagazine.Ca<\/a><\/p>\n<p><a href=\"https:\/\/www.theglobeandmail.com\/real-estate\/toronto\/in-torontos-land-war-condo-builders-are-better-armed\/article37872588\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-1840\" src=\"http:\/\/blog.condonow.com\/learn\/wp-content\/uploads\/sites\/2\/2018\/02\/MESG56IZG5BPLNQUSFPUB6EOLU-1-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a><strong>In Toronto\u2019s Land War, Condo Builders Are Better Armed<\/strong><\/p>\n<p>With unrelenting demand and the deep pockets that brings with it, condo builders are consistently winning the contest for scarce building land in Toronto.<br \/>\n<a href=\"https:\/\/www.theglobeandmail.com\/real-estate\/toronto\/in-torontos-land-war-condo-builders-are-better-armed\/article37872588\/\" target=\"_blank\" rel=\"noopener noreferrer\">Full Story on TheGlobeAndMail.Com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/betterdwelling.com\/city\/toronto\/toronto-real-estate-gets-first-median-price-decline-since-2009\/#_\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-1841\" src=\"http:\/\/blog.condonow.com\/learn\/wp-content\/uploads\/sites\/2\/2018\/02\/Toronto-Real-Estate-Gets-First-Median-Price-Decline-Since-2009-1-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a><strong>Toronto Real Estate Gets First Median Price Decline Since 2009<\/strong><\/p>\n<p>Toronto real estate set a quiet record, that went largely uncelebrated last month. Numbers from the Toronto Real Estate Board (TREB) show that the median price declined. While it\u2019s not an end of time announcement, here\u2019s why you should care about it.<br \/>\n<a href=\"https:\/\/betterdwelling.com\/city\/toronto\/toronto-real-estate-gets-first-median-price-decline-since-2009\/#_\" target=\"_blank\" rel=\"noopener noreferrer\">Full Story on BetterDwelling.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/torontoist.com\/2018\/02\/toronto-real-estate-agents-sounding-alarm-citys-budget\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-1834\" src=\"http:\/\/blog.condonow.com\/learn\/wp-content\/uploads\/sites\/2\/2018\/02\/5EXDS3LVRNFSNJB3QFX6GTGAIQ-1-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a><\/p>\n<p><strong>Why Toronto Real-Estate Agents Are Sounding The Alarm Over The City\u2019s Budget<\/strong><\/p>\n<p class=\"excerpt\">Why does this real estate board care where city council gets its money? And why should it matter how the market is doing this January? If these are questions you\u2019re asking yourself in light of this recent (and somewhat confusing) complaint, read onwards.<br \/>\n<a href=\"https:\/\/torontoist.com\/2018\/02\/toronto-real-estate-agents-sounding-alarm-citys-budget\/\" target=\"_blank\" rel=\"noopener noreferrer\">Full Story on Torontoist.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.canadianrealestatemagazine.ca\/market-update\/national-home-price-index-up-toronto-reverses-downward-trend-237789.aspx\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-1842\" src=\"http:\/\/blog.condonow.com\/learn\/wp-content\/uploads\/sites\/2\/2018\/02\/iStock_expensive-house-home-coins-87960189_SMALL-1-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a><\/p>\n<div class=\"title_section\">\n<p class=\"page_title\"><strong>National Home Price index Up, Toronto Reverses Downward Trend<\/strong><\/p>\n<\/div>\n<p class=\"deck\">Toronto\u2019s gain was the first in 6 months and was almost entirely down to condos.<br \/>\n<a href=\"https:\/\/www.canadianrealestatemagazine.ca\/market-update\/national-home-price-index-up-toronto-reverses-downward-trend-237789.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">Full Story on CanadianRealEstateMagazine.Com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.thestar.com\/news\/city_hall\/2018\/02\/09\/city-to-strategize-on-how-to-stop-toronto-from-becoming-playground-for-the-rich.html\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-1843\" src=\"http:\/\/blog.condonow.com\/learn\/wp-content\/uploads\/sites\/2\/2018\/02\/josh_matlow-1.jpg.size_.custom.crop_.1086x724-1-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a><strong>City to Strategize on How to Stop Toronto From Becoming \u2018playground for the rich\u2019<\/strong><\/p>\n<p>Faced with crisis around affordability of rental housing, staff will develop plan to stop what one Councillor called the \u201cManhattanization\u201d of Toronto.<br \/>\n<a href=\"https:\/\/www.thestar.com\/news\/city_hall\/2018\/02\/09\/city-to-strategize-on-how-to-stop-toronto-from-becoming-playground-for-the-rich.html\" target=\"_blank\" rel=\"noopener noreferrer\">Full Story on TheStar.Com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.thestar.com\/news\/gta\/2018\/02\/13\/in-a-world-of-rising-rents-one-mans-search-in-toronto-for-an-affordable-place-to-call-home.html\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-1844\" src=\"http:\/\/blog.condonow.com\/learn\/wp-content\/uploads\/sites\/2\/2018\/02\/apartment_poster_jpg-1.jpg.size_.custom.crop_.518x650-1-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a><strong>In a City of Rising Rents, One Man\u2019s Search For an Affordable Place to Call Home in Toronto<\/strong><\/p>\n<p class=\"excerpt\">Inspired by all the great films he\u2019s seen at TIFF, Huy Do, 27, made his quest into a movie poster, marketing himself as the perfect tenant.<br \/>\n<a href=\"https:\/\/www.thestar.com\/news\/gta\/2018\/02\/13\/in-a-world-of-rising-rents-one-mans-search-in-toronto-for-an-affordable-place-to-call-home.html\" target=\"_blank\" rel=\"noopener noreferrer\">Full Story on TheStar.Com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.cbc.ca\/news\/canada\/toronto\/toronto-budget-2018-property-taxes-1.4529258\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-1845\" src=\"http:\/\/blog.condonow.com\/learn\/wp-content\/uploads\/sites\/2\/2018\/02\/canada-1-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a><strong>Toronto 2018 Budget Keeps Property Tax Down, Drawing Concerns<\/strong><\/p>\n<p>Toronto&#8217;s mayor says this year&#8217;s budget is &#8220;just right,&#8221; but one critic argues failing to hike property taxes above the rate of inflation will make the city less affordable for everyone.<br \/>\n<a href=\"http:\/\/www.cbc.ca\/news\/canada\/toronto\/toronto-budget-2018-property-taxes-1.4529258\" target=\"_blank\" rel=\"noopener noreferrer\">Full Story on CBC.Ca<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.bisnow.com\/seattle\/news\/construction-development\/seattles-crane-count-drops-below-50-84826\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-1846\" src=\"http:\/\/blog.condonow.com\/learn\/wp-content\/uploads\/sites\/2\/2018\/02\/5a7f514216123_Jan_crane_count-1-150x150.jpeg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a><\/p>\n<p><strong>Seattle Trails Toronto For Most Cranes, S.F. Has Highest Increase<\/strong><\/p>\n<p>Seattle has the most cranes in the United States, while Toronto, with 88, has the most cranes in North America.<br \/>\n<a href=\"https:\/\/www.bisnow.com\/seattle\/news\/construction-development\/seattles-crane-count-drops-below-50-84826\" target=\"_blank\" rel=\"noopener noreferrer\">Full Story on Bisnow.Com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.theglobeandmail.com\/real-estate\/toronto\/toronto-condo-numbers-set-new-records\/article37959424\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-1826\" src=\"http:\/\/blog.condonow.com\/learn\/wp-content\/uploads\/sites\/2\/2018\/02\/condos-1-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a><strong>Toronto Condo Numbers Set New Records<\/strong><\/p>\n<p>\u00a0Toronto&#8217;s condominium market hit another market milestone as the number of proposed apartments in the Greater Toronto Area passed 380,152 units in 2017.<br \/>\n<a href=\"https:\/\/www.theglobeandmail.com\/real-estate\/toronto\/toronto-condo-numbers-set-new-records\/article37959424\/\">Full Story on TheGobeAndMail.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our CondoNow experts have narrowed down the top 10 real estate news stories from Feb 5 \u2013 18, 2018. From new condo sales already setting records for Toronto, to why the Real Estate Board cares where the city council gets its money, to Toronto&#8217;s median price decline, we\u2019ve cultivated a list of the top 10 &hellip;<\/p>\n","protected":false},"author":5,"featured_media":1826,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,5,9],"tags":[],"class_list":["post-1838","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-first-time-investor","category-foreign-investor","category-seasoned-investor"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Top 10 Real Estate News Stories From Feb. 5 \u2013 18, 2018 - StoryLine By CondoNow<\/title>\n<meta name=\"description\" content=\"Our CondoNow experts have narrowed down the top 10 real estate news stories from Feb 5 - 18, 2018. 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