Our CondoNow experts have narrowed down the top 10 real estate news stories from Jan. 8 – 19, 2018.
From the highly anticipated reconstruction of the LCBO Headquarters on Queens Quay, to the sky-rocketing Montreal Real Estate market, and what to expect from rising interest rates, we’ve cultivated a list of the top 10 stories. Here’s the latest news!
Sugar Wharf Development’s First Phase To Put 8,000 Residents On Toronto’s Waterfront
A new LCBO store and headquarters, a school and park will be part of the waterfront neighbourhood east of Yonge St.
Full Story On TheStar.Com
Toronto Mixed-Use Site A Hot Commodity
A prime piece of Toronto real estate already zoned for mixed-use development is on the block and attracting interest from a variety of potential purchasers…
Full Story On Renx.Ca
Scooch Over: Toronto Has Room For More Density, Study Says
Toronto’s population could triple and still be less dense than Brooklyn, N.Y., a Fraser Institute report suggests.
Full Story On TheStar.com
Montreal Real-Estate Sales Growth Hits 10-Year High While Toronto, Vancouver Sales Decrease
Sales growth exceeded 20 per cent in five of Montreal’s most popular boroughs.
Full Story On TheStar.Com
‘Peak Millennial,’ Condo Nation, And Other Toronto Real Estate Trends To Watch In 2018
Realtors expecting steady growth in sales and prices this year, even as new rules come into play.
Full Story On CBC.Ca
Tidbits And Trends From The Peel Region Real Estate Market Over Past Five Years
Like the rest of the Greater Toronto Area real estate market, the story in Peel over the last five years in one word has been: “Up”.
Full Story On Mississauga.Com
Strong Demand Underlies Healthy Toronto Luxury Market: Report
In Toronto, only 15 per cent of purchases in the city’s top-end neighbourhoods — the Bridle Path, Forest Hill and Rosedale — involved foreign purchasers.
Full Story On TheStar.Com
Rise In Condo Maintenance Fees Slowed Last Year, Says Study
Condo fees in Toronto rose only 2.5 per cent in 2017 over the previous year.
Full Story On TheStar.Com
New Influx Of Toronto House-Seekers Eyeing Hamilton
The influx of home buyers from the GTA moving to Hamilton is intensifying as a new wave of Torontonians try to offset the added costs of new mortgage rules and rising interest rates.
What To Expect From Rising Interest Rates
Is now the time to lock in your mortgage? Here’s what to look for when it comes to debt and saving.