Real Estate

The Bank of Canada remained cautious on the recent strong performance in the Canadian economy and held its target for the overnight rate at 0.5 percent on May 24, as widely expected.

Stafford Homes in association with The Goldman Group take pride in raising the bar for residential development in any neighbourhood they build in. Their current freehold and condo townhouse projects at Downsview Park and luxury condominium residence in Lawrence Park in Toronto are prime examples of how quality of construction, excellent architecture, and desired locations […]

Westwood Gardens will bring a fresh, modern perspective to condominium living in Richmond Hill, offering a rich quality of life within this vibrant suburban community just north of Toronto. Set on the edge of an established residential neighbourhood, Westwood Gardens by Collecdev is steps away from peaceful tree-lined streets of gracious homes, yet its prime […]

LOS ANGELES—Global luxury home sales cooled off in 2016 for the second consecutive year, even with a record number of homes selling for more than US$100 million. A report released on May 10 by Christie’s International Real Estate shows that sales of homes priced at US$1 million or more edged up about 1 percent worldwide […]

The Toronto Real Estate Board (TREB) reported on May 3 that the total number of transactions in April slipped 3.2 percent from a year ago. Meanwhile, the average price for all properties in the Greater Toronto Area (GTA) in April rose by 24.5 percent year-over-year to $920,791. In March, prices skyrocketed by 33.2 percent. Listings […]

Kleinburg is presently one of the GTA’s best-kept secrets, rivalling areas like Yorkville and Forest Hill, but with the arrival of Kleinburg Crown Estates, it won’t be a secret for much longer. Kleinburg Crown Estates is a luxury home community featuring 60- and 70- foot lots, while its builders, Caliber Homes and SkyHomes, have remarkably […]

The time is ripe for the emergence of a residential mortgage-backed securities (RMBS) market in Canada.

The Bank of Canada reiterated its expectation that recently enacted stricter mortgage insurance eligibility criteria, the elevated level of household debt, and higher long-term borrowing costs will cool Toronto's scorching housing market.

TORONTO—The average selling price of all homes in the Greater Toronto Area skyrocketed last month, climbing 33.2 percent from a year ago to $916,567. The latest data from the Toronto Real Estate Board comes as policy-makers mull potential measures to slow the rapid pace of price growth. Here are some of the factors believed to […]

The Greater Toronto Area’s housing crunch hasn’t just resulted in a diminution of affordable houses for sale; it’s also making newer ones narrower. But a 28-unit boutique townhouse development in Vaughan located at Weston Rd. and Major Mackenzie Dr. slated for a springtime release promises to buck the trend and make homes feel the way […]

When Mark Mandelbaum and Barry Fenton formed Lanterra Developments in 1999, they had a vision to create condominium buildings that would raise the bar for architecture, design and amenities and help to position Toronto as a global city of the future. Nearly two decades later, Mandelbaum and Fenton—both law school graduates with extensive real estate […]

Recent data show Toronto’s housing market is heading down the same dangerous road Vancouver’s was on.

Top Toronto brokerage Milborne Group and Miami’s Pordes Residential have formed a strategic partnership to sell South Florida luxury real estate to wealthy Canadians. Their initial efforts are focused on two ultra-luxe Miami projects: The Ritz-Carlton Residences, Sunny Isles Beach, developed by Fortune International Group and Château Group; and Fendi Château Residences, developed by Château […]