CHANGE IN HOUSING MARKET PROMPTS NEW WARNINGS: SELLER BEWARE Tess Kalinowski, The Star Image courtesty of: Matt Smith Jasmin Sheba had already sold her furniture in anticipation of moving this week when she learned the buyer of her house wanted $20,000 off the selling price to close the deal. He threatened to sue for the $10,000 deposit if he didn't get the reduction, she said. But the stay-at-home mother was defiant.  "I have a 2-year-old and, after all the house... [read more]

TORONTO HOUSING MARKET HAS A 'MISSING MIDDLE', NEW REPORT SAYS Shannon Martin, CBC News   Image courtesty of: Q4 Architects Inc. Call it the tale of Toronto's two housing markets: on one side are the million-dollar-plus single-detached homes, and on the other, those tiny boxes in the sky.  What's missing, is everything in the middle. "You've got the missing middle - townhouses, triplexes, duplexes," said Paul Smetanin, president of the... [read more]

LANEWAY HOUSING COMING TO TORONTO? Our leaders are looking at laneways to ease the city's housing crunch. So if you are a rat or a raccoon, better call the movers.  The idea, pushed by Davenport Councillor Ana Bailao, our official housing advocate, is to allow cosy abodes to be built on garages, parking pads and behind regular homes. This would transform back alleys into bustling residential zones. "Laneway suites have the potential to increase our housing supply in a... [read more]