While the rest of the GTA housing market has had a bumpy year, the new condo market has been thriving for months. Last quarter, new condo sales in the area grew 4% year over year, the third highest Q3 sales volume in 10 years, according to a new report from real estate research firm Urbanation. While that's still down 46% from Q3 2018's record 25,839 sales, it's further proof that the market has remained strong despite rising interest rates and stricter mortgage rules imposed... [read more]

While the rest of the GTA housing market has had a bumpy year, the new condo market has been thriving for months. Last quarter, new condo sales in the area grew 4% year over year, the third highest Q3 sales volume in 10 years, according to a new report from real estate research firm Urbanation. While that's still down 46% from Q3 2018's record 25,839 sales, it's further proof that the market has remained strong despite rising interest rates and stricter mortgage rules imposed... [read more]

Grammy award-winning artist, songwriter and producer Pharrell Williams is collaborating with developers on a new midtown Toronto condominium project. Westdale Properties and Reserve Properties launched the marketing for their two-tower residential development, called untitled., today during a press event in Yonge-Dundas Square. Williams, who introduced the project via video on the screens across the public square, partnered with the developers on the design and creative elements of the... [read more]

TORONTO IS CURRENTLY BEING SWEPT UP BY MEGA DEVELOPMENTS Lauren O'Neil, blogTO Image courtesty of: Wynford Green via Diamond Corp. Nowhere is the rapid pace of Toronto's growth more obvious than in blueprints for future developments.  Within five years, Toronto is expected to see dozens of new master-planned communities built around the city by powerful consortiums of architects, developers and urban planners. The construction of condo buildings is something... [read more]

NOBU EXECUTIVES SAY THEY'RE UNCONCERNED ABOUT A TORONTO REAL ESTATE BUBBLE David Friend, The Canadian Press Image courtesty of: Chris Young, Canadian Press Executives behind the star-powered Nobu Toronto development, which includes 660 condominium suites, a hotel, and the first Nobu restaurant in Canada say they're not concerned about a real estate bubble in the city. Founded by celebrity chef Nobu Matsuhisa, Academy Award winner Robert De Niro and Hollywood producer Meir... [read more]