GTA Trends

New Developments Market Update: November 2019

New home market at typical activity level in October October was a busy time in the GTA new home market, as is typically the case every year. Single-family home sales, with 1,296 detached, linked and semi-detached houses and townhouses (excluding stacked townhouses) sold, were up 178% from last October’s near-record low and even with the 10-year average, according to Altus Group* Sales of...

What is the Cash Flow Incentive?

Sales of new condos jumped to a near-record in the Toronto region in the second quarter of 2019 amid lower borrowing costs, with most growth coming outside of the city core. Sales surged 77% to 8,902 units from the same period last year, according to market research firm Urbanation Inc. That’s the second-highest level on record for the quarter, following the market peak of 11,413 pre-sales in the...

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