Toronto

The GTA new home market saw strong sales in October, typical for this time of year, as single-family home inventory continued to slip, according to  the Building Industry and Land Development Association (BILD).Total October new home…

MONTREAL – Laurentian Bank of Canada is cutting in half its office space in downtown Montreal, Toronto and Burlington, Ont., as part of its strategic plan that it will unveil in a couple of weeks. The Montreal-based bank says the…

Almost two years into the pandemic, Toronto’s Financial District remains mostly devoid of workers (77 per cent below 2019 levels) according to the Toronto Region Board of Trade’s Recovery Tracker tool. The Recovery Tracker now uses…

According to data from the recently released Urbanation Inc., Q3-2021 Condominium Market Survey, new condominium apartment sales in the Greater Toronto Area totaled 7,773 units during the third quarter of 2021, increasing 22%…

TORONTO – Prospective homebuyers in the Greater Toronto Area found dramatically fewer homes on the market last month than they did a year ago, pushing sales down and prices up.The Toronto Regional Real Estate Board said Wednesday that…

International property and construction consultancy firm Rider Levett Bucknall (RLB) has released its latest Crane Index and Quarterly Cost Report. Together, the two documents provide a perspective on the North American construction…

Vandyk Properties (Vandyk), has announced PCL Construction as the official construction manager of record for the master-planned, community of Grand Central Mimico in Etobicoke.According to Vandyk, Grand Central Mimico marks the…

Toronto Regional Real Estate Board says the market kicked off the fall selling season with an 18 per cent year-over-year decrease in homes sold in September and a 34 per cent drop in new listings.The board revealed Tuesday that…

Monthly rents have risen in most GTA cities, areas; Average rent for apartments in Toronto in August rose 8% to $2,094 per month from March low of $1,938

CBRE says Canada’s national office vacancy rate rose to 15.7% in the third quarter of 2021, surpassing levels reached during the dot-com bubble and global financial crisis. But the outlook is improving, and although the fourth wave has…