ITRealty Real Estate News & Market Trends

20-storey condo tower imagined for Yonge and Steeles shopping plaza
July 14, 2020
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News on the Internet 20-storey condo tower imagined for Yonge and Steeles shopping plaza Location: 6080 Yonge Street, North York Developer: A1 Developments Architect: DIALOG A shopping plaza in North York’s Newtonbrook neighbourhood could be overhauled into a brand new condominium complex. Last month, a zoning bylaw and official plan amendment application was submitted to city planners on behalf of […]

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Elad Canada owner moves to sell company in $608 million deal
July 13, 2020
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Further details have emerged about an ongoing acquisition deal between investors and prominent Canadian developer, Elad Canada. Today, Elad Canada released a statement outlining the recent signing of a non-binding letter of intent between Elad Group, the Canadian subsidiary’s controlling shareholder, and real estate companies Plaza Partners and Argent Ventures who are moving to acquire Elad Canada. Read more SmartCentres […]

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10 new living room designs for your Friday inspiration
July 10, 2020
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Miner Road in Orinda, CA by Faulkner Architects; Photo: Joe Fletcher In case you haven’t checked out Archinect’s Pinterest boards in a while, we have compiled ten recently pinned images from outstanding projects on various Archinect Firm and People profiles. Tip: use the handy FOLLOW feature to easily keep up-to-date with all your favorite Archinect profiles! Read more The Median Cost For A Two-Storey Home in […]

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Canadian Cities Slow New Home Building, But Toronto Starts Rip Over 40% Higher
July 9, 2020
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Canadian cities are starting fewer new home building projects during the pandemic. Canada Mortgage and Housing Corporation (CMHC) data shows urban housing starts fell in Q2 2020. Despite a general slowdown, Toronto continued to push to a multi-year high for new projects started. Canadian Urban Housing Starts Fall Canada’s urban housing starts fell, as housing activity slowed […]

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Toronto Region Home Prices and Sales by Property Type
July 9, 2020
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Toronto Home Prices in June Exceed Pre-COVID Levels, Growing 2% Since February 2020: TRREB The Toronto Region housing market recovered considerably in June following a significant slowdown due to COVID-19. As cases started to decline across the province and the economy began to open up, more buyers and sellers jumped off the sidelines and returned […]

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The Least and Most Competitive Real Estate Markets Across Canada
June 19, 2020
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News on the Internet COVID-19: Despite Large Drop in Sales, Housing Market Competition in Canada Remains Similar to Last Year [REPORT] The Canadian Real Estate Association (CREA) monthly report for May released earlier this week revealed that national home sales dropped 40% year-over-year (y-o-y), and new listings declined at a similar rate (38%) annually. These findings are […]

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71-Storey Tower Among Plans for Toronto Harbourfront Skyline Site
June 17, 2020
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News on the Internet 71-Storey Tower Among Plans for Toronto Harbourfront Skyline Site The recent removal of the Gardiner Expressway’s Yonge-York-Bay off-ramp in Downtown Toronto in favour of the Lower Simcoe Street ramp has opened up the south side of Harbour Street east of Simcoe for redevelopment. Last year, the 1.24-acre site at 200 Queens Quay West, […]

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Toronto Now Fastest Growing City and Metro Area in US and Canada
June 10, 2020
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News on the Internet Toronto Now Fastest Growing City and Metro Area in US and Canada A new report from Ryerson University‘s Centre for Urban Research and Land Development (CUR) highlights the continued growth of Toronto and the surrounding region, being hailed once again as the fastest growing city across the entire United States and Canada, and now also taking […]

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