Shaun Hildebrand
Canadian Apartment Magazine
Annual rent increase more than doubles average wage increase
Annual average rent in Canada rose 11.8 % in October, which is more than double the average hourly wage increase of 5.6 %.
CondoBusiness
New high for GTA condo construction
Condo construction in the Greater Toronto Area reached a new high in Q1 2019 as pre-sale launch activity dropped to a 10-year low and condo price growth began to slow.
Canadian Apartment Magazine
GTA rental completions reach 25-year high
With 1,849 new rental units coming to market since January 2019, GTA rental completions have reached a 25-year high according to the latest data from Urbanation.
CondoBusiness
GTA condo starts set Q2 record as sales slow
Condominium construction starts in the GTA reached a record 7,981 units in Q2-2018, according to Urbanation Inc.’s recent quarterly condo market results.
CondoBusiness
GTA condo rents surge nine per cent in Q4
According to Urbanation Inc., the number of condo units leased in Q4-2017 fell 11 per cent year-over-year as listings dropped by 16 per cent.
CondoBusiness
Report renews calls for more family-friendly housing in the GTA
A new report by Ryerson City Building Institute and Urbanation has brought renewed urgency to calls for more family-friendly housing in the GTA.
CondoBusiness
Record Q1 GTA condo sales cause inventory to drop
In Q1-2017, 9,932 new condominium apartments were sold across the GTA, an increase of 73 per cent year-over-year, a new high for the quarter.
CondoBusiness
GTA condo rents climb 12 per cent year-over-year
Urbanation has released its year-end 2016 rental results which find that condo rent in the former City of Toronto has increased an average of 12 per cent year-over-year.
CondoBusiness
Five per cent of new condo sales in the GTA made by foreign investors
According a survey from Urbanation Inc., five per cent of all GTA condo sales within projects currently in development are from foreign investors.
CondoBusiness
Housing affordability driving GTA condo market
What does the rise of detached home prices mean for the condo market? An expert explains how this trend is heating up competition in the high-rise segment.
CondoBusiness
Supply of new condo units drops to six-year low
According to a new Urbanation report, there were 7,731 new condo units sold in the GTA during Q2-2016, a 26 per cent increase year-over-year.
CondoBusiness
The great condo glut of 2015 that wasn’t
Market observers predicted a condo glut in Toronto in 2015, based on the volume of project launches in 2011. An expert explains why it never materialized.
