Real Estate News

T.O.’s pre-construction condo market cooling <renx.us5.list-manage.com/track/click?u=d66997478044aa776e96a0795&id=9483a0f79e&e=250614e47e>
Residential • Globe and Mail (Sub. required) <renx.us5.list-manage.com/track/click?u=d66997478044aa776e96a0795&id=23e6943fe9&e=250614e47e> Investor sentiment has started to cool for new Toronto condos, the latest sign that the sharp rise in borrowing costs is slowing the country’s frenetic real estate market, according to Urbanation president Shaun Hildebrand.

Job vacancies hit record high of more than 1 million in March: StatCan – InfoTel.ca <www.google.com/url?rct=j&sa=t&url=https://infotel.ca/newsitem/statcan-payroll/cp751819304&ct=ga&cd=CAEYACoTODAwOTIxNTk1MzUwMTc0MjY3ODIZZWQxYzlhOTAzMzY3MzFiYjpjYTplbjpDQQ&usg=AOvVaw0xiU68IIcCKDUIVdj…> InfoTel.ca A sign announcing hiring sits at the General Motors facility in *Oshawa*, Ontario on Monday April 4, 2022. Statistics Canada says the number of job …

Surburban GTA home prices, sales dip faster than downtown <renx.us5.list-manage.com/track/click?u=d66997478044aa776e96a0795&id=2e8651619d&e=250614e47e>
Residential • Toronto Star <renx.us5.list-manage.com/track/click?u=d66997478044aa776e96a0795&id=61fc1ee1cf&e=250614e47e> The housing market cooldown prompted by rising interest rates is being felt more acutely in the suburbs of Toronto, where sales and selling prices are trending downward at a fast pace as borrowing costs rises and offices reopen.

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Departure from big cities slows due to return to office <renx.us5.list-manage.com/track/click?u=d66997478044aa776e96a0795&id=252f69764d&e=250614e47e>
Residential • Canada Newswire <renx.us5.list-manage.com/track/click?u=d66997478044aa776e96a0795&id=9dca509e63&e=250614e47e> • Financial Post <renx.us5.list-manage.com/track/click?u=d66997478044aa776e96a0795&id=dcee9a4946&e=250614e47e> As Canadians return to the office post-pandemic, BMO’s <renx.us5.list-manage.com/track/click?u=d66997478044aa776e96a0795&id=71e8217d5f&e=250614e47e> latest housing survey has found that despite the increasing housing costs and rising inflation, interest in purchasing a home in major city centres has increased by five per cent since last year.

Toronto again tops North American crane count <renx.us5.list-manage.com/track/click?u=d66997478044aa776e96a0795&id=73dd808730&e=250614e47e>
Residential, Commercial • Daily Commercial News <renx.us5.list-manage.com/track/click?u=d66997478044aa776e96a0795&id=baa7df952c&e=250614e47e> Toronto continues to blow away the field in the semi-annual North American crane count index conducted by Rider Levett Bucknall. In Q1 2022, Toronto had 252 cranes working on construction projects, far outdistancing No. 2 on the crane index, Los Angeles, which had 51.