Sunny Purewal

  10/10/2019 | Posted in Canadian Housing Market by Sunny Purewal
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Steady demand for lower-cost housing in Toronto, Vancouver, and Montreal has impelled much-intensified condo market activity this fall, if the latest figures from these ... More

Real Estate & Mortgage News

  9/17/2019 | Posted in Toronto Real Estate by Sunny Purewal
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Amid newfound momentum due to an upward trend in detached home sales, Toronto remains probably the best real estate investment destination in Canada, according to RE/MAX.

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Real Estate & Mortgage News

  7/29/2019 | Posted in GTA Real Estate by Sunny Purewal
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The market for condo apartments remained strong in the Greater Toronto Area in the second quarter.

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Real Estate & Mortgage News

  7/12/2019 | Posted in Toronto Real Estate by Sunny Purewal
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Amid sustained high levels of demand, condos continued to be the fastest appreciating residential property type in the Greater Toronto Area according to a new report.

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Real Estate & Mortgage News

  5/3/2019 | Posted in GTA Real Estate by Sunny Purewal
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A report issued yesterday by market analysis experts Urbanation shows a continued decline in Greater Toronto Area (GTA) new development launches and sales, occurring at the ... More

Real Estate & Mortgage News

  4/16/2019 | Posted in Toronto Real Estate by Sunny Purewal
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A staggering new analysis of foreign-owned residential properties in Canada reveals that at least 10 per cent of all condos built in Toronto between 2016 ... More

Real Estate & Mortgage News

  2/4/2019 | Posted in GTA Real Estate by Sunny Purewal
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Sales of newly-built condos in the Greater Toronto Area fell back to more normal levels in 2018 following the stellar performance of the previous year.

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Real Estate & Mortgage News

  1/30/2019 | Posted in GTA Real Estate by Sunny Purewal
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Condo apartment sales in the Greater Toronto Area fell in the fourth quarter of 2018 and renters were put under greater pressure.

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Real Estate & Mortgage News

  11/14/2018 | Posted in GTA Real Estate by Sunny Purewal
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Condo affordability is fuelling the rise of vertical growth, with resale condominium apartments and townhomes in the Greater Toronto Area (GTA) now representing almost 37 per ... More

Real Estate & Mortgage News

  11/1/2018 | Posted in GTA Real Estate by Sunny Purewal
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Condo prices continue to rise in the Greater Toronto Area even as new supply eases inventory pressures.

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Real Estate & Mortgage News

  10/26/2018 | Posted in Luxury Real Estate by Sunny Purewal
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Toronto and Vancouver condo units in the $1-2 million price range have attracted a healthy proportion of buyers over the past few years, according to the2018 RE/MAX Spotlight ... More

Real Estate & Mortgage News

  10/11/2018 | Posted in Toronto Real Estate by Sunny Purewal
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Toronto condo rents jump 7.6% to $2,385 per month in third quarter.

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Real Estate & Mortgage News

  7/13/2018 | Posted in GTA Real Estate by Sunny Purewal
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Condo investors in the Greater Toronto Area are seeing strong gains in rents according to a new report.

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Real Estate & Mortgage News

  7/6/2018 | Posted in New Developments by Sunny Purewal
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Canada's steel tariffs will significantly increase the prices of structural steel products.

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Real Estate & Mortgage News

  5/26/2018 | Posted in Toronto Real Estate by Sunny Purewal
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Move over, millennials - boomers have become a force in Toronto’s luxury condo market

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Real Estate & Mortgage News

  2/10/2018 | Posted in Rental Market by Sunny Purewal
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A new city report released on Friday says purpose-built apartment rent increases in 2017 soared to a 15-year high while vacancy rates sank to their lowest level in 16 ... More

Real Estate & Mortgage News

  2/5/2018 | Posted in GTA Real Estate by Sunny Purewal
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Condo developers in Toronto are under extreme pressure to deliver more units as demand continues to escalate.

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Real Estate & Mortgage News

  1/25/2018 | Posted in Toronto Real Estate by Sunny Purewal
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In its latest data release, the Toronto Real Estate Board stated that the average selling price for condominium apartments went up by 17.9% on a year-over-year basis in the ... More

Real Estate & Mortgage News

  1/10/2018 | Posted in Canadian Housing Market by Sunny Purewal
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Dubbed the 'Year of the Condo,' owning a piece of real estate in the sky proved the smartest bet last year, according to a new report released this morning.

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Real Estate & Mortgage News

  12/22/2017 | Posted in Canadian Housing Market by Sunny Purewal
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Canadian mall owners are adding condos and apartments to their shopping centers, seeking to capitalize on a supply-constrained housing market while reducing exposure to a ... More

Real Estate & Mortgage News

  12/10/2017 | Posted in New Developments by Sunny Purewal
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Canada Mortgage and Housing Corp. says the pace of housing starts picked up in November, with condo building in Toronto driving the trend.  

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Real Estate & Mortgage News

  11/25/2017 | Posted in Toronto Real Estate by Sunny Purewal
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The Building Industry and Land Development Association says the GTA's supply of newly constructed condos last month hit its highest level since it began tracking that data ... More

Real Estate & Mortgage News

  11/1/2017 | Posted in GTA Real Estate by Sunny Purewal
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The unsold inventory of new condo units in the Greater Toronto Area has increased for the first time since the end of 2015.

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Real Estate & Mortgage News

  10/25/2017 | Posted in Toronto Real Estate by Sunny Purewal
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Condos in Toronto were selling at 22% more in the third quarter of 2017 compared to a year earlier.

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Real Estate & Mortgage News

  9/22/2017 | Posted in Toronto Real Estate by Sunny Purewal
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Toronto’s condo boom is surprising many observers with its resilience even as prices of detached homes slump. However, recent interest rate hikes and rent control ... More

Real Estate & Mortgage News

  8/7/2017 | Posted in GTA Real Estate by Sunny Purewal
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Housing trends show clear evidence that the Places to Grow intensification policy introduced a decade ago has now come into full effect.

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Real Estate & Mortgage News

  8/3/2017 | Posted in GTA Real Estate by Sunny Purewal
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For the second consecutive quarter, new condo apartment sales in the Greater Toronto Area have reached a new high.

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Real Estate & Mortgage News

  7/26/2017 | Posted in GTA Real Estate by Sunny Purewal
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There was a surge in sales of newly built condos in the Greater Toronto Area in June.

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Real Estate & Mortgage News

  7/25/2017 | Posted in Toronto Real Estate by Sunny Purewal
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Toronto’s home sales may have seen a big slump in June but the condo market has shown relative resilience in the second quarter of 2017.

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Real Estate & Mortgage News

  6/28/2017 | Posted in Ontario News by Sunny Purewal
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The Ontario government is considering a review of preferential sales practices for pre-construction condos as part of its wide-ranging reforms of the housing market.

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