Media Clips

“We’ve never faced a slowdown in the States like we have now,” Howard Cohen of Context Development said. “We’ve had an unprecedented boom and I think the city is taking it for granted.”JOHN BARBER JOHN BARBER May 7, 2008 I once predicted my pet poodle would turn down the Order of Canada before the struggling […]

“Ontario, however, showed some signs of strength. Permits rose 7.3 per cent in March, with multifamily dwellings offsetting decreases in the non-residential sector.” LORI MCLEOD AND HEATHER SCOFFIELD May 7, 2008 Existing home sales are expected to fall 11.5 per cent in Canada this year and 4 per cent in 2009, according to a forecast

“I owe how much?” Real Estate Red Zone – Is Tarion Warranty Corp. Gouging Condo Investors? Part 4 Beware if you’re purchasing new to flip Bob Aaron Toronsto Star Apr 12, 2008 http://www.thestar.com/article/413122 Is Tarion on a campaign to extract a double set of registration fees and performance bonds (or fines) from investors who buy

Inspired by “Cry Me a River” – Justin Timberlake Real Estate Red Zone – enough with media Doom and Gloom. Part 3 You gotta love the media for giving us ulcer in the name of objective reporting… sell more papers anyone? Here is a Globe and Mail story titled Housing markets on shaky ground Prices

Toronto Condos: The newsmedia animal thrives on explosive captions, The Globe and Mail gave us one today, only to scroll down and discover… well… nothing much… as I posted in recent article series Toronto Condos Spring 2008 Prediction, expect the low-end to slow down – mainly b/c young buyers have been out-priced off the market

March 08, 2008 New condo launches in the first two months of 2008 nearly doubled those in the first quarter of 2007, according to Urbanation, a Toronto-based condominium market research firm. Sales for nine new highrise condo projects were launched during January and February, compared to five for the same period last year. Jane Renwick,

Feb 23, 2008 04:30 AM Tracy Hanes Toronto Star When Alvin Rosenberg was asked to comment on the proposed Condominium Act before it came into existence in 1967, little did he know the act would so dramatically affect the Ontario housing market over the next four decades. “I thought it would be a useful tool

Would apply after July 1 if approved by province, but documents’ legalese is certain to baffle many Feb 23, 2008 04:30 AM Bob Aaron Tarion Warranty Corporation is getting ready to implement changes to its new delayed closing regime for condominiums. Earlier this month, I wrote about the proposed changes to the delayed closing rules

John Bentley Mays, the Globe’s Architecture critic recently held an online discussion with G&M readers with, the topic was: “Are cookie cutter condos ruining Toronto?”. Gotta love the media for setting the stage as if condos are “cookie cutter”. Wait a second, has anyone walked around downtown and looked at the semis and detached “beauties”

* for information regarding any of these properties, please contact us * Feb 02, 2008 04:30 AM  Allison Harness Special to The Star This week, Condos on the Market looks at the Yonge St. corridor in North York. Parking and storage locker not included in price unless indicated. 1. AVONSHIRE: 100 Harrison Garden Blvd., just

Feb 09, 2008 04:30 AM The Victory condo in Toronto’s entertainment and fashion district near King St. W. and Spadina Ave. will appeal to young urban professionals who want to live near some of the city’s hippest restaurants, shops, clubs and theatres. The design philosophy for the 12-storey condo by BLVD Developments incorporates elements from

Brisk national building paced by multi-units, which offset a decline in detached home starts Feb 09, 2008 04:30 AM Tony Wong business reporter Thanks to a surge in condominium construction, Canadian housing starts had a robust start in 2008, even as the U.S. real estate market continues to fizzle. Foundations were poured for a more-than-expected

Eric Shackleton THE CANADIAN PRESS With interest rates being lowered in hopes of avoiding a recession and mortgage rates declining in tandem, buying a house in Canada should become more affordable this year, real estate observers suggest. In its latest housing affordability report released Thursday, Royal Bank of Canada said that after homeownership costs climbed

THE CANADIAN PRESS OTTAWA – Canada’s resale housing market will remain at or near record levels this year, the Canadian Real Estate Association predicted today. The realtors group said multiple listing service activity totalled a record 520,747 units in 2007, up 7.6 per cent from 2006 in the steepest increase since 2002, and this year’s