Latest News

23 Jan 24

Average GTA Rents See Largest Quarterly Decline Outside The Pandemic

TORONTO STOREYS PUBLISHED: January 23, 2024 Written by: Zoe Demarco Photo by Adrien Olichon from Burst According to new data from Urbanation, the average rent for a condo in the...
03 Nov 23

Survey Says: Nearly Half Of Canadian Renters Actually ‘Prefer’ To Rent

A national, first-of-its-kind survey hones in on the lived experience of today’s tenants, and reveals that 46% rent by choice. TORONTO STOREYS PUBLISHED: September 13, 2023 Written by: Zakiya Kassam...
29 Sep 23

Toronto Green-Lights 6 Storeys On Major Streets, Extends RGI Registration Deadline

Toronto Housing Chair Gord Perks says that policy alone won’t solve the city’s housing challenges, and calls on the federal and provincial governments to “step up” and invest in housing....
14 Sep 23

“It Will Move The Needle”: The Industry Reacts To Feds Removal Of GST On New Rentals

For years, the real estate development industry has identified GST as a simple change that would go a long way towards helping rental development. TORONTO STOREYS PUBLISHED: September 14, 2023...
06 Sep 23

Over 30 GTHA Condo Projects Delayed As Developers Await “Better Market” For Launch

An additional 8,000 units would have been added to the Toronto and Hamilton area’s housing supply stock if not for affordability challenges brought on by sticky inflation and rate realities....
04 Aug 23

GTA Condo Developers Are Dropping Prices For First Time In 10 Years As Sales Slow

Discounting prices, says a new report, is one way in which condo developers are attempting to entice purchasers to invest in their projects as affordability challenges rage on. TORONTO STOREYS...
29 May 23

More than half of GTA condo investors losing money on properties, says new report Social Sharing Facebook Twitter Email Reddit LinkedIn

‘A change in investor behaviour is on the horizon,’ report says The research from the Canadian Imperial Bank of Commerce and real estate research firm Urbanation found 48 per cent...
12 Apr 23

Bank of Canada Holds Key Interest Rate at 4.5%

TORONTO STOREYS PUBLISHED: April 12, 2023 Written by: Laura Hanrahan
07 Apr 23

Housing must be a priority in Toronto’s upcoming mayoral byelection

Mayor must focus on housing shortage, development process, efficient land use, and provision of infrastructure, community services, says Dave Wilkes. TORONTO STAR PUBLISHED: April 7, 2023 Written by: Dave Wilkes...
13 Mar 23

Notorious ICE Condos Enters Into Exclusive Partnership With Airbnb

TORONTO STOREYS PUBLISHED: March 13, 2023 Written by: Zakiya Kassam
03 Mar 23

GTA Rental Housing Supply Gap to Double Over Next 10 Years

TORONTO STOREYS PUBLISHED: February 9, 2023 Written by: Zakiya Kassam Photo By: Lucas George Wendt from Burst
04 Feb 23

Record number of condos to flood Toronto market in 2023

THE GLOBE & MAIL PUBLISHED: January 3, 2023 Written by: RACHELLE YOUNGLAI – REAL ESTATE REPORTER Photo by Tomáš Hustoles from Burst