Condos

GTA

CondoBusiness

Foreign buyers investing in newer condos: CMHC

Canada Mortgage and Housing Corporation (CMHC) has released a new Housing Market Insights (HMI) report focusing on foreign ownership in Canada’s housing markets, a topic
Toronto Condos

CondoBusiness

Outlook strong for Canadian condos: RE/MAX

According to the latest Housing Market Outlook Report from RE/MAX, the Canadian condominium market is expected to remain strong and healthy in 2015. Throughout 2014, “condominiums continued to grow their share of the market in many regions,” the report stated. As such, a lack of affordable single-family homes in areas such as Toronto and Vancouver, made condos an attractive option for first-time homeowners and young families.