GTA

business

REMI Network

Avison Young acquires Metrix Realty Group

Avison Young has acquired Metrix Realty Group (Ontario) Inc., a Toronto-based property appraisal company, adding 18 employees to its operations team.
Hamilton

CondoBusiness

Hamilton in high demand by GTA buyers

Hamilton has been steadily gaining popularity among GTA home buyers as it is one of the more affordable options for those looking to purchase a
rental market

REMI Network

Steady leasing velocity in GTA Q3 office market

The flight to quality in the Greater Toronto Area (GTA) has continued into the third quarter of 2015, as demand is focused on Class A office space.
energy reporting

CondoBusiness

GTA sees 22.6-per-cent increase in condo rentals

The Toronto Real Estate Board (TREB) reported 9,635 condominium apartment rental transactions through the MLS System in the third quarter of 2015, which is a
condo rentals

CondoBusiness

GTA purpose-built construction hits 25-year high

According to Urbanation Inc.’s third quarter condo and purpose-built rental market report, the number of GTA condo units rented through the MLS system reached a
Toronto CityPlace

Canadian Apartment Magazine

GTA cap rate hits new benchmark low

The average cap rate in the GTA for the third quarter of 2015 (Q3’15) hit its lowest level in the last 30 years. Cap rate in Q3’15 stood at 3.75 per cent, down from 4.2 per cent in Q2’15 and down almost 50 per cent from the 6.3 per cent posted in Q3’10.
zoning

REMI Network

Leased GTA commercial space dips: TREB

The Toronto Real Estate Board reports a large decrease in leased industrial, commercial, retail and office space for August 2015 compared to August 2014.
home sales

Canadian Apartment Magazine

GTA apartment market summary: Q2 2015

After a sluggish opening three months in the GTA, the second quarter rebounded convincingly to reach its fifth best quarter of all-time in dollar volume, totaling $3.6 billion
rental market

REMI Network

GTA commercial sales and leases down in July

In the GTA, the total number of commercial space leased and sold declined on a year-over-year basis in July.
rental market

REMI Network

Suburbs top performer in Q2 GTA office market

The suburban office market outperformed the downtown and midtown markets in the Greater Toronto Area (GTA) in the last quarter.
Industrial decoupling trends in the GTA

REMI Network

Industrial decoupling trends in the GTA

There is an increased demand for traditional office space as industrial companies look to consolidate office operations in the Greater Toronto Area.
retail

REMI Network

RioCan details future developments

RioCan has announced development updates related to two properties in the Greater Toronto Area (GTA) and one in Alberta.
zoning

Construction Business

GTA home sales continue at record pace in June

Realtors have reported 5,661 GTA home sales through the Toronto Real Estate Board (TREB) MLS System between June 1 and 14.
Early May sales increased over last year: TREB

REMI Network

Early May sales increased over last year: TREB

Greater Toronto Area REALTORS® have reported a 9.6 per cent year-over-year increase in home sales during the first two weeks of May, according to TREB.
Toronto

CondoBusiness

TREB reports record-breaking April sales

The Toronto Real Estate Board (TREB) reported a total of 11,303 sales in April 2015, the highest number ever recorded for the month and a 17 per cent increase over April 2014. New listings also increased over the previous year, jumping up five per cent.
Construction Cranes

Canadian Apartment Magazine

Multi-family sector leads Ont. housing starts

According to the Canada Mortgage and Housing Corporation (CMHC), an increase in Ontario housing starts in the multi-family sector over the last several months can be attributed to low vacancy rates, growing prices in the detached housing market and increasing urban intensification.
retail

Canadian Property Management

Retail market trends on the GTA horizon: report

The demand for office property fueled a $10.3 billion investment surge in commercial sectors across the Greater Toronto Area (GTA) during 2014 and retail investment