Locate Condo | Top Toronto Condos https://locatecondo.com Tue, 20 Aug 2024 16:02:04 +0000 en-US hourly 1 https://wordpress.org/?v=5.6.15 Understanding the Dynamics of Toronto’s Condo Market: Key Insights and Future Predictions – August 20, 2024 https://locatecondo.com/understanding-the-dynamics-of-torontos-condo-market-key-insights-and-future-predictions/ Tue, 20 Aug 2024 15:32:46 +0000 https://locatecondo.com/?p=184004 The Toronto condo market is currently experiencing a complex dynamic characterized by rising listings and stagnant sales. Many prospective buyers are left wondering: why are condo prices not falling despite a record number of listings? In this article, we will explore the various factors contributing to this phenomenon, analyze current market statistics, and offer insights […]

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]]> Not everyone is thrilled with the design plans for Toronto’s new island neighbourhood https://locatecondo.com/not-everyone-is-thrilled-with-the-design-plans-for-torontos-new-island-neighbourhood/ Mon, 22 Apr 2024 22:20:02 +0000 https://locatecondo.com/?p=176092 A new community coming to Toronto’s waterfront as part of the eco-engineering marvel that is the Port Lands Flood Protection Project has made some particularly magnificent strides in the last few weeks, but just as the land is being primed for the new precinct, people are chiming in with a few pieces of constructive criticism. […]

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]]> Canada’s Inflation Rate Rises To 2.9% In March https://locatecondo.com/canadas-inflation-rate-rises-to-2-9-in-march/ Mon, 22 Apr 2024 22:12:39 +0000 https://locatecondo.com/?p=176087 This morning, Statistics Canada (StatCan) published its anticipated March inflation report. The Consumer Price Index (CPI) rose 2.9% on a year-over-year basis in March, up from a 2.8% gain in February. Economists had predicted that the Consumer Price Index (CPI) would tick up in March thanks, in part, to an increase in gasoline prices. Gasoline […]

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]]> Canada cancels first-time home buyer incentive https://locatecondo.com/canada-cancels-first-time-home-buyer-incentive/ Mon, 11 Mar 2024 19:55:21 +0000 https://locatecondo.com/?p=170597 Canada’s housing agency says it is ending the first-time homebuyer incentive program, which many had criticized as unhelpful. According to the Canadian Press, Canada Mortgage and Housing Corp. said in a notice on its website that the deadline for new or updated submissions to the program is midnight Eastern time on March 21. The plan […]

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]]> Bidding wars threaten Toronto housing market as home sales jump by 37% https://locatecondo.com/bidding-wars-threaten-toronto-housing-market-as-home-sales-jump-by-37/ Mon, 11 Mar 2024 19:39:08 +0000 https://locatecondo.com/?p=170577 Greater Toronto home sales soared 37% in January / February compared with the same month a year ago as lower borrowing costs associated with fixed-rate mortgages lured some buyers back to the market. Bidding wars are also storming back in some choice Toronto GTA locations. Last month’s 4,223 home sales also marked a 22.9 per […]

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]]> We could reach 2% inflation by this summer: National Bank https://locatecondo.com/we-could-reach-2-inflation-by-this-summer-national-bank/ Tue, 27 Feb 2024 21:47:18 +0000 https://locatecondo.com/?p=168524 Could Canada’s headline inflation rate reach the neutral target of 2% by this summer, a full year sooner than the Bank of Canada’s own forecasts? National Bank of Canada thinks so. In a new report, economist Taylor Schleich argues that there’s actually a “clear path” to 2% inflation by the middle of this year. “To […]

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]]> What do you do when you are stuck with a pre-construction home or condo? https://locatecondo.com/what-do-you-do-when-you-are-stuck-with-a-pre-construction-home-or-condo/ Sat, 03 Feb 2024 18:44:27 +0000 https://locatecondo.com/?p=166388 A common problem today for would-be buyers of pre-construction homes or condominiums is when the property values have dropped, interest rates have jumped to make financing impossible, and reselling at a loss in a depressed market is not realistic. William’s predicament is not uncommon. Back in September, 2021, he signed an agreement to buy a […]

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]]> 2024 is the investment year on whatever assets which has been affected by interest rates and are in sale!! https://locatecondo.com/2024-is-the-investment-year-on-whatever-assets-which-has-been-affected-by-interest-rates-and-are-in-sale/ Thu, 18 Jan 2024 16:19:47 +0000 https://locatecondo.com/?p=164615 64 countries (plus the European Union) are expected to hold national elections in 2024, representing a combined population of about 49% of the people in the world Learning from the history on election years quantitative easing was a common political solution !!! Below list are representing the expected national elections in 2024 in the world: […]

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]]> Ranked: Canada’s Housing Markets, by Price Growth in 2023 https://locatecondo.com/ranked-canadas-housing-markets-by-price-growth-in-2023/ Sat, 06 Jan 2024 15:22:16 +0000 https://locatecondo.com/?p=163675 Ranked: Canada’s Housing Markets By Price Growth in 2023 Between 2010 and 2022, real Canadian housing prices jumped 90%, making Canada one of the most expensive and unaffordable housing markets in the world. We visualize the average price of housing across Canada’s provinces and territories in 2023 (excluding Nunavut), based on data from the Canada […]

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]]> Activity in downtown Toronto at highest level in years, but experts say there’s still a long way to go https://locatecondo.com/activity-in-downtown-toronto-at-highest-level-in-years-but-experts-say-theres-still-a-long-way-to-go/ Fri, 05 Jan 2024 18:09:25 +0000 https://locatecondo.com/?p=163634 Downtown Toronto appears to finally be bouncing back nearly four years after the onset of the pandemic, but it could still be a while before the city returns to its former glory, experts say. According to research by the University of Toronto’s School of Cities, which has been monitoring cellphone activity in major North American […]

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