Low-rise condos are typically one to nine stories high and offer more units per floor when contrasted with high-rises.
Condo sales in June fell 29 per cent year-over-year according to the Toronto Regional Real Estate Board (TRREB).
Developers in Ontario are offering unprecedented incentives like extended deposit structures and free amenities to boost home sales and manage high inventory levels in 2024.
Canada's residential mortgage debt hit $2.16 trillion in February 2024, with the slowest growth in 23 years at 3.4%, due to high mortgage costs and interest rate uncertainty.
Ontario's new legislation, the Homeowner Protection Act, 2024, enhances protections against fraud, introduces a 10-day cooling-off period for new homebuyers, and boosts condo community safeguards.
Toronto's rental construction surged to its highest since the 1990s due to population growth and economic factors but is now slumping due to rising costs and regulatory challenges
April 2024: Downtown Toronto sees varied home price changes by neighborhood. Discover how key areas performed!
72% of Canadians delay home purchases, waiting for interest rate cuts to make homebuying more affordable, reveals BMO survey
Discover why low-rise homes are trending in Ontario's housing market: suburban feel, urban convenience, and affordability.
Embark on GTA's 2024 real estate journey: evolving dynamics pave way for enticing pre-construction prospects amidst shifting market trends.
8300 Woodbine Ave #405
Markham, ON
L3R 9Y7
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