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‘Fierce’ competition for few units pushes prices higher as hot housing market keeps millennials in rentals. At the end of January, Nicole Meredith got a big, unpleasant surprise. The rent on her one-bedroom condo apartment in Queen West was jumping in just 90 days from $1,275 a month to $1,700
Active Home-Building Industry Will Lead to More Demand for Warehouse Space Strong consumer spending and the rise in housing construction activity are currently the prime factors for the incredible rebound of the U.S. industrial real estate sector, and experts say as home buying continues to increase, so will demand for
The choice between buying a new independent house and owning a new condo in Toronto would soon be a difficult one. According to Canada’s leading real estate information services company, RealNet Inc., the price difference between a new single-family detached home and a new condo has reached almost $300,000 in February
The gap between the price of new condos and the price of new homes is widening in Toronto, hitting close to $300,000 in February according to RealNet. RealNet figures show the average price of new detached home or townhouse was $733,578 in February, compared with $442,672 for a condo, a
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