10/16/2020 | Posted in Home Buyers by Shavin Patel
  SHARE

Are you considering buying a pre-construction home or condo? Tarion compiled a few tips to help buyers navigate the new home buying process.

... More

Real Estate & Mortgage News

  9/24/2020 | Posted in Canadian Housing Market by Shavin Patel
  SHARE

Supply/demand struggles and higher building costs are adding pressure to the market.

... More

Real Estate & Mortgage News

  9/22/2020 | Posted in New Developments by Shavin Patel
  SHARE

Shortages for lumber and other building materials are driving up construction costs this year.

... More

Real Estate & Mortgage News

  8/25/2020 | Posted in Real Estate Market by Shavin Patel
  SHARE

While the last two months have given housing market observers a lot to be optimistic about, concerns remain over the lasting impacts of the pandemic on many key segments of ... More

Real Estate & Mortgage News

  5/15/2020 | Posted in Commercial Real Estate by Shavin Patel
  SHARE

A decline in the value of Greater Toronto Area land transactions for multifamily development sites during Q1 2020 can be attributed to the location of the properties, not the ... More

Real Estate & Mortgage News

  4/8/2020 | Posted in Canadian Housing Market by Shavin Patel
  SHARE

The trend in housing starts was 204,717 units in March 2020, compared to 209,109 units in February 2020, according to Canada Mortgage and Housing Corporation (CMHC).

... More

Real Estate & Mortgage News

  4/3/2020 | Posted in Ontario Real Estate by Shavin Patel
  SHARE

Speaking from Queen’s Park on Friday afternoon, Ontario Premier Doug Ford announced a halt to all residential construction in the province.

... More

Real Estate & Mortgage News

  3/24/2020 | Posted in New Developments by Shavin Patel
  SHARE

Building construction investment in Canada edged higher in January with a 0.5% rise compared to the previous month.

... More

Real Estate & Mortgage News

  3/9/2020 | Posted in Canadian Housing Market by Shavin Patel
  SHARE

The trend in housing starts was 208,525 units in February 2020, compared to 211,153 units in January 2020, according to Canada Mortgage and Housing Corporation (CMHC).

... More

Real Estate & Mortgage News

  2/10/2020 | Posted in Canadian Housing Market by Shavin Patel
  SHARE

The national trend in housing starts essentially held steady in January.

... More

Real Estate & Mortgage News

  2/3/2020 | Posted in Toronto Real Estate by Shavin Patel
  SHARE

Developers are betting on new projects in some of Toronto’s oldest suburbs to attract millennials fleeing from the main city area’s inflamed home prices.

... More

Real Estate & Mortgage News

  1/10/2020 | Posted in Canadian Housing Market by Shavin Patel
  SHARE

There was a decline in the 6-month moving trend in Canadian housing starts in December.

... More

Real Estate & Mortgage News

  1/7/2020 | Posted in New Developments by Shavin Patel
  SHARE

There was strong demand for newly built homes in the Greater Toronto Area in November, the latest month of data released by Altus Group.

... More

Real Estate & Mortgage News

  12/10/2019 | Posted in New Developments by Shavin Patel
  SHARE

There were some slight increases but the 6-month trend was essentially unchanged

... More

Real Estate & Mortgage News

  11/3/2019 | Posted in Ontario Real Estate by Shavin Patel
  SHARE

Ontario home warranty provider will require greater disclosure and information sheets.

... More

Real Estate & Mortgage News

  10/8/2019 | Posted in New Developments by Shavin Patel
  SHARE

The value of building permits issued by Canadian municipalities rose 6.1% to $9.0 billion in August, largely because of increases in multi-family and industrial permits. Gains ... More

Real Estate & Mortgage News

  9/10/2019 | Posted in Canadian Housing Market by Shavin Patel
  SHARE

The pace of new housing starts in August climbed 1.9 per cent compared with July as the housing market rebounded from its recent slowdown.

... More

Real Estate & Mortgage News

  8/14/2019 | Posted in Canadian Housing Market by Shavin Patel
  SHARE

The trend in housing starts was 208,970 units in July 2019, compared to 205,765 units in June 2019, according to Canada Mortgage and Housing Corporation (CMHC).

... More

Real Estate & Mortgage News

  7/11/2019 | Posted in Canadian Housing Market by Shavin Patel
  SHARE

Canadian housing starts trended higher in June, primarily due to higher trending row and apartment starts, in urban areas.

... More

Real Estate & Mortgage News

  6/27/2019 | Posted in New Developments by Shavin Patel
  SHARE

There was strong activity in the Greater Toronto Area’s new homes market in May: 4,794 new homes were sold in the month, up 94% ... More

Real Estate & Mortgage News

  6/26/2019 | Posted in Toronto News by Shavin Patel
  SHARE

Oxford Properties Group is planning a US$3.5 billion development in downtown Toronto that would be one of Canada’s biggest real estate projects.

... More

Real Estate & Mortgage News

  6/24/2019 | Posted in Canadian Housing Market by Shavin Patel
  SHARE

The residential construction sector led the gains for overall Canadian construction investment in April, the latest month of figures released by Statistics Canada.

... More

Real Estate & Mortgage News

  6/11/2019 | Posted in Canadian Housing Market by Shavin Patel
  SHARE

The trend in housing starts was 201,983 units in May 2019, compared to 205,717 units in April 2019, according to Canada Mortgage and Housing Corporation (CMHC).

... More

Real Estate & Mortgage News

  6/6/2019 | Posted in GTA Real Estate by Shavin Patel
  SHARE

There was some better news for the new homes market in the Greater Toronto Area in April as sales jumped 123% year-over-year.

... More

Real Estate & Mortgage News

  5/9/2019 | Posted in Canadian Housing Market by Shavin Patel
  SHARE

On the national level, the housing starts trend went up in April, according to the Canada Mortgage and Housing Corporation’s latest report.

... More

Real Estate & Mortgage News

  4/22/2019 | Posted in Toronto Real Estate by Shavin Patel
  SHARE

Toronto’s construction industry may have just averted a calamity.

... More

Real Estate & Mortgage News

  3/27/2019 | Posted in New Developments by Shavin Patel
  SHARE

Yet sales were still well below the 10-year average, while benchmark prices showed slight moderation from the previous month.

... More

Real Estate & Mortgage News

  2/27/2019 | Posted in GTA Real Estate by Shavin Patel
  SHARE

BILD announced earlier this week that GTA new home sales volume increased by 14% annually in January, reaching 1,362 transactions.

... More

Real Estate & Mortgage News

  1/17/2019 | Posted in Canadian Housing Market by Shavin Patel
  SHARE

In the not so distant past, Canadian contractors were building more single-family homes than multi-family homes, such as condo apartments.

... More

Real Estate & Mortgage News

  1/10/2019 | Posted in Ontario Real Estate by Shavin Patel
  SHARE

Sales of new homes should be positive in 2019 despite the challenges of affordability and interest rates.

... More

Real Estate & Mortgage News
Ask Shavin Patel

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.

Security Question: 3 + 5 =