CMHC predicts moderation for the Canadian housing market in 2015 and 2016 as oil provinces face risks

Nationwide, the Canada Mortgage and Housing Corporation (CMHC) is predicting moderation in the Canadian housing market in 2015 and 2016, though oil-dependant regions are vulnerable to “downside risks.” The first quarter 2015 Housing Market Outlook suggests housing starts in Canada will drop…

The Roncy set to launch this year in Toronto’s Roncesvalles Village

BuzzBuzzHome News has just learned that a new condo development will be launching later this year in Roncesvalles Village. Named The Roncy, the new condo will be on the northwest side of Roncesvalles Avenue at Howard Park, right in the…

Karl Lagerfeld to design lobbies for Art Shoppe Condos in Toronto, his first condo work in North America

Karl Lagerfeld is getting into the condo business. In an exclusive partnership, the world-famous German designer will partner with CD Capital Developments and Freed Developments for the interiors of Art Shoppe Condos in Toronto, a mixed-use development coming to Yonge and…

GTA Realtors® Release Mid-Month Toronto Resale Housing Figures

TORONTO, February 18, 2015 — Toronto Real Estate Board President Paul Etherington announced that Greater Toronto Area REALTORS® reported a 14.9 per cent increase in the number of sales entered into the TorontoMLS system during the first two weeks of…

Maintenance Fees Take A Toll On Toronto Condo Owners

Four years ago, Craig Gagliano did something virtually unheard of in Toronto’s condo industry. The resident of the west-end Toy Factory Lofts and president of its condo board cut monthly maintenance fees for each of the building’s 213 units —…

Soaring Canadian Household Debt Puts Economy At Risk

Canadian household debt ratios have now surpassed the levels seen in the United States and United Kingdom during the height of the credit bubble. The McKinsey Global Institute’s new report, “Debt and (not much) deleveraging” raises concerns over debt levels…