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Condo developers start 2014 with record number of launches

Posted on April 10, 2014


Developers are so optimistic that confidence has returned to the condo market, they’ve launched sales of a record number of new units — more than 2,700 — in January and February alone.

And more are planned, with new project launches scheduled unusually lat …   Continue Reading.

Affordable homes are shaped by costs, policies

Posted on March 29, 2014

real_insightsHow is the GTA’s new condo market faring so far this year?

By most measures, pretty well.

Year-to-date (as of the end of February) there have been sales of 2,230 units, up a considerable 28 per cent compared to the same period last year, and up 17 per cent on …   Continue Reading.

Second Half of 2013 Ensures Another Year of Rising Investment and Activity in the Greater Vancouver Commercial Real Estate Market

Posted on March 12, 2014

press_releasesVancouver, British Columbia, Canada – March 12, 2014 RealNet Canada Inc. today announced results for the fourth quarter GVA commercial real estate investment market. A total of 319 transactions in excess of $1 million were recorded, representing $1.474 billion in total investment. …   Continue Reading.

Encana selling two downtown Calgary properties

Posted on March 6, 2014

news_coverageA report released Wednesday by RealNet Canada said the Greater Calgary Area commercial real estate market saw investment activity of 396 transactions over $1 million in 2013, representing a dollar volume of $3.2 billion. …   Continue Reading.

Fewer high profile deals return the GCA Commercial Real Estate Market to levels consistent with the steady market growth since 2009

Posted on March 5, 2014

press_releasesCalgary, Alberta, Canada – March 5, 2014 RealNet Canada Inc. today announced results for the GCA commercial real estate investment market for 2013. A total of 396 transactions in excess of $1 million were recorded, resulting in an annual dollar volume of $3.2 billion for the Greate …   Continue Reading.

RealNet President: Toronto Real Estate Conditions the Inevitable Result of Legislation

Posted on March 1, 2014

news_coverageThe big picture: Places to Grow

“There is a structural shift that has taken place in housing form over the last decade,” Carras said. The driving force behind that shift is policy. Provincial legislation, called Places to Grow, essentially drew a line around the GTA …   Continue Reading.

RealCondoInvestor Magazine – March 2014 Edition

Posted on February 25, 2014

RCI_MagazineREALNET® has created a new magazine – The RealCondoInvestor™ – in collaboration with Homes Publishing Group to better inform key stakeholders and replace myths with facts and fear with risk. …   Continue Reading.

New detached homes a rare species in the GTA

Posted on February 22, 2014

real_insightsYou can’t buy what isn’t for sale. And when it comes to the new-home market, consumers can’t buy what builders aren’t allowed to build. …   Continue Reading.

Aggressive development: Inside the building and selling of a Toronto condo tower

Posted on February 18, 2014

news_coverageA man who makes a living helping the country’s largest bank avoid risks is preparing to double down on a market that many people believe is on the verge of a nasty fall. …   Continue Reading.

Where Have All the Big Lots Gone? Long Time Passing…

Posted on February 11, 2014

news_coverageIt’s been a long time passing and if you’ve been out looking recently, it doesn’t take long to wonder where all the big lots have gone? According to RealNet Canada, less than ten years ago, the most common detached lot size for new homes in the GTA was the 46′ frontage lot. …   Continue Reading.

George Carras Speaks on the Real Estate Talk Show – AM640

Posted on February 11, 2014

George Carras speaks with Simon Giannini and Erin McCoy about the 2013 New Home Real Estate Market.

This year’s condo completions began a decade ago

Posted on January 31, 2014

real_insightsThe creation of new homes is a highly complex process that involves significant risk, requires large sums of money and takes many years to complete. Since January 1, 2000, buyers in the GTA have purchased more than 545,000 new homes, representing more than $206 billion in transactions. …   Continue Reading.

GTA Commercial Real Estate Investments Reach New High in 2013

Posted on January 27, 2014

press_releasesToronto, Ontario, Canada – January 27, 2014 RealNet Canada Inc. today announced results for the GTA commercial real estate investment market for 2013. A total of 1,823 transactions in excess of $1 Million were recorded, resulting in a new record annual dollar volume of $13.4 Billion for t …   Continue Reading.

Analysis of 2013 New Home Market Proves ‘You Can’t Sell What You Don’t Have’

Posted on January 23, 2014

press_releasesToronto, January 22, 2014 – RealNet Canada Inc., the most trusted source for real estate information in Canada, and the Building Industry and Land Development Association (BILD), today released a strategic review of the GTA’s 2013 new home market. …   Continue Reading.

Builders blame low supply for decline in home sales

Posted on January 22, 2014

news_coverageSales of new homes and condos in the Greater Toronto Area hit their second-lowest level in a decade last year, but appear to have reached a bottom, according to RealNet Canada Inc. …   Continue Reading.

Sale of new homes, condos hit near record lows in 2013

Posted on January 22, 2014

news_coverageThe sale of both new homes and new condos hit their second-lowest levels in a decade in 2013, but that’s partly because launches of new projects also hit unusual lows, according to new figures released Wednesday by market research firm RealNet Canada Inc. …   Continue Reading.

No end in sight for rising cost of single family homes

Posted on January 22, 2014

news_coverageIt seems like high-rise condominium units keep getting smaller and affordable single family homes are getting harder to find, it’s true. Data from RealNet Canada for Toronto, to be released Wednesday, paints a grim picture for buyers hoping to avoid condominium living in favour of a low-ris …   Continue Reading.

Condo builders see a robust 2014 market

Posted on January 17, 2014

news_coverageWhat happened in 2013.
Carras, whose firm RealNet provides background, analysis and insights on the real estate market, said the GTA is one of the most critical property markets in Canada. Its condo market, he noted, is increasingly relied upon to provide new housing. After record sales in …   Continue Reading.

Toronto condos: 2014 to be the year of The Big Move

Posted on January 2, 2014

news_coverageAn estimated $25 billion worth of condominiums are under construction across the GTA. A record number of units — development research firm RealNet estimates close to 20,000 — are slated to be completed in 2014 and their owners, or tenants, will move into their gleaming new glass and gra …   Continue Reading.

New home prices show no sign of easing in 2014

Posted on January 2, 2014

news_coverageIs a new detached home on your holiday shopping list? If so, here’s a look at the supply and price situation you’ll be facing.GTA builder sales centres these days are not unlike any other stores with in-demand items that sell out fast: the shelves are pretty bare. Heading into the holid …   Continue Reading.

Record Activity in Large Asset Transactions for the Greater Vancouver Commercial Real Estate Market

Posted on December 9, 2013

press_releasesVancouver, British Columbia, Canada – December 5, 2013- RealNet Canada Inc. today announced results for the GVA commercial real estate investment market for the third quarter of 2013. Overall investment activity ranked the third highest in terms of overall dollar volume, adding 28% from t …   Continue Reading.

Tenant shakeup makes Bloor Street more lux

Posted on December 3, 2013

news_coverageCanada’s priciest street for retailers is undergoing a significant makeover, one that’s being driven by an influx of wealthy new condo residents to the neighbourhood. …   Continue Reading.

The walls really are closing in

Posted on December 2, 2013

real_insightsIn an effort to give homebuyers affordable options within a rising-cost environment, GTA condominium developers have been building smaller units. The average size of a new highrise home at the end of October, 2013 was 818 square feet. …   Continue Reading.

New home sales jump

Posted on November 22, 2013

news_coverageSales of new low-rise homes rose by 67% in October from October 2012, and high-rise sales were up 17% in the same period. …   Continue Reading.

Commercial real estate investment in Calgary area nears $1 billion in Q3

Posted on November 22, 2013

news_coverageThird-quarter investment in Calgary’s commercial real estate market ballooned to $983 million, according to a report by RealNet Canada Inc. …   Continue Reading.