The pre-construction condo market in Toronto is highly dynamic. To help guide your investment decisions, here are some key insights to keep in mind: 1. Market Launches: In 2023, approximately 25,000 new condo units were launched in the GTA, indicating robust growth in the real estate sector. 2. Market Trends: Notable changes were observed in the pre-construction condo market during Q3-2023,...
Hamilton is experiencing a transformative phase characterized by significant population growth, transit expansions, educational opportunities, and urban rejuvenation, collectively shaping a promising real estate investment and development horizon. 🌆 Population Growth Hamilton's population, currently at 569,000, is projected to swell by 236,000 over the next 30 years. This growth is not only...
Canada's housing crisis is reaching a critical level due to the high population growth, and the country needs over 5 million new homes by 2030. The current building rate must triple to meet the demand, but housing starts are decreasing, which makes this problem severe. Developers face bureaucratic hurdles such as slow approvals and regulatory changes, and the duration of development approvals has been on...
Investing in real estate can be smart, especially when considering areas where the government is actively investing. These investments can lead to infrastructure development, improved amenities, increased economic activity, and potential growth in property values. When it comes to pre-cononstruction investment, you need to invest where the government invests. To help you make informed decisions, here...