Your new condo search starts HERE

In conversation with, Senior Research Fellow, Centre for Urban Research and Land Development Ryerson University

BILD recently released the 2019 year end new homes sales data, showing that GTA new home sales rallied from the 22-year low of 2018.

Picking up where 2019 left off, 2020 began with strong sales growth, dwindling housing supply and high demand for ownership and rental housing.

Affordability is a hot topic today when it comes to new home real estate, including condominiums.

Over the years, condominiums have become the new home choice of people of all ages and walks of life.

In December 2019, residential sales reported through TREB's MLS System by Greater Toronto Area realtors were up by 17.4 per cent year-over- yea

Urban developer Lifetime Developments has launched the third and final phase of a 16-year historical redevelopment community in Toronto’s vibrant Liberty Village.

For all the challenges facing real estate in Canada this year, know this: The Ontario housing market, and especially the GTA, is poised for a strong year. READ MORE

The coming year needs to be the year that governments and citizens focus on dealing with the housing supply shortage in the GTA. Fortunately, 2020 may provide several opportunities to start to address this generational challenge.

Even as new condos have increased in price in recent years, they still remain a more affordable option than detached homes, which remain somewhat scarce and pricey.