Condo Archives - Better Dwelling https://betterdwelling.com/tag/condo/ Canada’s Fastest Growing Real Estate News Source Thu, 26 Apr 2018 13:19:54 +0000 en-US hourly 1 https://i0.wp.com/betterdwelling.com/wp-content/uploads/2016/07/cropped-better-dwelling-flower-logo.png?fit=32%2C32&ssl=1 Condo Archives - Better Dwelling https://betterdwelling.com/tag/condo/ 32 32 64691831 A Third of Toronto Condo Buyers Might End Up Paying Double The Sticker Price https://betterdwelling.com/city/toronto/a-third-of-toronto-condo-buyers-might-end-up-paying-double-the-sticker-price/ https://betterdwelling.com/city/toronto/a-third-of-toronto-condo-buyers-might-end-up-paying-double-the-sticker-price/#comments Thu, 26 Apr 2018 13:19:54 +0000 https://betterdwelling.com/?post_type=bd_property&p=8760 Low interest rates driving Toronto's condo market? Not exactly. Nearly a third of mortgages on new condos being occupied by the owner, are paying rates nearly double the average.

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Toronto Condo Prices Rip To A New All-Time High https://betterdwelling.com/city/toronto/toronto-condo-prices-rip-to-a-new-all-time-high/ https://betterdwelling.com/city/toronto/toronto-condo-prices-rip-to-a-new-all-time-high/#comments Tue, 17 Apr 2018 12:19:52 +0000 https://betterdwelling.com/?post_type=bd_property&p=8705 Higher interest rates and a stress? No match for Toronto condo buyers, apparently. Toronto Real Estate Board (TREB) numbers show condo prices hit a new all-time high in March. The price peak was hit, as sales dropped and inventory levels continued to rise. Toronto Condo Prices Rise Over 14% The benchmark price of a condo […]

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Here’s How Much Toronto Real Estate Needs To Rise For Investors To Break Even https://betterdwelling.com/city/toronto/heres-how-much-toronto-real-estate-needs-to-rise-for-investors-to-break-even/ https://betterdwelling.com/city/toronto/heres-how-much-toronto-real-estate-needs-to-rise-for-investors-to-break-even/#comments Thu, 12 Apr 2018 14:15:15 +0000 https://betterdwelling.com/?post_type=bd_property&p=8666 Almost half of Toronto condo investors are committing to negative cash flow, according to a CIBC Economics study. One of the city’s most prominent mortgage brokers pointed out, this is a disaster in the making. If you can’t make the deal work at an all-time low for interest rates, when can you make it work? […]

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CIBC: Over 44% of Toronto Condo Investors Don’t Get Enough Rent To Cover The Mortgage https://betterdwelling.com/cibc-over-44-of-toronto-condo-investors-dont-get-enough-rent-to-cover-the-mortgage/ https://betterdwelling.com/cibc-over-44-of-toronto-condo-investors-dont-get-enough-rent-to-cover-the-mortgage/#comments Mon, 09 Apr 2018 13:36:15 +0000 https://betterdwelling.com/?p=8643 CIBC Economics crunched the numbers on Greater Toronto condo investors, and found that nearly half collect less rent than the required mortgage payments. Most are still making money.

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Vancouver Condo Prices Rise At The Fourth Fastest Pace In History https://betterdwelling.com/city/vancouver/vancouver-condo-prices-rise-at-the-fourth-fastest-pace-in-history/ https://betterdwelling.com/city/vancouver/vancouver-condo-prices-rise-at-the-fourth-fastest-pace-in-history/#comments Tue, 20 Mar 2018 14:39:40 +0000 https://betterdwelling.com/?post_type=bd_property&p=8512 Lower condo sales and higher inventory should relieve some of the pricing pressure in Vancouver, right? Not according to numbers published by the Real Estate Board of Greater Vancouver.

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Toronto Condo Sales Drop, Inventory Soars… But Prices Are Still Climbing https://betterdwelling.com/city/toronto/toronto-condo-sales-drop-inventory-soars-but-prices-are-still-climbing/ https://betterdwelling.com/city/toronto/toronto-condo-sales-drop-inventory-soars-but-prices-are-still-climbing/#comments Tue, 20 Mar 2018 12:28:33 +0000 https://betterdwelling.com/?post_type=bd_property&p=8502 Toronto condo prices are still climbing at the same pace as last year, despite a huge drop in sales, and inventory climbing back to historic levels.

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BC’s 2018 Budget Takes Aim At Vancouver Real Estate Speculators, Here’s Why https://betterdwelling.com/bcs-2018-budget-takes-aim-at-vancouver-real-estate-speculators-heres-why/ https://betterdwelling.com/bcs-2018-budget-takes-aim-at-vancouver-real-estate-speculators-heres-why/#comments Wed, 21 Feb 2018 14:34:19 +0000 https://betterdwelling.com/?p=8324 The Province of British Columbia unveiled its 2018 budget, including a 30 point plan to restoring housing affordability. Here's the most important details that may impact Vancouver real estate prices.

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The Gap Between The Price of A Toronto Condo and A Detached Is Closing Fast https://betterdwelling.com/city/toronto/the-gap-between-the-price-of-a-toronto-condo-and-a-detached-is-closing-fast/ https://betterdwelling.com/city/toronto/the-gap-between-the-price-of-a-toronto-condo-and-a-detached-is-closing-fast/#comments Wed, 21 Feb 2018 12:18:58 +0000 https://betterdwelling.com/?post_type=bd_property&p=8316 Toronto real estate prices are diverging, with detached prices dropping while condos are hitting new all-time highs. Is the gap between the two becoming too close?

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Toronto Condo Prices Reach All-Time High, Inventory Rises Over 30% https://betterdwelling.com/city/toronto/toronto-condo-prices-reach-all-time-high-inventory-rises-over-30/ https://betterdwelling.com/city/toronto/toronto-condo-prices-reach-all-time-high-inventory-rises-over-30/#comments Tue, 20 Feb 2018 14:34:24 +0000 https://betterdwelling.com/?post_type=bd_property&p=8311 Toronto condo prices just printed another all-time high, but is seeing gains taper. Here's what you need to know about the numbers.

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Vancouver Condo Listings Rise Over 52%, Prices Still Print New All-Time High https://betterdwelling.com/city/vancouver/vancouver-condo-listings-rise-over-52-prices-still-print-new-all-time-high/ https://betterdwelling.com/city/vancouver/vancouver-condo-listings-rise-over-52-prices-still-print-new-all-time-high/#comments Thu, 25 Jan 2018 14:28:07 +0000 https://betterdwelling.com/?post_type=bd_property&p=8157 Vancouver real estate is cooling, but not in the condo segment. Prices just printed an all-time high, even though inventory grew faster than sales.

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