Urbanation Media Releases

Renters Priced Out of Ownership Contributing to Strong Rent Growth

 

Rents Rise 11% as Income Required to Qualify for Average Priced Condo Reaches $100,000

TORONTO – April 11, 2018:  Urbanation Inc., the leading source of information and analysis on the Toronto condominium market since 1981, released its Q1-2018 rental market results today.

Highlights of the release include:

Think Construction is High Now? Just Wait...

Written for Builder Bites Newsletter published by Homes Publishing Group

Thanks to a resilient local economy and stable Canadian banking sector, in the years that followed the 2009 financial crisis Toronto began leading annual lists of most high-rise projects under construction in North America. While New York has caught up in recent years, Toronto is poised to soon regain its top position.

Capacity Issues Surface as New Condo Sales Reach Record High

 

TORONTO – February 01, 2018:  Urbanation Inc., the leading source of information and analysis on the Toronto condominium market since 1981, released its year-end 2017 condo market results today.

Highlights of the release include:

·         New condo apartment sales reached a record 35,074 units in 2017

·         A record 105 projects launched for pre-construction sales last year totaling 32,435 units

·         A record 19 new project launches last year contained more than 500 units each

GTA Condo Rents Rise 9% in Fourth Quarter

 

New development activity ramps up in final months of the year

 

TORONTO – January 12, 2018:  Urbanation Inc., the leading source of information and analysis on the Toronto condominium market since 1981, released its Q4-2017 rental results today.

 

Highlights of the release include:

 

·         Average monthly rents grew by 9.1% year-over-year in Q4 to $2,166

Is Toronto Building the right condo supply?

 

For immediate release
November 7, 2017

 

TORONTO, ON -- A new paper by the Ryerson City Building Institute and Urbanation examines condos under development in the GTA to understand how well the incoming supply will accommodate the region’s housing affordability challenges and changing demographics.

New Condo Sales Slow but Prices Continue to Soar

 

Market Expected to Transition to More Balance Next Year as Prices in the Core Approach $1,000 PSF 

 

TORONTO – October 31, 2017:  Urbanation Inc., the leading source of information and analysis on the Toronto condominium market since 1981, released its Q3-2017 market results today.

Rents Continue to Soar Against Inadequate Supply

 

Future development stalls following extension of rent control 

TORONTO – October 12, 2017:  Urbanation Inc., the leading source of information and analysis on the Toronto condominium market since 1981, released its Q3-2017 rental results today.

Average Rents Leap Past $2,000

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