Urbanation Inc. @Urbanation
Urbanation provides the most insightful data and analysis on the GTA condominium, rental, and property development markets. urbanation.ca Toronto Joined March 2009-
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More than 11,500 housing units are delayed in Toronto — four times as many as last summer, report says trib.al/lj366Ln
Has the great Toronto condo boom finally hit a wall? financialpost.com/real-estate/gr…
New data from @Urbanation shows that some 21,505 units that were on track to launch since the market began to slow down in 2022 are now “on hold indefinitely.” Click to read the full story. storeys.com/condo-projects…
New condo market in Toronto hits 15-year low: ‘It is dead’ theglobeandmail.com/business/artic…
Data on new condo sales, it's not good: 23,815 unsold units in the GTA, up 124% in the last two years. Meanwhile prices remain hugely sticky, falling just 4 or 5% in the first quarter to try to shift some units. The challenge remains the build price, too high to do fire sales.
Data on new condo sales, it's not good: 23,815 unsold units in the GTA, up 124% in the last two years. Meanwhile prices remain hugely sticky, falling just 4 or 5% in the first quarter to try to shift some units. The challenge remains the build price, too high to do fire sales.
GTHA New Condo Sales Fall 71% Below 10-Year Average Urbanation's Q1-2024 Condo Market stats were released today: urbanation.ca/news/gtha-new-…
Apartment rent growing faster than condo rent as new supply comes online: report financialpost.com/real-estate/ap…
Canadian Rents Flatten In March, “Weighed Down” By Declines In Vancouver And Toronto storeys.com/canada-rents-f…
Thanks to @FNCanada for this mornings breakfast presentation from @Urbanation . Here's a thread on some of the data shared. 👇
Thanks to @FNCanada for this mornings breakfast presentation from @Urbanation . Here's a thread on some of the data shared. 👇
Urbanation contributes to this Globe article discussing relatively higher rates of rent growth for purpose-built apartments. theglobeandmail.com/investing/pers…
While asking rents soar nationally, Toronto sees 'a window of opportunity' for tenants thestar.com/real-estate/wh… via @TorontoStar
Great to join Scotiabank GBM today on their virtual panel with Shaun Hildebrand of @Urbanation and @scotiabank’s Derek Holt, discussing the current state of the Canadian housing market and what policymakers need to do to keep the dream of homeownership alive in Ontario.
A record high number of new condos are going unsold in the GTA thestar.com/real-estate/a-… via @TorontoStar
We released our 2023 GTA New Condo Market results. - Sales fell 41% to a 15-year low. - Unsold inventory increased 41% to a record high - Starts dropped 45% to a 9-year low - Completions rose 39% to a 3-year high - Prices decreased 2% to a 2-year low urbanation.ca/news/gta-new-c…
Rent hikes are slowing but tenants are still competing in an ‘utterly unaffordable' market thestar.com/real-estate/re… via @TorontoStar
What the Bank of Canada's rate hold means for the rental market bnnbloomberg.ca/what-the-bank-…
“It's a bit of a vicious cycle as interest rates and rents are sort of aggravating each other at the moment,” Shaun Hildebrand, president of real estate data and research firm Urbanation, told BNNBloomberg.ca in an interview on Wednesday. bnnbloomberg.ca/what-the-bank-…
Average GTA Rents See Largest Quarterly Decline Outside The Pandemic storeys.com/average-gta-re…
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Supply has gone up and prices have gone down. I wonder if those things are related somehow.
City of Toronto Vacancy Rate Reaches High of 5.7% Our Q4-2020 Rental Report: urbanation.ca/news/311-city-…
@HOMESPublishing @carolesaab @cathmckenna Too many cyclists fail on these three basics. Who cares what she wears?
We stan Quonset huts
Not your typical looking sales office started pre-covid for Reina on the Queensway
@Urbanation in some condos we have visited, open the door & the oven is used for storage of magazines, etc. Now instead of the stove, you have cupboards. Makes sense to me.
@benmyers29 @Urbanation what is the figure 147k condos sold? is that resale+pre-con together?
@alexbozikovic @jpags Seems highly unlikely that land value in Scarborough would be that valuable unless they’re including gross incremental property tax value + development levies over the span lifetime span of the property. Scarbourough high density land is $15-20mm / acres at most
Remember when she got elected on a NIMBY platform? (not saying she’s wrong on this point)
Former Toronto councillor Karen Stintz advocates moving away or not leaning on Section 37 as it muddles decisions and creates neighbourhood tension #PostOMB @ULIToronto
Urbanation reported that new condominium apartment sales in the Greater Toronto Area increased 4% year-over-year to 4,738 units in Q3-2018, reaching the third highest Q3 volume of the past 10 years.’ Stats via @Urbanation
@Urbanation This number pre-sold really jumps out: "The total number of condo units under construction also hit a high of 63,904 units, of which 95% were pre-sold"
Condo rents are up again...@Urbanation reports the largest ever average rent increase in their market update via @globeandmail buff.ly/2uqLTJt #realestate
The award for Best Marketing Team goes to @CommunityAgency. #BILDAwards @artmandalas @AndreiZaretski
@JohnPasalis @LooseCannonEcon @idragovic26 @RealNetNewHomes @AltusData @MGP_Plan @Urbanation Investors on many asset classes are indeed known to take temporary negative cash flow for future anticipated gains (either via asset improvement, asset repositioning, incremental lease growth, long term value appreciation, or combo thereof).
@Urbanation It's a good question. It's called being short-sighted!
Today, our EVP Sales & Marketing Jim Ritchie took us through a condo market update with data provided by @Urbanation: > Affordability advantage continues into 2018 > Inventory at 15-year low > Construction at record high > New launches selling fast, at a 30% premium vs last year
@MenkesLife @EllisDon @LCBO @LCBONEWS @WaterfrontTO @Triovest @LAInc_Creative @TorontoStoreys @BrandonPR @JohnTory The official breaking of ground at 100 Queen Quay and @LCBO new head office. @MenkesLife
1.1% vacancy and yet people are STILL saying we are over supplied x.com/urbanation/sta…
GTA vacancy rate for rental apartments falls to 16-year low at 1.1% in 2017 in @CMHC_ca 's newly released rental market report. The "secondary" rental market, condos, saw the vacancy rate drop to 0.7% from 1.0% a year ago. These are critically low levels of available units.
Happy to come out to @bildgta Breakfast session to speak about Laneway Suites this am! @CityPlanTO @EGCityWorks @LanescapeCA @anabailaoTO
@TorontoStar @Urbanation Most affordable area is Durham Region
Thank you to @Urbanation for participating in our market summary webinar today! Great info on the current rental supply shortage #rentON
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