Toronto Loft Conversions

Toronto Loft Conversions

I know classic brick and beam lofts! From warehouses to factories to churches, Laurin will help you find your perfect new loft.

Modern Toronto Lofts

Modern Toronto Lofts

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Unique Toronto Homes

Unique Toronto Homes

More than just lofts, I can also help you find that perfect house. From the latest architectural marvel to a piece of our Victorian past, the best and most creative spaces abound.

Condos in Toronto

Condos in Toronto

I started off selling mainly condos, helping first time buyers get a foothold in the Toronto real estate market. Now working with investors and helping empty nesters find that perfect luxury suite.

Toronto Real Estate

Toronto Real Estate

For all of your Toronto real estate needs, contact Laurin. I am dedicated to helping you find that perfect and unique new home to call your own.

 

Tag Archives: economic fundamentals

Toronto Housing Market to Hold Steady in 2012

Toronto’s real estate market will see few changes next year as sales flatten out, prices stay near current levels and condominium construction remains strong, according to Shaun Hildebrand, Canada Mortgage and Housing Corporation’s Senior Market Analyst for the Greater Toronto Area. CMHC released its latest forecast for the GTA today at the annual CMHC Toronto Housing Outlook Conference.

“The market will feel somewhat slower than previous periods of high activity as buyers practice more restraint in light of slowing economic fundamentals,” said Shaun Hildebrand. “Low interest rates will help keep a decent sales pace, but expect resistance to price increases as more supply enters the market,” added Hildebrand.

While the headline numbers won’t change much in 2012, several subplots within the diverse GTA housing market will be worth paying attention to.

Highlights of the conference include:

* Price growth for condos will wind down as a large number of units under construction reach completion.

* High levels of condo construction will help alleviate some pressures on vacancy rates as rental demand remains strong.

* Ownership affordability will remain in check as first-time buyers gravitate towards relatively less expensive pockets of the GTA.

* The downsizing trend will gain momentum in the coming years as more baby boomers enter their retirement years.

As Canada’s national housing agency, CMHC draws on more than 65 years of experience to help Canadians access a variety of quality, environmentally sustainable and affordable homes. CMHC also provides reliable, impartial and up-to-date housing market reports, analysis and knowledge to support and assist consumers and the housing industry in making vital decisions.

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Contact Laurin Jeffrey for more information – 416-388-1960

Laurin Jeffrey is a Toronto Realtor with Century 21 Regal Realty. He did not
write these articles, he just reproduces them here for people who are
interested in Toronto real estate. He does not work for any builders.

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