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

Not just converted lofts, I can help you find the latest cool and modern space. There are tons of new urban spaces across the city.

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: rural area

Housing starts top 200,000 units

Home construction rose 1.3% in April as Canada’s real estate market continued to show signs of recovery

Financial Post

Home construction rose 1.3% in April as Canada’s real estate market continued to show signs of recovery.

Canada Mortgage and Housing Corp. said Monday housing starts rose by a seasonally adjusted annual rate of 201,700 units last month, up from a revised 199,200 units in March. The March number was previously estimated at 197,300 units.

Economists had expected starts to increase by around 205,000 units in April.

“Higher multiple starts were nearly offset by a decline in single starts and rural area starts in April, said Bob Dugan, CMHC’s chief economist. “As a result, total housing starts edged higher in April.”

Urban starts increased by 5.1% to 182,500 units on a seasonally adjusted annual rate in April. Multiple-unit construction was up 27.2% to 98,600, while single units fell 12.7% to 83,900.

In British Columbia, urban construction rose 16.4% and the Prairie region posted a 6.7% gain. Ontario was up 4.5% and Quebec rose 1.1%, while Atlantic Canada declined 3.3%.

“This was only the second time that the pace of housing starts has breached the 200K-units barrier since November 2008,” said Millan Mulraine, senior strategist at TD Securities.

Rural housing starts totalled 19,200 units in April, down from 25,600 the previous month.

“On the whole, the report underscores the strong recovery in Canadian home building activity, and the Canadian housing market more generally, as favourable buying conditions continue to spur housing demand,” Mr. Mulraine said.

“However, in the coming months we expect the pace of activity to moderate as higher interest rates and home prices, and tighter mortgage rules temper demand.”

————————————————————————————————————–

Contact the Jeffrey Team for more information  –  416-388-1960

————————————————————————————————————–