ERIC CHOW/THE GLOBE AND MAIL Canada’s National Dream, the modern edition, began in 1953. That was the year Don Mills, the country’s first large-scale, fully planned suburb, began selling affordable, ranch-style homes north of Toronto. Immediately, middle-class Canadian families yearning for their own bit of heaven – a yard, a garage and room for the children to play – began packing their bags for the burbs. And almost as quickly, folks who claimed to know... [read more]

Photo courtesy of CTV News More than half of Canadian homeowners recently surveyed say they would be less likely to consider a property if they knew cannabis had been grown inside, according to a poll released Tuesday. Real estate listings company Zoocasa, which commissioned the study, found that 52 per cent of homeowners would think twice about buying a home that had been used to grow even a legal amount of marijuana. Set to go into effect on Wednesday, the new federal Cannabis... [read more]

GRAYWOOD DEVELOPMENT   There’s a subtle shift under way in the Greater Toronto Area’s presale condominium market in 2018: As developers are launching fewer towering projects designed to woo investors, they are finding there’s still a strong market for people looking to pay a little more money for a larger, family-friendly unit in neighbourhoods outside the downtown core. In 2017, developers set records for launching projects and units: 105 projects... [read more]

KATRIN RAY SHUMAKOV VIA GETTY IMAGES   Toronto's housing market has seen a marked slowdown since a new non-resident tax successfully pushed many foreign buyers out, but a forecast from real estate agency Engel + Volkers says a new phenomenon is about to take over as the driver of Toronto's housing boom: The tech industry. The influx of tech companies into Toronto's downtown core in recent years has already had "a huge effect" on the real estate market, said... [read more]