The Toronto Region Board of Trade continues to investigate ways to improve transportation in the region. Last week, it hosted its seventh annual transportation summit: “Ahead By A Century: Inspiring the Next Generation of Transportation,” bringing together representatives of provincial and municipal governments, transit agencies, airport authorities, airlines, and private-sector suppliers to discuss the future of moving goods and people…

The Market Now  The average house price for January 2022 was $1,627,691, up 28% over the same month last year and up 23% since August.  House sales were down 19% on a year-over-year basis in January, but well above pre-Covid 19 pandemic levels for January in 2019 and 2020. New listings in November were down 15% over last year while…

Our economy shed 200,000 jobs in January. Strangely, GoC bond yields surged higher on the same day that news was released, and today’s post explains why. Last Friday we learned that our economy shed 200,000 jobs in January. Job losses were expected after our latest round of lockdowns, so the pullback didn’t come as a surprise. But the headline result…

One of the fastest-growing neighbourhoods in Canada is about to grow a little more as SmartLiving introduces Park Place, the next phase of SmartVMC, SmartCentres REIT’s 100+ acre master-planned city centre in Vaughan’s new downtown hub. Located on the northeast corner of Highway 7 and Commerce Street and immediately adjacent to SmartVMC’s central 9-acre park, the two-tower proposal is set…

Royal Mimico Developments Limited has submitted a Zoning By-law amendment application to the City of Toronto for the redevelopment of 266 Royal York Road with a mixed-use development on the site. The proposed development would demolish the site’s existing low-rise, light industrial building and would introduce two new structures; a 37-storey condo building with ground level retail, and an 8-storey commercial building. Together…

How Canada’s immigration rate affects home prices This story is featured in our monthly Move Smartly Toronto Area Market Report – Read full report here This chart from the National Bank of Canada shows that Canada had the fastest growing population in 2021 when compared to the rest of the G7. But looking at how fast a country’s population is…

It’s not quite one of those “where were you moments,” on par with the moon landing, the Kennedy assassination, et al, but perhaps one day I’ll look back at this moment as the point of no return. Where was I, and what was I doing when I heard that the January, 2022 TRREB stats were released? I was driving.  I was…

In this image shot from his Distillery District balcony, UrbanToronto Forum contributor globalexpress tells us the moon appears as a waning crescent, its dark side showing up faintly with reflect earthshine. Dividing the brighter foreground from the darker Port Lands behind, the Gardiner Expressway cuts across the mid-ground of the photo. In front of it, the recently built gh3-designed Cherry Street Stormwater Management…