Urbanation. The authoritative source on the Toronto condominium market.

Since 1981, Urbanation Inc. has been actively tracking Toronto’s highrise condominium market. From projects in the planning stages, to new projects in the sales and construction phases, to completed projects trading in the resale market – Urbanation monitors the market’s performance, continuously collecting data and providing economic and statistical analysis to its clients with consummate accuracy.

 

In the News

Urbanation launches new UrbanRental Report

The level of investor activity in Toronto's condominium apartment market has skyrocketed! A need for condominium rental data has emerged and again we've got the answers. UrbanRental will track apartment rental rates and market trends throughout the Toronto CMA and publish results quarterly. UrbanRental is the definitive tool for developers, apartment owners, investors, builders, and lenders ... anyone in the rental apartment business. Find out more

Toronto Home Prices: Are We in a Real Estate Bubble?

Has the GTA condo market peaked?

March 20, 2011

Alfredo Romano steps up to a computer screen that looks like a giant iPad and starts tapping away. “Look at this” says the developer with a wide grin. The computer is showing a floor plan of a condominium. Another tap. A simulated walk through of the unit. He taps again. The actual view from the unit pops up. “This is really cool.” more

Living in the GTA: Ben Myers Interview

 
 
   


In this issue

Market Overview

With 20,964 new condominium apartment sales through nine months in 2011, the Toronto CMA has already surpassed the 2010 year-end total (20,491). The CMA remains on pace to smash the annual sales record of 22,654 recorded in 2007, with approximately 26,000 sales expected by years-end. 

New Condominium Market

The 20,964 sales through three quarters in 2011 would be the second highest YEAR for new condominium apartment sales. With approximately 5,000 sales forecasted for Q4-2011, the new market will break the record of 22,654 annual sales from 2007. 

The Resale Condominium Market

There were 12,989 resale condominium apartment transactions through three quarters of the year in the Toronto CMA and resale volume remains on a similar pace as 2010, despite the record level of unit registrations. More units registered in the first nine months of 2011 than any previous year.

Future Condominium Projects

Urbanation is tracking 223,824 units of future condominium supply, up 4% from Q2-2011 and 9% from Q3-2010. Therefore, despite the record number of new condominium project openings, the number of future condominium units in new municipal applications is outpacing new units in project launches.

Urbanation

New openings for January 18, 2011:

  • The Carlaw
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