real estate news

截止目前为止，共有5款疫苗被加拿大卫生部批准使用，特别是单剂疫苗的使用，将大大加快全国的疫苗接种速度，进而更早地实现群体免疫，为9月返校的同学们提供更安全的学习生活环境。对此，加拿大各大学信心大增，纷纷宣布了今年9月的秋季返校计划（目前已经宣布返校的学校名单如下）。 大批国际留学生们即将返加，这对多伦多房地产市场将会产生什么样的影响？

• 安省：多伦多大学，布鲁克大学，渥太华大学，西安大略大学，滑铁卢大学，约克大学，劳里埃大学，皇后大学，温莎大学。
• BC省：UBC大学，维多利亚大学，温哥华岛大学，汤姆逊河大学，西门菲沙大学，北英属哥伦比亚大学，卡普兰诺大学，西三一大学。
• 魁省：麦吉尔大学，康考迪亚大学。
• 阿省：阿尔伯塔大学，莱斯布里奇大学；
• 萨省：萨斯喀彻温大学；
• 曼省：曼尼托巴大学，布兰登大学；
• 诺省：阿卡迪亚大学，达尔豪西大学；
• 新省：圣托马斯大学；
• 纽省：纽芬兰纪念大学；
• P.E.I.：爱德华王子岛大学。

受疫情影响，大批招募官提前回加，再加上严格的入境限制，不确定的就业环境，2020-2021学年大学生入学人数骤减，今年国际留学生入学率直接下降了2.1%。应对疫情，各大学不得不采用远程线上教学模式，为了减少生活成本，也为了和家人团聚，加拿大境内的国际留学生纷纷选择回国上课。这不仅对教育产业造成打击，也对留学生消费相关的行业比如房地产销售与出租，餐饮，娱乐等造成了影响。

即使不回国的国际留学生也和其他本地学生一样，生活习惯和居住理念发生了质的变化。地理位置不再是学生们的首要考虑，学生们更偏向于周边相对便宜，居住空间又大，又有独立卫生间的，舒适便利安全的住所。这也正是为什么，2020年末，大多地区整体公寓市场下跌，越是市中心地点好的房价越是走低，反而偏离市区的房价涨幅增大，甚至常年不涨价的度假屋，也遭到了疯抢。

疫苗研制成功之后，疫情得到一定控制，买家又重新回到了公寓市场。2021年初，多伦多市中心也出现了疯抢offer的现象。 再加上各大学宣布返校（大批国际留学生回归），利好的移民政策（3年120万，每年40万新移民即将入市），和超低的贷款利率，我们有理由相信，在市场和购买力的双重刺激下，多伦多房地产市场会越来越好。

Toronto's real estate industry heard Friday they will need to become increasingly nimble and adaptable as tenant expectations and building possibilities evolve.

Speaking at the Toronto launch of a 2020 trends report, PwC director of real estate research Andrew Warren says silos around real estate categories are blurring more than ever before.

The report by PwC and the Urban Lands Institute says mixed developments will become even more common and start to integrate more features like dedicated short-term rental space and package receiving rooms.

High housing costs could also create growth in co-living and other alternative housing models as both younger workers and seniors look for a place to live.

The report also found a rising unease in the industry because of high asset prices and rising costs for land and labour that could leave many in the industry holding back in the year ahead.

It says concerns around cybersecurity are also increasing as technology becomes integrated into real estate.

The Canadian Press

TORONTO – A new study suggests seniors living in Toronto are more likely to stay longer in their family sized homes than they were a decade ago.

The Canada Mortgage and Housing Corporation has released a report tracking home ownership trends among Toronto residents 65 or older.

It says seniors accounted for 25 per cent of home owners in 2016, up five percentage points from levels recorded in 2006.

The corporation attributes the increase to the fact that seniors are working longer and enjoying better health, enabling them to hang on to homes longer before downsizing.

But they say the trend also points to a potential shortage for younger generations.

The report says defering downsizing plans limits the number of larger homes on the market available to prospective buyers, noting the trend is likely to continue as Toronto’s population continues to age.

The Canadian Press

TORONTO — The Greater Toronto Area‘s home price index was up 4.4 per cent last month as the supply of properties for sale tightened and the number of sales jumped 24.3 per cent from July last year, the Toronto Real Estate Board reports.

The overall average selling price for properties in the Greater Toronto Area was up 3.2 per cent year-over-year to $806,755, TREB said in a monthly report issued Tuesday.

The number of properties sold increased to 8,595 from 6,916, with sales of all four categories of housing up by double digits.

“Broadly speaking, increased competition between buyers for available properties has resulted in relatively strong price growth above the rate of inflation for semi-detached houses, townhouses and condominium apartments,” Jason Mercer, the real estate board’s chief market analyst, said in a statement.

On the other hand, he said, sales of fully detached homes have been more affected by a stress test required for federally regulated mortgages and the average price for that category of housing was down 0.9 per cent overall.

In the City of Toronto itself, the average price for fully detached homes fell 9.1 per cent to $1.23 million, offsetting a 2.5 per cent increase in the surrounding 905 area to an average of $929,633.

TREB says that the supply of properties for sale in the Greater Toronto Area was also tighter than it was last year.

There were 14,393 new listings in the GTA during the month, up from 13,873 in July 2018, but the total number of active listings at the end of July was down 9.1 per cent from a year ago.

TREB CEO John DiMichele said there’s a growing demand for residential properties due to population growth.

“As more and more households come to terms with the stress test and move back into the market in the coming months and years, they could suffer from a chronically under-supplied marketplace and an acceleration of home price growth to unsustainable levels,” DiMichele predicted.

“Fortunately, policy makers have acknowledged the housing supply issue and are working toward solutions.”

The board said it welcomes a move by Toronto Mayor John Tory and the city council, which instructed staff to report on ways to increase housing options in neighbourhoods that traditionally have had single-family dwellings.

TREB also said it supports provincial government consultations to “spur on and speed up” the development of different forms of housing.

The Canadian Press

Canada's largest housing market registered another month of double-digit sales gains in June, while deteriorating inventory helped push prices higher. 

There were 8,860 property transactions across the Greater Toronto Area in June, representing a 10.4 per cent increase from a year earlier.

Meanwhile, total active listings fell almost six per cent in the month.

The combination of rising sales and fewer homes on the market helped lift the average selling price three per cent to $832,703.

That opened the door for the local real estate board to renew its criticism of stress tests on uninsured mortgages that took effect at the start of last year.

"Over the next year, as demand for ownership and rental housing continues to grow, my hope is that we will see more movement from policy makers on two fronts: alleviating the constrained supply of housing and providing more flexibility around demand-side policies, including the OSFI two percentage point mortgage stress test and allowable amortization periods on insured mortgages,” said Toronto Real Estate Board President Michael Collins in a release.

bnnbloomberg.ca

Toronto region home prices rose a fifth consecutive month in May — up 3.1 per cent on average year over year to $838,540 including all types of housing. The number of sales also grew substantially — showing a 19 per cent year over year increase.

But the Toronto Real Estate Board (TREB) warned that the 9,989 transactions last month remain below the decade-average and follow last May’s 15-year low.

A lack of listings — the number was up only 0.8 per cent compared to last May — could tip the market in favour of sellers and could push prices higher, said the board.

“If we continue to see growth in sales outstrip growth in new listings, price growth will accelerate,” TREB said in a release on Wednesday.

“Many households are not comfortable listing their homes for sale because they feel that there are no housing options available to better meet their needs,” said Jason Mercer, the board’s chief market analyst.

Condos continued to see the largest year over year price gains, up 5 per cent to a regionwide average of $590,876. Detached house prices grew by 0.3 per cent on average. Prices remained higher in the city of Toronto where the average condo sold for $642,891 and the average detached house was $1.39 million.

The market recovery appears to have taken hold in the 905-area communities outside Toronto. Only York and Durham regions showed some slight price declines in some housing categories. Peel Region saw the largest year over year price growth — up 5.6 per cent across all categories with condos there increasing 11 per cent and detached homes up 4 per cent year over year in May. That compares to an overall 4.71 per cent price gain in the city of Toronto and a 1.09 per cent decline in York Region.

The seasonally adjusted 2.8 per cent price gain in May was the largest month over month increase since June 2018.

Rents have also continued to climb, according to TREB. This year to date one-bedroom condo rents rose 7.2 per cent to $2,161 a month on average compared to January through May last year. Two-bedroom units rented for 4.5 percent more — $2,837 on average — compared to the same period in 2018.

The real estate board continued to push housing as a priority issue in the upcoming federal election — encouraging all parties to provide positions on affordability, mortgage rules and amortization periods.

Tess Kalinowski is a Toronto-based reporter covering real estate. Follow her on Twitter: @tesskalinowski

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