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2018 Condos Market Outlook in Toronto

BAZIS 1 Yorkville condos
BAZIS 1 Yorkville

While news headlines show dramatic changes in market conditions from 2016 to 2017, if one looks deeper, the picture is much more stable than would first appear.  It’s important to note that 2015 and 2016 were not typical years.  With an almost frantic pace fueled by low inventory, buyers scrambled to buy, resulting in bidding wars and a huge upswing in sales numbers.  The activity seen in those two years make the return to more normal conditions in 2017 and 2018 appear much more dramatic than they actually are. Continue reading

International Real Estate Developer BAZIS Inc. Chooses Toronto For Future Developments

Toronto is the city of choice for world renown builder BAZIS Inc. Ranked as one of the safest cities in the world, Toronto is liveable, multicultural, beautiful, and rapidly growing! It is undeniable that Toronto is booming, the local real estate market is one of the hottest in North America. But with new residential and commercial developments sprouting at a rapid rate, it is vital to ensure that urban builders don’t just have profits in mind. BAZIS Inc. is a perfect fit for the Toronto real estate market. They understand the complexities of vertical, urban architecture, and the foundations needed to build luxury living spaces that promote a sense of community within a busy urban core. Continue reading

Condo Market: Forecasting for Fall

The change of seasons brings with it a new forecast for market trends in both real estate and design.

At the beginning of the summer, both the Toronto Real Estate Board (TREB) and Canadian Real Estate Association (CREA) released their forecast for the fall housing market indicating a favourable outlook for condos. TREB reports indicated a decline in home sales overall, but the smallest decline came in the form of condo sales. Continue reading

Real Estate Forecast for 2017

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2016 proved to be another record setting year in the real estate market with particular sales growth being experienced for condominium apartments followed by detached homes. Continue reading