Even as the price gap between condos and single-detached homes widens in the new year, condo markets in major cities, including Toronto, Montreal and Vancouver, should eventually find their footing.

The first of several cantilevered design features is now visible on the west tower as the building shifts sideways, creating a staggered and stacked profile.

Rising above them all, an 87-storey condo tower pitched in Yorkville is the city’s tallest high-rise proposal for 2020.

The development features sleek architecture, thoughtfully designed suites and a convenient location adjacent to the Burquitlam SkyTrain Station.

Priced at $3.3 million, The Ivy boasts similar square footage to a small suburban home with 1,496 square feet of living space.

The development application includes plans for a five-storey, mixed-use building comprising 51 rental apartments and four live-work units.

“A few forecasters reiterated at the start of December that they still expect declines in house prices in 2021… It seems very hard to justify those downbeat views from the recent data,” said Capital Economics’ Stephen Brown.

A new report published by PadMapper this week revealed that Vancouver has overtaken Toronto when it comes to the average price of a one-bedroom rental unit.

While home buying activity in the Vancouver region is slowing down ahead of the holidays, it’s still on track to exceed home sales totals recorded in December 2019 and 2018.

The 12-acre master-planned community is nestled within a ravine setting, surrounded by nature and packed with family-friendly amenities.

The development offers premium living with modern, well-appointed suites, condo-like amenities and eco-friendly features.

According to new CREA figures, there have been 511,449 home sales between January and November this year. That’s already the second-highest January to November sales tally on record.

Just south of the Lower Don Parklands and a stone’s throw away from the DVP, a purpose-built rental project has been proposed for a corner lot in Old East York.

he final phase continues the development’s tradition of offering thoughtfully-designed homes with contemporary architecture, sleek interiors and open-concept layouts

Some homebuyers are flocking from the downtown core to the suburbs in search of better value for their money and more living space.

A small grocery store near The Junction in Toronto’s west end could be transformed into a purpose-built rental building.