Monday 10 June 2013

Aura Construction Update - June 2013


























Aura Construction Update - June 2013


The latest construction update from the Aura Condo Project in downtown Toronto at Yonge and Gerrard. Cladding is moving up as you can see, seems that whatever hold up there was is now slowly easing the project seems to be picking up steam again.



 This photo taken from Bay and College looking East back towards the Aura Condo Project being developed by Canderel Stoneridge out of Montreal. The Tower when complete will be 78 floors and 272 meters tall, making it the tallest condo in the country. At least tallest pure condo and not condo hotel such as the Trump building which also uses a cheater spire to gain some of it's hieght.


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Housing Starts Trending Up in the Hamilton CMA


Housing starts in Hamilton Census Metropolitan Area (CMA) were trending at 3,044 units in May compared to 3,040 units in April, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six month moving average of the monthly seasonally adjusted annual rates (SAAR)1 of housing starts.

"The trend in Hamilton's total housing starts remained practically unchanged in May 2013 relative to the previous month. Hamilton CMA residential construction activity in the past three months has been consistently signalling a stable local housing market," said Abdul Kargbo, CMHC's Senior Market Analyst for Hamilton and Brantford CMAs.

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