Wednesday, November 22, 2017

Toronto Detached Home Prices Down $200,000 From Higher Prices

  Toronto’s detached real estate is having another rough month. Numbers from the Toronto Real Estate Board ( TREB) has been demonstrated that buyer indecision and substantial downward pressure to the detached home segment in July, 2017. Generally speaking, detached homes across TREB market area showed lower prices, less sales, and more inventory.   Prices […]

Home sales in Toronto go down in June, 2017

  Home sales in the Greater Toronto Area decreased 37.3 per cent last month compared with a year ago, Toronto real estate board said Thursday as purchasers moved to the sidelines following the introduction of legislation that is targeted at cooling one of the most run away housing marketplaces in North America. The Toronto Real […]

Toronto’s deflating run away housing prices, in one chart

  Home sales in Canada’s largest metropolis slowed down for the third largest month in a row, according to numbers released from the Toronto Real Estate Board. That came as new listings rose nearly 16 per cent, and as active listings surged over the year before. The average house price still increased 6.3 per cent […]

Foreign buyers behind merely 5 per cent of Toronto home sales in 2016

  Don’t blame overseas investors for the high price of housing in the Toronto area, tells the Toronto Real Estate Board (TREB). The board has released new research stating fewer than 5 per cent of the 113,133 residential real estate transactions in the Toronto region in 2016 involved foreign buyers. More than half of those foreign buyers were […]

More Torontonians crave hard-to-find detached homes, survey says

  More Torontonians are eyeing detached homes, although there are those properties are the most difficult to locate. A brand-new survey by the Ontario Real Estate Association surveyed 1,003 Ontarians looking to purchase a home. Fifty per cent of them said they plan to buy a detached home in the next two years. In Toronto, […]

Renovation grants give savings to homeowners – BILD

  There are numerous redevelopment grants available to homeowners in the GTA. Ranging from a few hundred dollars to several thousand, programs are offered by different levels of government and partner organizations. Homeowners in the city of Toronto have a number of programs available and one such incentive is the Basement Flooding Protection Subsidy Program. […]

Toronto’s rising rate of missing dementia patients challenges police forces

  As the population ages, the number of people diagnosed with dementia is soaring and many- more than half, according to one estimation- will eventually wander off, presenting police with a unique set of challenges. Last time alone, Toronto police received 835 reports of missing people aged 61 and older, the most important one number […]

Toronto home prices jump in October despite new mortgage rules

  Toronto’s real estate sales clambered more than 11 per cent in October, 2016 compared with a year earlier, despite the introduction of new federal mortgage rules aimed at cooling the region’s overheated housing market. The median price of all homes across the Toronto region rose 21 per cent to $762,975 last month, compared to […]

Unethical agents in red-hot Toronto real estate market under the microscope

  Who are the unscrupulous agents in Toronto’s real estate market? It all depends on who you’re asking. Some real estate agents engage in unethical behaviour, industry veterans recognise. But so do buyers and sellers. The machinations of Toronto’s blazingly red-hot market are receiving a lot of scrutiny these days. Last week, an undercover investigations […]

GTA Realtors Rlease September, 2016 Resale Housing Market Figures

  In toronto real estate, on October 5, 2016, Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS reported 9,902 marketings through TREB’s MLS System in September 2016. This ensue was up by 21.5 per cent compared to September 2015. For the region as a whole, strong annual rates of sales […]

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