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 […]

Toronto’s housing market declines in May, 2017

  After a long period of extraordinary home sales and housing price growing, the Toronto Real Estate Board( TREB) reported that the Greater Toronto Area’s housing market posted the first decline in May, 2017 for a market that’s been hot for at the least the last two years. But will this be a one-month blip, […]

Cooling Toronto housing market can be a return to normal, tell realtors

  It could be the barely disguised frustration of sellers, who listed their homes this spring expecting to attract cut-throat bids from desperate, over-extended purchasers. Instead they are seeing fewer showings and fewer offers.Toronto area home costs dipped about 7 per cent in May, 2017 compared to April, 2017 but remained about 15 per cent […]

Toronto housing prices down slightly in May, 2017 but tight supply keeps prices up

  Toronto region home prices dipped slightly from April to May, 2017 — down $55,604 on average — but were still 15 per cent of the members higher than May 2016, as the supplying of resale house and condo listings rose 43 per cent of the members time over year. The average home cost last-place […]

Toronto area home sales sink in May, 2017 after cooling actions

  House sales fell 26 per cent in the Toronto region in May, 2017 after the Ontario government’s introduction of a foreign-buyer’s tax as many potential purchasers stepped back and waited to assess the market impact. In the 30 days after the province of Ontario announced the immediate introduction of a 15 -per-cent foreign-buyer’s tax on April 20, […]

Growth for more New Condos in 2016 and 2017 in Bloor-Yorkville

  Once a refuge of hippies, artists, and folk singers, Yorkvillle has transformed over the last forty years to become one of the city’s toniest neighbourhoods, home to the country’s most expensive commercial real estate, along with some of the city’s best restaurants and hotels, and at its northern periphery, to some of the most […]

Growth to New Condo units in 2016 and 2017 in Downtown Toronto North

  In this edition of our Growth to Watch For series, we will take a tour of Downtown North, a relatively small, yet rapidly intensifying area of Toronto defined by the University, Bay, and Yonge Street corridors from Charles to Gerrard. Neither as jam-packed with tourists and day-trippers as the Downtown Financial Core to the south, nor […]

Map Explains How Condo Prices Change Along Subway Lines

  If you’re in the market for a new Condo, but don’t want to live far from the Subway lines, Toronto Star has created a map that indicates the average price of condos nearest TTC subways stops. The map shows the average price per square feet you get for buying a Condo in Toronto. According […]

What an average priced Toronto house looked like in March, 2017

  The average price for a detached house in Toronto is $1,561,780, at least according to the latest Toronto Real Estate Board’s latest report. For that much money, you should be able to get a whole lot of house, right? Not always. While you won’t be able to buy a mansion for $1.5 million, you […]

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