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Archives for November 2021

Toronto has most competitive real estate market in recent memory in 2021

November 15, 2021 by Central Toronto Real Estate Blog

Toronto has most competitive real estate market in recent memory in 2021

  Toronto has most competitive real estate market in recent memory in 2021   Fоllоwіng a rеlаtіvеlу ѕlоw ѕummеr, the rеаl еѕtаtе mаrkеt hаѕ rеаwаkеnеd, wіth buуеrѕ аnd thеіr аgеntѕ zооmіng frоm ѕhоwіng tо ѕhоwіng, ѕеllеrѕ аnd thеіr аgеntѕ рrерріng hоuѕеѕ tо brіng tо mаrkеt, аll whіlе еvеrуоnе else іѕ dоіng thеіr bеѕt tо kеер […]

Filed Under: Toronto Business Posts, Toronto Buyer Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: Aсtіvе lіѕtіngѕ, blіnd bіddіng, competitive market, condo price growth, drіvе-uр prices, drіvіng dеmаnd, freehold mаrkеt, fіеrсе competition, fоrеіgn buуеr асtіvіtу, fоrеіgn hоmе рurсhаѕеѕ, high demand, high demand for housing, higher rental prices, house price growth, Hоmе Buуеrѕ’ Bіll оf Rіghtѕ, low listings, lіmіt іnvеntоrу, lоw іntеrеѕt rаtеѕ, real estate market, real еѕtаtе industry, rеgulаtоrу ѕуѕtеm, rіѕіng prices, Toronto Real Estate Market, аffоrdаbіlіtу сrіѕіѕ, соndо mаrkеt

Toronto’s downtown core an increasingly competitive process for renting

November 14, 2021 by Central Toronto Real Estate Blog

Toronto’s downtown core an increasingly competitive process for renting

  Looking to rent a condo in downtown Toronto? Make sure you have your rental application package when you go to look at the place, advises a Toronto realtor.. The bidding wars are prevalent in Toronto’s re-sale home marketplace and they now affecting condo rentals. “If you don’t go with your package in hand — […]

Filed Under: Toronto Buyer Posts, Toronto Real Estate Posts Tagged With: bidding, central toronto real estate, downtown toronto rental market, toronto real estate, toronto rental market

Toronto home prices jump in October despite new mortgage rules

November 14, 2021 by Central Toronto Real Estate Blog

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 […]

Filed Under: Toronto Buyer Posts, Toronto Mortgage Posts, Toronto News Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: central toronto real estate, downpayment, mortgage, real estate prices, stress test, toronto real estate

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

November 14, 2021 by Central Toronto Real Estate Blog

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 […]

Filed Under: Toronto Buyer Posts, Toronto News Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: buyers, central toronto real estate, double-ending, RECO, sellers, toronto real estate, Unethical agents

Home Price market correction will begin soon – National Bank

November 14, 2021 by Central Toronto Real Estate Blog

Home Price market correction will begin soon – National Bank

  Vancouver’s detached home prices will fall 20 per cent over the next year as the number of homes changing hands in the city continued to plunge, National Bank Financial said in a report on Friday. “In the case of vehicles of Vancouver, we consider a price correction are now beginning soon ,” National Bank […]

Filed Under: Toronto Buyer Posts, Toronto Mortgage Posts, Toronto New Condo Investment Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: central toronto real estate, first-time buyers, mortgage rate, price correction, toronto real estate

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