CMHC says nine of Canada’s 15 largest housing markets are showing signs of being overvalued. The Canada Mortgage and Housing Corporation (CMHC) said in its quarterly Housing Market Assessment that a majority of Canada’s large housing markets are showing either “moderate” or “strong” evidence of being overvalued. The housing agency looks at housing markets to […]
Toronto Business Posts
Central Toronto Real Estate TRREB Released August, 2021 Resale Market Figures
Central Toronto Real Estate TRREB Released August, 2021 Resale Market Figures The Toronto Regional Real Estate Board (TRREB) is reporting the third-best sales result on record for the month of August, 2021. While the market has taken its regular summer breather, it is clear that the demand for ownership housing remains strong. At the […]
Real estate markets near Toronto, Vancouver seeing outsize growth in prices
New Housing in Toronto continues to be a seven-figure proposition (over $1 million dollars) for even an average home, sending more and more people into satellite cities in search of better deals. The Building Industry and Land Development Association said Thursday that the average new detached home in the Greater Toronto Area reached $1.049 […]
Average new detached home price surpasses $1million in GTA
A new detached home in the Greater Toronto Area will cost you over $1 million dollars, the Building Industry and Land Development Association (BILD) said Thursday. According to BILD, it’s the first time the average GTA-wide price has passed the $1-million mark. As of March 31, the average price hit $1,045,659. In just 12 […]
GTA housing developers targeting golf courses
Even on a cloudy day, the view from Katie Trusler’s kitchen table is the perfect vantage point for the golf course that once backed onto her house. Trusler doesn’t shy from saying it was this view that brought her family from Toronto to Aurora a decade ago. And it was this view that she […]