Central Toronto Real Estate TRREB Released May, 2021 Resale Market Figures Residential transactions reported through TRREB’ѕ MLS® Sуѕtеm rеmаіnеd hіgh in Mау 2021, but fеll ѕhоrt оf thе 2016 rесоrd аnd wеrе bеlоw thіѕ уеаr’ѕ Mаrсh реаk. Despite a slight ebb іn ѕаlеѕ оvеr thе last twо months, mаrkеt соndіtіоnѕ rеmаіnеd tight enough […]
Toronto Buyer Posts
Banks and Insurers Increasingly Shy Away from Former Grow Ops
At first glance, the mid-century, three-level Winnipeg home was everything that Sarah Fehr and her fiancee had been looking for. It was located in the right neighbourhood, had a double garage and the backyard was spacious enough for the couple’s two pugs to frolic in. Perhaps most importantly, it was reasonably priced. However, a […]
Toronto MLS Sales and Average Price – August, 2015
TORONTO, September 4, 2015 — Toronto Real Estate Board President Mark McLean announced that Greater Toronto Area REALTORS® reported 7,998 residential transactions through the TREB MLS® System in August 2015. This result represented a 5.7 per cent increase compared to 7,568 sales reported in August 2014. On a GTA-wide basis, sales were up for […]
Canadian Real Estate Market to ‘Slow Down’ as Interest Rates Rise – RBC
TORONTO — Activity in Canada’s real estate market will slow “modestly” in 2016 as interest rates begin to rise, according to a new report from RBC Economics. The report pegs the risk of an outright crash in real estate as low, saying RBC expects the economy to grow and that interest rates will likely rise gradually […]
Price of Luxury Homes in Toronto Keeps Going Up as Sales of $3-million Homes Surge
Sean DeCory/National Post Re/Max says Toronto and Vancouver had a huge surge in the number of $3-million homes sold in 2015.. First it was $1 million, then $2 million. How about $3 million? That’s what Re/Max says is the high end of the luxury housing market — one that has seen an explosion in sales. […]