TORONTO — Real estate sales in the Greater Toronto Area hit a record high last month in February, 2016, even after accounting for the extra day because of the leap year. The Toronto Real Estate Board says there were 7,621 sales in February, 2016, up from 6,294 — a rise of 21.1 per cent. […]
Toronto Seller Posts
Luxury home sales in Toronto, Vancouver to ‘defy gravity,’ report says
Toronto and Vancouver will continue to lead luxury home sales in Canada this spring in 2016 in both volume and price, and mostly for the same reasons they dominated last year, says a new report released Wednesday. Sotheby’s International Realty Canada cites macro-economic trends including limited inventory and strong demand from both domestic and […]
9 Surprising Household Cleaners
You’ve got a cleaning job to do, and you know just the brand name cleaner to use. But what if the right tool for the job is lurking in the most unexpected places? Could you really find great cleaners in your refrigerator, pantry, or medicine cabinet? These 9 surprising household cleaners, really clean up. […]
Overbuilding on the rise in certain Canadian real estate markets – CMHC
TORONTO – Overbuilding is on the rise in the Calgary, Saskatoon, Regina and Ottawa real estate markets, according to the latest report from Canada Mortgage and Housing Corporation. The housing agency says it uses two main factors to gauge overbuilding: the rental market vacancy rate and the inventory of completed, unsold units per 10,000 […]
CMHC flags housing market risks in Toronto, Saskatoon, Regina
The federal housing agency says there is a risk of correction in Canadian housing markets in several cities, especially Toronto, Saskatoon and Regina, because of overvaluation and overbuilding of real estate. Canada Mortgage and Housing Corporation looks at housing markets in 15 Canadian cities every quarter, in an effort to detect housing bubbles. Average Canadian […]