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Renters are causing demand in new Toronto highrise construction

November 14, 2021 by Central Toronto Real Estate Blog

Renters are causing demand in new Toronto highrise construction

  In Toronto real estate, a study by real estate consultant Urbanation and obtained by CBC News shows much of Toronto’s high rise construction in 2016 is being fuelled by demand from renters who are either unable or unwilling to pay record prices for real estate. It’s a significant change from the previous decade’s boom, which was spurred primarily by […]

Filed Under: Toronto Business Posts, Toronto Mortgage Posts, Toronto Real Estate Posts Tagged With: central toronto real estate, toronto condo buyer, toronto new condo project, toronto real estate, toronto rental market

Real estate transparency law, how it works

November 14, 2021 by Central Toronto Real Estate Blog

Real estate transparency law, how it works

  In real estate law, confidentiality rules mean bidders can’t see contents of other bids, but Ontario legislation has transparency rules, too.   In toronto real estate, when you’re involved in a bidding war for a home and you lose, it can be frustrating and discouraging — even heartbreaking. Especially when you find out that […]

Filed Under: Toronto Buyer Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: central toronto real estate, toronto home buyer, toronto home seller, toronto real estate, transparency law

SPIS real-estate document could induce a path to court

November 14, 2021 by Central Toronto Real Estate Blog

SPIS real-estate document could induce a path to court

  In toronto real estate, the Seller Property Information Statement (SPIS) continues to be the single most dangerous document in current use in the real estate market. Since 1997, when the form first came into use, there have been 94 reported Ontario court cases centred on the document. Across the country, the total exceeds 250. […]

Filed Under: Toronto Buyer Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: central toronto real estate, SPIS Seller Property Information Statement, toronto home buyer, toronto home seller, toronto real estate

Low-rise homes have gained impressive 10-year result

November 14, 2021 by Central Toronto Real Estate Blog

Low-rise homes have gained impressive 10-year result

  In toronto real estate, further proof that property investment in Toronto hot market has been a solid choice – as if it was really needed. The average price of a low-rise home in the Greater Toronto has more than doubled since 2006, according to the Building Industry and Land Development Association (BILD). The average […]

Filed Under: Toronto News Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: central toronto real estate, housing bubble, Toronto home price, toronto real estate

Central Toronto Real Estate TRREB Released October, 2021 Resale Market Figures

November 14, 2021 by Central Toronto Real Estate Blog

Central Toronto Real Estate TRREB Released October, 2021 Resale Market Figures

  Central Toronto Real Estate TRREB Released October, 2021 Resale Market Figures   Hоmе ѕаlеѕ іn the Greater Tоrоntо Arеа (GTA) rеасhеd the second-highest lеvеl on record fоr thе mоnth оf Oсtоbеr, 2021. Hоwеvеr, thе іnvеntоrу оf homes fоr sale did nоt kеер uр with dеmаnd. Thе number оf nеw lіѕtіngѕ wаѕ down by approximately […]

Filed Under: Toronto Business Posts, Toronto Buyer Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: 2022 Ontаrіо еlесtіоnѕ, affordability crisis, buyer affordability, central toronto real estate, dеmаnd аnd ѕuррlу, dоublе dіgіtѕ, dоublе-dіgіt increase, economic dеvеlорmеnt, federal infrastructure іnvеѕtmеnt., Greater Tоrоntо Arеа, high dеmаnd for hоuѕіng, housing ѕuррlу shortages, housing іnсеntіvеѕ, housing оwnеrѕhір, hоuѕеhоld confidence, hоuѕіng affordability, hоuѕіng dеmаnd, local есоnоmу, low-rise hоmе sales, lоw-rіѕе market, mortgage affordability, mаjоr home tуреѕ, mаrkеt соndіtіоnѕ, number оf nеw lіѕtіngѕ, numbеr оf nеw lіѕtіngѕ, price growth, rental housing ѕuррlу, Resale Market Figures, second-highest lеvеl, Toronto housing affordability, tіght market соndіtіоnѕ, аffоrdаbіlіtу сhаllеngеѕ, аnnuаl рrісе growth, аvеrаgе ѕеllіng price, аvеrаgе рrісе growth, есоnоmіс recovery, ѕuррlу shortages, іnvеntоrу оf homes, соndоmіnіum apartment segment, соndоmіnіum араrtmеnt ѕаlеѕ

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