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price appreciation

Condo price goes up higher than detached homes with market rebounds in GTA in Dec, 2021

June 19, 2022 by Central Toronto Real Estate Blog

Condo price goes up higher than detached homes with market rebounds in GTA in Dec, 2021

  Condo price goes up higher than detached homes with market rebounds in GTA in Dec, 2021   The condo market in Toronto tооk the hardest hit of аnу сіtу in Canada when rеѕіdеntѕ flеd іn thе еаrlу days of thе pandemic. Lіѕtіngѕ ѕоаrеd, рrісеѕ fell аnd a flооd оf vасаnt unіtѕ ѕеnt rents dоwnwаrd. […]

Filed Under: Toronto Business Posts, Toronto Buyer Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: bаlаnсеd mаrkеt, Condo market rebound, downtown condo market, dеmаnd-ѕuррlу conditions, dоublе-dіgіt рrісе gаіnѕ, GTA Condo price, GTA detached home price, higher bank rates, higher Intеrеѕt rаtеs, housing shortage, Intеrеѕt rаtе hіkеѕ, inventory shortage, lack оf hоuѕіng ѕuррlу, lоwеr mоrtgаgе rаtе, multірlе offers, offer wіthоut conditions, price appreciation, price growth, prices rіѕіng, strong grоwth, Toronto condo demand, Toronto condo market, toronto condo prices, Toronto downtown condo market, аbоvе thе аѕkіng рrісе, еntrу-lеvеl buyers, оvеrvаluеd prices, рrісеd оut buyers

Surging sale of $1-million-plus Toronto homes urging calls for new measures

March 22, 2017 by Central Toronto Real Estate Blog

Surging sale of $1-million-plus Toronto homes urging calls for new measures

  Sales of single-family detached homes commanding prices of at the least$ 1-million have almost doubled in 2017 in the Greater Toronto Area, as economists elevate the spectre of a real estate bubble. The GTA produced 2,876 sale of detached properties of $ 1-million or more in January and February in 2017, compared with 1,548 […]

Filed Under: Toronto Buyer Posts, Toronto Neighborhoods Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: central toronto real estate, foreign buyer tax, price appreciation, toronto home buyer, toronto home seller, toronto real estate

More housing are needed, just not a tax on foreign home buyers

March 21, 2017 by Central Toronto Real Estate Blog

More housing are needed, just not a tax on foreign home buyers

  Housing prices in Toronto went through the roof long before governments started toying with a levy on foreign property buyers. While attractive for politicians, whose first have responded to any problem is to tax it, the above issues has been decades in the making, matching a chronic absence of housing supply to ever-increasing demand, […]

Filed Under: Toronto Buyer Posts, Toronto Neighborhoods Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: central toronto real estate, foreign buyer tax, low interest rates, price appreciation, toronto condo buyer, toronto condo seller, toronto real estate

Even Toronto’s Top 1 per cent Earners Are Being Priced Out Of Housing Sell, BMO Says

March 21, 2017 by Central Toronto Real Estate Blog

Even Toronto’s Top 1 per cent Earners Are Being Priced Out Of Housing Sell, BMO Says

  Taking into account the “stress test” for mortgages that the federal Liberals instituted last year, Porter estimated that a couple earning $225,000 with $100,000 for a down payment would be able to buy a residence of $987,289. The median rate of a single-family house sold in Toronto in February was $1.57 million.   “It […]

Filed Under: Max's Humble Comments - Toronto Real Estate, Toronto Buyer Posts, Toronto Neighborhoods Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: central toronto real estate, move up buyer, move up seller, price appreciation, Toronto Detached Home Price, toronto real estate

The problems of runaway house prices in Toronto

February 8, 2017 by Central Toronto Real Estate Blog

The problems of runaway house prices in Toronto

  We need the facts about the extent to which foreign buyers are driving up real estate prices in Toronto. It’s time for the federal and provincial governments to collect the necessary data on the sale of housing to foreign-based buyers. Without reliable data and figures, it’s impossible to set policy, protect the dream of […]

Filed Under: Toronto Buyer Posts, Toronto Mortgage Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: foreign buyer tax, housing bubble, housing mortgage, housing speculation, price appreciation, shortage of listings

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