Lower condo sales and higher inventory should relieve some of the pricing pressure in Vancouver, right? Not according to numbers published by the Real Estate Board of Greater Vancouver.
Toronto condo prices are still climbing at the same pace as last year, despite a huge drop in sales, and inventory climbing back to historic levels.
Toronto detached real estate is seeing demand decline, almost as quickly as it rose last year. Toronto Real Estate Board (TREB) numbers for February show prices are falling. The price movement is expected, as higher inventory levels meet declining sales. Benchmark Prices Vary From A 9% Gain, To Declines Over 10% The prices of a […]
Canadian real estate and its related industries drove almost a fifth of GDP growth, and make up more than a fifth of total GDP according to the newest numbers from StatsCan.
Canadian real estate prices are booming, but late mortgage payments are falling rapidly. It probably doesn’t mean what you think it does.
Toronto real estate prices are diverging, with detached prices dropping while condos are hitting new all-time highs. Is the gap between the two becoming too close?
Toronto’s detached real estate continues to explore where prices should be. Numbers from the Toronto Real Estate Board (TREB) show detached prices are starting to fall across Greater Toronto. The lower prices were accompanied by lower sales, and higher inventory. Sounds bad, but that means the market is now adopting healthy market mechanics. Healthy market […]
Toronto real estate prices are still up, but higher inventory and less sales are putting a huge amount of downward pressure on price growth.
Global wealth migration is accelerating, but wealthy families (and their real estate dollars) aren’t as interested in moving to Canada as they used to be.
Toronto real estate buyers and sellers may be on two different pages, according to a new survey. A survey conducted by Ipsos, on behalf of the Toronto Real Estate Board (TREB), shows an increasing number of homeowners are preparing to cash in. The larger group of home sellers, will also be met with a decreasing […]