Toronto real estate might be seeing sales plunge, but condo prices still hit a new all-time high… despite higher inventory.
Toronto Condo Prices Hit A New All-Time High, Inventory Jumps To 21 Month High
Contributing editor, and data sherpa.
Canadian Real Estate Sales Have Worst May In Over 10 Years
Canadian real estate sales continued to slump, any way you cut the numbers. Canadian Real Estate Association (CREA) numbers show May sales, usually the peak of the year, are significantly lower than last year. In fact, it was some the worst May numbers for Canada over the past decade. Seasonally Adjusted Versus Non-Seasonally Adjusted If […]
Typical Toronto Detached Home Is Down Over $105,000 From Last Year
Toronto detached real estate is seeing prices move seasonally higher, but is still way below last year’s levels. Toronto Real Estate Board (TREB) numbers show lower detached prices in May, but the declines are tapering in size. Not entirely unexpected with declining detached sales, and rising inventory across Greater Toronto. Toronto Detached Homes Are Down […]
Vancouver Real Estate Inventory Jumps 38%, Now At 34 Month High
Real Estate Board of Greater Vancouver show prices across the region moved higher in May, despite falling sales and soaring inventory.
Greater Toronto Real Estate Prices Are Down 5%, Sales Drop Over 20%
Toronto real estate prices are stalling, as higher listing inventory and falling sales takes its toll on the market.
Toronto Real Estate Leads The Country In Average Price Declines, Saint John Pops Higher
The average sale price of Canadian real estate is falling, and fast. Canadian Real Estate Association (CREA) numbers show the average price of a home is down 11.3% in April 2018. Most of the declines are being attributed to the country’s largest and fastest falling real estate market – Toronto. Yeah, I haven’t heard of […]
Canada’s Fastest Cooling Real Estate Markets Are In Greater Toronto
Last year’s hottest real estate markets, are this year’s fastest cooling ones. Canadian Real Estate Association (CREA) numbers show the majority of markets saw the sales-to-new listings ratio (SNLR) decline significantly in April. There were a few markets that are seeing the ratio rise, almost all located East of Toronto. The fastest cooling markets were […]
Canadian Real Estate Sales See Slowest April Since 2009, Toronto Leads Declines
Canadian real estate sales see the slowest April since 2009, with Toronto and Vancouver leading the declines.
Canadian Residential Real Estate Is Worth Over $4.8 Trillion, Doubling In 10 Years
Want to see how wacky Canada’s residential real estate markets have become? Check out the total value of all cities. Statistics Canada (StatsCan) just released the total value for all residential real estate in Canada… for 2015. Despite the “old” number, it’s still useful for making broad market observations. Especially when you realize the whole […]
Toronto Detached Real Estate Buyers Have Lost Over $114K Since Last Year
Last year, many Toronto real estate owners were watching their houses make more than them. This year? Not so much. Toronto Real Estate Board (TREB) numbers show detached home prices are down thousands of dollars in April. The detached price declines also appear to be accelerating, as sales continue to drop and inventory rises. The […]
