Toronto Tops North American Crane Count, and There’s 400 More Projects Proposed
No other North American city has more high-rise construction cranes, as the rush to develop Toronto real estate reaches a fevered pitch.
Toronto Condos Squeeze Out The Smallest Price Change Since August To Print New High
Toronto real estate saw a minor price acceleration last month, and condos were no exception. Toronto Real Estate Board (TREB) numbers show the price of a typical condo is just below the all-time high. For the first time since December, annual price gains stopped decelerating. This could be a sign of the market getting ready […]
Toronto Real Estate Prices Slip Lower, But The Size of Losses Shrink
Toronto real estate showed signs of improvement from last year, but that doesn’t exactly say much. Toronto Real Estate Board (TREB) numbers show sales improved in July, printing a huge jump. Last year’s numbers were hampered by policy changes, so it isn’t the great news it appears. Despite showing big gains, most numbers indicate it […]
CMHC: Canadians Over 55 Are Sitting On Over $277 Billion In Real Estate Debt
Canadian real estate debt is at epic levels, but who are these people borrowing? The Canada Mortgage and Housing Corporation (CMHC) and Equifax provided us with a breakdown of debt, shedding a little light on homeownership at the end of 2017. Despite elevated home prices across Canada, there’s over a million Millennial homeowners. Even more […]
Every Major Canadian Real Estate Market West of Ottawa Is Cooling Down
Canadian real estate markets continued to cool across the country. Canadian Real Estate Association (CREA) numbers show the sales to new listing ratio dropped in every major market west of Ottawa. That’s right, only four markets saw improvements last month. Sales To New Listings (SNLR) The sales to new listings ratio (SNLR) is the indicator […]
Toronto Detached Real Estate Sales Rise, But Still The 2nd Worst June In At Least 7 Years
Toronto’s detached real estate is showing signs of improvement, but it’s far from a recovery. Toronto Real Estate Board (TREB) numbers show prices are down by tens of thousands of dollars in June. The lower prices did provide a little motivation for buyers, sending sales up from last year. Don’t get too excited though, it […]
Toronto Real Estate Sales Spike… Due To A Revision of Last Year’s Sales
Toronto real estate showed signs of life for the first time in a year, although there are a whole lot of footnotes. Toronto Real Estate Board (TREB) reported Greater Toronto price declines improved in May, compared to last month. Although they’re still down from the year before. Sales definitely did spike though! … but only […]
Toronto Is (Still) The Fastest Cooling Real Estate Market In Canada
According to the Canadian Real Estate Associations’ SNLR, Toronto was the fastest cooling market in the country in May.
Toronto Condo Prices Hit A New All-Time High, Inventory Jumps To 21 Month High
Toronto real estate might be seeing sales plunge, but condo prices still hit a new all-time high… despite higher inventory.
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 […]
