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 […]
Real Estate Board of Greater Vancouver show prices across the region moved higher in May, despite falling sales and soaring inventory.
Toronto real estate prices are stalling, as higher listing inventory and falling sales takes its toll on the market.
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 […]
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 the slowest April since 2009, with Toronto and Vancouver leading the declines.
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 […]
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 […]
Despite Toronto real estate prices hitting a road block, the price of a home across Canada has reached a record high.
The Government agency in charge of mortgage liquidity still thinks Canadian real estate is at a “high” degree of vulnerability, although the reasons vary by market.
