Higher interest rates and a stress? No match for Toronto condo buyers, apparently. Toronto Real Estate Board (TREB) numbers show condo prices hit a new all-time high in March. The price peak was hit, as sales dropped and inventory levels continued to rise. Toronto Condo Prices Rise Over 14% The benchmark price of a condo […]
Vancouver detached real estate prices are near all-time highs, despite producing the worst first quarter of sales in over 27 years.
Toronto real estate is seeing detached prices climb for a second consecutive month. Toronto Real Estate Board (TREB) numbers show prices inched higher in March. Even with the climb, prices are lower than last year, as declining sales and rising inventory continue to release pricing pressure. Greater Toronto Detached Prices Are Down Over 6% Toronto’s […]
CIBC Economics crunched the numbers on Greater Toronto condo investors, and found that nearly half collect less rent than the required mortgage payments. Most are still making money.
Mild rate hikes in Canada, mean big consumer debt problems. Insolvency filings are on the rise, and consumer proposals just printed their biggest January for growth in over 5 years.
Toronto real estate just slipped into a balanced market, a huge drop from being in deep seller’s territory just a few months ago. Here’s how it compares to the rest of Canada.
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.
