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.
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 […]
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 Households Have Over $384 Billion In Debt, and Over 80% Is Tied To Real Estate
Toronto real estate debt has been soaring, but how much other debt do households have? Equifax numbers from the Canada Mortgage and Housing Corporation (CMHC) show that the majority of debt is real estate related, but there’s still a whack of consumer debt. When broken down into payments, consumer debt requires nearly as much cash […]
Toronto Condo Prices Hit A New All-Time High, But You’re Going To Want To See This Chart
Toronto condos printed a new all-time high for the fifth consecutive month. However, rapidly decelerating price growth may indicate we’re approaching the end of this run.
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 […]
Toronto Real Estate Prices Made The Biggest Annual Decline Since 2009
Hot spring market? Nope. Toronto Real Estate Board (TREB) numbers show April was colder than usual, as demand continues to drop. Generally speaking, the market is seeing price moderation, lower sales, and rising inventory levels. Greater Toronto Real Estate Prices Dropped Over 5% The benchmark composite, the price of a typical home in Toronto, is […]
Court Hears of Unexplained Millions From China and Toronto Real Estate
A civil court case over some pricey pieces of Toronto real estate leaves a lot of questions unanswered about the state of Canadian lending practices.
A Third of Toronto Condo Buyers Might End Up Paying Double The Sticker Price
Low interest rates driving Toronto’s condo market? Not exactly. Nearly a third of mortgages on new condos being occupied by the owner, are paying rates nearly double the average.
Toronto Condo Prices Rip To A New All-Time High
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 […]
