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Category: Toronto

The hottest news and analysis on Toronto real estate. Here’s where you’ll find the latest home prices, and trending issues on housing in the Six.

Toronto

Toronto Real Estates Has The Worst February Sales Since 2009

March 5, 2019

Toronto real estate sales were recession like in numbers, but prices climbed higher. Toronto Real Estate Board (TREB) numbers show last month’s sales were the fewest for a February in a decade. The decline in sales were accompanied with a mixed change in inventory, and a rise in prices. Toronto Real Estate Prices Rise Over […]

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Toronto

Only 1 In 10 New Homes In Greater Toronto Were Bought Last Month

February 28, 2019

Greater Toronto new home sales are off all-time lows, but not far from it. BILD GTA, a lobby representing homebuilders, noted a rise for new home sales in January. Last month may have seen an increase, but it was still very much below normal. Toronto Real Estate Prices Are Still Diverging Greater Toronto new home […]

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Toronto

Toronto Condo Sales Fall Back To 2015 Levels, Biggest Price Drop Since Summer 2017

February 20, 2019

Greater Toronto’s condo mania is subsiding, deflating some of the pressure on prices. Toronto Real Estate Board (TREB) numbers show the price of a typical condo made an abrupt decline in January. Even with the decline, price are still much higher than last year. The month also saw the fewest sales in years, accompanied by […]

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Toronto

Altus: Half of Toronto Real Estate Buyers Were First-Time Buyers

February 14, 2019

Toronto real estate is super expensive, which is why there’s so much political support for first-time buyers… right? What if we told you  first-time buyers might be a large part of why prices are so high? Altus Group, a massive real estate insight company, published survey results on first-time buyers. The claim that first-time buyers […]

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Toronto

Toronto Detached Real Estate Prices Roll Back Two Years of Gains

February 12, 2019

The selection of detached homes in Greater Toronto has made a dramatic increase. Toronto Real Estate Board (TREB) numbers show detached inventory reached a multi-year high in January. Rising inventory combined with the second fewest sales since the Great Recession, helped to drop prices back to 2016 levels. Greater Toronto Detached Real Estate Loses Two […]

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Toronto

First-Time Toronto Real Estate Buyers To Use “Current Home” To Fund Down Payments

February 8, 2019

Everyone knows the easiest way for a first-time buyer to buy a home, is to already own a home. The Toronto Real Estate Board (TREB) published results from its annual buyer survey. The survey asks recent and intending buyers about their experience, and gives the industry insights into their behavior. Most of it was not […]

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Toronto

Toronto Real Estate Sales Were The Second Lowest Since Great Recession

February 6, 2019

Toronto real estate buyers demonstrated they are still exuberant, but there’s a lot less of them. Toronto Real Estate Board (TREB) numbers show prices climbed in December, but are off peaks. The month also came in at a multi-year for inventory, and the second fewest sales in 11 years. That sales number is likely to […]

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Toronto

Greater Toronto New Home Sales Fall To 2008 Levels, Inventory Up Over 38%

February 5, 2019

If you’re looking for a new home in Greater Toronto, there’s a whack of supply that continues to rise. Altus Group numbers obtained from BILD show December inventory was the highest in years. The rising inventory came as the market saw the fewest new home sales since the Great Recession. Greater Toronto New Home Prices […]

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Top Stories | Toronto

This Week’s Top Stories: Canadian Real Estate Sales Dropped 11% In 2018, and Home Equity Loans Are Soaring

January 27, 2019

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Sales Fell Over 11% In 2018, Biggest Drop Since 2008 Canadian real estate sales made a big drop last year, and that’s going to have consequences for the economy. Just 458,442 sales went through the MLS in […]

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Toronto

Toronto Condo Sales Fall To 2013 Levels, Prices Hit A New All-Time High

January 17, 2019

Toronto real estate is seeing lower sales, but that didn’t stop condo prices from moving higher. Toronto Real Estate Board (TREB) numbers show the price of condo reached a new all-time high in December. Rising prices in Toronto came with the fewest sales for the month since 2013. Toronto Condo Prices Rise Over 8% Greater […]

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