Toronto

Toronto Real Estate Wasn’t Impacted By New Mortgage Rules In November

Toronto real estate was impacted minimally by new mortgage rules, as the first full report since the changes showed continued strong demand.

Almost 1 in 3 listings for Toronto real estate were identified by the agents as never occupied, indicating the city has a lot of speculation.

Toronto condos logged another solid month of gains, with inventory disappearing more than 60% faster than October 2015.

Demand for Toronto real estate was especially high in the detached home segment, with October 2016 numbers dwarfing last year.

All of this bubble talk had little impact on buying, as Toronto real estate continued to see an increase in demand-side pressure.

Toronto real estate prices continued higher in September, as buyers demonstrated a significant preference for detached homes.

Two major sales in Toronto real estate may have sold below cost. These may be the first signs of luxury buyer exhaustion.

Toronto real estate was scorching in August, with the condo market being no exception. The average price is now $417,869

While not as hot as Vancouver, Toronto’s real estate market is still scorching – with more demand and less available inventory.

Ontario’s finance minister Charles Sousa on Toronto real estate, the future of Ontario home prices, rising rates, and foreign buyers.