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 real estate buyers may be paying slightly more than last year, but there’s a lot less of them. Toronto Real Estate Board (TREB) numbers show November at a multi-year low for sales. Toronto’s sales low came with higher than average inventory, but prices still moved higher due to a condo apartments. Toronto Real Estate […]
Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canada’s Money Supply Prints Another Ominous Signal For The Housing Cycle The Canadian money supply is printing a warning sign. The growth rate of M2++, the broadest measure of Canadian money, fell to 5.1% – down 20.3% from last year. […]
Greater Vancouver real estate is seeing softer demand for pre-sale units. Numbers from MLA Canada, a Vancouver-based real estate advisory firm, show more pre-sale units hit the market than expected in October. At the same time, same month absorption has continued a trend of declines. Greater Vancouver Pre-Sale Real Estate Sales Rise Over 31% The […]
Greater Toronto is seeing the fewest new real estate sales for October in over half a decade. Altus numbers, obtained from BILD, show sales made a huge nose dive in October. The sales decline resulted in higher inventory, and mixed price movements. Greater Toronto New Detached Prices Fall, While Condos Rise Greater Toronto is a […]
Toronto’s detached real estate prices are down a tenth from peak, but condos are still moving higher. Toronto Real Estate Board (TREB) numbers show condo sale prices reached a new all-time high in October. The high was the result of more sales and less inventory. Despite the tighter market, price gains continued to decelerate to […]
Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Real Canadian Mortgage Credit Growth Is Pointing To An Early 80s Style Meltdown Canadian real estate sales are dropping, and taking credit growth with it. The growth of mortgage credit fell to 3.38% in September, compared to last year. The […]
Toronto’s detached real estate market is performing better than last year, but that doesn’t say much. Toronto Real Estate Board (TREB) numbers show detached sales improved in October. The improvement isn’t as exciting when you realize sales are still below the 10 year trend. As for prices? They are basically retracing last year’s movements, give […]
Greater Toronto real estate buyers were a little more confident last month. Toronto Real Estate Board (TREB) numbers in October showed huge improvements from last year. Prices are still in a downtrend, but higher sales and improved price gains lend to the possibility of breaking that trend. Toronto Real Estate Prices Are Up Over 2% […]
Greater Toronto real estate may not be much more affordable, but it’s a lot easier to find a new home. Altus Group and BILD GTA data show a lot more new home inventory in September. The market is also seeing fewer new home sales, and lower prices for detached home… but higher condo prices. Greater […]
Time for your weekly cheat sheet on the most important stories this week. Canadian Real Estate Gasp! Canadians Might Have To Actually Make Enough Money To Buy Real Estate Soon Canada’s banking regulator wants to put an end borrowers depending on equity to get a mortgage. Equity lending, the process of depending on “earned” equity […]
