Toronto

Toronto Detached Homes Prices Increased $32,500 Just Last Month, While Condos Stall

Greater Toronto real estate entered another cheap credit fueled buying frenzy. Toronto Regional Real Estate Board (TRREB) data shows home prices made a sharp increase in January. The market frenzy wasn’t evenly distributed though, with the suburbs outperforming the city. Detached real estate also saw most gains, making astronomical price increases. Meanwhile, condo apartments haven’t […]

Toronto

Toronto Condo Buyers Are Paying An 87% Premium To Own Instead of Rent

Greater Toronto real estate buyers are paying massive premiums to own. Canada Mortgage and Housing Corporation (CMHC) data shows 2020 rental data. The organization observed, despite more rental vacancies, rents are still rising. More interesting though, they observe that apartment buyers are paying very large premiums for a shot at making big money. Toronto Rental […]