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.
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Money Laundering Provided 1 In 20 Dollars For BC Real Estate The Government of BC found extensive money laundering is occurring across the province. A paper released by the province estimates $7.4 billion in laundered funds entered BC in 2018, with […]
Demand side measures don’t appear to be slowing down Toronto real estate buyers. Toronto Real Estate Board (TREB) numbers show home prices made the fourth largest jump for April. The abrupt increase was accompanied by an annual rise in sales, as well as inventory. Greater Toronto Real Estate Makes Fourth Biggest Jump In April The […]
Greater Toronto new home sales climbed last month. Numbers from Altus Group show new home sales increased in March, attributed entirely to a rise in the 905. Don’t get too excited though. The only reason new home sales increased, was because the bar was set so low last year. Last month was still the second […]
Toronto real estate sales are still slowing, but buyers are still bidding up prices. Toronto Real Estate Board (TREB) numbers show condo apartment prices reached an all-time high in March. The record high for prices came with a six year low for sales, and a three year high for inventory. Toronto Condo Prices Reach A […]
Toronto’s detached real estate market is showing signs of stabilizing – relatively speaking. Toronto Real Estate Board (TREB) numbers show prices are officially on the rise in March. Meanwhile, the 905 and city, head in opposite directions with sales and inventory. Detached Toronto Real Estate Prices Are Flat Detached prices in Greater Toronto moved a […]
Toronto real estate buyers are dropping like flies, but prices are holding. Toronto Real Estate Board (TREB) numbers show prices increased in March. The rise in prices came with the fewest sales since 2009, and second highest inventory since 2014. Toronto’s Proprietary “Benchmark” Rises The price of a typical home in Greater Toronto increased. TREB […]
Toronto is seeing fewer condo buyers, but they’re willing to pay more. Toronto Real Estate Board (TREB) numbers show the benchmark price of a condo apartment reached a new all-time high in February. Record prices came as sales dropped, and inventory climbed to a multi-year high for the month. Toronto Condo Prices Reach A New […]
The once scorching hot Toronto new home market continues to cool. BILD GTA, a trade group representing GTA home builders, numbers show prices slipping in February. The slip wasn’t large, but combined with rising inventory and falling sales could get worse soon. Last month was the fewest sales for the month of February since the […]
Looking to launder some cash? You might want to head over to Toronto, and use the real estate. A new Transparency International Canada (TI Canada) report studies the corporate ownership of Greater Toronto residential real estate. The organization took a dive through over 50,000 corporate purchases made from 2008 to 2018. Turns out at least […]
Toronto detached real estate buyers still haven’t warmed up to (slightly) lower prices. Toronto Real Estate Board (TREB) numbers show price growth continued to decelerate in February. The deceleration was the result of recession levels of sales, and a multi-year high. Prices are close to the same point as last year, with a deteriorating ratio […]
