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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 Estate Sales Fall To Lowest Level Since 2009 Recession

April 3, 2019

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 […]

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Toronto

Toronto Condo Prices Reach All-Time High, Sales Drop To 6 Year Low

March 28, 2019

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 […]

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Toronto

Toronto New Home Sales Fall To Lowest Level Since Great Recession

March 26, 2019

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 […]

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Canada | Toronto

Billions In Toronto Real Estate Bought Anonymously, With Funds of Unknown Origin

March 21, 2019

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 […]

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Toronto

Toronto Detached Prices Down Over 10% From Peak, Inventory Rises To Multi-Year High

March 19, 2019

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 […]

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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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