Last time late mortgage payments in Ontario were this low, Toronto real estate crashed. Late payments then escalated *really* fast.
Toronto real estate enters two distinct markets. Detached homes are soft, but condos are fetching up to 50% more in some neighborhoods.
Toronto’s having a tough time filling jobs. At the wages offered, employees would have to devote more than half their income on rent.
Where the foreign buyers at? Don’t worry, we mapped them region by region, so you can see how Toronto real estate compares to the burbs.
Toronto real estate is having a rough June, but the segment hit worst is detached homes. Detached inventory has more than doubled.
Toronto real estate makes a sharp turn. Prices growth is slowing, sales are dropping, and inventory is hitting highs.
Foreign buyers accounted for 4.7% of Toronto area real estate purchases. This includes people eligible for the foreign buyer tax rebate.
Toronto real estate may be cooling, but condos are seeing the fastest rising prices in the country – with the exception of a Toronto suburb.
While Toronto real estate is making up it’s mind, we take a peak at how prices changed in an affluent suburb to see if we can gain insights.
New data shows Toronto real estate prices surged right when people decided it was a good time to buy and sell property in less than a year.