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City: Toronto Real Estate

Toronto real estate news. Find the latest data-driven coverage on Canada’s largest city.

Toronto

Toronto Household Debt Problems Surface, Insolvencies Rise Over 26%

December 6, 2019

Greater Toronto households are starting to show a few cracks, after a big debt binge. Office of the Superintendent of Bankruptcy Canada (OSB) filings show insolvencies jumped in Q3 2019. The Greater Toronto region isn’t just showing a large climb for insolvencies. It’s been accelerating recently as well. Insolvencies Vs. Bankruptcies Insolvencies come in two […]

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Toronto

Toronto Real Estate Prices Make Second Largest November Jump Ever – Tops 2017 High

December 4, 2019

The Toronto real estate market is on fire again, as buyers send prices on a very large monthly climb. Toronto Real Estate Board (TREB) numbers show the composite price index reached a new high in November. The increase in prices for November is one of the biggest in history for the month. Greater Toronto Real […]

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Toronto

Toronto New Home Inventory Rises To Highest Level In Years, Sales Data Revised Higher

November 29, 2019

Greater Toronto new home sales are rising, but so is inventory as well. Altus Group data shows inventory reached a multi-year high in October. The rise in inventory was accompanied by higher sales too – just not in the City of Toronto. In the City proper, sales continue to make significant declines. Greater Toronto New […]

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Toronto

Toronto Detached Real Estate Sales Improve, But Still Way Below Peak

November 21, 2019November 21, 2019

Toronto’s detached real estate market is making big improvements into the end of the year. Toronto Real Estate Board (TREB) data shows prices increased in October. Prices moved higher on improved demand, however, both prices and demand are weaker than they were at peak. Toronto Detached Real Estate Prices Rise Over 3% The price of […]

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Toronto

Toronto Condo Prices Increased 4x The Pace of House Prices

November 15, 2019

Toronto real estate prices are rising, but most of the beefy gains are due to one segment. Statistics Canada (Stat Can) updated its new Residential property price index for Q3 2019. The Toronto index shows condo prices are rising much faster than house prices. It also tells us that resale prices are rising much faster […]

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Toronto

Toronto Real Estate Prices Made The 2nd Largest Monthly October Jump In Over 10 Years

November 5, 2019

Greater Toronto real estate is picking up once again, especially the price momentum. Toronto Real Estate Board (TREB) numbers show prices made a larger than usual climb in October. Rising prices came as sales returned to normal volumes, and inventory dropped. Just in time for the Federal government to throw stimulus into the market. Greater […]

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Toronto

Greater Toronto New Home Sales Improve, But On Target For A Weak Year

October 31, 2019

Greater Toronto new home sales made a big improvement from last year. Altus Group data shows sales of new homes were up big in September. Most of the increases were in the suburbs, and a lot of the increase has to do with a slow comparison period. Year to date, Greater Toronto new home sales […]

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Toronto

Toronto Condo Price Growth Falls Below 905 Condos

October 29, 2019

The Toronto condo market was expecting a big surge of buyers last month, and that they got. Toronto Real Estate Board (TREB) data shows sales made a double digit jump in September. Despite the big rise in sales, prices made the second smallest monthly increase of the year. Toronto Condo Prices Make Smallest Increase Since […]

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Toronto

Toronto Detached Real Estate Prices Rise The Most Since 2017

October 22, 2019October 27, 2019

The Greater Toronto detached real estate market is buzzing once again. Toronto Real Estate Board (TREB) numbers show sales made a big jump in September. Sales volumes aren’t back to boom time levels, but the increase was enough to raise prices. Most of the gains are in the 905, which is seeing much higher price […]

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Toronto

Toronto Real Estate Sales Jump Double Digits, Just Under Typical Volumes Again

October 10, 2019

A big Swiss bank recently ranked Toronto real estate the second biggest bubble in the world, but the city can’t hear them. Toronto Real Estate Board (TREB) numbers show price growth accelerating in September. The increase in growth comes after sales and inventory  returned to typical volumes. Toronto Real Estate Prices Rise Over 5% The […]

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