The Toronto condo market is making erratic swings, with some neighborhoods posting over $30k gains, and others posting over $30k in losses.
Vancouver detached real estate hits an all-time high, despite sales declining almost twice as fast as inventory.
Toronto detached real estate had a rough July, with TREB reporting neighborhoods experiencing a drop of up to $200,000 in some ‘hoods.
Toronto Real Estate Board numbers show neighborhoods in Toronto saw typical home prices drop up to $2,100 per day.
Toronto is seeing rental prices rapidly increase according to TREB, especially when compared to historical increases.
Just when you didn’t think Vancouver real estate could get any wackier, the condo market goes completely haywire.
Toronto real estate enters two distinct markets. Detached homes are soft, but condos are fetching up to 50% more in some neighborhoods.
Toronto real estate is having a rough June, but the segment hit worst is detached homes. Detached inventory has more than doubled.
Vancouver real estate might be printing fresh highs, but the detached market is now posting annual rises lower than inflation.
Toronto real estate makes a sharp turn. Prices growth is slowing, sales are dropping, and inventory is hitting highs.