Toronto and Vancouver condos are shrinking at an incredibly fast rate. Statistics Canada (Stat Can) crunched the size of condo apartments using assessment data. The data shows the median size of newer developments are fast shrinking – not all that surprising to most. It is surprising to see Toronto condo units shrinking much faster than […]
Toronto and Vancouver homeowners are condo crazy, and it shows in assessment values. Statistics Canada (StatCan) numbers show median assessment values for condos were at a huge premium in 2018. The gap between assessments for a condo apartment is as much as double in Toronto. Vancouver, the country’s most expensive city, isn’t seeing nearly as […]
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 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 […]
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 […]
Toronto real estate is seeing lower sales, but that didn’t stop condo prices from moving higher. Toronto Real Estate Board (TREB) numbers show the price of condo reached a new all-time high in December. Rising prices in Toronto came with the fewest sales for the month since 2013. Toronto Condo Prices Rise Over 8% Greater […]
Greater Toronto new homes sales are cooling. BILD and Altus Group numbers show sales dropped to multi-year lows in November. The decline in sales is combining with higher building activity, sending inventory higher than we’ve seen in the past few years. Greater Toronto New Detached Prices Fall, While Condos Rise The price of a new […]
Toronto condo prices fell from an all-time high. Toronto Real Estate Board (TREB) numbers show a minor price decline for condo apartments in November. Annual price gains still remain very large, although they continued to decelerate. The big story this month is the board reported the fewest condo sales for November since 2013. Toronto Condo […]
Toronto’s detached real estate prices are down a tenth from peak, but condos are still moving higher. Toronto Real Estate Board (TREB) numbers show condo sale prices reached a new all-time high in October. The high was the result of more sales and less inventory. Despite the tighter market, price gains continued to decelerate to […]
Toronto’s condo buyers are tapering off, but prices are still inching higher. Toronto Real Estate Board (TREB) numbers show the price of a condo apartment hit a new all-time high in September. Despite the rise in prices, sales are sliding faster than inventory, relieving some of the pressure to move higher. Toronto Condo Prices Hit […]
