Following one of the weakest years on record, Toronto developers just had the worst start to a year ever.BILD GTA and Altus Group data show Greater Toronto new home sales slipped lower in January, making it the weakest on record. The pullback in inventory was met with an even larger drop in sales, leaving the […]
Forget bidding wars—distressed listings are Toronto real estate’s hottest trend. Power of Sale listings have surged more than five-fold in three years, according to data from Valery Real Estate. A record volume of distressed sellers are flooding record inventory, shredding the narrative of a quick recovery. It’s a brutal reminder that real estate corrections are […]
Greater Toronto real estate’s recovery slipped beyond the horizon in August, despite a small bump in buyers. TRREB data shows a minor year-over-year increase in sales, but demand remains near historic lows and far from normalizing. At the same time, more sellers flooded the market, pushing inventory to a record high and forcing deeper price […]
Are Greater Toronto real estate prices past the bottom? Toronto Regional Real Estate Board (TRREB) data shows the composite benchmark, or typical home, saw prices surge higher in March. Home sales remain weak despite the pop, and experts don’t see that changing in the near term. However, buyers in the market sent prices much higher […]
Toronto real estate has a flipping problem, Canadians pick up the pace of acquiring consumer debt, and Montreal real estate isn’t very hot.
Toronto real estate listings look familiar? That’s because over 6% of listings last week, were bought within the past 18 months.
That’s right, we crunched the numbers and Toronto’s condo market ended 2016 underpriced – and might actually go higher.
Last time late mortgage payments in Ontario were this low, Toronto real estate crashed. Late payments then escalated *really* fast.
Home Capital Group, one of Canada’s largest mortgage lenders is imploding. Here’s what happened, and what it means.
Toronto real estate prices have been climbing, but it has more to do with an artificial shortage created by speculators than under building.
