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Tag: Toronto Real Estate Prices

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This Week’s Top Stories: Canadian Real Estate Correction Only Half Over, & US Prices Slip

This Week’s Top Stories: Canadian Real Estate Correction Only Half Over, & US Prices Slip
February 5, 2023

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Prices To Fall Lower, Worst Case Is A Return To 2014 Values: Oxford Econ Canadian real estate prices will fall further, according to a prominent firm’s forecast. Oxford Economics (OxEcon) still sees a drop of 30% from peak to […]

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Toronto

Toronto Real Estate Prices Rise Despite Weakest January Sales Since 2009

February 3, 2023

Greater Toronto real estate agents have been dropping anecdotal evidence the market is firming. It might be true, according to the latest composite benchmark prices presented by the Toronto Regional Real Estate Board (TRREB). Home prices generally fell across the region, except in the most dense part—the actual City of Toronto. In the City, the […]

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Toronto

Toronto Condo Sales Are Unusually Weak, Investors Capture A Larger Share

January 31, 2023

The Greater Toronto real estate downturn has only had a limited impact on the condo market. That was the view in the condo market report shared by the Toronto Regional Real Estate Board (TRREB). In general, easing inventory and higher interest rates have resulted in relatively stable prices. The market is also significantly better supplied […]

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Top Stories

This Week’s Top Stories: Canadian Real Estate Industry Sees Lower Prices, & Falling Real Wages

January 22, 2023

Our top stories this week include Canada’s real estate industry lowering their forecast for home prices, & households see lower real wages.

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Canada

Canadian Real Estate Prices To Continue Falling In The Near-Term: RBC

January 18, 2023

Canada’s largest bank sees a bottom to sales, but thinks there’s more pain for home prices—at least near-term. That’s the take from RBC, that feels home prices are stabilizing but will fall further. Don’t expect a quick recovery either, with affordability challenges weighing down future sales. Canadian Real Estate Sales May Have Found A Floor […]

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Canada

Canada’s Real Estate Correction Is Just Getting Started, W/ Oxford Econ’s Tony Stillo

January 14, 2023

Tony Stillo of Oxford Economics helps us understand Canada’s real estate market correction and the upcoming recession.

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Canada

Canadians Are Still Leaving Major Cities In Big Numbers: BMO

January 12, 2023

Canada’s large cities are now entirely dependent on immigration as local residents continue to flee and seek greener pastures.

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Toronto

Toronto Residents Are Leaving At A Record Pace, Immigration Takes Over Growth

January 11, 2023

Greater Toronto residents are fleeing for other parts of the country at an alarming pace, indicating opportunity may be outside of the hub.

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Canada

Canadian Building Intentions Remain Elevated, But Inflation Killed Growth

January 9, 2023

Canadian real estate developers are still pumping significant cash into building permits, but inflation is killing that growth.

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Top Stories

This Week’s Top Stories: The World’s Largest Real Estate Bubble Is Crashing, & BoC To Hike Further

January 8, 2023

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Bank of Canada Clear For Another Hike After Employment Boom: BMO Canada’s employment data is still coming in hot, with the economy adding 104k jobs in December. This drove the unemployment rate down to just 5.0%, only 0.1 points above the 50-year […]

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