Toronto Real Estate Sets A New Record…But It’s Not The Good Kind
Toronto real estate makes a sharp turn. Prices growth is slowing, sales are dropping, and inventory is hitting highs.
Mainland Chinese International Real Estate Investment To Drop Over 20% In 2017
Don’t expect Mainland Chinese real estate investors to make it rain in 2017. At least, not to the extent they did last year.
Foreign Buyers Made 4.7% of Toronto Area Real Estate Purchases
Foreign buyers accounted for 4.7% of Toronto area real estate purchases. This includes people eligible for the foreign buyer tax rebate.
This Week’s Top Stories: Canada Throws Two Signs of A Financial Crisis, Vancouver’s Subprime Fuel, and Inflation Falls Way Below Target
Canada gets flagged for a financial crisis…twice, Vancouver’s subprime buyer program is spiking prices, and inflation plummets.
Late Mortgage Payments In Ontario Fall To The Lowest Since The 1990 Crash
Mortgages in Ontario ticked down to the lowest level since just before the Toronto real estate crash of 1990.
This Week’s Top Stories: China’s Largest International Real Estate Buyer Has A Problem, and Government Warns Canadian Debt Will Hit New Records
China’s largest international real estate buyer has a problem, and the Canadian government thinks household debt will accelerate.
Toronto Condo Prices Are Rising Faster Than Any Other Home Type
Toronto real estate may be cooling, but condos are seeing the fastest rising prices in the country – with the exception of a Toronto suburb.
This Week’s Top Stories: Sydney Sees A Boom In Second Homes, Toronto’s Home Flippers Are In Full Force, and Bank of Canada Flags Traditional Mortgages
The über rich are flocking to Sydney for second homes, 7% of Toronto homes sold were owned less than a year, and BoC finds mortgage problems.
Affluent Toronto Suburb Sees Largest Real Estate Price Drop Since 2008
While Toronto real estate is making up it’s mind, we take a peak at how prices changed in an affluent suburb to see if we can gain insights.
7% of Toronto Homes Were Bought and Sold Within A Year
New data shows Toronto real estate prices surged right when people decided it was a good time to buy and sell property in less than a year.
