Toronto home sales double in March, average price hits $1.1M
4/6/2021 | Posted in Toronto Real Estate by Jessi Sandhu
Canada's largest housing market logged another month of record sales and price gains in March. The head of the local real estate board is warning of potential unintended ...
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Consumer Confidence And Low Interest Rates Drive Up Homes Sales In GTA
4/6/2021 | Posted in GTA Real Estate by Jessi Sandhu
For the third straight month of 2021, record home sales continued in March across the Greater Toronto Area (GTA) with buyers taking advantage of favourable borrowing costs and ...
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Toronto's real estate market is so out of control that it's now considered high risk
3/27/2021 | Posted in Toronto Real Estate by Jessi Sandhu
The housing market in Toronto keeps on accelerating to defy all odds, with small one bedroom condos selling for in the $700,000s after bidding wars, the average home price verging ...
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Rent prices for one-bedroom apartments in Toronto just reached a new four-year low
3/17/2021 | Posted in Rental Market by Jessi Sandhu
The COVID-19 pandemic has had a major impact on Toronto's rental market since it first arrived last March — resulting in rent prices not seen in several years — ...
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Waterfront Toronto releases new vision for 12 acres abandoned by Sidewalk Labs
3/10/2021 | Posted in Toronto Living by Jessi Sandhu
Waterfront Toronto is unveiling a fresh, “landmark” vision for the derelict patch of east-end waterfront previously slated to host Sidewalk Labs’ ill-fated smart ...
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Townhouse prices in Toronto shoot up 12 per cent in one month
3/7/2021 | Posted in Toronto Real Estate by Jessi Sandhu
The city's real estate market refuses to chill – and is making headlines south of the border. ...
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GTA Home And Condo Sales Reach New Heights For February
3/3/2021 | Posted in GTA Real Estate by Jessi Sandhu
Record home sales in the Greater Toronto Area (GTA) continued in February as buyers remained confident in their employment situations and took advantage of ultra-low borrowing ...
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Toronto real estate trends point to pandemic's unequal impact: CMHC
2/28/2021 | Posted in Toronto Real Estate by Jessi Sandhu
Demand for expensive homes in Toronto real estate is the result of the pandemic's economic impact ...
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Luxury home tax could yield $18 million for Toronto in 2021, if approved
2/10/2021 | Posted in Toronto Real Estate by Jessi Sandhu
A Toronto budget briefing note reveals that the city could yield an additional $18.7 million in revenue this year—if city council is willing to implement a luxury home tax. ...
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TRREB Forecasts Strong Demand for Real Estate in 2021
2/8/2021 | Posted in GTA Real Estate by Jessi Sandhu
Toronto Real Estate Market is on fire as January home sales amounted to 6,928 – up by more than 50 per cent compared to January 2020. This strong start to 2021 included ...
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Toronto home prices seen topping $1M amid 52% January sales surge
2/8/2021 | Posted in GTA Real Estate by Jessi Sandhu
Canada’s largest housing market got off to a roaring start this year, as Toronto home sales continued to surge in January, led by activity in the condo market. ...
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1/15/2021 | Posted in Ontario Real Estate by Jessi Sandhu
Despite strong push toward the suburbs, Toronto single-family homes see double-digit price gains in city centres, while the price of detached homes continue to outpace ...
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Record December Home Resales And New Record In 2020 Average Selling Price
1/6/2021 | Posted in GTA Real Estate by Jessi Sandhu
Despite an unprecedented year due to COVID-19, including necessary public health restrictions and uncertainty surrounding the economy, Greater Toronto Area REALTORS® reported ...
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Ontario home sales activity undeterred by second wave of COVID-19: OREA
12/19/2020 | Posted in Ontario Real Estate by Jessi Sandhu
Toronto continues to be the main driver of the province's housing market ...
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TRREB Releases November Housing Market Report
12/3/2020 | Posted in GTA Real Estate by Jessi Sandhu
The record pace of home sales in the fall continued with 8,766 sales reported in November by Greater Toronto Area REALTORS® through the Toronto Regional Real Estate ...
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Tweaks to the First-Time Home Buyer Incentive
12/1/2020 | Posted in First Time Home Buyers by Jessi Sandhu
The federal government just released the Fall Economic Statement, announcing changes to the First-Time Home Buyer Incentive for prospective homeowners in some of Canada’s ...
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TRREB Reports October Resale Housing Market Numbers
11/4/2020 | Posted in GTA Real Estate by Jessi Sandhu
Strong numbers reported today by TRREB as home sales in the Greater Toronto Area (GTA) were up again year-over-year for the fourth month in a row. More
Toronto home prices hit new high in September as sales surge 42%
10/7/2020 | Posted in GTA Real Estate by Jessi Sandhu
Toronto’s housing market continued to break records in September with sales up 42.3 per cent from the year before. ...
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TRREB Releases September Resale Housing Report
10/6/2020 | Posted in GTA Real Estate by Jessi Sandhu
Toronto Regional Real Estate Board President Lisa Patel announced that sales reported through TRREB’s MLS® System by Greater Toronto Area REALTORS® amounted to ...
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Swiss bank UBS says Toronto has 3rd biggest housing bubble in the world
10/4/2020 | Posted in Toronto Real Estate by Jessi Sandhu
A Swiss bank has concluded that Toronto's housing market is in bubble territory, as homes in the city are more overpriced based on local rents and incomes than in places like ...
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Toronto Regional Real Estate Board says home sales hit record for August
9/7/2020 | Posted in Toronto Real Estate by Jessi Sandhu
Home sales in the Greater Toronto Area posted a record for August as they rose 40.3 per cent compared with a year ago and prices shot higher, the Toronto Regional Real Estate ...
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Three reasons why Toronto real estate prices are so high
8/26/2020 | Posted in Toronto Real Estate by Jessi Sandhu
As one of Canada’s most desirable housing destinations, Toronto’s home prices remain at the mercy of multiple factors despite the considerable impact of the COVID-19 ...
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Prices out of control in Toronto's hottest real estate markets
8/21/2020 | Posted in Toronto Real Estate by Jessi Sandhu
The COVID-19 pandemic has had no impact on GTA housing activity or price growth ...
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TRREB Releases July Resale Housing Report
8/6/2020 | Posted in GTA News by Jessi Sandhu
Toronto Regional Real Estate Board President Lisa Patel announces that Greater Toronto Area REALTORS® reported 11,081 sales through TRREB’s MLS® System in July 2020 ...
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Toronto homebuyers won't leave city for suburbs as pandemic drags on
7/28/2020 | Posted in Toronto Real Estate by Jessi Sandhu
Throughout the COVID-19 pandemic, homeowners have had a lot of time to reassess what they need in a home. For some, this has meant considering a new property outside of the city, ...
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Here's where house prices are rising the fastest in Toronto right now
7/22/2020 | Posted in Toronto Real Estate by Jessi Sandhu
A limited supply of houses for sale, paired with rising demand as COVID-19 pandemic restrictions lift, have caused real estate prices in Toronto to skyrocket over the past few ...
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Housing market rebound will slow down by fall: RBC
7/9/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
Strong June home sales data from Toronto and Vancouver finally gave wary homebuyers and industry professionals the dose of good news that they’d sorely needed. ...
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Toronto housing prices up nearly 12 per cent despite pandemic
7/7/2020 | Posted in Toronto Real Estate by Jessi Sandhu
Greater Toronto Area home sales are rebounding from the COVID-19 pandemic and prices are on the rise, but completed transactions are still short of where they were last year, the ...
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TRREB Releases June Resale Housing Market Report
7/7/2020 | Posted in GTA Real Estate by Jessi Sandhu
Toronto Regional Real Estate Board President Lisa Patel announced that Greater Toronto Area REALTORS® reported 8,701 sales through TRREB’s MLS® System in June 2020. ...
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House prices in Canada's largest cities expected to drop: CMHC
6/24/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
Canada Mortgage and Housing Corp. expects a drop in home prices in the country’s biggest cities amid “severe declines” in home sales and construction. ...
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