Luxury home sales surge in parts of Canada as buyers flee expensive big cities
4/2/2024 | Posted in Luxury Real Estate by Jessi Sandhu
Luxury real estate sales have increased across the country in the first two months of the year but larger markets like Toronto are seeing less activity as some buyers look ... More
Foreign buyer ban significantly dragging down luxury market, report says
8/1/2023 | Posted in Luxury Real Estate by Jessi Sandhu
High-net-worth individuals are discouraged from investing in the Canadian housing market ... More
Luxury real estate markets in Canada saw divergent performance in the first half of 2023: report
7/20/2023 | Posted in Luxury Real Estate by Jessi Sandhu
The performance of Canada’s major luxury real estate markets diverged in the first half of 2023, as some cities experienced a surge in momentum while activity waned in ... More
Toronto Transfer Tax Hike Proposal On $3M Homes
3/25/2019 | Posted in Toronto Real Estate by Jessi Sandhu
A new proposal from a trio of councillors would expand city housing allowances to struggling households, paid for by new land transfer tax tier on homes worth $3 million and up. ... More
GTA luxury sales have stabilized says Sotheby's International
3/22/2019 | Posted in Luxury Real Estate by Jessi Sandhu
Canada’s luxury homes market is set for a boost from population growth and rising consumer confidence according to a new report. ... More
Luxury home sales fall in Toronto, Montreal and Calgary in 2018: Sotheby's
1/10/2019 | Posted in Luxury Real Estate by Jessi Sandhu
Sales of luxury properties fell in three of Canada's biggest cities last year as homebuyers retreated amid tightened mortgage guidelines and higher interest rates, according ... More
Home sales over $4 million jump 34% in Toronto as luxury market 'runs full throttle'
9/28/2018 | Posted in Toronto Real Estate by Jessi Sandhu
Sales for $1 million or more in the Toronto region bounced back after a slowdown earlier this year, climbing 19 per cent in July and August from the same period in 2017, ... More
Toronto And Vancouver Top-Tier Housing Markets Headed In Opposite Directions
7/11/2018 | Posted in Luxury Real Estate by Jessi Sandhu
The top-tier housing markets in Toronto and Vancouver are headed in opposite directions, with fear driving Vancouver's market lower even as optimism returns to Toronto's ... More
Luxury home prices "relatively resilient" despite lower sales in GTA and Greater Vancouver
5/14/2018 | Posted in Luxury Real Estate by Jessi Sandhu
Luxury home prices across Canada have remained “relatively resilient” this year so far despite lower sales in the Greater Toronto Area (GTA) and Greater Vancouver, ... More
Numbers for Toronto's luxury market released
4/6/2018 | Posted in Toronto Real Estate by Jessi Sandhu
The high-end of Toronto’s housing market is bearing the brunt of declines from last year’s dizzying growth, with prices falling and unit sales slumping by almost ... More
3/13/2018 | Posted in Ontario Real Estate by Jessi Sandhu
There has been a sharp drop in sales of luxury properties in the Toronto area, but real estate agents are optimistic of improvement. This is according to a report released today ... More
Luxury living here to stay: Sotheby's
1/10/2018 | Posted in Luxury Real Estate by Jessi Sandhu
Coming off a strong showing in 2017, luxury real estate markets in Canada’s three largest cities will remain robust this year, according to Sotheby’s International ... More
Canada's 10 priciest neighbourhoods
10/26/2017 | Posted in Real Estate Market by Jessi Sandhu
A nationwide study by Century 21 reveals Canada's 10 priciest neighbourhoods. ... More
Canadian luxury markets to experience varied performances this fall
9/22/2017 | Posted in Real Estate Market by Jessi Sandhu
Vancouver and Toronto luxury property sales should accelerate this fall after a period of relative sluggishness, according to a new report from Sotheby’s International ... More
Toronto luxury market hits new record while Vancouver slumps
7/11/2017 | Posted in Real Estate Market by Jessi Sandhu
Sales of homes priced at $1 million or more were up sharply in the GTA in the first half of 2017 while Vancouver felt the impact of the foreign buyers’ tax. ... More
Toronto Luxury Sales Up Almost 75% In April
5/22/2017 | Posted in Toronto Real Estate by Jessi Sandhu
Toronto’s wealthiest families are showing confidence in the real estate market. Toronto Real Estate Board (TREB) stats show that luxury sales are booming. While sales are ... More
Toronto, Victoria are world's 'hottest' luxury real estate markets
5/11/2017 | Posted in Real Estate Market by Jessi Sandhu
Toronto and Victoria, B.C. are the world’s “hottest” markets for luxury homes as investors flock to Canada for its political and economic stability, according to ... More
High-end Toronto market to continue exhibiting strong performance in 2017
1/13/2017 | Posted in Toronto Real Estate by Jessi Sandhu
As one of Canada’s most desirable markets, Toronto is projected to continue being a prime destination for would-be buyers of high-end real estate this year, according to a ... More
Toronto set to lead luxury housing market in the fall: Sotheby
9/16/2016 | Posted in Real Estate Market by Jessi Sandhu
The sale of high-end homes is expected to be led by the Greater Toronto Area in the fall, with strong sales of homes above $1 million while those above $4 million will be ... More
Canada's luxury real estate gets pricier and pricier
5/16/2016 | Posted in Real Estate Market by Jessi Sandhu
It can be argued that no segment of the real estate market has been more affected by foreign buyer money than Canada’s luxury real estate market. Now a new survey released ... More
GTA will lead luxury sales market
3/7/2016 | Posted in GTA Real Estate by Jessi Sandhu
The luxury sales market will be led by the Greater Toronto Area according to a report from Sotheby’s Canada. The realty firm says that limited inventory and strong demand ... More
Forget the $1 million Toronto home, it's the $5 million market that's on fire
2/2/2016 | Posted in Toronto Real Estate by Jessi Sandhu
A Toronto realtor says in a new study out Monday that $5 million home sales are taking off across the city, aided by international buyers. ... More
Luxury home sales driven by foreign buyers: Re/Max
9/2/2015 | Posted in Real Estate Market by Jessi Sandhu
Prices of luxury homes in Vancouver and Toronto are being driven higher by foreign buyers, according to Re/Max. ... More
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