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
Wealthy homebuyers are choosing these global cities
11/25/2019 | Posted in Luxury Real Estate by Jessi Sandhu
Knight Frank index tracks luxury residential prices across global cities ... 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
Luxury Toronto Condo Market Strong
10/26/2018 | Posted in Luxury Real Estate by Jessi Sandhu
Toronto and Vancouver condo units in the $1-2 million price range have attracted a healthy proportion of buyers over the past few years, according to the2018 RE/MAX Spotlight on ... 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
Rising rates percolating through market
5/14/2018 | Posted in Mortgages and Real Estate by Jessi Sandhu
Despite rising interest and qualifying rates, the luxury sector of the housing market should remain largely unaffected. ... 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
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