Toronto Housing Market

This Is How Much The Average Home In Toronto Now Costs

CP | The Canadian Press | Posted 03.03.2016 | Canada Business

Sales in February rose 21.1 per cent over last year.

Toronto, Vancouver Luxury Home Sales Continue To 'Defy Gravity'

CP | Brian McKenna, The Canadian Press | Posted 03.03.2016 | Canada Business

The realtor says the Greater Toronto Area will lead the $1-million-plus residential real estate market, with continued sales gains and price escalation.

Canadians Carrying Consumer Debt In 2016 Face Tough Odds

Douglas Hoyes | Posted 01.05.2016 | Canada Business
Douglas Hoyes

If you are playing with debt in 2016, you have to hope that everything remains stable -- your job, your health, your interest costs, even your relationship. However, based on my experience, if you are in the at-risk category, the odds are against you.

This Is When TD Bank Says House Prices Will Fall In Ontario, B.C.

The Huffington Post Canada | Daniel Tencer | Posted 10.14.2015 | Canada Business

In Toronto and Vancouver’s hot housing markets, affordability is “becoming a growing challenge for many individuals and families,” Royal LePage ...

'Malice And Forethought': Competition Bureau vs. Toronto Realtors

CP | Alexandra Posadzki, The Canadian Press | Posted 09.22.2015 | Canada Business

TORONTO — A lawyer for the Competition Bureau says the Toronto Real Estate Board is stifling digital innovation and lessening competition by prohibi...

CMHC Says Toronto, Other Cities At High Risk Of Housing Correction

CP | The Canadian Press | Posted 08.13.2015 | Canada Business

TORONTO — A new report from the Canada Mortgage and Housing Corporation says Toronto, Regina and Winnipeg face a high risk of a housing correction...

Toronto, Vancouver Housing Affordability Declines: Report

CP | The Canadian Press | Posted 06.22.2015 | Canada Business

The bank predicts that rate hikes from the central bank, which is expected to raise its trend-setting overnight interest rate next year, are likely to erode affordability.

Toronto Midtowners Fear 'Density Creep.' Internet Mocks Them For It.

The Huffington Post Canada | Jesse Ferreras | Posted 05.25.2015 | Canada Business

This is how some Toronto homeowners respond to the onset of density.

Toronto Named Hottest Luxury Real Estate Market

CP | Paola Loriggio, The Canadian Press | Posted 05.01.2016 | Canada Business

TORONTO - High-end homes are being snapped up increasingly fast in Toronto, named the world's hottest luxury real estate market in a new report that l...

Sunny Freeman

Canada's Riskiest Housing Markets Aren't In Toronto Or Vancouver | Sunny Freeman | Posted 04.30.2015 | Canada Business

Canada’s riskiest housing markets are not in the booming metropolises of Vancouver and Toronto, but smaller Prairie cities Winnipeg and Regina, acco...

Toronto Follows Vancouver Into Stunning Housing Market Growth

The Huffington Post Canada | Daniel Tencer | Posted 04.07.2015 | Canada Business

Most of Canada’s housing markets have cooled off in recent months, but Toronto and Vancouver show no signs of stopping. In fact, even as Canada's ec...

Don't Tell These 2 Cities The Housing Boom Is Over

CP | Alexandra Posadzki, The Canadian Press | Posted 05.10.2015 | Canada Business

TORONTO - Rock-bottom interest rates, a scarcity of supply and growing demand from millennials and wealthy immigrants have fuelled a strong start to t...

Toronto's Reached A Fever Pitch

CBC | Posted 06.21.2014 | Canada Business

Toronto's real estate bidding wars are reaching a fever pitch.  Some of Canada's largest banks are offering low mortgage lending rates, and many p...

What Housing Bubble?

CP | Julian Beltrame, The Canadian Press | Posted 05.24.2014 | Canada Business

OTTAWA - The Conference Board isn't buying the notion that Canada's housing market will suddenly crumble, saying the most likely outlook is for a mode...

Buy This Condo, Get a New Car! (and Other Crazy Incentives)

Jenna Em | Posted 11.27.2013 | Canada Business
Jenna Em

It's not a new concept for builders to offer incentives in the form of upgrades to potential buyers. However, I've been astounded by other incentives that have recently popped up in the Toronto real estate market. For example, Kylemore Communities has been offering $35,000 towards any new BMW, with a purchase of one of their specific condo developments.

Toronto's WTF Housing Market

CP | The Canadian Press | Posted 07.03.2013 | Canada Business

TORONTO - Home sales dipped two per cent in the Greater Toronto Area in April, but selling prices were also up, according to the latest report from th...

Bidding Wars and Real Estate Rage in Toronto

Jenna Em | Posted 06.02.2013 | Canada Living
Jenna Em

Whether you're in Ontario or in a different province, you've likely heard about Toronto and GTA housing prices. Last night was the first time we placed an offer in over two years -- and was the first time ever we participated in a home bidding war!

Toronto Home Sales Implode

CP | The Canadian Press | Posted 05.05.2013 | Canada Business

TORONTO - The number of homes sold last month in the Toronto area was down about 15 per cent from the same time last year.The Greater Toronto Area Rea...

Toronto Housing Bounces Back! (Well, Maybe)

CP | Posted 01.16.2013 | Canada Business

TORONTO — Toronto-area real estate agents have had a stronger start to the new year than last January but activity was slower than in the first half...

Toronto Housing Market Takes The Plunge

CP | Posted 12.05.2012 | Canada Business

TORONTO — The Toronto Real Estate Board says November home sales fell 16 per cent compared with a year ago, however selling prices edged higher. ...

Housing Bubble: What $1 Million Will Buy You Across Canada

The Huffington Post Canada | Posted 03.17.2013 | Canada Business

It’s no surprise that there are huge disparities between Canadian regions when it comes to anything having to do with economics, but the scale of th...

As Housing Bubble Turns To Bust, Prepare For Unemployment Spike

The Huffington Post Canada | Daniel Tencer | Posted 09.26.2012 | Canada Business

A slowdown is coming to Canada’s construction industry, thanks to the cooling housing market, says a new report from the Conference Board of Canada,...

Catastrophe Or Boom Times? Depends On Whom You Ask

The Huffington Post Canada | Daniel Tencer | Posted 09.06.2012 | Canada Business

Whether Canada’s real estate market is among the strongest and most resilient in the world, or whether it is on the precipice of a major correction,...

Why Some Cities Cost More to Live In (Ahem, Vancouver)

Mitch Parker | Posted 09.05.2012 | Canada Business
Mitch Parker

When we see real estate prices in the news, we often get a lumped valuation of a specific city or country as a whole. The reality is that no matter how the market is performing, there will always be neighbourhoods that are increasing and ones that are in decline. Why is that? Here are few factors that can affect local real estate prices in any city.

Toronto Home Sales See Double-Digit Drop

CP | Hugh McKenna, The Canadian Press | Posted 09.04.2012 | Canada Business

TORONTO - Home sales in two of Canada's hottest housing markets, Toronto and Vancouver, are showing signs of a cooling trend in what could be the begi...