Toronto Housing

Toronto's Middle Class Is About To Be Priced Out Of The Condo Market

The Huffington Post Canada | Daniel Tencer | Posted 12.04.2016 | Canada Business

Loosen restrictions and let more homes be built, industry says.

If Toronto & Vancouver Are ‘Superstar Cities,' Get Ready To Rent

The Huffington Post Canada | Daniel Tencer | Posted 11.29.2016 | Canada Business

Toronto and Vancouver are joining an elite club of cities where many can't afford to buy housing.

What Makes Someone Become A NIMBY?

YPNextHome | Posted 11.18.2016 | Canada Business
YPNextHome

NIMBYism isn't just about anti-development. It can be viewed as "anti-change," and its ripple effect is far-reaching. What happens when cities stop attracting new residents and business? Let's just say that aging populations and infrastructure typically do not support growth.

Soaring Prices Can't Stop Toronto's Record-Breaking Home Sales

CP | Alexandra Posadzki | Posted 11.03.2016 | Canada Business

And they happened as new mortgage rules came in.

NIMBYs Should Say 'Yes' To Development In Their Backyard

YPNextHome | Posted 10.25.2016 | Canada Business
YPNextHome

If you're lucky enough to own a small slice of the GTA's pricey property pie, you could find yourself among those vehemently opposed to any new development in their neighbourhood. After all, established Toronto hot spots like The Annex, Bloor West Village and Mount Pleasant are full, right? But here's the problem.

Toronto Housing Sales Soar While Vancouver's Plummet

CP | David Paddon, The Canadian Press | Posted 10.05.2016 | Canada Business

Extensive condo building in Toronto has brought supply closer to demand, but availability remains tight, an expert said.

Ontario Could Tax Foreign Homebuyers Because 'Everyone Else Is'

The Huffington Post Canada | Jesse Ferreras | Posted 09.19.2016 | Canada Business

"[Ontario] doesn't have a choice."

Vancouver And Toronto Housing Markets Headed In Opposite Directions

CP | The Canadian Press | Posted 08.30.2016 | Canada Business

Vancouver softens and Toronto looks to maintain its momentum.

RBC Keeping A Close Eye On Housing In Vancouver, Toronto

CP | Alex Posadzki, The Canadian Press | Posted 08.24.2016 | Canada Business

"The short supply of single-family homes ... coupled with strong demand" is something to watch.

Detached Homes In Toronto Are About To Become Unattainable

TheRedPin | Posted 07.20.2016 | Canada Business
TheRedPin

With prices at record highs, several industry insiders are speculating detached homes will soon be unattainable, pushing would-be buyers further toward more affordable options. Namely stacked townhomes and condo apartments -- even in the suburbs.

Can Government Intervention Cool The Housing Market?

Ben Myers | Posted 06.29.2016 | Canada Business
Ben Myers

Housing markets in Toronto and Vancouver are extremely hot, and average prices are skyrocketing. Every new data release, real estate report, and housing related comment is scrutinized, debated and analyzed in painstaking detail. A red flag is raised, an alarm bell is sounded, a stern warning is issued or extreme caution is urged by both domestic and international housing analysts and economists almost daily. How does this end?

Housing Sales Slowing In Canada's Hottest Markets. Prices Are Not.

The Huffington Post Canada | Jesse Ferreras | Posted 07.05.2016 | Canada Business

But somehow, prices keep going up.

$1.17 Million, And Rising

CP | The Canadian Press | Posted 04.05.2016 | Canada Business

Toronto house prices jump 12% in a year.

Historic Toronto Home Going For $1

The Huffington Post Canada | Jessica Chin | Posted 03.16.2016 | Canada Business

Real estate agent Matthew Pringle said the owners are just putting the $1 price out there to see what kind of potential it has.

Don't Blame Foreigners: 3 Reasons TO, Vancouver House Prices Are High

The Huffington Post Canada | Daniel Tencer | Posted 02.22.2016 | Canada Business

It all comes down to supply and demand.

Toronto Home Affordability Worst In Decades As Buying Frenzy Intensifies

The Huffington Post Canada | Daniel Tencer | Posted 12.03.2015 | Canada Business

Affordability in Toronto worst since early 1990s Vancouver home sales soar 40% PIMCO sees '20% negative return' on housing in next 5 years ...

Mayors Call On Federal Parties To Make Housing A Campaign Issue

CP | The Canadian Press | Posted 09.24.2016 | Canada Politics

The mayors of some of Canada's largest cities have called on federal parties to make commitments to affordable housing.

Ugly Toronto House Sells In 7 Days For $500,000 Over Asking

The Huffington Post Canada | William Alcopra | Posted 09.18.2015 | Canada Business

For comparison, the property was sold for $750,000 in 2005.

A Strong Middle Class Requires a Commitment to Affordable Housing

Sharad Kerur | Posted 09.10.2016 | Canada Politics
Sharad Kerur

Healthy food or prescription medications? Transit fare or school supplies? Those are the choices families are forced to make when the cost of rent and utilities add up to half of their income. If we're committed to building a strong middle class we must demand safe, quality housing that's affordable to families in all tax brackets.

Only 'Medium' Chance Of A Toronto, Vancouver Housing Bust: TD Bank

The Huffington Post Canada | Jesse Ferreras | Posted 07.31.2015 | Canada Business

Don't panic!

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...

What A Toronto Housing Bust Might Look Like..

Toronto Star | Posted 02.19.2015 | Canada Business

If Toronto’s housing market did unravel, how far might prices fall? How long would the pain last and what would a recovery look like? Tough quest...

Toronto, Alberta Housing Markets Couldn't Be More Different Right Now

The Huffington Post Canada | Jesse Ferreras | Posted 02.05.2015 | Canada Business

Oil prices may be wreaking havoc on real estate in Alberta's two biggest cities, but Toronto's market is still humming. January sales figures relea...

The Price Gap In Toronto Housing Is Now The Biggest It's Ever Been

The Huffington Post Canada | Jesse Ferreras | Posted 01.22.2015 | Canada Business

The price gap between Toronto-area condos and low-rise homes hit its highest point last year, say industry insiders. The difference in price betwee...