Toronto Real Estate Market

Understanding Greater Toronto Area's Pre-Construction Condo Craze

Jari Qudrat | Posted 05.01.2017 | Canada Business
Jari Qudrat

As an analytical realtor who focuses heavily on market-based statistics, I've started to understand the growing shift towards pre-construction condos. Millennials now pretty much don't have any shot at purchasing a house with the current appreciation in the market, despite the government's efforts to slow things down. Even purchasing condos may be a stretch for some. Getting into pre-construction condos however, is the golden ticket.

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."

Canada's Largest Real Estate Board Ordered To Stop With The Secrecy

CP | Aleksandra Sagan, The Canadian Press | Posted 06.03.2016 | Canada Business

Some say the ruling doesn't differ much from the status quo.

5 Predictions For the 2014 Toronto Housing Market

Nathan Dautovich | Posted 03.04.2014 | Canada Business
Nathan Dautovich

Now that 2014 is here, let's take a look at my top five predictions for what will happen in the Toronto housing market in 2014.

Leave The Emotions At The Door When House Hunting

Brennan Aguanno and Anna Kemp | Posted 10.21.2012 | Canada Business
Brennan Aguanno and Anna Kemp

An article in The Atlantic entitled "The 11 Ways That Consumers Are Hopeless at Math" reveals how businesses use fact and psychology to persuade shoppers into making purchases they normally wouldn't make. They're tricks some Canadians face at the mall, the car dealership and even the grocery store. But what about the housing market? Are Canadian house hunters having the wool pulled over their eyes? Whether you're buying, selling or just window shopping, here are three things to consider.

Condo Madness?!

Brennan Aguanno and Anna Kemp | Posted 02.06.2012 | Canada Business
Brennan Aguanno and Anna Kemp

Today Toronto leads all cities in North America with 132 high-rise buildings currently under construction. If you're like me and own a unit downtown, you can't help but be a little nervous about where all of this is heading.

Massive Drop In Toronto Home Prices Not Sign Of Apocalypse

The Huffington Post Canada | Daniel Tencer | Posted 10.17.2011 | Canada Business

In the first half of July, the average resale price of a stand-alone home in Toronto was $720,808. A month later, in the first half of August, it w...

Home Prices Drop In July

CBC | Posted 10.16.2011 | Canada Business

Average home prices in July were lower than they were in June, but sales numbers and average prices are still up sharply compared to the same month a ...

Toronto Home Sales In Double-Digit Drop

The Globe and Mail | Posted 10.04.2011 | Canada Business

Resale house prices fell in Toronto in July as the number of sales dropped, but the city remains on track to have its second busiest sales year in its...

Property Bubble or Just a Cooling Period?

Scott Boyd | Posted 09.20.2011 | Canada Business
Scott Boyd

The Canadian housing market has "lost touch with fundamentals" according to a report by research firm Capital Economics. In the report released on Jun...