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The Toronto Real Estate Board's latest stats didn't do much to calm the nerves of hesitant homebuyers. Surging listings and double-digit sales declines have a tendency to do that. But, prospective purchasers, this may be the perfect window of opportunity for you to be out there looking for your next home.
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Tight supply and strong demand will dominate the GTA market this year, resulting in double-digit home price growth, according to the Toronto Real Estate Board. While this forecast may be good news for existing homeowners, it might be the last thing prospective homebuyers in Toronto want to hear.
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Loosen restrictions and let more homes be built, industry says.
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Homeowners in the 905 have basically won the lottery.
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Developers blame government for soaring prices, lower affordability.
Now that B.C. has introduced a 15-per-cent foreign buyers' tax intended to calm real estate purchases by non-Canadian residents, speculation is rampant that similar legislation is on its to Ontario -- or more specifically, Toronto. Like their counterparts in Vancouver, realtors in Toronto want nothing to do with such action.
Competition Tribunal "erred" in allowing sales data, realtor board says.
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Price growth shows no sign of letting up in Toronto.
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Some say the ruling doesn't differ much from the status quo.
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The era of real estate agents guarding coveted sales data may be coming to an end, starting in Toronto. That's what many agents predict. In anticipation, they're getting ready to release online long...
If this keeps up, it will cost $1.46 million to buy an average single-family home in the 905 by 2021.
Average selling price for all properties headed for $665,000.
"Demand for ownership housing is expected to remain very strong in 2016."
Forget working. The real way to accumulate wealth is to buy a single-family house in Toronto, and wait. OK, that’s bad advice. But given what’s been going in Toronto’s housing market, you can be forgi...