"The supply of homes for sale today in the region is not meeting the demand we're seeing from home buyers."
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 looks at where the wealthy choose to live.The repor...
Renters are far more likely to break condo rules regarding noise and upkeep of the common amenities, resulting in the degradation of the complex. A complex that is heavily rented out becomes stigmatized as apartment building, unappealing to potential buyers.
But the home remains unfinished.
Swiss chandeliers sparkle in the dining room while stunning sculptures stand tall in the main hall. It's old world meets new for this delightful Toronto dream home. In April's edition of Elle Decor, M...
This is what the price gap between new homes and condos looks like in Toronto right now. That's right: it's a big, yawning chasm, not unlike the Moon Door on "Game of Thrones." The gap between the co...
From the outside, it looks like a bit like Versailles. Inside, it's a bit of a fixer-upper.
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 released by the Toronto Real Estate Board (TREB) on Wednes...
After years of (mostly) blistering growth, Toronto's condo market is headed for a moderate slowdown this year, research firm Urbanation predicted this week, echoing the predictions of others. But 2014...
The price gap between Toronto-area condos and low-rise homes hit its highest point last year, say industry insiders. The difference in price between low- and high-rise homes stood at a record high of...
It is now easier for median income earners to afford a place in New York, than it is for Toronto's median earners to afford housing in their own city, says a report from Demographia. The 11th Annual D...
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For all the emotions brought out by the housing bubble/no housing bubble debate, it’s almost comforting to hear there are places in Canada that have two-storey houses on the market for under $300,000....
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A recent slip in oil prices hasn’t bucked Alberta’s housing market from being one of the country’s most affordable, according to a report released by RBC Economic Research on Wednesday. Considered par...
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The housing market is so inflated that the international community warns of a bubble ready to burst and locals fret that soaring prices have pushed the dream of home ownership forever out of reach. S...
Rental demand in Canada's largest condo market surged to a record level in the last three months, according to new data from market research firm Urbanation. The report shows a trifecta of brok...
Bidding wars have become commonplace in the Toronto housing market, with many realtors saying they hit a fever pitch this spring. Though “sellers love it,” largely because they drive up the price of h...
With prices of single family homes already up over 13 per cent year over year, the dream of owning a home in a desirable neighbourhood is quickly fading for many would-be Toronto home owners. So what options are there for people with a budget under $1 million who still want a home in a desirable neighbourhood?
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 people looking to move from condos and renta...
Canadian cities top the world for the real estate markets that make the best bet for long-term investment, according to a study from U.K. property developer Grosvenor — but they may not be such a grea...
Over the last month, every client I've met with has been asking when the spring market officially begins, and whether they should list now or wait until later on. This is a difficult question, as there are many factors that contribute. A close analysis of both the overall market and the local competition is the best way to come up with a selling strategy.
Less than two years after Finance Minister Jim Flaherty implemented yet another round of mortgage rule tightening to cool off an overheating housing market, some of those markets are back to their uns...
One of the most common questions I get from people looking at selling their home privately concerns potential legal problems that could arise from selling without using an agent. One of the biggest misconceptions out there is that sellers think that legal problems are inevitable.
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In the years between when the assignment is purchased and when the unit is occupied, there are many reasons why people who bought these assignments may want to sell. Maybe their financial situation has changed, maybe their family status has changed, or maybe they need the money elsewhere.
Another thing condo owners do to try to differentiate themselves is spend thousands of dollars on upgrades. This is usually a bad investment as only a fraction of that is recouped when the condo sells. Industry data shows that similar sized units sell for similar prices, regardless of any upgrades done.
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.
Downtown Toronto living is about to get whole a lot smaller. The city’s first micro-condos, geared towards “people who choose to live small (and smartly),” are in the works. They’re planned for a 25-s...
After 32 months of house hunting in Toronto, I finally "won" a home bidding war -- and was then handed the unsavoury task of selling my previous house. Imagine our surprise when we learned that there were SEVEN registered offers on our home!
Canadian housing prices are at risk of falling over the next few years, driven by global economic weakness and softness in key condo markets, a Scotiabank economist said Friday.Adrienne Warren said a...
We're almost halfway across Canada in out 'Absurd Vancouver Properties' series. This week we're focused on three Toronto houses and what domestic perks they hold against f*%king ridiculously priced properties sprinkled throughout Vancouver.
The first step in any home search always involves a discussion with the client about what is most important to them in a new home. But if you're basing your decision on where to buy your family home on what neighbourhoods do well on standardized testing, it's almost certainly going to cost you.
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!
My husband and I couldn't believe that simple family homes in the GTA could sell at the same prices that mansions used to! The truth became evident: There was just not an appropriate home for us in the current market at our price point.