toronto condo sales
And Toronto, in particular, was singled out for concern.
The Toronto Real Estate Board said there were 7,656 condo transactions in the second quarter of 2015 — representing a growth rate of 17 per cent over the same period last year.
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
Toronto home sales caught fire in the first half of May, but at this frenzied pace, homeowners better hope that fire doesn’t
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.
Recent changes to mortgage rules in Canada have left some condo buyers unable to afford their purchases, say professionals
The U.S. government shutdown has had an interesting side effect for Canada: It has held out the promise of lower mortgage
All those construction cranes dotting the Toronto skyline might be evidence of an economy that has a serious problem, writes
Toronto new condo sales took a nose-dive in the first quarter of 2013, according to condominium market research company Urbanation