Average selling price of a Greater Toronto Area home will exceed $800,000 in 2019
The Toronto Real Estate Board released its 2019 Market Year in Review and Outlook report, predicting more sales, higher prices, and tight supply.
The growing demand for storage space in the Greater Toronto Area
As both first-time buyers and empty nesters eye the condo market for their new home purchase, one thing has become clear - storage space is essential.
The Greater Toronto Area’s detached home market is making a comeback!
For the longest time, detached homes were the most popular housing type. Even when prices were skyrocketing, detached home sales in the resale market were still higher than townhomes and semis.
3-bedroom condo leases in the Greater Toronto Area soar by 47%
According to the Toronto Real Estate Board’s second quarter data, there were 9,749 condos rented through the MLS system in the second quarter of the year. This is nearly a 15% year-over-year increase.
Housing prices in Vancouver dropping due to greater supply (and it might be a good thing)
Toronto real estate and Vancouver real estate get compared a lot, mostly because they’re the hottest housing markets in Canada. What we’re seeing in Vancouver that we’re not seeing in Toronto right now is the uptick in resale home listings.
Resale housing market continues to tighten in the Greater Toronto Area
The typically busy fall market in now upon us, and according to the Toronto Real Estate Board’s latest resale figures for September 2019, the season is off to a strong start.
Will the Greater Toronto Area’s housing market keep defying the odds?
It’s the time of year when thoughts turn not just to turkey and cranberry sauce, but also to looking back at the market and prognosticating about what we’ll see in the year to come. What exactly does 2017 have in store for the Greater Toronto Area’s
Spring ends on a high note as Greater Toronto Area home sales spike more than 10%
TREB released its monthly resale housing market figures, announcing that 8,860 sales were reported through the MLS system. When looking at the first half of the year, home sales are up 8.5% and new listings increased by less than 1%.
Average price of a new condo in the Greater Toronto Area surpasses $800,000
Compared to last year, 2019 is proving to be a strong one for new home sales in the Greater Toronto Area, according to a new report from the Building Industry and Land Development Association.
New home sales in the Greater Toronto Area soar 123%
According to Altus Group, the Building Industry and Land Development Association’s trusted source for new home market intelligence, there were 3,853 new home sales in the Greater Toronto Area in April 2019, which is a 123% year-over-year increase.
