Toronto housing market not in a ‘death spiral’
Recently, Royal Bank of Canada released a brief report for May 2018, commenting on the Greater Toronto Area’s and Greater Vancouver’s housing markets. According to RBC, the markets are balanced!
Average selling price of a resale condo unit surpasses $560,000
The Toronto Real Estate Board (TREB) released its resale housing market figures for May 2018, as well as the results of a recent Ipsos poll on the importance of housing in the upcoming Ontario election.
The TOcore plan could hurt first-time buyers
To get an expert’s perspective on some of these market factors, we reached out to Ben Myers, President of Bullpen Research & Consulting Inc., and picked his brain on a few of these hot topics.
Average selling price of a detached home remains above $1 million
The Toronto Real Estate Board (TREB) released its monthly resale housing market figures for April 2018, announcing a drop in sales, average selling price, and listings.
A different way of looking at housing supply
Even when the Greater Toronto Area (GTA) housing market is calming down it seems hot. New single-family home sales in March 2018 dropped 77% compared to the same period last year, but the benchmark price is still more than $1.2 million.
Average rent for a 1-bedroom condo unit in the GTA nearly $2,000
The Toronto Real Estate Board (TREB) released its resale and rental condo reports for the first quarter of 2018, announcing a notable increase in average selling price in the Greater Toronto Area (GTA).
3 ways to market your Toronto home listing this spring
Billed as the busiest time of year to purchase a resale or new construction home, the months between March and June typically see an influx of new listings and a renewed buyer force.
National average home sale price drops more than 10%
The Canadian Real Estate Association (CREA) released its national home sales report for March 2018, announcing a 10.4% year-over-year drop in average sale price.
Average selling price drops for all housing types, except condos
The Toronto Real Estate Board (TREB) released its monthly resale housing report for March 2018, announcing another dip in sales and new listings compared to the record high activity in 2017.
$1 million-plus condo market to remain steady through spring
Sotheby’s International Realty Canada released its top-tier 2018 spring market forecast, predicting the luxury home market will normalize in the Greater Toronto Area (GTA), based on sales transactions through the MLS system.
