Luxury condo market booming in the GTA
Sotheby’s International Realty Canada recently released its 2017 Year-End Top-Tier Real Estate Report, announcing an increase in activity in the Greater Toronto Area’s (GTA) condo and attached home market. When the Fair Housing
Resale condo market had the strongest price growth last year
The Toronto Real Estate Board (TREB) released its resale housing market data for 2017, announcing a drop in sales and an increase in average prices. There were 92,394 sales in the Greater Toronto Area (GTA) reported through the MLS system.
What does 2018 have in store for the housing market?
Welcome back! We hope you had an amazing holiday season and a happy new year. Here at Newinhomes.com, we’re ready to jump right back into the real estate game. For all of January, we’ll be featuring predictions for 2018 with
2017: The year of the condo
We think it’s pretty safe to declare 2017 the year of the condo, in the Greater Toronto Area (GTA) at least. We saw record high prices, sales, and construction this year, and it’s been a wild ride. But can it last? There are no signs
What we learned from our most popular news stories of 2017
We dug into our analytics to see which news stories posted in 2017 received the most traffic (excluding posts about new home openings and new home developments). After reviewing the data, we learned a few obvious and not so obvious things about our
Expect home sales to drop off in early 2018
The Canadian Real Estate Association (CREA) released its monthly home sales data for November 2017, and they also updated their resale housing market forecast. From October to November, national home sales jumped 3.9%, an unusual
Home sales and average price drop in November
The Toronto Real Estate Board (TREB) released its monthly resale figures for November 2017, announcing a drop in sales and average selling price. There were 7,374 sales in the Greater Toronto Area (GTA) reported through the MLS system last
Anti-competition ruling creates more informed homebuyers
In spring of 2016, Canada’s Competition Tribunal ruled that the Toronto Real Estate Board (TREB) was preventing competition by prohibiting its realtor members from online disclosure of sales data, including sales prices. Last week, a
7 tips for listing your home during the holidays
The winter holidays may be the busiest shopping season of the year, but that certainly doesn’t hold true for real estate – while the crowds flock to the mall, they’re much less likely to hit your open house. Aspiring buyers tend
