Increase in listings fails to ease soaring rents
It continues to get more difficult for people and families looking to rent a condo apartment in the Greater Toronto Area. The Toronto Real Estate Board’s quarterly rental market report shows a significant increase in monthly rent.
Buyer confidence on the rise in the Greater Toronto Area
There’s no denying that the Greater Toronto Area’s real estate market, both new and resale sectors, has been slow. 2018 was basically a nose dive compared to the high activity in 2016 and 2017. Now, I think we’re seeing signs of the market rebounding.
Revealing the Truth about Canada’s Housing Market
Where is Canada’s housing market really headed? Some people say “boom,” while others declare “bust.” One individual that has a firm grasp on what the future may hold for the new home industry and the country’s real estate market is Ben Myers, Senior VP,
GTA Resale Market on Track for Another Month of Record High Sales
The Toronto Real Estate Board (TREB) released its mid-month figures for June 2015, announcing that the resale market is still on track for another record high month. Both April and May posted up record high sales in the GTA’s resale market, and it seems
Infographic: The Ontario markets where you’ll pay the most land transfer tax
While the affordability of local real estate, property tax, and neighbourhood amenities are obvious considerations, there’s one oft-overlooked factor that can add thousands of dollars to your closing costs: land transfer tax.
Is Toronto’s resale market about to become even more unaffordable?
The Toronto Real Estate Board (TREB) released its resale housing market figures for December 2016, announcing that 2016 was the second consecutive year of record high sales in the Greater Toronto Area (GTA). Last December, there were 5,338 sales reported
Selling prices increase for all housing types, except detached homes
The Toronto Real Estate Board (TREB) released its monthly resale report for October 2017, announcing a dip in Greater Toronto Area (GTA) home sales for all housing types. In total, there were 7,118 sales reported through the MLS last month, a significant
Brampton, Milton, and Oakville see the most new low-rise sales
In 2015, the Trimart Research Corporation forecasted that the Total Market Area would see 21,500 new low-rise sales for the year. Well, with the Toronto Real Estate Board (TREB) recently announcing a record number of home sales reported in the Greater
Is the foreign buyers tax actually working?
The Ontario Ministry of Finance released new data, which they say is evidence that the non-resident speculation tax - or foreign buyers tax as most people refer to it - has been successful so far. According to the province, 3.2% of the 66,434 real
No signs of housing demand waning in the Greater Toronto Area
It’s been a while since I felt the need to write a post about a housing market bubble, but the recent 2019 UBS Global Real Estate Bubble Index put Toronto at second greatest bubble risk in the world, so naturally, I have to talk about it.
