Greater Toronto Area real estate heating up with the weather Image

Greater Toronto Area real estate heating up with the weather

In April, there were 9,042 home sales in the Greater Toronto Area reported through the MLS system, which is 16.8% higher than the same period last year. This is also 11.3% higher than the amount of sales in March 2019. 

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See why Brampton is one of the best places to live in Canada Image

See why Brampton is one of the best places to live in Canada

It’s the oldest line in the real estate handbook, “location, location, location.” But what matters most to you? The Best Places to Live: Canada Liveability Report by RE/MAX may help you decide. 

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Only those within the top 10% of earners can afford a Toronto house: study Image

Only those within the top 10% of earners can afford a Toronto house: study

Even as housing prices have cooled throughout the GTA since the 2016 market peak, the average house still fetched $873,100 as of March, while the typical condo unit costs over half a million dollars, at an average of $522,300.

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Is Toronto at risk of a brain drain to Montreal? Image

Is Toronto at risk of a brain drain to Montreal?

As millennials continue to be priced out of many urban housing markets across the Greater Toronto Area, Montreal is becoming an affordable haven for younger buyers, but the wide selection and relatively low prices won’t last forever. 

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Average price of a resale condo unit in Toronto surpasses $600,000 Image

Average price of a resale condo unit in Toronto surpasses $600,000

The Toronto Real Estate Board released its resale condo market statistics for the first quarter of 2019, reporting a slight drop in sales and a little jump in average price. 

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Will banning bully offers make a difference in Ontario real estate? Image

Will banning bully offers make a difference in Ontario real estate?

The Ontario Real Estate Association recently released its recommendations to improve and modernize the Real Estate and Business Brokers Act, including banning “bully offers.”

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Greater Toronto Area resale housing market remains steady through first quarter of 2019 Image

Greater Toronto Area resale housing market remains steady through first quarter of 2019

The Toronto Real Estate Board released its resale housing market results for March 2019, reporting steady sales and prices, though the market remained tight. TREB also continues to blame the mortgage stress test for slower sales. 

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Will Vancouver’s luxury home market bounce back this spring? Image

Will Vancouver’s luxury home market bounce back this spring?

Vancouver’s shift to a buyer’s market continued in both the condo and single-family markets. Buyers and sellers have stepped to the sidelines; buyers want to see if prices will keep dropping and sellers are hoping prices stabilize or go back up.

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The Greater Toronto Area’s top-tier real estate market will be strong this spring Image

The Greater Toronto Area’s top-tier real estate market will be strong this spring

Sotheby’s International Realty Canada released its 2019 Spring Outlook Real Estate Report, predicting an active pace for the Greater Toronto Area’s top-tier real estate market. 

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National home sales fall to lowest level since November 2012 Image

National home sales fall to lowest level since November 2012

The Canadian Real Estate Association released its monthly national sales figures for February 2019, reporting a drop in activity. 

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