It’s been a slower couple of years for house sales in the Greater Toronto Area; demand for higher-priced detached options struggled after the Ontario Fair Housing Plan was announced in April 2017, and then tighter mortgage … Read More
Toronto real estate
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The City of Toronto isn’t just one of the most expensive places to buy a home in Ontario, it also has some of the highest closing costs, especially land transfer tax. The Province of Ontario itself … Read More
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Over $5 billion worth of residential property was sold in the Greater Toronto Area this September, according to the Toronto real estate Board, up 4 per cent from September 2017. The total dollar volume of sales … Read More
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Toronto condos have been the saving grace of this year’s housing market. Unlike every other market segment, condos are increasing in price. Toronto condos were up 6.5 per cent in the 416 this May 2018 to … Read More
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When it comes to Canadian real estate, it’s very much Vancouver and Toronto vs. the rest of the country; those two markets are far-and-away home to the priciest real estate in the country and locals have … Read More
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Imagine you could spend your entire income to pay off your mortgage faster. To determine how long that might take, researchers at Point2 Homes calculated the median multiple (ratio of median house price to median household … Read More
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It appears the Supreme Court of Canada is the next stop in the ongoing battle to publicly share real estate data in Toronto.
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Here are some stories that caught our eye this week: Toronto’s housing costs are a barrier to attracting talent The Toronto Region Board of Trade (TRBT) published a survey this week which noted that 83 per … Read More
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Sales activity took a drastic slide in the Greater Toronto Area (GTA) following the introduction of the Ontario Fair Housing Plan—but that downward trend may be starting to reverse, according to the October data from the … Read More
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Here’s what caught our eye this week: CMHC wants to make mortgage insurance accessible to immigrants and entrepreneurs The Canada Mortgage and Housing Corporation’s CEO, Evan Siddall, shared with the media this week that the organization … Read More