You have to work 6 years to afford a 650 square foot home in Toronto
The UBS Global Real Estate Bubble Index 2018 was released last week, ranking Toronto third on a list of housing markets at risk of a bubble burst.
Land transfer taxes directly impacting housing supply
The latest in a series of poll results released by the Toronto Real Estate Board reports that a majority of Greater Toronto Area residents oppose the idea of new municipal land transfer taxes.
Turns out Toronto isn’t the least affordable housing market in Ontario
Real estate brokerage, Zoocasa, released a list of the least affordable housing markets in Ontario, and you’ll be surprised to hear that Toronto doesn’t top the list.
Only 2 new home projects opened in August 2018
The Building Industry and Land Development Association released its new home sales figures for August 2018, reporting a drop in activity across the Greater Toronto Area.
Luxury Toronto real estate expected to heat up this fall
Sotheby’s International Realty Canada just released its top-tier housing figures for July and August, reporting on the Greater Toronto Area, Vancouver, Calgary, and Montreal.
Are baby boomers buying homes for their kids?
The latest report from credit specialist, TransUnion Canada, found that mortgage activity across Canada is slowing, but those aged 54 years and up are bucking the trend.
Majority of GTA residents believe new housing is important to address affordability, just not near their own homes
The Building Industry and Land Development Association and the Toronto Real Estate Board released their second joint Ipsos polls results highlighting voters’ concerns and priorities regarding the upcoming municipal election.
Expect home prices to bounce back in 2019, especially in Ontario
The Canadian Real Estate Association released its monthly market figures for August 2018, reporting a slight increase in sales activity from the previous month.
What can Toronto learn from the Calgary real estate market?
The Calgary Real Estate Board recently released its monthly resale figures for August 2018, reporting gains in new listings, easing sales, and high inventory levels.
Housing prices in Vancouver dropping due to greater supply (and it might be a good thing)
Toronto real estate and Vancouver real estate get compared a lot, mostly because they’re the hottest housing markets in Canada. What we’re seeing in Vancouver that we’re not seeing in Toronto right now is the uptick in resale home listings.