New home starts increasing in Toronto due to limited resale supply
The Canada Mortgage and Housing Corporation (CMHC) released its monthly housing starts report for June 2016, announcing an increase in new home starts across Canada. The trend measure for last June was 197,918 units, which is a slight increase compared
GTA Resale Market Figures Jump in June
The Toronto Real Estate Board (TREB) released their resale housing statistics for the first two weeks of June 2014, highlighting substantial increases in sales and new listings.There were 4,938 sales recorded through the TorontoMLS system during the
Canadian Resale Market continues to see gains
The Canadian Real Estate Association has released new statistics today.
New condo sales steady, resale market softens
The Toronto condominium apartment market in Q3/08 was on pace with 2005 and 2006 in terms of new unit sales.
The CREA lowers its national resale housing market forecast and it’s Ontario’s fault
The Canadian Real Estate Association (CREA) lowered its national resale housing market forecast for 2017 and 2018, and it’s all Ontario’s fault.The Fair Housing Plan was introduced by the Ontario government to reign in the super hot Greater Golden
TREB Reports Improved Resale Housing Figures for Second Quarter
According to the Toronto Real Estate Board (TREB), Greater Toronto Area (GTA) home sales declined by less than one per cent compared to June of 2012. New listings rates were also down, signaling a possible tightening in the market.TREB President, Dianne
Resale housing market sees 40% drop in sales
The Toronto Real Estate Board (TREB) released its monthly resale housing report for July 2017, announcing a significant year-over-year drop in sales in the Greater Toronto Area (GTA). Last month, GTA realtors reported 5,921 transactions through the MLS
Why to Buy a New Home vs. a Resale Home
From Granite HomesIt is imperative for a home buyer to make an informed decision on whether to purchase a new home versus a resale home. While there are advantages to both, the choice is a very personal one and depends on the needs and wants of the
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.
Average selling price of a resale condo unit surpasses $560,000
The Toronto Real Estate Board (TREB) released its resale housing market figures for May 2018, as well as the results of a recent Ipsos poll on the importance of housing in the upcoming Ontario election.