Toronto House Prices Jump 18.2 %, Another Unbelievable Record!!!

By: Eric Eaton

Toronto House Prices Jump 18.2 %, Another Unbelievable Record!!!

Tags: Toronto Homes, Single Family Homes, Condominium, MLS Listings, Real Estate Market, Home Sales,

  Canada’s economy may have been in the doldrums in the early months of this year, but you’d never know it looking at Toronto’s increasingly frenzied real estate market. The price of a single-family home jumped by 18.2 per cent in the past year, according to new data from the city’s real estate board. The average price for a standalone home in the city was $1,1...Read More

May 2015 Toronto Real Estate Board Resale Market Report

By: Eric Eaton

May 2015 Toronto Real Estate Board Resale Market Report

Tags: Sales Prices, Sales Growth, Market Report, MLS Listings, Reported Sales

TORONTO, June 3, 2015 -- Toronto Real Estate Board President Paul Etherington announced 11,706 sales reported by Greater Toronto REALTORS® in May 2015.  This result was up by 6.3 per cent in comparison to 11,013 sales reported in May 2014.  For the TREB market area as a whole, sales were up for all major housing types.  However, in the City of Toronto, where the supply o...Read More

Spring 2015 Housing Market Outlook For Greater Toronto Area

By: Eric Eaton

Spring 2015 Housing Market Outlook For Greater Toronto Area

Tags: Housing Market, Mortgage Rate, Home Prices, Canada Mortgage Housing,

  Highlights Condominium apartment starts will dominate construction in 2015 and 2016 Low mortgage rates and increasing consumer confidence will boost existing home sales in 2015 before edging lower in 2016 Rising supply of condominium apartments for rent will exert some upward pressure on the average vacancy rate ?Lower oil prices will help to boost employment To access the full report ...Read More