Home prices increased 3% year-on-year in the Greater Toronto Area during August but the general slowdown continued, with month-on-month prices and sales of detached homes down once again. In its latest report released Wednesday, the Toronto Real Estate Board revealed that the average sale price of homes in the GTA was $732,292 – a 3% […]
Toronto ranked 4th in Global Liveability index for 2017
Toronto was once again ranked as one of the best places to live in the world as the Economist Intelligence Unit released its 2017 Global Liveability rankings. Ontario’s capital ranked fourth in the list of most liveable cities throughout the world, once again enhancing its credentials as a top international city and destination. The city […]
Has Toronto’s real estate bubble burst? A statistical look
Following the latest release of figures from the Toronto Real Estate Board (TREB) last Thursday, there have been a variety of headlines proclaiming the bursting of the real estate bubble in the Greater Toronto Area. But has that really happened? And is there a real estate bubble at all? We took a deep look at […]
GTA House Prices Record Another Big Increase in April
House prices continued to rise in the Greater Toronto Area during April, with the latest report from TREB showing a 24.5% year-on-year increase in the average selling price and a slight increase from the previous month. Rising to a new high of $920,791, the average selling price for all homes in the GTA was […]
A Closer Look at the Fair Housing Plan
A little time has passed since the government of Ontario announced its Fair Housing Plan, so people have had a chance to really think about and analyse the proposals. As such, we thought that the time was right to look at the entire fair housing plan to see what it means for people buying and […]
Ontario Announces Measures to Cool Housing Market
TORONTO – The Ontario government announced its wide-ranging plan to cool the housing market on Thursday morning with a series of measures called Ontario’s Fair Housing Plan, highlighted by a 15% tax on non-resdient speculative buyers. Following on the heels of British Colombia, which implemented a foreign buyer tax last year, the proposed Non-Resident Speculation […]
Assignment Sales and “Shadow Flipping”: An Ontario Perspective
GREATER TORONTO – While it has certainly garnered its share of media attention in Greater Vancouver, the practice now known as “shadow flipping” has yet to become a serious problem here in the GTA, according to the Real Estate Council of Ontario (RECO). In a nutshell, a real estate sales representative or broker may engage […]
Living Realty Featured in the South China Morning Post
HONG KONG – Living Realty Inc., Brokerage, and its partners at the Living Group of Companies, are no strangers to exposure in the Chinese-language media of greater Toronto. Over the last couple of years alone, Living Realty events have been covered in Chinese Real Estate Weekly, SingTao Daily, and Condo Life – just to name […]
Teeing off for a Cause
Living Realty Sponsors LiVante Developments’ first annual Charity Golf Tournament MARKHAM – Many of the GTA’s leading corporate citizens from the real estate industry got together at the Mandarin Golf and Country Club on Thursday September 5th, to join our friends from LiVante Developments in a sporting round of charity golf. Living Realty was proud […]
Household Survey reveals City of Markham is Canada’s Most Multicultural Community
MARKHAM – The City of Markham is coming into its own as a true champion of cultural diversity, with 72.3 per cent of the city’s population coming from visible minorities, as reported in Statistic’s Canada’s 2011 National Household Survey. A Toronto Star feature on the town’s Survey results also revealed that 52.9 per cent of […]