We’ve now entered a new decade so it seems like a good time to look back at Greater Toronto Area real estate to see how things have changed in the last ten years. Without looking at the statistics, it’s clear that there have been some seismic shifts in the Greater Toronto Area real estate market […]
TREB Reports Record-Threatening Sales Activity for 2014
TORONTO – Year-end numbers recently released by the Toronto Real Estate Board (TREB) have managed to confirm what many GTA real estate agents probably already suspected: 2014 was an exceptionally busy year for sales activity, falling short of the existing record by just 326 transactions. The Board’s Market Watch report for December 2014 reveals that […]
CMHC sheds new light on Canadian condo ownership
TORONTO – When looking at condominium communities in Toronto and other major Canadian real estate markets – especially high-rise towers – it’s natural to wonder how many units are rented out by investors, and how many are lived in by their owners. Thanks to a special “Feature on Condominiums” in the Canadian Mortgage and Housing […]
Market Update: Scorching-hot August market mobilizes GTA home buyers
GTA REAL ESTATE – August was one of the busiest months of 2013 for home sales in Toronto, with the Toronto Real Estate Board (TREB) reporting 7,569 residential transactions – representing a huge 21 per cent increase over 6,249 GTA homes sold in August 2012. These numbers are reflective of Toronto area home buyers’ willingness […]