8/28/2021 | Posted in Toronto Real Estate by Stephen Gale
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After floundering through 2020, the Greater Toronto Area's condo market has been rebounding in full force this year.

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Condo sales skyrocket to historic levels in Toronto suburbs

  7/10/2021 | Posted in Toronto Real Estate by Stephen Gale
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The Toronto Regional Real Estate Board (TRREB) says a potential hike to the Municipal Land Transfer Tax (MLTT) will make purchasing a home even more difficult for would be home ... More

Land transfer tax hike will hurt supply says Toronto real estate group

  7/5/2021 | Posted in Toronto Real Estate by Stephen Gale
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Torontonians are deciding to stay where they are and enjoy the urban lifestyle.

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The non-existent exodus from Toronto

  7/4/2021 | Posted in Toronto Real Estate by Stephen Gale
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It looks like a vacant home tax it's going to be coming into effect in Toronto sooner than investors might be ready for.

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It looks like a vacant home tax is coming to Toronto sooner rather than later

  5/25/2021 | Posted in Toronto Real Estate by Stephen Gale
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Home prices in the Greater Toronto Area have continued to soar, with the average selling price hitting $1,090,992 in April, a 33% ascent from last year’s $820,226, ... More

What's driving up real estate prices in Toronto?

  5/17/2021 | Posted in Toronto Real Estate by Stephen Gale
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First-time homebuyers are getting more anxious about the market.

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Five ways to ease the pain of Toronto housing affordability crisis

  5/4/2021 | Posted in Toronto Real Estate by Stephen Gale
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Toronto’s downtown condominium segment is staging a comeback with sales nearing pre-pandemic levels.

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New Toronto condo sales near pre-pandemic levels

  4/23/2021 | Posted in Toronto Real Estate by Stephen Gale
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Toronto’s condo market, battered by a pandemic that sent city residents looking for more space, is bouncing back.

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Toronto's condo market springs to life with 80% jump in sales

  4/6/2021 | Posted in Toronto Real Estate by Stephen Gale
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Canada's largest housing market logged another month of record sales and price gains in March. The head of the local real estate board is warning of potential unintended ... More

Toronto home sales double in March, average price hits $1.1M

  3/27/2021 | Posted in Toronto Real Estate by Stephen Gale
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The housing market in Toronto keeps on accelerating to defy all odds, with small one bedroom condos selling for in the $700,000s after bidding wars, the average home price ... More

Toronto's real estate market is so out of control that it's now considered high risk

  3/23/2021 | Posted in Toronto Real Estate by Stephen Gale
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After years of an impossibly tight Toronto vacancy rate, there were reports that the downtown had emptied out due to COVID pandemic, leaving unoccupied units and landlords ... More

Toronto rents - what really happened when COVID-19 hit?

  2/28/2021 | Posted in Toronto Real Estate by Stephen Gale
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Demand for expensive homes in Toronto real estate is the result of the pandemic's economic impact

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Toronto real estate trends point to pandemic's unequal impact: CMHC

  2/16/2021 | Posted in Toronto Real Estate by Stephen Gale
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Housing experts say the city could be sidestepping the supply problem by chasing "short-term" gains.

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What a luxury homes tax could mean for Toronto's housing market

  2/10/2021 | Posted in Toronto Real Estate by Stephen Gale
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A Toronto budget briefing note reveals that the city could yield an additional $18.7 million in revenue this year—if city council is willing to implement a luxury home ... More

Luxury home tax could yield $18 million for Toronto in 2021, if approved

  10/4/2020 | Posted in Toronto Real Estate by Stephen Gale
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A Swiss bank has concluded that Toronto's housing market is in bubble territory, as homes in the city are more overpriced based on local rents and incomes than in places ... More

Swiss bank UBS says Toronto has 3rd biggest housing bubble in the world

  9/7/2020 | Posted in Toronto Real Estate by Stephen Gale
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Home sales in the Greater Toronto Area posted a record for August as they rose 40.3 per cent compared with a year ago and prices shot higher, the Toronto Regional Real Estate ... More

Toronto Regional Real Estate Board says home sales hit record for August

  8/26/2020 | Posted in Toronto Real Estate by Stephen Gale
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As one of Canada’s most desirable housing destinations, Toronto’s home prices remain at the mercy of multiple factors despite the considerable impact of the ... More

Three reasons why Toronto real estate prices are so high

  8/2/2020 | Posted in Toronto Real Estate by Stephen Gale
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The Toronto Regional Real Estate Board says condominium apartment sales in the region have fallen by since last year, but the average selling price is up.

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Toronto condo sales down 50 per cent from last year, but prices are up: TRREB

  7/29/2020 | Posted in Toronto Real Estate by Stephen Gale
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Toronto’s condominium market showed significant slowdown in the second quarter, with sales dropping to their lowest levels since 2009, according to the Q2-2020 ... More

Toronto condo sales fall to lowest level since 2009

  7/28/2020 | Posted in Toronto Real Estate by Stephen Gale
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Throughout the COVID-19 pandemic, homeowners have had a lot of time to reassess what they need in a home. For some, this has meant considering a new property outside of the ... More

Toronto homebuyers won't leave city for suburbs as pandemic drags on

  7/22/2020 | Posted in Toronto Real Estate by Stephen Gale
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A limited supply of houses for sale, paired with rising demand as COVID-19 pandemic restrictions lift, have caused real estate prices in Toronto to skyrocket over the past few ... More

Here's where house prices are rising the fastest in Toronto right now

  7/8/2020 | Posted in Toronto Real Estate by Stephen Gale
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Toronto’s real estate market appears to be roaring back to life, but some housing industry observers believe prices are being propped up by a combination of government ... More

Toronto home prices soar as listings remain low, but some question how long that will last

  7/7/2020 | Posted in Toronto Real Estate by Stephen Gale
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Greater Toronto Area home sales are rebounding from the COVID-19 pandemic and prices are on the rise, but completed transactions are still short of where they were last year, ... More

Toronto housing prices up nearly 12 per cent despite pandemic

  5/28/2020 | Posted in Toronto Real Estate by Stephen Gale
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The results of a recent Ipsos survey suggested that accelerated borrowing and home-purchasing activity is just waiting in the wings to pounce upon the Greater Toronto Area ... More

Borrowing, homebuying in Toronto to accelerate after COVID-19

  5/18/2020 | Posted in Toronto Real Estate by Stephen Gale
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Toronto remains likely to see elevated housing demand and prices this summer despite the COVID-19 market pause.

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Toronto market might find post-coronavirus recovery easier

  5/8/2020 | Posted in Toronto Real Estate by Stephen Gale
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DBRS Morningstar is looking at pandemic scenarios that include a housing price correction of between 10 and 15 per cent by 2022.

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Housing prices could fall 14% in Canada's biggest city by 2022 - and that's the 'moderate' scenario
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