As I read media articles, I can’t help but notice that information lags behind usually by a good month.
So from someone who eats, sleeps, and breathes real estate, here it is:
About 70%…
How’s the market doing?
Posts Categorized: Market update
Ontario Provincial Land Transfer Tax Changes – January 1, 2017
Click here for more detail from the provincial government.
Read more »New Mortgage rules
Targeting foreign buyers smacks of scapegoating.
Watch Phil Soper, CEO of Royal LePage discusses implications of the new 15% foreign tax that took effect yesterday in Vancouver. According to a very small sample and short term report based on MLS sales just last week shows that the market literally stood still for the past seven…
Read more »Is this housing bubble going to burst?
As a real estate agent in Toronto, this is a question I have been getting a LOT lately.
Is this bubble going to burst?
How much higher will prices go before the market crashes? Will there be a crash? No one can…
“So what is slowing down..again??”
As we move more into the summer, the sales in Toronto’s market keep growing. Sales were up by 15.4 per cent year-over-year to 10,180 transactions. The number of new listings has also grown compared to the same period in 2013, which shows that the competition between buyers increased.
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Enormous Growth in Luxury Home Market Figures
A number of markets across the country are seeing a strong pick-up in the number of high-end homes that are selling. Real estate industry players say they think it’s because people are less worried about the housing market’s future. As always, this is still an exciting gamble,…
Read more »“How is the market doing?”
The spring market started off on a strong note in the Greater Toronto
Area, with a 10.8 per cent year-over-year sales increase reported by
Greater Toronto REALTORS® during the first two weeks of April.
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The robust increase in sales speaks to the fact…
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GTA Realtors® Release Monthly Resale Housing Figures
TORONTO, July 4, 2013 – Greater Toronto Area Realtors reported 9,061 sales through the Toronto MLS system in June 2013 – down by less than one percent compared to June 2012. Over the same period, new listings were down by a greater rate than sales, sugesting market conditions became…
Read more »New Poll Shows Continued Strong Public Support For Eliminating Toronto Land Transfer Tax
TORONTO, June 14, 2013 – With the City of Toronto’s Executive Committee expected to review a City staff report on options for phasing out the Toronto Land Transfer Tax in coming weeks, a new poll is showing strong public support for eliminating this tax.
“The public continues to feel strongly…
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