3/3/2023 | Posted in GTA Real Estate by Paul Solomons
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February sales in the Greater Toronto Area (GTA) were down substantially from the pre-rate hike levels of early 2022.
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2/3/2023 | Posted in GTA Real Estate by Paul Solomons
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As we moved from 2022 into 2023, the Greater Toronto Area (GTA) housing market unfolded as expected. The number of January sales and the overall average selling price were ... More

1/5/2023 | Posted in GTA Real Estate by Paul Solomons
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Home Sales and Listings Down While Selling Price and Rent Up
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12/6/2022 | Posted in GTA Real Estate by Paul Solomons
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Homeownership market activity in November continued to be influenced by the impact of higher borrowing costs on affordability. Sales were down markedly compared to the same ... More

11/30/2022 | Posted in Toronto News by Paul Solomons
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Residential properties unoccupied for more than 6 months per year may be subject to Toronto's new Vacant Home Tax. All residential property owners must declare the ... More

11/10/2022 | Posted in Toronto Real Estate by Paul Solomons
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Activity in Toronto’s housing market appears to be levelling off following a sharp decline over the spring that saw home prices drop significantly.
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11/3/2022 | Posted in Toronto Real Estate by Paul Solomons
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A multi-month slide in Toronto home prices slowed in October, as sellers stepped back in hope the market will improve if they wait.
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11/3/2022 | Posted in GTA Real Estate by Paul Solomons
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Despite the continued housing market transition to a higher borrowing cost environment, the average selling price in the Greater Toronto Area (GTA) found some support near $1.1 ... More

10/27/2022 | Posted in Rental Market by Paul Solomons
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The cost of renting a one-bedroom condominium in Toronto is now up more than 20 per cent year-over-year, as higher borrowing costs leave some would-be buyers on the ... More

10/14/2022 | Posted in GTA Real Estate by Paul Solomons
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Sales activity in the city is continuing to decline
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10/12/2022 | Posted in Toronto News by Paul Solomons
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The market has seen its rent rates increase by around 20% annually
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10/5/2022 | Posted in GTA Real Estate by Paul Solomons
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The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs in September 2022.
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9/2/2022 | Posted in GTA Real Estate by Paul Solomons
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There were 5,627 home sales reported through the Toronto Regional Real Estate Board’s (TRREB) MLS® System in August 2022, representing a year-over-year dip of 34.2 ... More

8/4/2022 | Posted in GTA Real Estate by Paul Solomons
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There were 4,912 home sales reported through the Toronto Regional Real Estate Board (TRREB) MLS® System in July 2022 - down by 47 per cent compared to July 2021. Following ... More

7/25/2022 | Posted in Toronto Real Estate by Paul Solomons
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New data is revealing how much money Toronto residents need to make in order to afford to purchase a home in the city.
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7/6/2022 | Posted in GTA Real Estate by Paul Solomons
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Higher borrowing costs continued to impact home sales in June 2022. Sales totalled 6,474 – down by 41 per cent compared to last year’s strong result. The number of ... More

6/3/2022 | Posted in GTA Real Estate by Paul Solomons
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Greater Toronto Area (GTA) housing market conditions continued to evolve in response to higher borrowing costs. Similar to April results, May 2022 sales were down on a monthly ... More

5/4/2022 | Posted in GTA Real Estate by Paul Solomons
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The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs, with the number of transactions down on a monthly and annual basis.
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4/22/2020 | Posted in GTA Real Estate by Paul Solomons
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Greater Toronto Area REALTORS® reported 1,654 home sales through TRREB’s MLS® System during the first 17 days of April – down by 69 per cent compared to the ... More

4/22/2020 | Posted in GTA Real Estate by Paul Solomons
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Toronto home sales tumbled in the first half of April, down 69 per cent compared with the previous year, as the coronavirus pandemic led to an economic slowdown and a huge ... More

3/6/2020 | Posted in Toronto Real Estate by Paul Solomons
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Toronto House Prices Jump By $130,000 In A Year As Industry Calls For 'Shovels In The Ground'. And now the Bank of Canada is putting "kerosene on the fire" ... More

3/4/2020 | Posted in GTA Real Estate by Paul Solomons
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TREBB reports a very strong year-over-year sales and price growth in February 2020.
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2/26/2020 | Posted in Toronto Real Estate by Paul Solomons
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Around four in five Canadians in Toronto perceive the city to be in a housing bubble, according to the latest study by Zillow and Ipsos.
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2/13/2020 | Posted in Toronto Real Estate by Paul Solomons
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Toronto housing price surge resembles sky-high gains of 2016.
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2/6/2020 | Posted in Toronto Real Estate by Paul Solomons
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TRREB President Michael Collins announced that Greater Toronto Area REALTORS® reported 4,581 home sales through TRREB’s MLS® System in January 2020 – up by ... More

2/6/2020 | Posted in Toronto Real Estate by Paul Solomons
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Toronto Regional Real Estate Board President Michael Collins announces the release of TRREB’s fifth annual Market Year in Review and Outlook Report.
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2/3/2020 | Posted in Toronto Real Estate by Paul Solomons
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Developers are betting on new projects in some of Toronto’s oldest suburbs to attract millennials fleeing from the main city area’s inflamed home prices.
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1/27/2020 | Posted in Toronto Real Estate by Paul Solomons
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Two city councillors are pushing for a rethink of Toronto's municipal land transfer tax rebate for first-time home buyers, suggesting the cap should be increased to match ... More

1/7/2020 | Posted in GTA Real Estate by Paul Solomons
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The MLS® Home Price Index Composite Benchmark was up by 7.3% on a year-over- year basis in Dec 2019. From June 2019 onward, the annual growth rate in the MLS® HPI ... More

1/2/2020 | Posted in Toronto News by Paul Solomons
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Having a strong brand is vital for successful businesses but for cities it can enhance everything from investment to immigration.
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