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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Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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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Real Estate & Mortgage News

  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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Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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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Real Estate & Mortgage News

  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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Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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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Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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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Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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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Real Estate & Mortgage News

  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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Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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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Real Estate & Mortgage News

  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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Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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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