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Toronto home prices to creep close to 2017 all-time highs in 2019

Wednesday Apr 03rd, 2019

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Toronto Real Estate

The Toronto housing market is poised to nearly reach peaks obtained in 2017, the hottest year on record for residential real estate in Canada's biggest city. This sums up the year-end forecast from TREB. The board anticipates home sales this year will clock in at 83,000 units - surpassing last year's tally - while the average price soars to $820,000, just shy of the all-time high in 2017. "Price increases will be driven by the average condominium apartment price growth in the... [read more]

Ontario government scraps rent control & Toronto doesn't like it

Sunday Dec 09th, 2018

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Toronto Real Estate

Ontario Premier Doug Ford's first-ever fiscal roadmap could have sweeping implications across all aspects of life for almost everyone in the province. Those who earn the most money, for example, no longer have to worry about paying extra income taxes (something proposed by the previous Liberal government that would have generated about $275-million for Ontario). Renters, on the other hand, could eventually end up paying way, way more to live in the city. Effective November 15,... [read more]

These are Toronto's 12 most expensive condo buildings per square foot

Wednesday Apr 11th, 2018

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THESE ARE TORONTO'S 12-MOST EXPENSIVE CONDO BUILDINGS PER SQUARE FOOT Sarah Niedoba, BuzzBuzzNews Image courtesty of: Four Seasons Hotel GTA home prices have taken a tumble in recent months, with one notable exception - condos. As buyers struggle to afford still-pricey detached homes, condos offer a comparably affordable option for those looking to get into the market.  Condo prices were up 10% year-over-year in February and are widely expected to continue to rise... [read more]

How much of a value-add is smart home technology?

Thursday Apr 12th, 2018

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HOW MUCH OF A VALUE-ADD IS SMART HOME TECHNOLOGY? Neil Sharma, Canadian Real Estate Wealth Magazine Image courtesty of: Realty Biz News While Canadians have been slow adopters of smart home technology, the luxury market has embraced it with gusto - and condominium developers have taken note. Additionally, smart home technology augments a home's value, says Forest Hill Real Estate broker Matt Smith. "Any time technology can save time, money and energy, there is a major... [read more]

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