Toronto's luxury housing market is ready to heat up in 2020

Thursday Dec 5th, 2019

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Toronto Real Estate

Luxury home sales in Toronto climbed in the first 11 months of 2019 and, with momentum continuing to build in the market as the year winds down, the outlook for 2020 is looking more and more promising. Much like the rest of the city and surrounding region's housing market, luxury real estate took a big dip in market activity in 2018 after a spectacular - though ultimately unsustainable - 2017 performance. This year started slow, but activity has crept higher in recent months led by... [read more]

Toronto home prices grow at fastest pace in two years

Thursday Dec 5th, 2019

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Toronto Real Estate

Toronto's home prices extended gains in November, and are now accelerating at the fastest annual pace since 2017 as demand continues to outpace a dwindling supply of listings. Benchmark prices on homes sold in Canada's biggest city rose 0.6% in November from October, bringing the increase from a year earlier to 6.8%. The number of transactions also rose with sales up 14% from November 2018. Toronto's housing market has began bouncing back in recent months - driven by a... [read more]

Condo Cancellations Risk Crisis of Confidence in Toronto Real Estate

Tuesday Sep 25th, 2018

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Condo Risk

With due respect to the politicians, economists, pundits, journalists, builders, realtors, empty-nesters, first-time buyers, and others who have opined on the fragility of the condo market and whay they perceive will be the cause of its imminent crash... They've got it wrong. But, also a bit right. Let me explain. This market, despite its solid fundamentals, is at a higher degree of risk today than any time in its recent past. If we don't recognize that risk and do something... [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]

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