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GTA Home Sales Stable as Prices Creep Higher

Wednesday Apr 3rd, 2019

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Toronto Real Estate

Slipping sales figures for the Greater Toronto Area appear to be stabilizing, with the latest report from the Toronto Real Estate Board (TREB) showing little year-over-year difference in the volume of local home sales recorded in March, with just one fewer unit sold. Similarly, the 7,187 residential sales recorded last month represent just a 1% drop in sales measured quarterly. Along with flat March and Q1 sales versus the stronger numbers seen in 2018, new listings have delcined in even... [read more]

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

Wednesday Apr 3rd, 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]

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]

This is the most expensive condo in Toronto right now

Sunday May 27th, 2018

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THIS IS THE MOST EXPENSIVE CONDO IN TORONTO RIGHT NOW Lisa Cumming, blogTO Image courtesty of: blogTO Welcome to the fabulous lives of Toronto's rich and famous. Peel back a curtain on this $31.5-million penthouse in Yorkville to reveal exactly what luxury looks like. This two-floor 10,200 square foot palace - with a concierge - has everything you could ever want. Image courtesty of: blogTO Created in the 1960s by architect Philip Johnson, this condo has 5000 SF of... [read more]

A High-Tech Neighbourhood Could Turn Toronto into a World Renowned Innovation Hub

Tuesday Mar 13th, 2018

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A HIGH-TECH NEIGHBOURHOOD COULD TURN TORONTO INTO A WORLD RENOWNED INNOVATION HUB Randy Risling, Toronto Star Image courtesty of: Google A high-tech neighbourhood designed by Google's sibling company has been pegged as a way for Toronto to become a hub in the burgeoning field of urban innovation.  "From a very practical perspective on an economic development basis, the smart cities or urban innovation area is a booming area that some would say is a $25-trillion dollar... [read more]

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