How Healthy Is Our Real Estate Market - September 2015

Thursday Sep 24th, 2015


HOW HEALTHY IS OUR REAL ESTATE MARKET? In September 2015 Canadian Housing Starts Jump as Toronto Condo Building Booms Canadian housing starts unexpectedly jumped in August from July as condo building surged to meet demand for lower-cost options in the nation's hottest market, extending a housing boom that is one of the few bright spots in Canada's otherwise tepid economy. Last week's report from the Canada Mortgage and Housing Corp. showed the seasonally adjusted... [read more]

Toronto Homes Near Subway Worth 14% More Than City Average

Thursday Mar 10th, 2016


TORONTO HOMES NEAR THE SUBWAY ARE WORTH 14% MORE THAN THE CITY AVERAGE Location. Location. Location. "Steps to the subway" is a phrase so commonly uttered by Toronto home hunters and branded on real estate ads that it begs the question - what really warrants the term walking distance? Anything 5 minutes or less is a no brainer, but after posing the question to a handful of condo seekers, some doubts arose about anything over the 10-minute mark. "When it feels like -20... [read more]

Real Estate 'Chaos' Sends Millennials Scrambling Before They're Priced Out

Monday Apr 18th, 2016


REAL ESTATE 'CHAOS' SENDS MILLENNIALS SCRAMBLING BEFORE THEY'RE PRICED OUT The modest house in west Toronto wasn't their ideal starter home, but with a little compromise, it was close enough. Besides, it has a newly renovated kitchen and there was a daycare centre right around the corner.  The semi-detached was listed for an enticing $649,000 in a neighbourhood where 30-year-old Elia Briganti grew up, where much of her family still lives and where she'd like... [read more]

Brace For It! Toronto Rents Rising Faster Than Condo Prices

Tuesday Apr 19th, 2016


BRACE FOR IT! TORONTO RENTS RISING FASTER THAN CONDO PRICES Would-be homebuyers who have already been priced out of the Greater Toronto Area's white-hot real estate market may be feeling the pinch when apartment hunting, too, a new report suggests.  Increasing home prices are feeding demand for condo rentals as some put their ownership aspirations on hold, and this is driving rents up, according to Urbanation's first quarter 2016 rental market report. "The rental... [read more]

Home Prices Up Over 50% in GTA's Hottest Neighbourhoods

Sunday Dec 11th, 2016


HOME PRICES UP OVER 50% IN GTA'S HOTTEST NEIGHBOURHOODS Earlier this month the Toronto Real Estate Board announced that the average price of a detached home in the 905 region was up 29.4% year over year. But as any good math student knows, if the average in the GTA is up 29.4% that means there must be quite a few neighbourhoods that are appreciating at a much faster rate than this. I thought it would be helpful to take a look at how fast the hottest neighbourhoods in the GTA are... [read more]


All information regarding a property for sale, rental, taxes or financing is from sources deemed reliable. No representation is made as to the accuracy thereof, and such information is subject to errors, omission, change of price, rental, commission, proper sale, lease or financing, or withdrawal without notice. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer.The number of bedrooms listed above is not a legal conclusion. Each person should consult with his/her own qualified advisor, architect or zoning expert to make a determination as to the number of rooms in the unit that may be legally used as a bedroom. Each Engel & Völkers brokerage is independently owned and operated. Any use of the term "advisor" or "agent" shall be replaced with the term "Sales Associate" where required by local law. Engel & Völkers® and the Engel & Völkers Logo are registered service marks owned by Engel & Völkers Marken GmbH & Co. KG.