Toronto Real Estate News

Toronto real estate news. Market updates, MLS statistics, financial indicators and economic predictions by Jamie Sarner and his team

Toronto July 2017 Market Report: Condo prices still on the rise

Toronto July 2017 Market Report: Condo prices still on the rise

Toronto by amber dawn pullin

Greater Toronto Area REALTORS® reported 5,921 residential transactions through TREB’s MLS® System in July. This means sales dropped by 40.4 per cent on a year-over-year basis. Detached homes were leading this decrease with a drop of 47.4 per cent in sales. Semi-detached properties came second with 38.6 per cent and …

Things to Know Before Buying a Condo in Pre-Construction

Things to Know Before Buying a Condo in Pre-Construction

Due to high demand, the pre-construction market is booming once again, offering condo buyers the unique opportunity to get in on the ground floor. Literally. Condo buyers are certainly not without options if they’re willing to consider purchasing in pre-construction. If you’ve been looking high and low for a place that feels just right, don’t …

Residential listings still in green numbers this June

Residential listings still in green numbers this June

World's Biggest Rubber Duck by wyliepoon 

Despite Toronto real estate market's summer slowdown, there wasn't a lack of new listings on the market. A total of 19,614 new listings entered TREB’s MLS®, which marks an increase of 15.9 per cent compared to June 2016. It's far from its position from last month when the year-over-year …

Bad Neighbours and How to Deal with Them pt. 2

Bad Neighbours and How to Deal with Them pt. 2

Your home is supposed to be your personal sanctuary; whether you live in a house, townhouse, apartment, or condo. While you can control what goes on inside the four walls of your personal space, a neighbour, good or bad, can make or break the quality of your living arrangement.

Two years ago we posted a …

Toronto Market Cooling Down in May

Toronto Market Cooling Down in May

Toronto by Rick Harris

Toronto market has cooled down a bit in May 2017. Sales in Greater Toronto Area dropped by 20.3 per cent compared to May 2016. According to TREB. GTA REALTORS® reported only 10,196 sales this month, marking a drop in sales for every home type.

Sales of detached and semi-detached houses were …

The Price of a Good View

The Price of a Good View

One of the great things about living in Toronto is whatever condo you may call home, there’s a pretty big chance you’ll have a view worth buying over. As Toronto market gets more intense, a great view could become that much pricier entry on your dream real estate checklist.

1 Yonge Street

There are many, …

Change in Toronto Real Estate: April Finally Strong in Listings

Change in Toronto Real Estate: April Finally Strong in Listings

Toronto by VV Nincic

GTA REALTORS® entered 33.6 per cent more new listings into TREB's MLS® System in April 2017. TREB recorded 21,630 new listings, compared to 16,190 listings in the same month in 2016. This marks a possible turn around in price growth that affected our market so far. According to Toronto Real Estate …

Toronto Still Ending Short on Listings in March

Toronto Still Ending Short on Listings in March

Springtime on Spadina by Susannah van der Zaag

Toronto real estate still stands strong in the terms of sales. Greater Toronto Area REALTORS® reported 12,077 residential sales through TREB’s MLS® System last month. This represented a 17.7 per cent increase compared with March 2016 that had only 10,260 sales reported. The biggest sellers were condos …

Shorter, but stronger February in Toronto’s Real Estate Market

Shorter, but stronger February in Toronto’s Real Estate Market

Pink Vertigo by Michael Muraz

Despite February 2016 being a leap year with one more day for successful closes on sales, 2017 scored 5.7 per cent more sales. Even one day short, Toronto real estate market activity didn't slow down. TREB REALTORS reported 8,014 sales through TREB’s MLS System, which is 431 sales more than …