It could also be the barely disguised frustration of sellers, who listed their homes this spring expecting to attract cut-throat bids from desperate, over-extended purchasers. Instead they are seeing fewer showings and fewer offers. Toronto area home prices dipped about 7 per cent in May, 2017 compared to April, 2017 but remained about […]
Toronto house prices dip in May, 2017 but tight supply keeps prices up
Toronto region home prices dipped slightly from April to May — down $55,604 on average — but were still 15 per cent higher than May 2016, as the supply of resale house and condo listings rose 43 per cent of the same time over year. The average house price last month was $863,910 — […]
Toronto area home sales drop in May, 2017 after cooling measures
House sales fell 26 per cent in the Toronto region in May, 2017 following the Ontario government’s introduction of a foreign-buyer’s tax as many potential purchasers stepped back and waited to assess the market condotion. In the 30 days after the province of Ontario announced the immediate introduction of a 15 -per-cent foreign-buyer’s excise on […]
Growth in more New Condos in 2016 and 2017 in Bloor-Yorkville
Once a refuge of hippies, artists, and folk singers, Yorkvillle has transformed over the last forty years to become one of the city’s toniest neighbourhoods, home to the country’s most expensive commercial real estate, along with some of the city’s best restaurants and hotels, and at its northern periphery, to some of the most […]
Growth of more New Condos in 2016 and 2017 in Downtown Toronto North
In this edition of our Growth to Watch For series, we will take a tour of Downtown North, a relatively small, yet rapidly intensifying area of Toronto defined by the University, Bay, and Yonge Street corridors from Charles to Gerrard. Neither as jam-packed with tourists and day-trippers as the Downtown Financial Core to the south, nor […]
