A Toronto Home Makes A Great Long Term Investment Did you know 98% of homeowners continue to say that their most recent home purchase was for them to live in rather than as an investment to rent out? A home is the only investment you can live in while it grows in value. […]
Toronto Buyer Posts
Toronto Real Estate TREB Published July, 2019 Resale Market Figures
Toronto Real Estate TREB Published July, 2019 Resale Market Figures Toronto Real Estate Board (TREB) announced that Greater Toronto Area REALTORS® reported 8,595 sales through TREB’s MLS® System in July 2019. This result was up by 24.3 per cent compared to July 2018. On a month-over-month basis, sales were up by 5.1 per cent, after […]
Condo rents decrease in Toronto downtown, Apartment vacancy rate goes up
The number of newer rental apartments in the GTA that are empty and ready for new tenants is at its highest level since a leading real-estate consulting firm started keeping track in 2015. According to Urbanation’s survey of purpose-built apartments completed since 2005, the average vacancy rate rose from a low of […]
Canada Displays Signs of Housing Bubble in 2019, Bloomberg States
Canada and New Zealand are the most vulnerable economies to a correction in house prices, with Australia and the U.K. also drawing concern, according to new research from Bloomberg Economics. Seeking to build a “housing bubble dashboard,” economist Niraj Shah studied ratios of house prices to rent and income as well as inflation-adjusted […]
Toronto Real Estate TREB Published June, 2019 Resale Market Figures
Toronto Real Estate TREB Published June, 2019 Resale Market Figures Toronto Real Estate Board (TREB) announced that Greater Toronto Area REALTORS® reported 8,860 sales through TREB’s MLS® System in June 2019, representing a 10.4 per cent increase compared to June 2018. Over the same time period, total new listings remained at a similar […]