Sales of single-family detached homes obtaining prices of at the least$ 1-million have almost doubled in 2017 in the Greater Toronto Area, as economists raise the possibility of a real estate bubble. The GTA recorded 2,876 sale of detached properties of $ 1-million or more in January and February, 2017, compared with 1,548 in […]
Toronto Neighbourhood Posts
Even Toronto’s Top 1 per cent Earners Are Priced Out Of Housing Market, BMO notes
Toronto’s runaway house prices could threaten the city’s economy if even the wealthiest 1 per cent of earners find themselves priced out of the market, as is now happening, the Bank of Montreal is warning. BMO Chief economist Douglas Porter crunched the numbers and found that someone earning $225,000 a year — right at […]
Don Mills home sold for $1.15 million over the listing price in 2017
Fifty years ago, a young couple paid $27,000 for a modest home in Don Mills. That approximately 1,500 square-foot house sold for $2.3 million, more than $1.15 million over the nearly $1.19 million list price on Wednesday. The home on Norden Cres. near Lawrence Ave. East and Don Mills Rd., received 31 offers following […]
Toronto house sold for more than $1 million over listing price in early 2017
A house in Toronto lately sold for more than $1 million over asking price, as the average cost for homes sold in the Greater Toronto Area in December, 2016 skyrocketed by 20 per cent of the members over the previous December, 2015. The split-level dwelling, located along 19 Talwood Dr. in the Lawrence Avenue […]
Davisville Homes For Sale, Davisville Real Estate, Max Seal, Broker
For Sellers, Davisville Homes for Sale, Central Toronto Are you thinking to sell your house in Davisville? For a “Free Market Evaluation”, please click the “Free Market Analysis Online” image below and complete and send the “Market Evaluation” form. Please call or text Max Seal, Broker at 647-294-1177 or click Contact Max link and […]
