The Toronto-area real estate market continued to see strong sales volumes and higher prices in November, 2016. The Toronto Real Estate Board says there were 8,547 properties sold through its system last month, up 16.5 per cent from November 2015. The average selling price for all types of housing was $776,684, up 22.7 per […]
Toronto Seller Posts
Toronto home prices jump in October despite new mortgage rules
Toronto’s real estate sales climbed more than 11 per cent of the members in October, 2016 compared with a year earlier, despite the introduction of new federal mortgage regulations aimed at chilling the region’s overheated housing market. The average cost of all homes across the Toronto region rose 21 per cent of the members […]
Unethical agents in hot Toronto real estate market under the microscope
Who are the unscrupulous agents in Toronto’s real estate market? It all depends on who you’re asking. Some real estate agents engage in unethical behaviour, industry veterans recognise. But so do buyers and sellers. The machinations of Toronto’s blazingly hot market are receiving a lot of scrutiny these days. Last week, an undercover investigations […]
House price market correction is coming – National Bank
Vancouver’s detached home costs will fall 20 per cent over the next year as the number of homes changing hands in the city continues to plunge, National Bank said in a report on Friday. “In the case of vehicles of Vancouver, we guess the prices correction will begin soon,” National Bank economist Marc Pinsonneault […]
GTA Realtors Release September, 2016 Resale Housing Market Figures
In toronto real estate, on October 5, 2016, Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS reported 9,902 sales through TREB’s MLS System in September 2016. This result was up by 21.5 per cent compared to September 2015. For the region as a whole, strong annual rates of sales […]