In central toronto real estate, Integral House, a Toronto architectural wonder built for $34M in Central Toronto Rosedale area and one of the most storied accomplishments in Canadian architecture, has finally found a buyer after 18 months on the market. It was the vision of the mathematician and musician James Stewart, built with reverence to […]
central toronto real estate
TREB releases strong August, 2016 resale housing market figures
In toronto real estate, Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported a record 9,813 sales through TREB’s MLS® System in August 2016. While this sales result was 23.5 per cent above the number of transactions reported for August 2015, it is important to note that the majority […]
Toronto housing market staying stronger, while Vancouver’s slowing down – TD Bank
In toronto real estate, Toronto continues to maintain its housing market momentum whiles Vancouver real estate market looks to be softening. In a report published Tuesday, TD Bank said Vancouver has started what is expected to be a modest correction, which will be reinforced by the recent implementation of the land transfer tax on […]
Toronto home affordability has significant drop in 26 years – RBC
In Toronto real estate, RBC said that the overall cost-of-ownership measure hit 60.2 per cent of median pre-tax income at the end of June, 2016, mainly due to a run-up in single-detached home costs. RBC said the level of Toronto’s aggregate affordability measure was the highest since the third quarter of 1990. However, the bank’s […]
Royal Bank Monitors A Close Eye On Housing In Toronto, Vancouver
In toronto real estate, Royal Bank CEO David McKay says the lender is “closely monitoring” the real estate markets in Vancouver and Toronto, where home prices have been climbing at a breakneck pace. “The short supply of single-family homes in both cities — coupled with strong demand fuelled by household formation, including net immigration […]