Toronto Real Estate TRREB Published April, 2022 Resale Market Figures Thе Greater Tоrоntо Arеа (GTA) hоuѕіng market соntіnuеd іtѕ adjustment tо higher borrowing costs, wіth thе number оf trаnѕасtіоnѕ dоwn оn a mоnthlу аnd аnnuаl basis. Aѕ hаѕ been the саѕе with previous rаtе tightening сусlеѕ, ѕоmе home buуеrѕ have mоvеd tо the sidelines […]
listing shortage
Greater Toronto Area continues to boom with $ 1-million-plus home sales
The $1-million price range isn’t so exclusive any longer, as a record number of homes sold for at least that much and a lot more in the Greater Toronto Area last year. In the GTA, 19,692 properties sold last year for $1-million or higher, a 77 -per-cent surge compared against 2015, according to […]
Why Canadians Don’t Want To Sell Their Homes – Real Estate Report Reveals
TORONTO — A new report suggests the red hot real estate markets in Vancouver and Toronto are discouraging some potential sellers from listing their homes because they’re afraid of becoming buyers themselves. The spring market trends report by real estate firm Re/Max on Thursday says while homeowners in those cities know their homes will […]
Toronto, Vancouver Face Housing Shortage Amid Warning Price Boom May ‘End Badly’
This is pretty much the last thing new home buyers in Toronto and Vancouver needed to hear. Toronto and Vancouver, Canada’s two hottest housing markets, are experiencing a shortage of homes coming onto the market, National Bank Financial notes in a new report. The supply of homes listed for sale in those two cities […]