Toronto Condo owners had large capital gains. Close to 50 per cent of all investors who bought condominiums completed in the Toronto area in 2017 are not making enough rent to cover their carrying costs, despite finding exceptional gains on the value of their properties, a new study reports. Close to 44 per […]
toronto condo buyer
Real estate prices are declining in Toronto, is a market crash in the wind
Post Title: Real estate prices are declining in Toronto, is a market crash in the wind Max Seal’s Comments: The title of this post says it all. In March, 2018, the media reporters are competing for catchy “going-down-the-hole” negative headlines to describe crashing of Toronto housing prices. Just 1 year ago back in […]
Toronto home prices down more in August, 2017
The Realtors and the Economists are looking at a return to normal in Toronto’s housing market despite a fourth consecutive month-to-month dropped in median residence prices. The Toronto Real Estate Board( TREB) reported that the average cost of a home in August — $732,292 (including all house types and condos) — was still up […]
How much you need to earn to pay for a home in Toronto
Looking at the Toronto housing market through an analytical lens of percentages, shifting sales numbers and interest rates may be the go-to method for industry insiders, but for many average customers, there’s really one thing that matters: “What can I buy?” To help answer that question, let’s calculate what level of family income you […]
Toronto home sellers and buyers are watching the waiting game in August, 2017
The Toronto real estate market is stalled and buyers and sellers are waiting to see what will happen when it comes back in September. “They’re not sure whether the market slowed down for the summer for normal, seasonal marketplace reasons, or whether we’re on a downward slope,” tells Mr. Kholodov, an agent. For now, […]
