Toronto Condo Sales and Rentals Published In 4th Qr, 2019 Tоrоntо Rеgіоnаl Rеаl Eѕtаtе Board (TRREB) аnnоunсеd thаt Grеаtеr Tоrоntо Arеа REALTORS® rероrtеd 5,367 соndоmіnіum араrtmеnt sales thrоugh TRREB’ѕ MLS® Sуѕtеm іn thе fоurth ԛuаrtеr of 2019. Thіѕ rеѕult wаѕ up bу 3.8 реr cent compared to thе fourth ԛuаrtеr оf 2018. New […]
toronto condo seller
Toronto’s steaming condo market slows down in 1st quarter, 2018
Toronto’s heated condo market looses some steam due to the growing development costs and some of the condo project cancellations. They have produced some caution into Toronto’s hot condo market, and with more project terminations likely yet to come, comments Urbanation, the development research company. Urbanation found that new Toronto condo launch prices went up […]
Analyzing condo investors of Toronto market, a new study finds
What are the characteristics of the new pre-construction condo buyers in Toronto’s property market? These buyers buy out the most and best condo units in the condo building towers during the pre-sales period from the hundred of new condo builders across Toronto area. Close to 50 per cent (50%) of the mortgages […]
GTA home sales went down 40% in March, 2018 when compared to March, 2017
GTA home sales went down 40% in March, 2018, and the average price also declined by 14 per cent, according to the latest Toronto Real Estate Board report. TREB reported 7,228 residential transactions in March, 2018 in the GTA, a large decrease from the record 11,954 sales reported in March 2017. The monthly […]
Toronto Condo owners had large capital gains and about half are in negative cash flow
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 […]
