Toronto’s detached home is having another rough month. Numbers from the Toronto Real Estate Board( TREB) has been demonstrated that purchaser indecision and substantial downward pressure to the detached home segment in July, 2017. Generally speaking, detached homes across TREB market area demonstrated lower prices, less sales, and more inventory. Prices Down Up […]
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Toronto home prices continue falling for third month in a row in July, 2017
Toronto Real Estate Board( TREB) reports a third consecutive month-to-month drop in home prices in the Toronto region in July, 2017. Although the average price for all types of homes was still 5 per cent higher time over time, it was down about 6 per cent from June to $746,216. The number of […]
Cooling Toronto housing market could be a return to normal, state realtors
It could also be the barely disguised frustration of sellers, who listed their homes this spring expecting to attract cut-throat bids from desperate, over-extended purchasers. Instead they are seeing fewer showings and fewer offers. Toronto area home prices dipped about 7 per cent in May, 2017 compared to April, 2017 but remained about […]
Toronto house prices dip in May, 2017 but tight supply keeps prices up
Toronto region home prices dipped slightly from April to May — down $55,604 on average — but were still 15 per cent higher than May 2016, as the supply of resale house and condo listings rose 43 per cent of the same time over year. The average house price last month was $863,910 — […]
Toronto area home sales drop in May, 2017 after cooling measures
House sales fell 26 per cent in the Toronto region in May, 2017 following the Ontario government’s introduction of a foreign-buyer’s tax as many potential purchasers stepped back and waited to assess the market condotion. In the 30 days after the province of Ontario announced the immediate introduction of a 15 -per-cent foreign-buyer’s excise on […]
