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 Real Estate In The News
Toronto home sales drop, new listings decrease as sellers retreat in July, 2017
Home prices continued to fall across the Toronto region in July, 2017 as purchasers stay on the sidelines, but the tempo of growth of new listings also continued to slow as more sellers decided to wait for a better time to sell. The Toronto Real Estate Board reported the average sale price of all […]
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 […]