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 Prices
Toronto’s deflating house sales shown, in one chart
Home sales in Canada’s largest city slowed down for the third month in a row, according to numbers released from the Toronto Real Estate Board. That came as new listing increased nearly 16 per cent, and as active listings surged over the year before. The median residence price still went up 6.3 per cent […]
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 […]