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Among Canada's housing markets, Toronto remains the most 'puzzling'

10/10/2017 | Posted in Real Estate Market by Michael Antczak

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Conventional economic factors including population, incomes and borrowing costs accounted for less than half of the 40% surge in Toronto home prices between 2010 and 2016, ... More


Home sales edge back into growth as the GTA rebounds

9/18/2017 | Posted in Real Estate Market by Michael Antczak

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There was a small increase in national home sales in August, reversing a four-month trend of decline, as the GTA rebounded.

... More


Supply not the main factor in Toronto's housing woes: Commentary

8/15/2017 | Posted in Toronto Real Estate by Michael Antczak

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While various quarters have cited supply scarcity as a central driver in Toronto’s long-running housing affordability issues, latest census data actually belies that ... More


Canada Not Alone in House Price Mania

6/26/2017 | Posted in Real Estate Market by Michael Antczak

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The dramatic rise in Canadian house prices has been making headlines almost daily. But Canada isn’t the only country experiencing skyrocketing home prices.

... More


Home Prices Up a Record 2.2% in May

6/14/2017 | Posted in Real Estate Market by Michael Antczak

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In May, the Teranet–National Bank National Composite House Price Index™ was up 2.2% from the previous month, the largest May gain in the 19-year history of the ... More


Canada home prices not coming down yet thanks to low rates: Reuters poll

5/25/2017 | Posted in Real Estate Market by Michael Antczak

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Efforts to rein in Toronto's hot housing market and recent problems at mortgage lender Home Capital are unlikely to hurt Canada's national real estate market as low ... More


House prices can't climb faster than incomes forever

5/18/2017 | Posted in GTA Real Estate by Michael Antczak

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For the last three years, analysts have been predicting a Canadian housing crash and ensuing recession, yet the economy continues to chug along and house prices are still ... More


Canadian home sales edge higher from February to March

4/18/2017 | Posted in Real Estate Market by Michael Antczak

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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in March 2017.

... More


Overheated Price Appreciation in Greater Toronto Area Reaches New Heights in the First Quarter of 2017

4/18/2017 | Posted in Toronto Real Estate by Michael Antczak

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Apprehension grows over the region's steep price gains, causing many to search for property in regions beyond the GTA.

... More


GTA REALTORS® Release Resale Housing Market Figures

4/5/2017 | Posted in GTA Real Estate by Michael Antczak

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Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 12,077 residential sales through TREB’s MLS® System in ... More


Toronto house prices may jump 25% this year: Report

3/27/2017 | Posted in Toronto Real Estate by Michael Antczak

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Toronto’s housing market is likely to stay strong for the rest of the year, with home prices jumping as much as 25 per cent, amid hints that speculators are fuelling ... More


Toronto house price surge down to speculators

3/22/2017 | Posted in Toronto Real Estate by Michael Antczak

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The ever-rising home prices in Toronto are set to gather pace and require policy measures to curb speculation according to economists.

... More


$1 million GTA homes have almost doubled

3/22/2017 | Posted in GTA Real Estate by Michael Antczak

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In the first two months of 2017 there were 2,876 such sales, up from 1,548 in the same period of 2016, a top real estate brokerage reports.

... More


Ontario urging Ottawa to change tax rules in bid to curb real estate speculation

3/20/2017 | Posted in Real Estate News by Michael Antczak

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Ontario Finance Minister Charles Sousa is urging Ottawa to address speculative investing in the country's housing markets by changing how such profits are taxed.

... More


Canadian home sales climb in February

3/15/2017 | Posted in Real Estate Market by Michael Antczak

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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in February 2017.

... More


Canadian home prices climb another 1% in biggest February increase on record as Toronto stays strong

3/14/2017 | Posted in Real Estate Market by Michael Antczak

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Canadian home prices rose in February as prices continued to climb in the hot Toronto market, data showed on Tuesday in a report that was unlikely to alleviate concerns from ... More


Prices soar 30 per cent in this Ontario market

3/6/2017 | Posted in Ontario Real Estate by Michael Antczak

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The continued boom in the housing market in the Greater Toronto Area continues to push other Ontario markets higher.

... More


Government "very focused" on monitoring housing market: Finance Minister

3/6/2017 | Posted in Toronto Real Estate by Michael Antczak

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The government remains “very focused” on monitoring the Canadian housing market, Finance Minister Bill Morneau said. His remarks come amid rising prices in Toronto ... More


Big banks are freaking out about Toronto real estate

3/5/2017 | Posted in Toronto Real Estate by Michael Antczak

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Add Canada’s largest bank to the growing chorus of lenders worrying about unsustainable price growth in Toronto. Sparking speculation that further mortgage rule ... More


GTA REALTORS® Release Monthly Resale Housing Market Figures

3/3/2017 | Posted in GTA Real Estate by Michael Antczak

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Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 8,014 residential sales through TREB’s MLS® System in ... More


Big bank increasingly bearish

2/17/2017 | Posted in GTA Real Estate by Michael Antczak

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Well, this may be the first time in recent memory a big bank economist has used the feared B-word in relation to real estate. Bubble.

... More


GO expansion could boost GTA property values

2/9/2017 | Posted in GTA Real Estate by Michael Antczak

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A study commissioned by the Toronto Real Estate Board considered the impact of GO’s Regional Express Rail expansion on Toronto region housing prices and ... More


GTA house price 'spillover' driving up prices as far away as Sudbury, Ottawa: CMHC

1/29/2017 | Posted in Ontario Real Estate by Michael Antczak

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CMHC data shows sky-high prices in the Greater Toronto Area are pushing homebuyers further afield. Spillover from the red-hot GTA real estate market is driving demand and ... More


Greater Toronto Area booms with $1 million plus home sales

1/11/2017 | Posted in Toronto Real Estate by Michael Antczak

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The $1-million club isn’t so exclusive any longer, as a record number of homes sold for at least that much in the Greater Toronto Area last year.

... More


Canadian housing prices saw the sharpest rise in 10 years

1/4/2017 | Posted in Real Estate Market by Michael Antczak

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Amid crucial political developments worldwide and the passage of federal measures intended to improve affordability, 2016 has proven to be a year of flux for the Canadian ... More


Stop blaming the Greenbelt for Toronto's housing prices

1/3/2017 | Posted in Toronto Real Estate by Michael Antczak

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A number of critics would have us believe that Ontario’s land-use legislation is the top culprit for rising house prices in the Greater Toronto Area – namely the ... More


5 factors that could affect home prices in 2017

12/30/2016 | Posted in Real Estate Market by Michael Antczak

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Whether you are looking to buy or deciding if this is the year to sell, the question on many minds both at home and abroad is, "Will Canadian real estate keep ... More


Ontario cities surge ahead as the country's leading seller's markets

11/25/2016 | Posted in Ontario Real Estate by Michael Antczak

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Ontario played host to the 10 most vibrant seller’s markets in the country last month, according to fresh data from the Canadian Real Estate Association (CREA).

... More


Ontario's home costs growing by approximately $2K every few days

11/23/2016 | Posted in Ontario Real Estate by Michael Antczak

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Over the past year, the average price of homes in Ontario has swelled by more than $88,000, translating to a growth rate of around $2,000 every 8 or 9 days.

... More


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