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Toronto housing expected to cool further in 2018

10/19/2017 | Posted in Toronto Real Estate by Michael Antczak

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In its latest Metropolitan Outlook, The Conference Board of Canada noted that Toronto’s housing market will experience further cooling in 2018, after the moderation that ... More


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


GTA REALTORS® Release September Resale Housing Market Figures

10/4/2017 | Posted in GTA Real Estate by Michael Antczak

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Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 6,379 sales through TREB’s MLS® System in September ... More


Toronto prices seen stabilizing as key housing ratio balances

9/14/2017 | Posted in Toronto Real Estate by Michael Antczak

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The ratio of Toronto house listings compared with monthly sales has moved back into long-term balance, limiting the potential for significant further price corrections in the ... More


Brace yourself for five years of glacial growth in Canada's housing market: Moody's

9/14/2017 | Posted in Real Estate Market by Michael Antczak

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National housing market to see no more than 1.3% annual price gains but Toronto may buck the trend because of strong demand than flies in the face of affordability.

... More


Toronto real estate market picks up after lull

8/6/2017 | Posted in Toronto Real Estate by Michael Antczak

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Home buyers in Toronto and some of the surrounding areas appear to be testing their mettle again after spending a few weeks on the sidelines. It’s too soon to tell ... More


Toronto housing market downturn to be short-lived, federal housing agency says

7/27/2017 | Posted in Toronto Real Estate by Michael Antczak

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The recent downturn in Toronto's real estate market is expected to be brief, the federal housing agency said Wednesday.

... More


Toronto housing market's downturn may have an upside

7/24/2017 | Posted in Toronto Real Estate by Michael Antczak

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GTA home sales are down, but may be more short-term bump than long-term correction.

... More


Finding the positive in spite of growing negative coverage

7/14/2017 | Posted in Toronto Real Estate by Michael Antczak

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Despite a cooling market due to Ontario’s housing plan, Toronto is still expected to close out the year with impressive price gains.

... More


Realtors' internal numbers show Toronto home prices fell more than 6% in two weeks

6/21/2017 | Posted in GTA Real Estate by Michael Antczak

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Internal mid-month statistics for June from the Toronto Real Estate Board show average prices in the Greater Toronto Area shed almost 6.4 per cent in just two weeks with sales ... More


Big bank forecasts Toronto's future

6/8/2017 | Posted in Toronto Real Estate by Michael Antczak

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One of Canada’s largest banks reacts positively to Toronto’s cooling market.

... More


Is Toronto's housing market decline for real?

6/8/2017 | Posted in Toronto Real Estate by Michael Antczak

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Why sales and prices seem likely to continue to fall for at least the next two or three months.

... More


TREB May numbers show a soft month for Toronto real estate market

6/8/2017 | Posted in Toronto Real Estate by Michael Antczak

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Home sales dropped in May 2017 compared to last year, but experts say the trend is likely temporary.

... More


Toronto home sales drop most since recession as new rules put brakes on market

6/6/2017 | Posted in GTA Real Estate by Michael Antczak

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Sales of existing homes across the Greater Toronto Area dropped a whopping 20.3 per cent in May from a year ago, while the average home price in the region fell about six per ... More


GTA REALTORS® Release Monthly Resale Housing Market Figures

6/5/2017 | 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 10,196 sales through TREB’s MLS® System in May 2017 ... More


Toronto's housing market feels chill from provincial measures

6/5/2017 | Posted in Toronto Real Estate by Michael Antczak

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Toronto’s overheated housing market has cooled rapidly since the Ontario government announced a suite of new housing measures in April, with average prices dropping 6 per ... More


GTA Home Sales Plunge 26% Following Ontario Foreign Buyer Tax

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

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On April 20th 2017 the Ontario government introduced their Fair Housing Plan which included a 15% tax on homes purchased by foreign (non-resident) buyers. The provincial ... More


Obsession with home ownership driving Toronto affordability crisis, report finds

5/23/2017 | Posted in Toronto Real Estate by Michael Antczak

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The Toronto area will need up to $150 billion in new home construction in the coming decade and most of that should be rental units, says a report from the Canadian Centre for ... More


Agents sound off on the country's hottest market

5/19/2017 | Posted in Toronto Real Estate by Michael Antczak

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Toronto real estate performance in April -- specifically the uptick in new listings -- is a seasonal blip in the market's radar, according to leading agents.

... More


GTA listings surge will quickly run its course: RBC

5/17/2017 | Posted in GTA Real Estate by Michael Antczak

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The surge in new listings in the GTA in April may be short-lived as many sellers may have been “cashing in their chips.”

... More


Most sweeping rent controls in 25 years could end up making Toronto housing more expensive if building halts

5/16/2017 | Posted in Ontario Real Estate by Michael Antczak

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Toronto’s trying to make it more affordable to rent in one of the world’s hottest housing markets. New measures may have the opposite effect.

... More


Sharpest 12 Month Rise On Record For Toronto and Hamilton Home Prices

5/12/2017 | Posted in Real Estate Market by Michael Antczak

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In April, the Teranet–National Bank National Composite House Price Index™ was up 1.2% from the previous month. This gain is similar to that reported for April of ... More


Toronto, Victoria are world's 'hottest' luxury real estate markets

5/11/2017 | Posted in Real Estate Market by Michael Antczak

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Toronto and Victoria, B.C. are the world’s “hottest” markets for luxury homes as investors flock to Canada for its political and economic stability, according ... More


Toronto's Fast Moving Prices Spread To Surrounding Suburban Real Estate

5/2/2017 | Posted in Ontario Real Estate by Michael Antczak

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Canadians are confident in the Canadian real estate market, and they’re putting their money where their mouth is. According to the latest numbers from the Canadian Real ... More


Toronto real estate sales climbed in past week, but overall cooling could be coming

5/2/2017 | Posted in Toronto Real Estate by Michael Antczak

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Early data suggests homebuyers in Canada’s largest city sat on the sidelines as they awaited new market cooling measures, but jumped backed into the market — albeit ... More


Foreign Buyers or Domestic Greed? Over 121,000 Toronto Homeowners Own Multiple Homes In The City

4/27/2017 | Posted in Toronto Real Estate by Michael Antczak

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New data from the Ministry of Finance shows that Toronto real estate has a bigger problem than foreign buyers, speculators from Toronto. 

... More


More People Are Buying Toronto Real Estate That Shouldn't, And Half Are At Risk of Defaulting

4/27/2017 | Posted in Toronto Real Estate by Michael Antczak

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Toronto real estate buyers scrambling to get in the market are increasingly taking out high-ratio mortgages, with far too little income.

... 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


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