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Toronto Residential News and Articles | My Blog

Toronto home buyers and sellers play the waiting game

8/11/2017 | Posted in Toronto Real Estate by Michael Antczak

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Toronto in mid-August feels like a city waiting with bated breath. The real estate market is drowsy and buyers and sellers are anxious to ... 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 condo prices soar 28%

7/25/2017 | Posted in Toronto Real Estate by Michael Antczak

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Toronto’s home sales may have seen a big slump in June but the condo market has shown relative resilience in the second quarter of 2017.

... 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


Interest rate hike could prolong Toronto real estate market slowdown

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

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The GTA real estate market had already begun to cool off before the Bank of Canada raised its benchmark rate Wednesday.

... More


Housing responsible for over 25% of Ontario's 2016 economic growth - report

7/7/2017 | Posted in Real Estate News by Michael Antczak

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Toronto’s thriving housing market is offsetting the significantly lower volume of business investment in Ontario this year, according to independent think-tank Fraser ... More


TREB Member REALTORS® Release Monthly Market Report, Forecast Update And New IPSOS Consumer Survey

7/6/2017 | Posted in GTA Real Estate by Michael Antczak

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Toronto Real Estate Board President Tim Syrianos, in his first release as TREB President, announced TREB residential MLS® sales, listings and price statistics for ... More


Port Lands: New downtown Toronto neighbourhood

6/29/2017 | Posted in Toronto News by Michael Antczak

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Toronto’s Port Lands is to receive $1.185 billion of funding for development of a new downtown neighbourhood. The federal, provincial and municipal governments, ... 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.

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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


New record for GTA residential land sales

5/24/2017 | Posted in GTA Real Estate by Michael Antczak

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Residential land was the hottest sector in investment real estate sales in the GTA in the first quarter of 2017.

... 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.

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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.”

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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.

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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


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


GTA condo sales up more than 20 per cent

4/26/2017 | Posted in GTA Real Estate by Michael Antczak

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The sale of condos in the Greater Toronto Area continues to surge with a 21.7 per cent in the first three months of 2017 compared to the same period of 2016.

... 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


Cool Toronto's market by cutting tax - not raising it

4/12/2017 | Posted in Toronto Real Estate by Michael Antczak

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Jack Mintz: If Premier Kathleen Wynne wants to score a big win with home-buying voters, why not get rid of the land-transfer tax altogether?

... More


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