Archive for Toronto Real Estate News And Trends
April Toronto Real Estate Board Average Sale Price Hits A New High
Although it’s not my favourite thing to report, the average sale price in April for Toronto houses and condominiums hit a new high. In fact, we’re up over 9% from one year ago. I don’t like reporting things like this because they always leave us open to more ‘bubble talk’ – the world is ending, [...]
When Will The Bank Of Canada Raise Rates And By How Much?
At our annual RE/MAX Hallmark awards breakfast last Thursday, Sally and I had the pleasure of receiving awards for our sales efforts in 2010. We thank all of our loyal clients for their continuing support and for their referrals every year. We also had a special treat. RE/MAX Hallmark arranged to have Craig Alexander, Chief [...]
Will The Spring Real Estate Market In Toronto Peak In April Or May?
The Toronto real estate house and condominium market this spring is looking a lot like last year with near record sales, low house and condo inventories and imminent interest rate increases predicted for this summer and beyond. Last year, sellers finally realized by early May that they could get a good price for their homes [...]
Future Toronto Houses Could Have Some Amazing Features
Imagine a completely modern home with all the bells and whistles! Completely connected to the outside world and completely organized in every room inside. Life with all this would be pretty interesting. Take a look at this video to see what the future will look like. Share this:EmailDiggPrintRedditStumbleUponPress ThisFacebook
Why Are Toronto House And Condo Owners Not Moving?
Toronto Real Estate Board statistics show that the house and condo listing inventory for February was the lowest in board history. A lack of Toronto homes for sale is one of the major causes of the busy market we encountered last month. In this February 2011 Toronto Real Estate Market Report we talk about some [...]
Toronto Real Estate Market Report For January 2011
The New Year started with some turmoil for Toronto real estate home buyers with word that the federal government was going to change their mortgage regulations. Theoretically these new rules just apply to CMHC (Canada Mortgage and Housing), the entity that insures hi-ratio mortgages for buyers with less than 20% down payment. It’s still unclear [...]
2011 Predictions For The Toronto Real Estate Market
Have you every wished you could see into the future and predict what’s going to happen to Toronto real estate listings and the market this year? I certainly have but unfortunately I haven’t got that talent nor do I trust palm readers and other psychics. The best we can do is read, watch and listen [...]
Very Favourable 15-Year Appreciation Statistics For Toronto Real Estate
The Toronto real estate market certainly started out like the proverbial lion for the first 5 months and then settled down with Toronto Real Estate Board house and condo listings and sales slowing down for the last half of the year. One of the main reasons for that was the threat of imminent higher interest [...]
Qualifying For Real Estate Financing In Toronto Just Got A Bit Tighter
Hot off the press… Mr Flaherty, our Minister of Finance, has just announced some measures to tighten up mortgage financing in Canada. The most impactful measure is that, effective March 18, 2011, 35-year amortization mortgages will not be available for anyone applying for a high-ratio mortgage (with less than 20% down payment). The typical choices [...]
2011 Predictions For Toronto Real Estate
Some predictions based on reports on Toronto real estate and Canada’s real estate market for 2011.
