Archive for Toronto Real Estate News And Trends

Toronto Real Estate: The Media Game

While perusing through the recent Toronto real estate headlines regarding market stats from September, two things stand out: several headlines pointing out that Canada’s September home sales have fallen a whopping 20 per cent from September 2009, and one puny headline saying that Canada’s home sales have risen three per cent this September. So are [...]

Craig Alexander From TD Economics Talks About Toronto’s Real Estate Market

If you’ve never heard Craig speak about the Canadian economy and Toronto’s real estate market, you’re missing a great experience. He’s one of the most knowledgeable people in the industry when it comes to talking about what we can expect to happen economically in the near future. I’ve had the pleasure of knowing Craig for [...]

There’s Now Proof That A Toronto Real Estate Bubble Doesn’t Exist

Highlights From The Canadian Mortgage Market Primer From TD Canada Trust For the doomsdayer’s out there, I think we’ve amased enough proof to show that the downside risks of a significant fall in Toronto’s home prices are remote if even possible at all. We’re not going to be overwhelmed by power of sale homes (the [...]

Fall Toronto Real Estate Market Will Be Slower… But Opportunities Abound

I’ve just completed our monthly Toronto Real Estate Market Report and there’s some interesting facts and statistics that came to light when I prepared it.  It may not all be “doom and gloom” as some of the newspapers and media always like to focus on although the market is definitely slower than it was in [...]

Toronto’s Housing Market Won’t See The Same Issues As The United States

The Canadian housing market has cooled slightly after record-highs and now we’re faced with news that the housing market in the United States is floundering even more than when compared with previous months. Approximately 10 per cent of American homeowners are projected to be at risk of having their homes foreclosed on in the near [...]

Toronto Homeowners Like To Move: Survey

A new survey by Toronto-Dominion Bank has found that Canadians like moving. Approximately 20 per cent of Canadian real estate buyers have owned more than five homes in their lifetime, and nearly the same amount of Canadians are planning on moving within six years. Fewer than a third of those surveyed said that their next [...]

Toronto Housing Market Crash Fears Overblown: RBC, Conference Board of Canada, Everybody Else

The recent slump in the Toronto Real Estate market was a sign of summer, and now that the weather is cooling Toronto-area homebuyers and sellers can relax. Reports by at least three separate major media organizations in mid-September as well as reports by financial institutions and the Conference Board of Canada should dissuade everyone’s fears [...]

Thank Goodness The Summer Real Estate Market Is Over In Toronto

Traditionally the real estate market in Toronto has slowed down twice per year… in the July-August period and in the December-January period.  However that pattern was broken for the most part during the past decade.  Instead of everyone relaxing during the summer months since 2000, the momentum generated during busy spring markets carried over into [...]

Current Toronto Real Estate Cooling Is Just Inevitable Due To Earlier Boom

In the first two weeks of August, there was a 29 per cent difference from the same time last year as well for Toronto existing home sales. In July, existing home sales across Canada fell 30 per cent when compared to July 2009, with Ontario and British Columbia pulling down averages across the board and [...]

Watch the Toronto waterfront area grow!

If you’re lucky enough to own a piece of downtown Toronto real estate, you can just sit back and watch the waterfront area grow. Toronto’s new Sugar Beach is just one part of the city’s waterfront revitalization projects. Plenty of thought has gone into it: Pink umbrellas, imported sugar-like sand and well-thought out landscaping. However, [...]