Archive for Toronto Condo Market Activity
July 2011 Toronto Real Estate Market Video Analysis Now Ready
Hi, I’m Thomas Cook from Toronto’s Real Estate Team at RE/MAX Hallmark and here is our July 2011 Toronto real estate market report. July’s average sale price was up compared to one year ago but the listing inventory was lower. We’re going to talk about the effect of a drop in the ratio of sales-so-listings (or [...]
Toronto Real Estate Sales Up In June
The Toronto Real Estate Board has released its June 2011 Market Report, reporting that 10,230 homes were sold in the Greater Toronto Area during the month, which is an increase of 21% over June 2010 – the third best June on record, after 2007 and 2009. “The strong June result capped off an interesting first [...]
Comprehensive Analysis Of The Downtown Toronto Condo Market Is A ‘Must Watch’
Many questions have been raised about the status of the downtown Toronto condo market and how sustainable it is. In this multi-part series entitled “Status Of Downtown Toronto’s Condo Market“, you’ll get the facts about what’s happening now and what’s expected to happen in the next few years. There are some surprises along with positives [...]
TD Economics Predicts Rate Will Remain Stable Into 2012
Toronto real estate market predictions are often based on what the mortgage lending rates are. With the latest Bank Of Canada news, and a recent drop in 5-year fixed rate mortgages, it seems that we’re in for a busy rest of 2011. The TD Economics Report now predicts that the Bank Of Canada rate will [...]
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 [...]
Toronto’s Real Estate Market Firms Up In November
Despite what you might hear from Tony Wong at the Toronto Star and Garth Turner in his blog, Toronto’s real estate market is doing well! The average YTD sale price is up by 10.5% !!
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 [...]
What Do These Toronto Real Estate Numbers Mean, Anyway?
We are continuously striving to provide up-to-the-minute statistics on Toronto’s real estate market as we see them. Statistics are regularly released on either a weekly, bi-weekly, monthly or quarterly basis, so there’s lots of information for potential or current homeowners to pick through when researching the home buying or home selling process in Toronto. These [...]
July Toronto Real Estate Board Sales Lowest Since 2002
So is it just a traditional summer market slowdown or is it the harbinger of a long-term decline in Toronto real estate sales? Only time will tell (hindsight is always 100%). Although the average Toronto house and condo sale price at $420,482 was up 6.3% over 12 months ago, it was down 3.5% from June [...]
Are You A Blue Jays Or Toronto Sports Fan?
Downtown Toronto CityPlace Condo With Fabulous Birds-Eye View Of The Rogers Centre Field This lovely 35th floor 1-bedroom plus den suite in the Optima building at CityPlace has a spectacular view of the field when the dome is open. Take a look at the photos, suite and building video, floor plans and feature sheet for you [...]
