The Toronto Real Estate Market Buzz

We know there is always a buzz around the Toronto real estate market in the spring, so why are we already feeling it in January? Maybe it’s the hyper local market in our neighbourhood and within the GTA but we’re seeing a very early and strong start to the number of people calling for listing presentations and buyers saying they’re…

Re/Max forecasts ‘exceptionally healthy’ residential real estate market in 2014

Re/Max forecasts ‘exceptionally healthy’ residential real estate market in 2014 Courtesy of City News Toronto –  12/11/2013 07:59 AM The Canadian Press Canada can expect an “exceptionally healthy” housing market in 2014 thanks to improvements in the overall economy that helped produce a surge in the latter half of this year, a leading real estate group said Wednesday. Re/Max said…

Canadian Real Estate is Strong!

A recent article by the Globe and Mail is saying that Canadian real estate is strong and will continue to do so, comparing the rebound and resiliency this fall since the tightening of mortgage regulations last year. But is everyone forgetting the US election last year? And the wonderful imminence of the U.S. fiscal cliff? As much as we’d prefer…

Toronto Fall Real Estate Market

With the Bank of Canada announcing that bank rates will stay low for now, how will that affect the Toronto real estate market? It’s a treat for those who are maintaining smart debt levels and who can afford to get into or move around in the housing market. But it can be a trick for buyers who rationalize affordability based…

What is the MLS Home Price Index?

The MLS® Home Price Index (HPI) measures home price trends and home price inflation/deflation in residential markets within territories of participating real estate boards in Canada. It is calculated each month and covers five major housing markets (Greater Vancouver, Fraser Valley, Calgary, Greater Toronto and Greater Montreal, with more to come). The MLS® HPI tracks price levels at point in…

OCT 2013 Toronto Real Estate Market

GTA REALTORS® RELEASE MONTHLY RESALE HOUSING FIGURES TORONTO, October 3, 2013 — Greater Toronto Area REALTORS® reported 7,411 residential sales through the TorontoMLS system in September 2013, representing a 30 per cent increase compared to 5,687 transactions reported in September 2012. Year-to-date, total residential sales reported through TorontoMLS amounted to 68,907 during the first nine months of 2013 – down…

Toronto’s Best Neighbourhoods

Toronto Life recently published a thorough ranking of Toronto’s Best Neighbourhoods to see where are the best places to live in the city. How did your neighbourhood rank? Or the one you’re thinking of moving to? And how did they rank them? Toronto Life conducted an online poll of Toronto Life readers, who voted on what they prioritize when choosing…