Category Archives: Toronto Real Estate News

There have been lots of discussions about the causes of the financial crisis, the most controversial economic topic of the last decade. One of the main aspects of the financial crisis is the housing bubble. The housing bubble in the …(Are Realtors Responsible for the Crisis ? continued…)

Another month has passed and the Greater Toronto REALTORS® have released their housing market figures for January 2012. According to the report, there were 4,567 sales through the TorontoMLS® system in the first month of 2012. This represents an 8.8 …(Strong Sales Growth in the Beginning of 2012 continued…)

There are many affluent residential neighbourhoods that can be recognized at first sight by big houses and luxurious cars in Toronto. They are filled with luxurious restaurants, high-end social clubs, prestigious schools, and expensive boutiques. Sure, there are similar neighbourhoods …(Canada’s Ten Richest Neighbourhoods continued…)

Record real estate sales may go on for months more, with the lowest interest rate introduced to the market in Canada. The Bank of Montreal cut its five-year, fixed-rate mortgage by 0.5% to 2.99%. If you want to take advantage …(Lowest Mortgage Rate in History of Canada continued…)

December is over, and the Greater Toronto REALTORS® have released their newest housing market stats. According to the figures, there were 4,718 transactions through the TorontoMLS® system in December 2011. That’s a very decent ending for the second-best year on …(Housing Market Stats Show Decent Ending to 2011 continued…)

Realosophy.com and the Toronto Real Estate Board have joined forces and managed to develop an interactive map showing percentual change in resale prices during the first half of the year compared to the same time period in 2010. From a …(Toronto Home Sale Values Swing continued…)

Greater Toronto REALTORS® released their newest figures concerning home sales through the TorontoMLS® system in November. The report shows that there were 7,092 residential transactions in November 2011, which is 11 per cent higher compared than the same period last …(Favourable GTA Housing Market Conditions Continue in November continued…)

I put my best effort into bringing you interesting and catchy content not only from the world of real estate, but also tidbits about life in Toronto. You can find my Toronto Restaurant Guide, Toronto Biking Guide, and beautiful photos …(Join Jamiesarner.com on Facebook! continued…)

Another month has passed and Greater Toronto REALTORS® have released their report about October home sales in the GTA. The overall number of 7,642 home sales through the TorontoMLS® represents a 17.5 per cent increase compared to October 2010, with …(Increase in Home Sales Continues in October continued…)

Two members of the U.S. Senate have suggested a plan to support the weakening U.S. housing market by giving residence visas to foreign investors who purchase American residential property worth at least $500,000.

GTA realtors recorded 5,770 condo transactions in the third quarter of 2011, according to the latest Quarterly Condo Market Report by TREB. This accounts for a 24% rise compared to the same period in 2010. The average selling price increased …(Toronto Condo Sales Up 24% continued…)

Strong year-over-year gains for all housing types have been surveyed in The Royal LePage House Price Survey for Toronto, which was released today, citing a lack of inventory and continued demand supported by low interest rates.

The Greater Toronto Area market recorded 20 per cent more sales in the first two weeks of October 2011 compared to the same period of 2010. New owners bought 3,477 homes. Nevertheless, with a 21% rise in new listings, the …(Mid October Results: Strengthening Continues continued…)

Toronto was struck by a condo boom that still maintains an alarmingly high pace. According to recent statistics, the city is constructing more high-rises than any other city in North America.

When you decide to sell your Toronto home, you’re signing up for quite a bit of work, both physical and mental. Let’s talk today about the procedures that a house or apartment owner must attend to before she or he …(Tidying Up for the Sale continued…)

Another month has passed and the Greater Toronto Realtors® released their newest stats. The figures report 7,658 transactions through the Toronto MLS® system in September representing a 25 per cent increase compared to September 2010. The first three quarters of …(September Home Sales in the GTA continued…)

GTA Realtors booked 3,149 sales during the first two weeks of September — 25% more than in the same period of September 2010. The inflow of new listings to the MLS reached 6,890 items — 14% more than the previous …(First Half Of September Records 25% Increase continued…)

Greater Toronto REALTORS® released their report about August home sales in the GTA. The figures show that this past August was very strong, with 7,542 sales reported through the Toronto MLS® system. That’s a 24 per cent increase compared to …(August Home Sales in the GTA continued…)

There have been many disputes about the effects of the weather on the housing market recently. Some experts declare that if there’s any connection between bad weather and real estate market activity, it’s irrelevant; however, many real estate agents claimed …(Weather Impacts on Real Estate Market continued…)

It’s a well known fact among homebuilders and developers that immigration has significant importance for economic growth, which also affects housing demand. Approximately 225,000 immigrants are accepted each year into Canada. This is a considerable factor that affects the economy …(Immigration and Housing Market in Canada continued…)

Every city is a unique entity with its own life, history, and future. Cities change their faces as time goes by. Old buildings are destroyed or demolished, and new buildings are erected. Toronto is a city that glows with life …(The 3 Demolished Toronto Buildings We Miss Most continued…)

The Greater Toronto REALTORS® released resale market figures for the first half of August 2011. As the numbers show, there were 3,214 sales through the Toronto MLS® during the first two weeks of August. This is a significant increase (more …(Mid August Toronto Real Estate Resale Figures continued…)

The real estate market is a vital part of the Canadian economy. The importance and benefits of the housing market for the Canadian economy was widely discussed in the 2010 edition of The Canadian Housing Observer, published by the Canada …(Economic Benefits of Real Estate Market in Canada continued…)

Royal LePage released results of a nationwide survey projecting the approach of Canadians towards investing in recreational property. A vast majority (89 per cent) of Canadians who either bought or plan to purchase a vacation home in the next two …(Why & How Much Do Canadians Invest in Recreational Property? continued…)

Real estate is a people-oriented field. Communication, emotion management, negotiation, and rational strategizing are all qualities that Realtors® and in fact all market players must possess to be successful. Success is measured in purchase price and sale price. In most …(How to Play a Low Offer continued…)

USA The idea of organizing real estate agents from the same neighbourhood into an open association has its origins in the late nineteenth century USA.

The real estate market in the Greater Toronto Area doesn’t seem to have slowed down a bit this summer, unlike last summer. The Toronto Real Estate Board (TREB) reports a strong July 2011, with 7,922 sales through the TorontoMLS® system, …(Average Housing Prices and Sales Up in July continued…)

In a recent article, David Larock shared with us some of the secrets and specialties of mortgage financial products. Some of his revelations are shocking, while some are reassuring. We’ll present you with an overview of David’s interesting article here.

The Eglinton Crosstown Light Rail Transit project, worth C$4.5 billion, is one of the biggest transit projects in the history Toronto that should significantly improve the transit service in the city. New, electric light rail vehicles will replace the inefficient …(Eglinton Crosstown Light Rail Transit continued…)

The pace of new home construction in Canada was surprisingly strong in the first half of 2011. This trend continued in June, when housing starts increased by 1.7 per cent to 197,400 annualized units, as reported by the Canada Mortgage …(The Pace of New Home Construction Will Slow Down continued…)