Recent Posts
Toronto’s Luxury Land Transfer Tax Takes Effect on January 1, 2024
January 1, 2024
In September 2023, the City Council of Toronto approved imposing a “Luxury Land Transfer Tax,” starting January 1, 2024. In addition to other revenue methods, such as removing the cap on $5/hour street parking and requesting the provincial government to implement a municipal sales tax or receive a cut from the existing HST, the City […]
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Happy Holidays from Casey Ragan
December 25, 2023
If you want to buy or sell a Toronto condo or loft, contact Casey Ragan at 416-486-5588 or by email at casey@remaxhallmark.com Casey Ragan “Toronto’s Condo Authority” Toronto Condos and Lofts Like Me on Facebook Follow Me on Twitter Link to Me on LinkedIn
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November 2023 Toronto Resale Market Statistics
December 21, 2023
High borrowing costs and uncertain economic conditions continued to weigh on Toronto home sales in November 2023. Sales were down on a year-over-year basis, while listings were up from last year’s trough in supply. With more choice in the market, selling prices remained basically flat year-over-year. Inflation and elevated borrowing costs have taken their toll […]
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October 2023 Toronto Resale Market Report
November 10, 2023
Lack of affordability and uncertainty remained issues for many would-be home buyers in Toronto in October 2023. As a result, sales edged lower compared to last year. However, selling prices remained higher than last year’s levels. Record population growth and a relatively resilient Toronto economy have kept the overall demand for housing strong. However, more […]
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Toronto Condo and Loft 2023 Q3 Market Statistics Released
November 8, 2023
The Toronto condo and loft market became much more balanced over the past year. While Q3 2023 Toronto condo and loft sales were up year-over-year, growth in listings far outstripped growth in sales. The result was the average price edging lower providing some relief in the face of higher borrowing costs. There were 4,415 condo […]
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