Recent Posts
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 […]
Read More
September 2023 Toronto Condo and Loft Resale Report
October 10, 2023
The impact of high borrowing costs, high inflation, uncertainty surrounding future Bank of Canada decisions and slower economic growth continued to weigh on Toronto condo and loft sales in September. However, despite the market being better-supplied with listings, the average selling price was up year-over-year. The short and medium-term outlooks for the Toronto condo and […]
Read More
Toronto Condo and Loft August Resale Statistics Released
September 13, 2023
Higher borrowing costs, continued uncertainty about the economy and Bank of Canada decision making, and the constrained supply of listings resulted in fewer Toronto condo and loft sales in August 2023 compared to August 2022. The average selling price remained virtually unchanged over the same period. On a seasonally adjusted monthly basis, sales and average […]
Read More
Interest Rate Hikes Off The Table With Weak Q2 GDP Growth In Canada
September 5, 2023
Here is some positive news in the mortgage world that will be well received (especially for the variable rate mortgage holders). Rate Hikes Are Definitely Off The Table The Canadian economy weakened surprisingly more in the second quarter than the market and the Bank of Canada expected. Real GDP edged downward by a 0.2% annual […]
Read More
Q1 2023 Condo Market Statistics Released
April 29, 2023
In line with the general market trends, Toronto condo and loft sales and the average selling price were lower in the first quarter of 2023 compared to the same period in 2022. However, strong population growth, tight rental market conditions and improved first-time buying intentions will result in renewed growth in condo sales moving forward. […]
Read More
Categories
communitiesDowntown Toronto CondosFirst-Time BuyersHome RenovationsInterior DesignInvesting in Real EstateLatest NewsLuxury CondosMarket ReportsMidtown Toronto CondosMortgagesNew Toronto CondosNew Toronto LoftsReal Estate TipsToronto Condo BuyersToronto Condo InformationToronto Condo ListingsToronto Condo Market NewsToronto Condo NewsToronto Condo SellersToronto Real Estate News