Fourth quarter 2023 condominium apartment sales in the Greater Toronto Area (GTA) remained low historically, as the demand for ownership housing continued to be hampered by affordability concerns brought about by high borrowing costs. Buyers wh...
While the overall demand for housing remained buoyed by record immigration in 2023, more of this demand was pointed at the rental market. The number of Toronto home sales in 2023 came in at less than 70,000 due to affordability issues brought a...
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 ...
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
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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 mar...
Relocating to a big city like Toronto can be a brand-new experience for some people and a nerve-wracking challenge for many. Here are some things that can make your big move more manageable.
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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.
Reco...
Welcome to the recently renovated Clock Tower Lofts, one of Toronto's best and finest authentic hard loft conversions, with soaring 11.5' ceilings, exposed HVAC and warehouse sliding bedroom doors, completed renovated and upgraded, new queen-si...
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-sup...
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 sellin...