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 ...
Toronto condo and loft sales, new listings and home prices were up in July 2023 in comparison to July 2022. On a seasonally adjusted basis, the market experienced more balance in July compared to June, with sales trending lower while new listin...
Toronto condo and loft sales and the average selling price in the Toronto Condo and Loft Market in June 2023 remained above last year’s levels. Seasonally adjusted sales dipped on a month-over-month basis. The seasonally adjusted average sell...
Toronto is Canada’s most desirable place to live.
North America’s fourth-largest city always has plenty of immigrants coming to Canada every year, to plant new roots in the provincial capital.
But while Toronto is perhaps one of the g...
The Toronto condo and loft market continued to improve from a sales perspective in May 2023. Unfortunately, the supply of units for sale did not keep up with demand. Sales as a share of new listings were up dramatically compared to a year ago. ...
The Toronto condo and loft market continued to tighten in April 2023. On a year-over-year basis, sales edged lower compared to April 2022, but new listings were down by more than one-third. Fewer listings relative to sales meant there was more ...
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 an...
LUXURY REAL ESTATE SALES CLIMB AS PENT-UP DEMAND BUOYS ACTIVITY
Limited inventory has placed upward pressure on values and prompted a new round of competitive offers on well-priced homes in desirable areas
Heated home-bu...
Toronto condo and loft market conditions tightened in March 2023. Sales accounted for an increased share of listings in comparison to March 2022, suggesting that competition between buyers is on the rise. The average sale price was above the av...
February sales in Toronto were down substantially from the pre-rate hike levels of early 2022. However, the number of new listings also dropped substantially year-over-year. The result was that the average selling price and MLS® HPI continued ...