Photo: James Bombales Each property type in the GTA’s housing market saw a significant price increase in the first quarter of 2015 over the same period in 2014. According to a new report from Royal LePage, the average price for a standard detached bungalow in the region rose 10.2 per cent, year-over-year, to $655,669. Not […]
toronto housing market
Price gap between houses and condos will continue to widen on “Island of Toronto” BMO
The Toronto housing market is headed for even more polarization according to BMO Economics’ latest weekly financial digest. Senior Economist Robert Kavcic believes detached houses will continue to be a hot commodity while condo prices could be in for “much more subdued growth, even stagnation for smaller units” by the end of the decade. […]
GTA home sales surge nearly 15 per cent in first half of February, 2015 TREB
The winter cold didn’t chill sales of existing homes in the GTA: the Toronto Real Estate Board (TREB) counted 3,120 transactions in the first two weeks of February, a 14.9 per cent jump over the same time in 2014. Prices also experienced double digit growth. In the first part of the month, the average sale […]
GTA’s decade-long boom masks growing problems within region’s housing market TD
Deteriorating affordability is impacting Greater Toronto Area (GTA) renters and homeowners alike and the region’s transit systems are proving to be woefully inadequate in accommodating the ongoing population explosions in both the 905 region and city core. These were two key points made in TD Economics’ new report on the effects of the long-lasting housing boom […]
Toronto housing market defies economic downturn, but potential trouble to come
Toronto housing market defies economic downturn, but potential trouble to come Thе economic unсеrtаіntу іnduсеd bу COVID-19 аnd its іmрасt оn job ѕесurіtу continues tо lооm lаrgе, but housing mаrkеtѕ іn Canada ѕееm tо have developed аn іmmunіtу tо the раndеmіс. Fоr example, thе hоuѕіng mаrkеtѕ іn Tоrоntо nо longer ѕhоw any […]