Toronto-area builders say they are simply running out of low-rise homes to sell. While much of the focus in the country’s largest housing market has been on existing home sales, which saw a 16.2 per cent year-over-year increase in prices in April, new home values continue to show no sign of slowing down. This […]
Archives for May 2016
CMHC expects home building to slow, but prices to keep rising in 2016
Sales activity in both the existing and new home market is expected to slow down for the rest of this year in 2016 and into 2017, but price increases will continue, according to Canada Mortgage and Housing Corp. The Crown corporation, which advises the government on housing, says new home construction will range from […]
296 Russell Hill Rd, Toronto, Casa Loma, C02, For Sale – List Price $4,890,000
296 Russell Hill Rd, Toronto List Price: $4,890,000 Toronto, C02, Casa Loma Dir/Cross St: Avenue Rd / St Clair Ave W Detached, 2-Storey Lot: 50 x 178 Feet Bedrooms: 4 + 2 Washrooms: 6 Garage: Built-In / 2 Park Spaces: 6 Taxes: $26,712.39 / 2015 Description: Prime Location Luxury Forest Hill Masterpiece […]
Real estate agents believe more foreign buyers snapping up luxury properties – survey
About a quarter of real estate advisors across Canada suspect that at least 25 per cent of luxury properties in their market have been snapped up by foreign buyers, according to a new survey. While some real-estate observers have levelled blame for this country’s hot housing market at an influx of foreign cash, there […]
Toronto saw big growth in luxury real estate market in 2015
Toronto saw a big spike in growth in its luxury real estate market in 2015, according to a new report released by Christie’s International Real Estate today. In a news release issued Thursday, Christie’s Canadian affiliate Chestnut Park Real Estate, said Auckland, New Zealand took the top spot for most growth in luxury […]