TORONTO — A new report suggests the red hot real estate markets in Vancouver and Toronto are discouraging some potential sellers from listing their homes because they’re afraid of becoming buyers themselves. The spring market trends report by real estate firm Re/Max on Thursday says while homeowners in those cities know their homes will […]
Archives for April 2016
Toronto, Vancouver Face Housing Shortage Amid Warning Price Boom May ‘End Badly’
This is pretty much the last thing new home buyers in Toronto and Vancouver needed to hear. Toronto and Vancouver, Canada’s two hottest housing markets, are experiencing a shortage of homes coming onto the market, National Bank Financial notes in a new report. The supply of homes listed for sale in those two cities […]
Poor people more likely to have shorter lifespans – Health Quality Ontario warns
TORONTO — Health Quality Ontario issued a report Wednesday showing that the poorer people are, the more likely they are to have shorter lifespans and to suffer from multiple chronic conditions. The report found men living in the poorest neighbourhoods die, on average, more than four years earlier than the men in rich areas, […]
New Detached Toronto Home Is Over $1 Million In Average Price
The average price of new detached homes in the Greater Toronto Area (GTA) has surpassed $1 million for the first time, says a Building Industry and Land Development Association (BILD) report. According to Altus Group data, as of March 31 the average price of new detached homes available for sale in the GTA was $1,045,659. […]
Toronto House Hunters Fear Being Priced Out Of Market – Survey
Toronto real estate market is more competitive than ever, with home prices continuing to rise in major cities. In fact, a recent TD survey found 19% of new homeowners in cities such as Vancouver and Toronto listed their fear of being priced out of the market as a top consideration before making buying their […]