In 2016, seven (7) years into a Canadian housing boom that many have warned will end in a bust, there are signs of a sales slowdown in Toronto and Vancouver, the two hottest cities, with some economists and real estate agents saying the peak has passed. A cooling of sales activity in Toronto and […]
Toronto Seller Posts
Buyer’s gridlock – Why Toronto homeowners struggle to ‘trade up’
The idea of a starter home may be a thing of the past in Toronto and Vancouver, as an increasing number of homeowners looking to “trade up” are finding themselves priced out of the market, according to a new report from the TD Bank Group. Chief Economist Beata Caranci says homeowners in Canada’s two […]
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 […]
Why Canadians Don’t Want To Sell Their Homes – Real Estate Report Reveals
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 […]
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 […]
