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 […]
real estate spring market
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 […]
Housing Too Hot In Toronto, Vancouver In April, 2016
In Toronto and Vancouver, home prices are soaring and continuing to raise the bar on home ownership, says the latest Housing Trends and Affordability Report issued by RBC Economics Research. “There are few signs that housing affordability is problematic elsewhere in Canada,” says Craig Wright, RBC chief economist. “Homes in other markets remain affordable, with the situation […]
Toronto, Vancouver slow down in March, 2016 but Canadian home sales hit record – CREA
TORONTO — A record number of homes were sold across the country in March, although the Vancouver and Toronto markets saw sales declines from the previous month, the Canadian Real Estate Association said Friday. March was the first full month for new federal mortgage rules primarily aimed at reducing buyers’ appetite for expensive properties […]
GTA real estate market on pace for another year of record-breaking sales in 2016
Toronto real estate agent Ms Davis just closed a “bully offer” for $300,000 over a $2.65 million listing price, a type of deal she’s making more often in the busiest market.. The increasingly competitive Greater Toronto Area real estate market is on pace for another year of record-breaking sales and double-digit price growth as buyers […]
