In the face of a series of recent reports of houses selling for hundreds of thousands of dollars over their asking prices, I thought it a good time to look at why all the gloom-mongers have been wrong, and why they may still be wrong. At least for a while yet. Average house price in Canada up […]
toronto home selling
Toronto Home Sales On Pace for Record Year in 2015
Toronto’s real estate board has reported a record number of house and condo sales in July and says the Greater Toronto Area (GTA) is on pace to set a new record for home sales this year in 2015. Almost 9,900 homes changed hands in the GTA last month, up eight per cent from the same […]
Canada’s Luxury Home Market Running Hot And Cold
Canada’s luxury home market is either hot or cold — depending on where you live. A biannual study of luxury homes — those worth more than $1 million — in four of Canada’s largest cities found two very different results. While luxury real estate is going gangbusters in the markets of Toronto and Vancouver, million-dollar home sales in Calgary […]
Toronto average house price jumps to $1.052 million
toront CHRIS SO / TORONTO STAR FILE PHOTO High-end home sales continue to inflate the Toronto real estate market, the June report says. This Rosedale house was on the market in April. By: Susan Pigg Business Reporter, Published on Tue Jul 07 2015 Even concerns that Canada is on the verge of a recession did […]
