Home sales in Canada’s largest city slowed down for the third month in a row, according to numbers released from the Toronto Real Estate Board. That came as new listing increased nearly 16 per cent, and as active listings surged over the year before. The median residence price still went up 6.3 per cent […]
toronto real estate
Toronto’s housing market declines in May, 2017, is it better
After a long period of remarkable home sales and home price growth, the Toronto Real Estate Board( TREB) reported that the Greater Toronto Area’s housing market posted the first of this year’s decline in May, 2017, in a market that’s been hot for at least the last two years. But will this be a […]
Cooling Toronto housing market could be a return to normal, state realtors
It could also be the barely disguised frustration of sellers, who listed their homes this spring expecting to attract cut-throat bids from desperate, over-extended purchasers. Instead they are seeing fewer showings and fewer offers. Toronto area home prices dipped about 7 per cent in May, 2017 compared to April, 2017 but remained about […]
Toronto house prices dip in May, 2017 but tight supply keeps prices up
Toronto region home prices dipped slightly from April to May — down $55,604 on average — but were still 15 per cent higher than May 2016, as the supply of resale house and condo listings rose 43 per cent of the same time over year. The average house price last month was $863,910 — […]
Toronto area home sales drop in May, 2017 after cooling measures
House sales fell 26 per cent in the Toronto region in May, 2017 following the Ontario government’s introduction of a foreign-buyer’s tax as many potential purchasers stepped back and waited to assess the market condotion. In the 30 days after the province of Ontario announced the immediate introduction of a 15 -per-cent foreign-buyer’s excise on […]
