HOW TORONTO’S GROWING TECH INDUSTRY IS AFFECTING THE COMMERCIAL REAL ESTATE MARKET

By |August 14th, 2018|Toronto Central, Toronto Market|

With the recent boom in the tech and e-commerce sectors, the demand for commercial real estate in Toronto is as hot as a new iPhone launch. Toronto’s future as a major tech hub is a reality, but what does this mean for the commercial real estate market?

TORONTO’S REAL ESTATE MARKET REPORT: JULY

By |August 9th, 2018|Financial, Neighborhood, Toronto Central, Toronto Condos, Toronto East End, Toronto Houses, Toronto Market, Toronto West End|

Showing signs of continued strength in July the Toronto real estate market sales are up 18.6%, listings are down 1.8%, average home price is up 4.8% year-over-year. Check out your local neighbourhood stats.

HOW CANADA’S STRESS TEST IS AFFECTING HOMEBUYERS AND HOMEOWNERS

By |July 17th, 2018|Buying, First-Time Buyer, Governments, Toronto Market|

Under these new guidelines, which have themselves changed over the last six months, the stress test has homebuyers qualifying for a mortgage at a rate of 5.34% or 2% higher than the negotiated rate (whichever is larger).

HOW TORONTO’S HOMEOWNERSHIP RATE COMPARES TO OTHER MAJOR CITIES

By |July 6th, 2018|Buying, Toronto Market|

Toronto is Canada’s largest city but compared to the U.S. our rate of home ownership is still much higher than their best performer. Read on to find out more about renting vs owning in Toronto’s real estate market.

TORONTOS REAL ESTATE MARKET REPORT: JUNE

By |July 6th, 2018|Neighborhood, Toronto Central, Toronto Condos, Toronto East End, Toronto Houses, Toronto Market, Toronto West End|

Even amongst low inventory the Toronto real estate market rebounds and it’s the biggest monthly gain since 2004. Find out what neighbourhoods are driving these increases…

TORONTO’S REAL ESTATE MARKET STATS: MAY

By |June 12th, 2018|Financial, Toronto Central, Toronto Condos, Toronto East End, Toronto Houses, Toronto Market, Toronto West End|

26.2% less inventory has led to slower sales and increased competition in May’s Toronto real estate market. Smallest sales decrease in the last three months indicates TREB’s predictions for a stronger second half of the year may be correct.

MOVING TO CANADA: WHAT INTERNATIONAL BUYERS NEED TO KNOW

By |May 15th, 2018|Buying, Financial, Governments, Toronto Market|

Among the many beautiful cities in Canada, Toronto is one of the most desirable destinations for foreigners. If you’ve been thinking about moving to Canada, here are a few things you should know before buying your home in Toronto.

REALTOR.CA VERSUS A REALTOR

By |May 10th, 2018|Buying, Featured Buying, First-Time Buyer, Real Estate Tips, Toronto Market|

Realtor.ca is the perfect search tool if you’re a passive browser, but if you’re a serious buyer it can leave you locked out of what could have been your dream home come true. We discuss exactly when you should be using their search tool.

TORONTO’S REAL ESTATE MARKET REPORT: APRIL

By |May 4th, 2018|Financial, Toronto Market|

Toronto’s average sale prices remain well above 2016 levels but a number of municipalities are still down from 2017’s peak market. If you are thinking about buying this year, the time is now as TREB predicts continued, gradual price growth on the horizon.

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