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Halifax & Surrounding Area | Sutton City Realty Inc., Brokerage

luxury homes News and Articles | My Blog

Luxury home sales surge in parts of Canada as buyers flee expensive big cities

4/2/2024 | Posted in Luxury Real Estate by Paul DeAdder

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Luxury real estate sales have increased across the country in the first two months of the year but larger markets like Toronto are seeing less activity as some buyers look ... More


Foreign buyer ban significantly dragging down luxury market, report says

8/1/2023 | Posted in Luxury Real Estate by Paul DeAdder

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High-net-worth individuals are discouraged from investing in the Canadian housing market

... More


Luxury real estate markets in Canada saw divergent performance in the first half of 2023: report

7/20/2023 | Posted in Luxury Real Estate by Paul DeAdder

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The performance of Canada’s major luxury real estate markets diverged in the first half of 2023, as some cities experienced a surge in momentum while activity waned in ... More


Toronto Transfer Tax Hike Proposal On $3M Homes

3/25/2019 | Posted in Toronto Real Estate by Paul DeAdder

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A new proposal from a trio of councillors would expand city housing allowances to struggling households, paid for by new land transfer tax tier on homes worth $3 million and ... More


GTA luxury sales have stabilized says Sotheby's International

3/22/2019 | Posted in Luxury Real Estate by Paul DeAdder

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Canada’s luxury homes market is set for a boost from population growth and rising consumer confidence according to a new report.

... More


Luxury home sales fall in Toronto, Montreal and Calgary in 2018: Sotheby's

1/10/2019 | Posted in Luxury Real Estate by Paul DeAdder

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Sales of luxury properties fell in three of Canada's biggest cities last year as homebuyers retreated amid tightened mortgage guidelines and higher interest rates, ... More


Home sales over $4 million jump 34% in Toronto as luxury market 'runs full throttle'

9/28/2018 | Posted in Toronto Real Estate by Paul DeAdder

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Sales for $1 million or more in the Toronto region bounced back after a slowdown earlier this year, climbing 19 per cent in July and August from the same period in 2017, ... More


Toronto And Vancouver Top-Tier Housing Markets Headed In Opposite Directions

7/11/2018 | Posted in Luxury Real Estate by Paul DeAdder

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The top-tier housing markets in Toronto and Vancouver are headed in opposite directions, with fear driving Vancouver's market lower even as optimism returns to ... More


Luxury home prices "relatively resilient" despite lower sales in GTA and Greater Vancouver

5/14/2018 | Posted in Luxury Real Estate by Paul DeAdder

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Luxury home prices across Canada have remained “relatively resilient” this year so far despite lower sales in the Greater Toronto Area (GTA) and Greater Vancouver, ... More


Numbers for Toronto's luxury market released

4/6/2018 | Posted in Toronto Real Estate by Paul DeAdder

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The high-end of Toronto’s housing market is bearing the brunt of declines from last year’s dizzying growth, with prices falling and unit sales slumping by almost ... More


Luxury home sales in the GTA, Oakville and Hamilton-Burlington to return to more normal levels of activity in 2018

3/13/2018 | Posted in Ontario Real Estate by Paul DeAdder

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There has been a sharp drop in sales of luxury properties in the Toronto area, but real estate agents are optimistic of improvement. This is according to a report released ... More


Luxury living here to stay: Sotheby's

1/10/2018 | Posted in Luxury Real Estate by Paul DeAdder

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Coming off a strong showing in 2017, luxury real estate markets in Canada’s three largest cities will remain robust this year, according to Sotheby’s International ... More


Canada's 10 priciest neighbourhoods

10/26/2017 | Posted in Real Estate Market by Paul DeAdder

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A nationwide study by Century 21 reveals Canada's 10 priciest neighbourhoods.

... More


Canadian luxury markets to experience varied performances this fall

9/22/2017 | Posted in Real Estate Market by Paul DeAdder

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Vancouver and Toronto luxury property sales should accelerate this fall after a period of relative sluggishness, according to a new report from Sotheby’s International ... More


Toronto luxury market hits new record while Vancouver slumps

7/11/2017 | Posted in Real Estate Market by Paul DeAdder

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Sales of homes priced at $1 million or more were up sharply in the GTA in the first half of 2017 while Vancouver felt the impact of the foreign buyers’ tax.

... More


Toronto Luxury Sales Up Almost 75% In April

5/22/2017 | Posted in Toronto Real Estate by Paul DeAdder

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Toronto’s wealthiest families are showing confidence in the real estate market. Toronto Real Estate Board (TREB) stats show that luxury sales are booming. While sales are ... More


Toronto, Victoria are world's 'hottest' luxury real estate markets

5/11/2017 | Posted in Real Estate Market by Paul DeAdder

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Toronto and Victoria, B.C. are the world’s “hottest” markets for luxury homes as investors flock to Canada for its political and economic stability, according ... More


High-end Toronto market to continue exhibiting strong performance in 2017

1/13/2017 | Posted in Toronto Real Estate by Paul DeAdder

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As one of Canada’s most desirable markets, Toronto is projected to continue being a prime destination for would-be buyers of high-end real estate this year, according to ... More


Toronto set to lead luxury housing market in the fall: Sotheby

9/16/2016 | Posted in Real Estate Market by Paul DeAdder

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The sale of high-end homes is expected to be led by the Greater Toronto Area in the fall, with strong sales of homes above $1 million while those above $4 million will be ... More


Canada's luxury real estate gets pricier and pricier

5/16/2016 | Posted in Real Estate Market by Paul DeAdder

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It can be argued that no segment of the real estate market has been more affected by foreign buyer money than Canada’s luxury real estate market. Now a new survey ... More


GTA will lead luxury sales market

3/7/2016 | Posted in GTA Real Estate by Paul DeAdder

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The luxury sales market will be led by the Greater Toronto Area according to a report from Sotheby’s Canada. The realty firm says that limited inventory and strong demand ... More


Forget the $1 million Toronto home, it's the $5 million market that's on fire

2/2/2016 | Posted in Toronto Real Estate by Paul DeAdder

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A Toronto realtor says in a new study out Monday that $5 million home sales are taking off across the city, aided by international buyers.

... More


Luxury home sales driven by foreign buyers: Re/Max

9/2/2015 | Posted in Real Estate Market by Paul DeAdder

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Prices of luxury homes in Vancouver and Toronto are being driven higher by foreign buyers, according to Re/Max.

... More


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