toronto living News and Articles | My Blog
Selling Prices Up In March and Set to Accelerate This Spring
4/3/2024 | Posted in GTA Real Estate by Paul DeAdder
Greater Toronto Area (GTA) REALTORS® reported 6,560 sales through TRREB’s MLS® System in March 2024 – down by 4.5 per cent compared to March 2023.
... MoreTRREB: Buyers Re-Enter the GTA Housing Market in February
3/5/2024 | Posted in GTA Real Estate by Paul DeAdder
Greater Toronto Area (GTA) home sales and new listings were up on an annual and monthly basis in February 2024. Selling prices also edged upward compared to a year earlier. ... More
Toronto home sales up in February from last year as consumers eye rate cuts: TRREB
3/5/2024 | Posted in GTA News by Paul DeAdder
Greater Toronto home sales and listings were up in February from last year, but adjusted sales were down from a month earlier, the region's real estate board said ... More
Toronto home prices up 42 per cent over last five years, cost of living up 17 per cent: report
2/29/2024 | Posted in Canada Living by Paul DeAdder
The cost of living in Toronto went up nearly 20 per cent between 2017 and 2022 – but that’s less than half the increase seen in the city’s housing prices over ... More
GTA REALTORS® Release January 2024 Stats
2/6/2024 | Posted in GTA Real Estate by Paul DeAdder
Home sales were up in January 2024 in comparison to January 2023. This annual increase came as some homebuyers started to benefit from lower borrowing costs associated with ... More
TRREB Releases 2023 Q4 Rental Market Statistics
1/31/2024 | Posted in Rental Market by Paul DeAdder
Condominium apartment leasing activity continued to be strong in the fourth quarter of 2023 according to the latest data released by TRREB. The number of lease transactions ... More
Asking rents jump 8.6% in December to hit record $2,178 on average: report
1/16/2024 | Posted in Rental Market by Paul DeAdder
A new report says the average asking price in December for a rental unit in Canada was a record $2,178 per month, relatively flat from the previous month but marked an 8.6 per ... More
Here is what may be in store for Toronto's housing market in 2024
1/3/2024 | Posted in Toronto Real Estate by Paul DeAdder
If history is any guide, once people buy into the notion that interest rates are going to be declining, you will start to see noticeable movement back into the market… ... More
Elevated Borrowing Costs Taking a Toll on Housing Affordability
12/5/2023 | Posted in GTA Real Estate by Paul DeAdder
High borrowing costs and uncertain economic conditions continued to weigh on Greater Toronto Area (GTA) home sales in November 2023. Sales were down on a year-over-year basis, ... More
Council votes to permit multiplexes in all Toronto neighbourhoods
9/19/2023 | Posted in Toronto Real Estate by Paul DeAdder
Multiplexes will now be permitted to be built across Toronto after being approved by councillors on Wednesday in a bid to create more housing options.
... MoreToronto housing market would stay unaffordable even in deep recession: report
9/5/2023 | Posted in Toronto Real Estate by Paul DeAdder
Housing affordability in Toronto would remain strained even in the event of a deep economic recession, a new Desjardins analysis has found, highlighting the challenge ahead in ... More
Detached home prices declined in all but four of Toronto's neighbourhoods last quarter: report
8/22/2023 | Posted in GTA Real Estate by Paul DeAdder
Fuelled by a drop in prices, there was a “short burst of home-buying activity” in the Greater Toronto Area (GTA) during this year’s second quarter, but it was ... More
Strengthening Demand and Lack Of Housing Supply Pushes Up Prices In The GTA
6/2/2023 | Posted in GTA Real Estate by Paul DeAdder
The Greater Toronto Area (GTA) housing market continued to improve from a sales perspective in May 2023.
... MoreToronto announces 60-day grace period for tax, utility bill payments
3/20/2020 | Posted in Toronto News by Paul DeAdder
The City of Toronto is waiving all penalties on late property tax and other bill payments for the next two months in response to the unprecedented economic impact of the ... More
Toronto House Prices Jump By $130,000 In A Year
3/6/2020 | Posted in Toronto Real Estate by Paul DeAdder
Toronto House Prices Jump By $130,000 In A Year As Industry Calls For 'Shovels In The Ground'. And now the Bank of Canada is putting "kerosene on the fire" ... More
Is Toronto in a housing bubble?
2/26/2020 | Posted in Toronto Real Estate by Paul DeAdder
Around four in five Canadians in Toronto perceive the city to be in a housing bubble, according to the latest study by Zillow and Ipsos.
... More2/13/2020 | Posted in Toronto Real Estate by Paul DeAdder
Toronto housing price surge resembles sky-high gains of 2016.
... More2/7/2020 | Posted in Toronto News by Paul DeAdder
The population of the Toronto area will hit 8 million in the next 10 years. It's make or break time? Are we ready?
... MoreInitiative to increase tax rebate for first-time buyers in Toronto
1/27/2020 | Posted in Toronto Real Estate by Paul DeAdder
Two city councillors are pushing for a rethink of Toronto's municipal land transfer tax rebate for first-time home buyers, suggesting the cap should be increased to match ... More
Toronto is among the 10 most valuable city brands in the world
1/2/2020 | Posted in Toronto News by Paul DeAdder
Having a strong brand is vital for successful businesses but for cities it can enhance everything from investment to immigration.
... MoreRobust market fundamentals driving Toronto's high-end housing segment
11/12/2019 | Posted in Toronto Real Estate by Paul DeAdder
Toronto’s luxury housing sector has enjoyed a marked upswing in activity this year, according to a new analysis by RE/MAX.
... MoreToronto's rent rate growth has markedly decelerated during Q3 2019
10/21/2019 | Posted in Toronto Real Estate by Paul DeAdder
At present, Toronto is far more hospitable to renters than buyers, with the average surveyed rent for recently leased units increasing at the slowest rate in two years.
... MoreTREB Releases September Market Figures As Reported By GTA Realtors
10/3/2019 | Posted in GTA Real Estate by Paul DeAdder
Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,825 sales through TREB's MLS® System in September 2019. ... More
Investment in Toronto residential property remains a winning prospect
9/17/2019 | Posted in Toronto Real Estate by Paul DeAdder
Amid newfound momentum due to an upward trend in detached home sales, Toronto remains probably the best real estate investment destination in Canada, according to RE/MAX.
... MoreToronto is one of the most desirable cities among Gen Z-ers
9/16/2019 | Posted in Toronto News by Paul DeAdder
Toronto has been found to be one of the world’s best cities in terms of digital infrastructure, health care, and education.
... MoreCalgary, Vancouver, Toronto remain among world's most liveable cities
9/5/2019 | Posted in Most Livable by Paul DeAdder
The Economist Intelligence Unit (EIU) unveiled its 2019 Global Liveability Index on Tuesday, listing the top 10 most livable cities in the world.
... MoreTREB Releases August Market Figures
9/5/2019 | Posted in GTA Real Estate by Paul DeAdder
Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,711 residential sales through TREB’s MLS® System in ... More
Toronto tops survey of country's most popular city to move to
7/19/2019 | Posted in Toronto Real Estate by Paul DeAdder
Toronto has been ranked as Canada’s most attractive city to move to, according to a survey from finance planning website Finder.com.
... MoreToronto is still the number 1 Canadian migration city
7/9/2019 | Posted in Toronto News by Paul DeAdder
U-Haul’s annual migration trends report for 2018 shows more people are moving to Toronto.
... MoreToronto condo apartment rentals up 15% in June
7/5/2019 | Posted in Rental Market by Paul DeAdder
The strength of the economy and labour market in the Greater Toronto Area is boosting rental activity.
... More