Recent Posts
Toronto Housing Market NOT in a Bubble, Says Bank of Canada
March 3, 2022
The Toronto housing market has been sizzling during the pandemic housing boom. Despite a tepid slowdown in the first couple of months of the COVID-19 public health crisis, Toronto has been soaring ever since. The word “bubble” has been widely used by the media when reporting on the red-hot Canadian real estate market. This is […]
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January Resale Market Stats Released
February 6, 2022
Demand for ownership housing remained very strong from a historic perspective in January 2022. At the same time, listings remained in short supply, resulting in tight market conditions and very strong year-over-year price growth. There were 5,636 sales reported by the Toronto Real Estate Board in January 2022 – down by 18.2% compared to 6,888 […]
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Canadian Luxury Real Estate Sales Double, Triple in Some Markets
January 29, 2022
Pandemic accelerated value of home ownership at luxury price points to new heights in major Canadian centres in 2021 Demand for Canadian luxury real estate shifted into high-gear from coast to coast in 2021 as both domestic and non-resident consumption of tangible assets, such as homes, reached new levels, according to a report released today […]
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Have Home Goals? 5 New Year’s Resolutions for Toronto Luxury Homebuyers
January 15, 2022
If Toronto luxury home buying is on your to-do list in the future, there are some tasks to tackle before you start shopping. Admittedly, many of these New Year’s Resolutions relate to finances (as they often do) and rightly so. A home is the biggest investment most of us will make in our lifetime. To […]
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December 2021 Resale Market Stats Released
January 9, 2022
A record 121,712 sales were reported by the Toronto Real Estate Board – up 7.7% from the previous 2016 high of 113,040 and up 28% compared to 2020. Record demand last year was up against a constrained supply of listings, with new listings up by 6.2% – a lesser annual rate than sales. The result […]
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