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August 2021 Resale Market Figures Released September 5, 2021 The Toronto Real Estate Board reported the third-best sales result on record for the month of August. While the market has taken its regular summer breather, it is clear that the demand for ownership housing remains strong. At the same time, the supply of listings is down. The result has been tighter market conditions and […] Read More
July 2021 Resale Market Statistics Released August 6, 2021 With almost 9,400 sales reported in July 2021, demand for ownership housing remained well-above average for the time of year despite being below the record July result set a year earlier. Market conditions actually tightened relative to July 2020, with sales accounting for a greater share of new listings compared to last year. The sellers’ […] Read More
Hidden Costs of Home Ownership July 21, 2021 Buying a home is one of the biggest purchases you will make in your lifetime. While the initial purchase of a home is a big cost, it is important to keep in mind the expected – and unexpected – costs of owning a home. From maintenance fixes and utilities, to insurance and emergency costs, it […] Read More
June 2021 Resale Market Statistics Released July 7, 2021 June home sales were up compared to last year, but remained below the March 2021 peak and were lower than the number of transactions reported for May 2021, consistent with the regular seasonal trend. The average selling price in June increased by double digits compared to last year as well, but the annual rate of […] Read More
How Much Does It Cost to Build a House in Canada (2021)? June 24, 2021 The cost of building a house in Canada Getting a loan for building a house Average time to build a house Ways of reducing costs when building a house Alternatives to custom-built homes The average cost to build a house in Canada ranges from $120 to $195 per square foot for a detached home. For many Canadians, the dream of […] Read More
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