Recent Posts
Buyers Re-Enter the Toronto Housing Market in February
March 14, 2024
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. Population growth and a resilient regional economy continued to support the overall demand for housing. Higher borrowing costs kept home sales below the February sales […]
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Tighter Market Conditions in January 2024 When Compared to the Previous Year
February 8, 2024
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 fixed rate mortgage products. New listings were also up year-over-year but by a lesser annual rate compared to sales. The resulting tighter market conditions when compared to […]
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Toronto Resale December and Year-End 2023 Statistics Released
January 21, 2024
While the overall demand for housing remained buoyed by record immigration in 2023, more of this demand was pointed at the rental market. The number of Toronto home sales in 2023 came in at less than 70,000 due to affordability issues brought about by high mortgage rates. High borrowing costs coupled with unrealistic federal mortgage […]
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Toronto’s Luxury Land Transfer Tax Takes Effect on January 1, 2024
December 31, 2023
In September 2023, the City Council of Toronto approved imposing a Luxury Land Transfer Tax, starting January 1, 2024. The City mentioned that the new Land Transfer Tax provisions will help alleviate the City’s existing financial difficulties. This is not an entirely new tax, however, it will result in a higher Land Transfer Tax for […]
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Happy Holidays from Casey Ragan
December 24, 2023
If you want to buy or sell a luxury home in Toronto, contact Casey Ragan at 416-486-5588 or by email at [email protected] Casey Ragan “Toronto’s Luxury Real Estate Authority” Toronto Luxury Homes Like Me on Facebook Follow Me on Twitter Link to Me on LinkedIn
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