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Canadian Luxury Real Estate Markets Are Thriving June 19, 2021 The Canadian luxury real estate market has captured the attention of wealthy homebuyers, investors, and public policymakers. As the broader Canadian housing sector balloons to levels unseen in decades, the luxury real estate industry is popping, too. And the government wants a slice of the pie. In Toronto, for example, lawmakers are proposing a luxury home tax on properties […] Read More
May 2021 Resale Market Statistics Released June 13, 2021 Residential transactions reported remained high in May 2021, but fell short of the 2016 record and were below this year’s March peak. Despite a slight ebb in sales over the last two months, market conditions remained tight enough to push the average selling price to an all-time record in May. TRREB reported 11,951 sales in […] Read More
Renovations That Pay Off on Resale May 30, 2021 If you’re planning to do some home renovations that pay off on the resale market, you’re not alone. Renovations are the premise behind many successful house-flipping careers, and a great way for homebuyers to get into their dream home, in a good location, at a lower price. Meanwhile for home sellers, the right renovations can yield […] Read More
April 2021 Resale Statistics Released May 6, 2021 Home sales in Toronto set a new record for April and amounted to more than quadruple that from April 2020 – the first full month of the pandemic. Bucking the regular seasonal trend, April 2021 sales actually declined month-over-month. A similar trend was noted for the number of new listings reported. The Toronto Regional Real […] Read More
March 2021 Resale Market Statistics Released April 7, 2021 For the third straight month of 2021, record home sales continued in March in Toronto with buyers taking advantage of favourable borrowing costs and continued improvement in many sectors of the economy. The Toronto Regional Real Estate Board reported 15,652 sales in March 2021 – close to double that of March 2020. While sales were […] Read More
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