Posts Tagged ‘luxury houses toronto’
Toronto Resale December and Year-End 2023 Statistics Released
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 a...
Toronto’s Luxury Land Transfer Tax Takes Effect on January 1, 2024
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...
Happy Holidays from Casey Ragan
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 ...
November 2023 Toronto Resale Market Statistics
High borrowing costs and uncertain economic conditions continued to weigh on Toronto home sales in November 2023. Sales were down on a year-over-year basis, while listings were up from last year’s trough in supply. With more choice in the mar...
The Benefits of Selling a Home in the Winter
Many people assume that selling a home in the winter is not the most ideal, but this perspective overlooks the unique opportunities that the season can bring. Far from being a liability, the winter months offer specific market dynamics that can...
Canadian and Toronto Luxury Real Estate Fall 2023 Report
As Canada's housing market continued to wrestle with the challenges of elevated mortgage rates, uneven economic performance and intense geopolitical turbulence, reviving luxury single family home sales in the third quarter of the year revealed ...
Toronto Luxury Home August Resale Statistics Released
Higher borrowing costs, continued uncertainty about the economy and Bank of Canada decision making, and the constrained supply of listings resulted in fewer home sales in August 2023 compared to August 2022. The average selling price remained v...
Interest Rate Hikes Off The Table With Weak Q2 GDP Growth In Canada
Here is some positive news in the mortgage world that will be well received (especially for the variable rate mortgage holders). Rate Hikes Are Definitely Off The Table The Canadian economy weakened surprisingly more in th...