Category Archives: Toronto Real Estate News

Toronto real estate news. Market updates, MLS statistics, financial indicators and economic predictions by Jamie Sarner and his team

November 2014 in Real Estate: A Good Time To Sell

November 2014 in Real Estate: A Good Time To Sell

Downtown Toronto by Alex Pierre

The year 2014 up to date is being termed a robust year for the real estate market in Toronto. In fact, it's the second largest year in terms of real estate sales to date. This is largely due to very friendly lending rates, which came back down and helped with …

Top Real Estate Bloggers in Canada Interviewed: Sara MacLennan

Top Real Estate Bloggers in Canada Interviewed: Sara MacLennan

Real estate in Canada is a fascinating business with lots of opportunities and future success stories waiting for those who have the knowledge of the market, the vigour, tenacity, flair and honesty that is required. Even that is often not enough in the 21st century. Being tech-savvy and open-minded is also a prerequisite for a …

Toronto Real Estate Report: 2014 Is a Banner Year

Toronto Real Estate Report: 2014 Is a Banner Year

Toronto Downtown by Andy Burgess

It's not nearly the end of the year, but we can already say that 2014 was a banner year for Toronto real estate. Houses and condos still remain affordable for the average person entering or re-entering the market. This situation probably won't last very long. The coming years might show …

Toronto Real Estate: Sellers’ Market Strengthens in August 2014

Toronto Real Estate: Sellers’ Market Strengthens in August 2014

Smog by Simon Carr

The real estate market continued its trend from earlier this year and is on a clear upward trajectory since the beginning of 2013. The sellers' market has been getting stronger last month, with the number of listings declining as the avid buyers increasingly put pressure on the market and sucked up …

Toronto Real Estate in July: Early Entries to the Fall Market

Toronto Real Estate in July: Early Entries to the Fall Market

BMO by Benson Kua

Every year, a natural slowdown occurs during the summer months in the real estate market in Toronto, but this year, the market has been incredibly steady. Sales are much better year-over-year, recording a 10 per cent increase and reaching 9,198 sales in the Greater Toronto Area. The prices are also holding …

Strong Growth Towards The Summer

Strong Growth Towards The Summer

glow by Kevin

The real estate market in June 2014 didn't slow down, although summer had already started. The latest figures from the Toronto Real Estate Board suggest continually strong increases in residential sales toward the summer.

The number of sales reported through the TorontoMLS system for the whole Greater Toronto Area (GTA) in June …

Rent Increase Guideline and Exempt Properties

Rent Increase Guideline and Exempt Properties

Landlords in Ontario are not allowed to increase rents however they please. Each year, the Government of Ontario announces a Rent Increase Guideline that sets a cap for rent increases. The allowable rent increase determined by the Ministry of Municipal Affairs and Housing from January 1,2014 and December 31, 2014, is 0.8 per cent. It …

Spring Market Accelerates and Prices Increase in May 2014

Spring Market Accelerates and Prices Increase in May 2014

Toronto Skyline by Graham

Last winter was both very long and very cold, delaying the spring's market acceleration. However, both buyers and sellers have entered the market, which has really taken off. Overall sales and the average selling price recorded through the TorontoMLS system grew strongly compared to May 2013.

 

We are now at …