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Toronto home sales expected to slip, but average prices forecast to climb

Toronto home sales expected to slip, but average prices forecast to climb THE CANADIAN PRESS PUBLISHED JANUARY 30, 2018 Canada's largest real estate board predicted a slower year ahead for Toronto's housing market after it overheated in 2017 and sent home prices surging. In a preview of its annual forecast, the Toronto Real Estate Board said it expects home sales this year to slip to...

Toronto and Hamilton are the hottest housing markets in Canada

From  Toronto's real estate market can be a pretty scary place. Prices continue to rise, making home ownership a pipe dream for many of those who live in the city. The same holds true for Hamilton, which has witnessed tremendous growth. The Globe and Mail reports today that according to the Teranet-National Bank House Price Index, which tracks the changes in the residential housing...

Toronto needs a new wave of world-scale projects

“We need to do some big things.” Urban planner Joe Berridge is at it again and we should listen. One of the early catalysts who jerked Toronto out of inertia at the turn of the millennium says it’s time for a new wave of world-scale projects that grab global attention and inspire us at home. Toronto is nice, an ascending global power, but to stay on top, it has to feel the global...

Toronto-area home sales, average prices soar in August

A record number of homes were sold in the Greater Toronto Area last month as listings continued to dwindle, the city's real estate board said Wednesday. The Toronto Real Estate Board said its members had 9,813 sales in August, a 23.5 per cent increase from the same month last year, though there were two more working days this year. Still, even adjusting for an equal number of days, last month's sales...

The housing market that just won’t stop

Home sales in Monica Dawson’s Markham neighbourhood seem to unfold almost according to script. Whenever a For Sale sign pops up, cars clog the street for showings. Then a bidding war breaks out, ending with an eye-popping sale price. Ms. Dawson and her husband, who are in the midst of divorcing, recently crunched the numbers and decided to enter the fray. “We were like, ‘Maybe it’s time’ –...

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