…it would seem that Toronto’s real estate market and especially its condominium segment have a positive outlook for the short-term, at the very least, if not for the foreseeable future, with some gyrations along the way, undoubtedly. Continue reading TORONTO CONDO MARKET NEWS
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“…Greater Toronto Area REALTORS® reported 4,581 home sales through TRREB’s MLS® System in January 2020 – up by 15.4 per cent compared to January 2019. On a preliminary seasonally adjusted basis, sales were up by 4.8 per cent compared to December 2019.” Continue reading SETTING RECORDS
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According to recent market data, it seems that the domination enjoyed by condos has started to ease and detached homes have once again begun to rally not in terms of sales, but also in terms of rising prices. Continue reading THE RETURN
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“The condominium apartment rental market also remained quite tight in the second quarter, with average rents for one-bedroom and two-bedroom apartments increasing above the rate of inflation on a year-over-year basis. However, we have seen an acceleration in the number of units listed for rent, which has provided renters with more choice in the market place and has coincided with a slower pace of average rent growth over the past year,” said Jason Mercer, TREB’s Chief Market Analyst. Continue reading TORONTO REAL ESTATE BOARD’s CONDO REPORT for 2nd Quarter 2019
Another week’s round-up of real estate news! What is decidedly absent, or at least minimal, this week over last, is the amount of doomsday predictions and the sky is falling prognostications. Continue reading ALL ABOUT TORONTO AND TORONTO REAL ESTATE IN THE NEWS
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“Shopping for a mortgage can be overwhelming so the more information you have, the better your experience. We’ve expanded our survey to give us greater detail on what Canadians want when looking for a mortgage and how they go about the process.We also now have more insight into important groups like millennials and first time buyers. Ultimately, our hope is to help Canadians get the most out of the mortgage shopping experience.” Continue reading CMHC’s 2018 MORTGAGE CONSUMER SURVEY: The largest and most comprehensive survey of its kind in Canada
GENWORTH CANADA is… We Are Canada’s Largest Private Mortgage Insurer With A History Dating Back To 1995. Genworth MI Canada Inc. (TSX: MIC) through its subsidiary, Genworth Financial Mortgage Insurance Company Canada (Genworth Canada), is the largest private residential mortgage insurer in Canada. The Company provides mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time homebuyers. Genworth Canada differentiates itself … Continue reading GENWORTH CANADA: “Making Homeownership Easier”
April 4 2018 — Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 7,228 residential transactions through TREB’s MLS® System in March 2018. This result was down by 39.5 per cent compared to a record 11,954 sales reported in March 2017 and down 17.6 per cent relative to average March sales for the previous 10 years. The number of new listings … Continue reading THE TORONTO REAL ESTATE BOARD RELEASES MARCH 2018 SALES STATS
TREB’s MARKET WATCH offers up a mixed bag of good and bad statistical results for the month of January 2018. Continue reading TORONTO’S REAL ESTATE MARKET STILL IN FLUX
