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2017 Toronto Real Estate Market Forecast

January 10, 2017 Source: Toronto Real Estate Board Q3 Many forecasters or pundits get bogged down in irrelevant statistics. Past experience has shown that the view from ‘the street’ has been more accurate than the ‘view from the executive floor’. In real estate, lower sales do not automatically translate into lower prices. And the average...... Read More

Home sales rebounded in December following large drop in November: CREA

by The Canadian Press16 Jan 2017   CMHC announced early Tuesday it is increasing its loan insurance premiums effective March 17 On a year-over-year basis, CREA says home sales were down five per cent last month compared to December 2015. Annually, the number of homes that changed hands was up 6.3 per cent last year...... Read More

Toronto Housing Crash in 2017?

Buy or Sell? What Factors Support a Toronto Housing Crash in 2017? November 24, 2016 ♦ Gord Collins ♦ real estate ♦ No Comments on Buy or Sell? What Factors Support a Toronto Housing Crash in 2017? Canada’s real estate market expected to cool further in 2017 Some experts are calling for a housing crash...... Read More

Resale Housing Forecast,increases in mortgage interest rates in the New Year

CREA Updates Resale Housing Forecast Ottawa, ON, December 15, 2016 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations in 2016 and 2017. Canadian housing market trends have evolved largely as expected since CREA last...... Read More

Home buying activity remained strong across all market segments in November

MARKET WATCH Tight Market Conditions in November December 2, 2016 — Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 8,547 home sales through TREB’s MLS® System in November 2016. This result represented a 16.5 per cent increase compared to November 2015. For the TREB market area as a whole,...... Read More

CONCERNS OVER PROPOSED CHANGES TO TORONTO LTT

  TREB RAISING CONCERNS OVER PROPOSED CHANGES TO TORONTO LTT THAT WILL INCREASE COSTS FOR ALL TORONTO HOME BUYERS TORONTO, November 25, 2016 — The Toronto Real Estate Board is raising concerns over proposed Toronto Land Transfer Tax changes. These proposed changes will increase costs for all Toronto home buyers, but impact first-time buyers the...... Read More

Four major changes to Canada’s housing rules

Four major changes to Canada’s housing rules Attention First Time Buyers or the Buyers that already purchased from a builder and need a mortgage to close the deal. If the following new rules affecting and damaging your ability to be a homeowner, then send a letter to Justin  Trudeau: Justin Trudeau – Leader of the...... Read More

GTA REALTORS® RELEASE MONTHLY RESALE HOUSING MARKET FIGURES

TORONTO, August 4, 2016 — Toronto Real Estate Board President Larry Cerqua announced that TREB REALTOR® Members reported 9,989 home sales through TREB’s MLS® System in July 2016. At just shy of 10,000 transactions, this was the best result on record for the month of July. While sales were up on a year-over-year basis, the...... Read More

Traffic slows down and home prices going up

Changes to the Growth Plan mean fewer home choices and higher prices for Ontarians By Sam Reiss | on May 17, 2016 | The Proposed Growth Plan for the Greater Golden Horseshoe, 2016, alongside the Greenbelt Plan, Oak Ridges Moraine Conservation Plan and Niagara Escarpment Plan, is designed to manage growth and the protection of...... Read More

Toronto, Vancouver Housing Markets Have ‘Topped Out’: Real Estate Association

Toronto, Vancouver Housing Markets Have ‘Topped Out’: Real Estate Association   The Huffington Post Canada  |  By Daniel Tencer Posted: 05/16/2016 1:17 pm EDT Updated: 05/16/2016 2:00 pm EDT The wild ride in the Toronto and Vancouver housing markets may be over. Either that, or it’s taking a breather right in the middle of the...... Read More
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