Category: Uncategorized
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There are now more homes for sale in Toronto than there have been in over a decade
Toronto's housing market is facing a crisis with plummeting sales and a surge in inventory, leading to properties staying on the market longer. Royal LePage reports the highest number of homes for sale in a decade, indicating an affordable supply issue. Despite high prices, few are buying, causing developers to halt projects. The average home…
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Markham Market Update | Watch Today’s Real Estate Updates & Tips
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GTA Home Sales Decline Despite Rate Cut | Watch Today’s Real Estate Updates & Tips
June home sales in GTA ↓ 16.4% yearly, with 6,213 homes sold. Avg selling price in the GTA ↓ 1.6% yearly to $1,162,167.
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GTA Housing Market Cools Down: Average Prices Dip | Watch Today’s Real Estate Updates & Tips
Avg price for detached homes: $1.5M in May, ↓ 3.2% yearly Avg price for Semi-detached homes: $1.17M in May, ↓ 2% yearly
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GTA Housing: Overbidding Trends Decline to 36% | Watch Today’s Real Estate Updates & Tips
~60% of GTA neighbourhoods were in underbidding territory in May, with 4% of homes selling for asking price.For single-family homes and townhouses, 53% of GTA neighbourhoods were in overbidding territory last month.
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The price has reduced for this Listing, check it out Listing Address: 2409 – 501 YONGE STREET
Welcome to Teahouse condos located in the heart of downtown. This Corner large 2 bedroom+Den corner unit features 2 full bathrooms, floor-to-ceiling windows, and two expansive balconies, beautiful Unobstructed view facing the South east. Hotel Amenities And Steps To Shops, Restaurants And Transit. Walking distance to both U of T and Toronto Metropolitan University. A…
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The price has reduced for this Listing, check it out Listing Address: 30 PIETROWSKI DRIVE
Welcome this Sun filled All Brick Double Garage Detached Home Built By Prestigious Builder ""Treasure Hill"" In Keswick New Community! 9 Feet Ceiling On Main, Direct Access To The Garage. $$$ Upgrades, Hardwood Flooring First Floor and Hardwood Stairs, Open Concept Upgrade Kitchen With Granite Countertop and Backsplash & S/S Appliances, Upgraded modern Lights, Second…
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‘On Hold’: June Rate Cut Fails To Revive Toronto’s Housing Market
In June 2024, Toronto saw a 16.4% decrease in home sales compared to the previous year. The Bank of Canada's rate cut provided some relief, but more cuts may be needed to boost sales significantly. The average selling price dropped 1.6% year-over-year to $1,162,167. The MLS® Home Price Index Composite benchmark also fell by 4.6%…
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GTA Real Estate Sales Down Despite Overall Increase | Watch Today’s Real Estate Updates & Tips
Detached homes sales: 3,238 in May, ↓ 19.4% yearly Semi-detached homes sales: 616 in May, ↓ 21.3% yearly
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Toronto City Council approves partnership to build more affordable housing in midtown Toronto
Toronto City Council approved the development of 447 new purpose-built rental homes at 275 Merton St., with 30% to be affordable in perpetuity. The City partnered with Collecdev-Markee to combine the property with an adjacent site, aiming to address the lack of affordable housing in Toronto. Construction is set to start in 2025, with completion…