Real Estate in the News

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Toronto’s hot housing market drives big bidding wars in suburbs
Toronto’s sizzling market may get all the attention, with the average price of a detached house topping $1.2-million last month. But it’s in the suburbs where the most intense housing battles are being waged.

Bank of Canada announces overnight rate target
The Bank of Canada said Wednesday it will maintain its target for the overnight rate at ½%.

Toronto home prices surge as sales far outpace new listings
The record-shattering pace of Toronto’s housing market shows no sign of ending as sales far outpace new listings.

What To Expect From Canada’s Real Estate Market This Spring
New home sales in the GTA are off to a slow start so far in 2016, according to the Building Industry and Land Development Association (BILD). Following one of the biggest years ever for new homes in 2015 in the GTA, in January of this year, sales of new homes were down, prices were mostly flat and new inventory was limited, BILD says.

Growth to Watch For: East of Downtown
Taking a look at the most recent projects under construction and in planning in the East of Downtown, from along Sherbourne to the Don Valley, and between the Gardiner and Bloor.

How should Canada regulate foreign ownership in the housing market?
The Canada Mortgage and Housing Corporation says it has been in contact with tax authorities and police agencies that track money laundering in order to beef up its data collection regarding foreign buyers.

Does DIY Apply to Buying a House? Young People Might Think So
Young people experience a high level of anxiety when it comes time to move from online home shopping to talking to a real estate professional. As long as they’re gathering information on their phone, tablet, or laptop, they’re fine. But as soon as they want to talk to someone in the business, they find themselves outside of their comfort zone.

Realty Point Seminars

Realty Point Upcoming Seminars

  • Saturday, March 19, 2016 – Master Selling Skills
  • Saturday, April 2, 2016 – New Agent Orientation Training Seminar

For more seminar information and to register click here.
Realty Point
240 Duncan Mill Road, 6th Floor, Toronto ON, M3B 3S6
Free Saturday parking on-site.

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