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Two-thirds of millennials expect to afford a Toronto-area home, study suggests
About two-thirds of millennials in the Toronto area expect to own their own home, according to a survey by Pollara for Bank of Montreal being released Wednesday. That’s despite a higher average purchase price of $465,000 in Toronto, compared to the $350,000 national average.
Home sales break March record
“Greater Vancouver and the GTA are heading into the spring home buying season with soaring demand and a shortage of listings,” CREA President Cliff Iverson said. “Meanwhile, other major urban markets in Canada are well balanced or are amply supplied.” Also read “Average house price in Canada jumps 15% to $508,567 in March“.
Canadian home sales hit record in March but Vancouver, Toronto slow down: CREA
Analysts attributed a 1.8 per cent drop in CREA transactions in Toronto, and 0.3 per cent in Vancouver, to other factors — particularly a short supply of properties for sale and high prices that are straining affordability.
Cosmos Condos in Vaughan
High interest, unique and custom designs developed with great care and attention to individual suites will make Cosmos Condos a highly sought after location in Toronto’s newest downtown in Vaughan.
There is a Tesla car to be won by the agent that attains specific sales targets for this project!
Featuring Marco Filice, Senior Vice President, Liberty Development, Barbara Lawlor, President, Baker Real Estate Inc, Angelika Bekman, Broker, RE/MAX Holdings Inc and hosted by Zia Abbas.
Toronto’s Hottest Neighbourhoods – First Quarter 2016
Top 10 List of the Hottest Neighbourhoods during the first quarter of 2016 is dominated by neighoburhoods that have great access to public transit. Six of the ten are directly on the subway line or the St.Clair streetcar line and another three are within a twenty minute walk to a subway station.
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