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Luxury real estate sales rage on in Toronto
Toronto saw 500 properties worth north of $2 million sold between January 1 and March 31 of this year.
Competition Bureau wins case against TREB
It remains unclear what impact this will mean for homebuyers and, indeed, agents, as the Tribunal has not yet detailed how it will remedy TREB’s anti-competitive conduct. However, it may mean TREB will have to make its data public — or potentially face repercussions. Also read “Competition Tribunal rules in favour of the Commissioner in Toronto real estate case“.
Lopsided buyer-seller ratio is hurting the Toronto market
“The problem is that there are vastly more buyers than sellers,” veteran housing observer Will Dunning wrote in an April 19 piece for The Globe and Mail.
Canada’s Hottest Housing Markets Driven By ‘FOMO’ (Read: Panic Buying)
Nearly one in five respondents in the survey from TD Canada Trust showed signs of “FOMO,” or “fear of missing out” on the large price gains seen particularly in Greater Vancouver and Greater Toronto.
Upcoming Realty Point Seminars (info and to register link)
- Saturday May 7, 2016 – SEO & Website Content
This seminar is open to all registered real estate sales professionals in Ontario. More information and to register visit this page.
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