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This week’s top real estate news in Ontario and how your real estate business could be affected.
Toronto house sells for more than $1M over asking amid record year for home sales
The split-level home, located at 19 Talwood Dr. in the Lawrence Avenue East and Don Mills Road area, sold by Ecko Jay Realty Ltd Brokerage on Nov. 10 for $2,658,000 after being listed at a price of $1,488,800.
Toronto home sales set record in ...
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CMHC Releases its 2016 Q1 Housing Market Assessment Report for Canada and 15 Markets
In Toronto, overall strong evidence of problematic conditions reflects a combination of price acceleration and overvaluation. We are also monitoring for the potential emergence of overbuilding in Toronto due to the high number of condominium units under construction. Inventory management therefore continues to be necessary to make sure that these ...
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Real estate news stories that we’ve been following this week.
Bank of Canada stands pat, keeps interest rate at 0.75%
Interest rates remain at 0.75% with a possible change based on the loonie’s performance in the coming months.
Vancouver real estate prices pushing millennials to leave city: report
With ever rising home prices will we see vancouverites fleeing their fair city? And is Toronto also seeing this race to the suburbs? Also read “In Toronto, it’s ...
Are millennials that much different a home buyer?
Every generation lives through, and inspires, change. While personal values may remain a constant across generations, the tools and information available to help make decisions changes with the times.
The mere access to information, generally speaking, does not make people smarter. They need to know which information sources to trust as they wind their way through life.
Millennials have lived their whole lives with technology at their fingertips, but does that make them more independent ...
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