Real Estate in the News

Posted by:

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 ...

Continue Reading →
0

Real Estate in the News

Posted by:

This week’s top real estate news in Ontario and how your real estate business could be affected.

Home prices in Toronto suburbs on fire amid ‘intense’ competition for detached houses
“Until we experience sustained relief in the supply of listings, the potential for strong annual rates of price growth will persist, especially in the low-rise market segments,” said Jason Mercer, director of market analysis for TREB.

Toronto home prices jump 21%, putting sales at record high
The Toronto ...

Continue Reading →
0

Real Estate in the News

Posted by:

This week’s top real estate news in Ontario and how your real estate business could be affected.

Energy Audits for New and Resale Homes in Ontario Are Coming!
7.1 Provide free energy audits for pre-sale homes
Energy audits would be required before a new or existing single-family home can be listed for sale, and the energy rating will be included in the real estate listing. These audits are intended to be provided free of charge under this plan. The ...

Continue Reading →
0

Real Estate in the News

Posted by:

Stay up-to-date with all real estate news updated continually on our Facebook page.

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 ...

Continue Reading →
0

Real Estate in the News

Posted by:

Stay up-to-date with all real estate news updated continually on our Facebook page.

Average Canadian home now costs more than $500,000, CREA says
Monthly sales data from the Canadian Real Estate Association released Tuesday show the average price of a Canadian home was $503,057 in February. That’s an increase of more than 16 per cent from the same month a year ago.

Canada second only to France in taxing people who make $200,000 a year ...

Continue Reading →
0

Real Estate in the News

Posted by:

Stay up-to-date with all real estate news updated continually on our Facebook page.

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 ...

Continue Reading →
0