Archive for Toronto Condo Seller
Toronto Real Estate Board Condo Market Report
The Toronto Real Estate Board has released its Condo Market Report on Toronto condominium sales for the third quarter of 2011. The entire report is available here. During the third quarter, condominium sales using the Toronto MLS Listingsincreased by 24 per cent over the same period in 2010, with 5,770 transactions. “Condominium apartments have accounted [...]
TD: Canadian Boomers Putting Downsizing Off For Now
According to TD Canada Trust’s 2011 Boomer Buyers Report, 17 per cent of baby boomers are putting off their plans to downsize their living space because they need larger homes to house their adult children. In addition, 40 per cent of baby boomers still have to pay off their mortgage and others say that their [...]
Toronto Condominium Sales Up 26%
According to the Toronto Real Estate Board’s latest Toronto real estate market figures, Toronto condominium sales have increased by 26 per cent in September, while total sales over all increased by 25 per cent. “We have experienced strong growth in sales so far this year, with a much more active summer compared to 2010,” said [...]
Urbanation Agrees With TREB, CMHC: No Condominium Bubble
The folks over at Urbanation’s blog recently posted a great article to quell people’s fears of a condominium market bubble in Toronto. Urbanation is the leading market research firm for condominium information in the Greater Toronto Area. The blog posting is in response to an article in the Toronto Star, which quotes a Manhattan-based consultant who [...]
Condominium Sales In The 905 Area Code Moving Up
According to RealNet Inc., new home sales in the 905 region jumped 48 per cent in August 2011 over August 2010. Across the Greater Toronto Area, a total of 2,011 new condominiums were sold during the month of August, with more than half of them being sold in the 905 area code – 1,185 versus [...]
Toronto Condominium Sales Continue To Break Records
According to the latest report by condo research firm Urbanation, Toronto condominium sales continued to break records in the second quarter of 2011. Urbanation says there were 9,455 new Toronto condominium units sold in Q2, which pretty much obliterates the record previously held by Q2 in 2007 of 6,997 units — with an increase of [...]
Toronto Condominium Sales Sizzle This Summer
Toronto condominium sales increase in June 2011 No one needs to tell Greater Toronto Area residents that it’s been really, really hot these past couple of weeks. In addition, the Toronto condominium market has been just as hot, with home sales rising 53 per cent in June 2011 with 4,681 units. In June 2010, 3,050 [...]
The Upcoming Toronto Condominium Renovation Boom
Can you renovate your Toronto condo? Many of the most notable Toronto condominiums were built in the 1980s, and now decades later – some of them are due for an update. According to this Toronto Star article by Stephen Dupuis, many Toronto condominium owners are soon going to begin feeling the itch to start renovating [...]
Downtown Toronto Condo Sale Prices Up In February
Toronto Real Estate Board MLS statistics for the month were quite positive overall for downtown Toronto condo and loft sales. As usual we had differences in the average price rise and activity east and west of Yonge Street and south of Bloor in the prime downtown condo markets. Downtown condo sale prices were up 2.8% [...]
2011 PREDICTIONS FOR THE TO Condominium Market
2011 Outlook for the TO Condominium and Real Estate Markets Have you ever wished you could see into the future and predict what’s going to happen to the Toronto real estate market, Toronto MLS listings and the TO Condominium market this year? I certainly have, but unfortunately I haven’t got that talent nor do I [...]
