Archive for Toronto Condo Seller
Toronto Real Estate Board Releases Q1 Condo Report
The Toronto Real Estate Board has released its Toronto condo sales report for the first quarter of 2012. According to the report, 5,027 condo apartment transactions took place through the Toronto MLS Listings during the first quarter of 2012, which is a two per cent increase over last year’s first quarter. In addition, new condo [...]
Toronto Real Estate Does It Again – Another Record Month
February MLS sales totalled 7,032 houses and condominiums in all the districts. This sales number was up 12.3% from one year ago and was 12.5% above the average for Februarys since the year 2000. 31.1% of the market sales were condo townhouses and high-rise suites with 2,187 units changing hands during the month. The February [...]
Toronto Condo Sales Hit Record Highs In 2011
We’re now seeing all the end-of-year sales stats for Toronto real estate sales, the majority of which ended on a high note – with Toronto condos being no exception. Toronto condo sales through the Toronto MLS Listings (in the Metro Toronto Area and the Greater Toronto Area) jumped 24 per cent over the previous annual [...]
Economist Apologizes For Getting Toronto Real Estate Market Predictions Wrong For 2011
It seems all of the economists got it wrong for 2011… they generally agreed that last year’s Toronto house and condo market was going to be slower than 2010 with a 3-5% appreciation rate. At least Craig Alexander, Chief Economist at TD Canada Trust was willing to say that the science of economic predictions is [...]
Downtown Toronto Condo Market Showed Mixed Signals In January
The downtown Toronto condo market showed a lot of contrasting numbers between east and west of Yonge. In January, downtown condo average sale prices were up 8.6% in C01, west of Yonge and south of Bloor and up by 3.5% in C08 east of Yonge and south of Bloor compared to one year ago. This [...]
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 [...]
