Archive for Toronto Condo Seller
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 [...]
An Amazing Year For Toronto Condominium Sales
We saw a roaring start to the year for all of the Toronto real estate market, followed by a bit of a summer lull and finally, a healthy return to normal by the fall season, extending to the end of the year. Condo sales were near record this year and are still expected to be [...]
Toronto Condominiums Vs. Co-Ops: Advantages and Disadvantages
Co-op apartments are usually a bit cheaper than your average condominium in Toronto, making them a more viable option for some condo buyers. But why is this, and what is the difference between a co-op and a condo in Toronto? The major difference between the two is the a condominium owner owns a piece of [...]
Toronto Condominium Sales Expected To Stay High
Sales of new condominiums were relatively calm this summer, but have continued to climb since the mid-fall. As we reported prior, condominium sales were on track to reach their second-highest annual level on record. According to Urbanation, a Toronto condominium market data firm, they still are on track for their second-highest number of sales on [...]
Housing Starts Increase In November Thanks To Toronto Condos
The Canada Mortgage and Housing Corporation has released its housing start figures for the month of November, which saw a seasonally adjusted annual rate of 187,200, up from 167,800 in October. This means that 2010 should see housing start figures upwards of 190,000, whereas 2009 only saw annual housing starts of 149,000 across Canada. Multi-unit [...]
Toronto Condominiums Offer A Great Return On Investment
The Royal Bank of Canada’s new Housing Trends and Affordability report has compared condominium appreciation from the third quarter of 2010 with the same time last year, and Toronto condominiums came out somewhere in the middle. The average price of a Toronto condominium according to the report was $309,900, a year-over-year increase of 5.6 per [...]
