Archive for Toronto MLS Condo Market Trends & Stats
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 Condo Rental Market Tightens
According to the latest Toronto condo rental market statistics from the Toronto Real Estate Board, the leasing of condos was up during the last quarter of 2011 – and the number of condos listed for rent using the Toronto MLS Listings was down. What does this mean for condo owners and investors? Essentially, they’ll have [...]
Downtown Toronto Condo Price Appreciation Matches The Overall Market
In December, downtown condo average sale prices were up 5.2% in C01, west of Yonge and south of Bloor and up by 5.6% in C08 east of Yonge and south of Bloor compared to one year ago. When you compare year-over-year average numbers, both condo areas tracked the overall market average quite well… The C01 [...]
Downtown Toronto Condo Prices Continue To Appreciate In Price
Although everywhere you look downtown you see cranes, the resale market is still very resilient – mainly because the price-per-square-foot is less expensive for resale than for new construction! West of Yonge Street prices continued to appreciate at a better rate than the overall Toronto resale homes market. The ratio of sales-to-listings showed a moderate [...]
Downtown Toronto Condo Sales Up 41% West Of Yonge
Hi, it’s Thomas Cook from Toronto’s Real Estate Team at RE/MAX Hallmark and here is our September 2011 Toronto real estate market report. Downtown condo average sale prices were up 14.3% in C01, west of Yonge and south of Bloor and up by a more modest 6.3% in C08 east of Yonge and south of [...]
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 [...]
The July Toronto Real Estate Market Analysis Video Shows Excellent Condo Appreciation
Hi, I’m Thomas Cook from Toronto’s Real Estate Team at RE/MAX Hallmark and here is our July 2011 Toronto real estate market report. July’s average sale price was up compared to one year ago but the overall GTA listing inventory was lower. However there were some surprising stats when we compared this July’s listing inventory [...]
Watch The Complete 4-Part Toronto Condo Market Analysis Video Series
It’s now complete… everything you wanted to know about the downtown Toronto condo market. There are 4 parts to the Status of Toronto’s Downtown Condo Market video series and each part deals with a different facet of the market. In Part 1 of the series, the discussion is about current market conditions in new condo [...]
New Multi-Part Video Series Provides An Analysis Of The Toronto Condo Market
For several years now people have been asking how sustainable our downtown condo market is. Aren’t they building too many condos? Who’s buying all these suites? These are all very valid questions and now you can get some answers. In this multi-part series entitled “Status Of Downtown Toronto’s Condo Market”, you’ll get the facts about [...]
