Loading...

Price ratio between Detached and Condos falls to 2013 levels

Thursday Mar 22nd, 2018

Share

Many condo owners purchase with the intent of climbing aboard the "property ladder." The intention isn't usually to buy a condo as a "forever home" but rather to move up to a house once they have accumulated some equity. However, freehold (non-condominium houses) properties have been appreciating at a faster pace than condos over the years and with higher price to begin with, the price gap between the two ownership types has grown over the years. When GTA freehold... [read more]

Which Toronto neighbourhoods had the largest price changes in 2016?

Wednesday Feb 22nd, 2017

Share

Pricey Central neighbourhoods in the north part of the city dominated  For this first of a three part series I compiled and analyzed Toronto Real Estate Board ("TREB") data from more than 24,000 sales of detached houses in 2015 and 2016 to calculate the year-over-year price change by neighbourhood. Last year featured strong demand and extremely low inventory of re-sale houses and condos leading to intense competition. Multiple offer situations and... [read more]

Toronto's most and least expensive neighbourhoods in 2016

Thursday Feb 23rd, 2017

Share

This is the second in a three part series, mapping out information and statistics on all 144 Toronto neighbourhoods.  Part 1 talked about price increases. Part 2 will now discuss the most and least expensive neighbourhoods in the city. Bridle Path deserves its exclusive reputation For context, the average detached house in Toronto sold for $1.252 million in 2016. The median neighbourhood average price was $970K (E1 - Greenwood-Coxwell). Here are... [read more]

Where in Toronto are homes quickest (and slowest) to sell

Friday Feb 24th, 2017

Share

This is the third part in a three part series, mapping out information and statistics on all 144 Toronto neighbourhoods.  Part 1 talked about price increases, while Part 2 looked at the most and least expensive neighbourhoods. Part 3 will now discuss the what neighbourhoods are the quickest and slowest to sell. East is the Least For context, the average detached house in Toronto sold in 13.7 days in 2016. The median neighbourhood average... [read more]

February 2019 charts: TREB wants a boost after another poor sales month

Wednesday Mar 6th, 2019

Share

Here's your Toronto real estate market report for February. Another slow month has TREB campaigning for changes to boost sales. Below is what I saw in the February stats. As always, these are just selected highlights. The full set of market charts is available on SlideShare. 1) February should've been better I took the same title for a point in January and changed the month: the same story. You all know the big hullabaloo over the stress test on insured mortgages (20%... [read more]

READ MORE