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Price ratio between Detached and Condos falls to 2013 levels

Thursday Mar 22nd, 2018

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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]

Toronto's most and least expensive neighbourhoods in 2020

Tuesday Apr 20th, 2021

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Are you curious which of the 144 Toronto neighbourhoods are the most expensive? The least expensive? Yeah, me too, so I dug into it. You will find interactive maps down the page, showing averaged detached prices for all neighbourhoods and which areas had the highest % gains, but first... A little background I've been doing this for a few years now. For example, here are the most and least expensive neighbourhoods for 2019 and 2018. Last year I published a companion... [read more]

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

Wednesday Mar 6th, 2019

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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]

Toronto's most and least expensive neighbourhoods in 2019

Monday Jan 27th, 2020

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Are you curious which of the 144 TREB neighbourhoods are the most expensive? The least expensive? Yeah, me too, so I dug into it. You will find an interactive map at the bottom of the page, showing averaged detached prices for all neighbourhoods, but first... A little background First off, here are the most and least expensive neighbourhoods in 2018. I'll publish a companion post to this that shows which areas went up (and down) by the largest dollar amount and percentage;... [read more]

Which Toronto neighbourhoods had the largest price changes in 2019?

Monday Feb 3rd, 2020

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This is the second post in a two-part series taking a deep dive into 2019 neighbourhood statistics. The first part listed Toronto's most and least expensive neighbourhoods and featured an interactive heat map with the average detached home price in each Toronto neighbourhood. This post will look at where prices are rising and falling the steepest. I took the same look at this last year, as well as back in 2016.  In this analysis, I'm looking at just average... [read more]

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