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]

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]

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]

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]

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]