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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]

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]

Which Toronto neighbourhoods had the largest price changes in 2016?

Wednesday Feb 22nd, 2017

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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

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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]

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