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Our Blog | Toronto Real Estate

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Toronto's condo market is surprisingly resilient

  9/22/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

Toronto’s condo boom is surprising many observers with its resilience even as prices of detached homes slump. However, recent interest rate hikes and rent control ... More


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Toronto prices seen stabilizing as key housing ratio balances

  9/14/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

The ratio of Toronto house listings compared with monthly sales has moved back into long-term balance, limiting the potential for significant further price corrections in the ... More


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BoC interest rate hike drags on weakening Toronto real estate

  9/6/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

A second interest-rate increase announced Wednesday by the Bank of Canada will add further drag to Toronto's real estate sector, which has seen home sales fall steadily for ... More


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GTA REALTORS® Release August Resale Housing Market Figures

  9/6/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 6,357 home sales through TREB’s MLS® System in August ... More


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Supply not the main factor in Toronto's housing woes: Commentary

  8/15/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

While various quarters have cited supply scarcity as a central driver in Toronto’s long-running housing affordability issues, latest census data actually belies that ... More


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Toronto home buyers and sellers play the waiting game

  8/11/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

Toronto in mid-August feels like a city waiting with bated breath. The real estate market is drowsy and buyers and sellers are anxious to ... More


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Toronto real estate market picks up after lull

  8/6/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

Home buyers in Toronto and some of the surrounding areas appear to be testing their mettle again after spending a few weeks on the sidelines. It’s too soon to tell ... More


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GTA REALTORS® Release July Resale Housing Market Figures

  8/3/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

Home sales in the Greater Toronto Area tanked last month and prices continued to recede, the city's real estate board said Thursday, further evidence that provincial ... More


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Toronto housing market downturn to be short-lived, federal housing agency says

  7/27/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

The recent downturn in Toronto's real estate market is expected to be brief, the federal housing agency said Wednesday.

... More


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Toronto home-price downturn? Not in these neighbourhoods

  7/27/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

Toronto’s housing downturn is not being felt equally across the region, with many neighbourhoods still seeing the prices of detached houses climb even while the average ... More


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Toronto condo prices soar 28%

  7/25/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

Toronto’s home sales may have seen a big slump in June but the condo market has shown relative resilience in the second quarter of 2017.

... More


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Toronto housing market's downturn may have an upside

  7/24/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

GTA home sales are down, but may be more short-term bump than long-term correction.

... More


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Finding the positive in spite of growing negative coverage

  7/14/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

Despite a cooling market due to Ontario’s housing plan, Toronto is still expected to close out the year with impressive price gains.

... More


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Interest rate hike could prolong Toronto real estate market slowdown

  7/14/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

The GTA real estate market had already begun to cool off before the Bank of Canada raised its benchmark rate Wednesday.

... More


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The Facts Behind Toronto's Most Recent Real-Estate Frenzy

  7/6/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

New statistics released by the Toronto Real Estate Board once again confirm everyone didn't just wake up to a shortage of land overnight.

... More


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Vacant homes tax in Toronto

  6/22/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

Officials in Toronto say that enforcing a tax on vacant homes may be difficult and another solution may be better.

... More


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Big bank forecasts Toronto's future

  6/8/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

One of Canada’s largest banks reacts positively to Toronto’s cooling market.

... More


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Is Toronto's housing market decline for real?

  6/8/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

Why sales and prices seem likely to continue to fall for at least the next two or three months.

... More


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TREB May numbers show a soft month for Toronto real estate market

  6/8/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

Home sales dropped in May 2017 compared to last year, but experts say the trend is likely temporary.

... More


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Toronto could become a "buyer's market" in coming months: RBC

  6/7/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

Is that for real? Toronto may soon become a buyer's market, according to RBC.

... More


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Toronto's housing market feels chill from provincial measures

  6/5/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

Toronto’s overheated housing market has cooled rapidly since the Ontario government announced a suite of new housing measures in April, with average prices dropping 6 per ... More


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Obsession with home ownership driving Toronto affordability crisis, report finds

  5/23/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

The Toronto area will need up to $150 billion in new home construction in the coming decade and most of that should be rental units, says a report from the Canadian Centre for ... More


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Toronto Luxury Sales Up Almost 75% In April

  5/22/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

Toronto’s wealthiest families are showing confidence in the real estate market. Toronto Real Estate Board (TREB) stats show that luxury sales are booming. While sales are ... More


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Agents sound off on the country's hottest market

  5/19/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

Toronto real estate performance in April -- specifically the uptick in new listings -- is a seasonal blip in the market's radar, according to leading agents.

... More


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Commercial rents in Toronto could soar as much as 50% in the next three years as market tightens

  5/18/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

A new report suggests commercial tenants in Toronto will be facing massive rent increases over the next three years, amid rising property values.

... More


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GTA condo sales break record

  5/4/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

All industry eyes are keenly fixed on the Toronto real estate market following last month’s reveal of Ontario’s new housing plan; and while it’ll still take a ... More


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Toronto real estate sales climbed in past week, but overall cooling could be coming

  5/2/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

Early data suggests homebuyers in Canada’s largest city sat on the sidelines as they awaited new market cooling measures, but jumped backed into the market — albeit ... More


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Foreign Buyers or Domestic Greed? Over 121,000 Toronto Homeowners Own Multiple Homes In The City

  4/27/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

New data from the Ministry of Finance shows that Toronto real estate has a bigger problem than foreign buyers, speculators from Toronto. 

... More


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More People Are Buying Toronto Real Estate That Shouldn't, And Half Are At Risk of Defaulting

  4/27/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

Toronto real estate buyers scrambling to get in the market are increasingly taking out high-ratio mortgages, with far too little income.

... More


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No measures that could boost demand for housing in Toronto: Morneau

  4/19/2017 | Posted in Toronto Real Estate by Re/Max Royal Properties Realty

Three levels of government facing a red-hot housing market in the Greater Toronto Area agreed Tuesday not to introduce any measures that would further boost demand and drive ... More


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