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Our Blog | Toronto Real Estate

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Toronto casts shadow over nation's home sales, but realtors see signs market bottoming out

  8/16/2017 | Posted in Ontario Real Estate by Re/Max Royal Properties Realty

Home sales in the Greater Golden Horseshoe just saw the smallest decline since Ontario’s housing clampdown, suggesting the market may be stabilizing.

... 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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Toronto luxury market hits new record while Vancouver slumps

  7/11/2017 | Posted in Real Estate Market by Re/Max Royal Properties Realty

Sales of homes priced at $1 million or more were up sharply in the GTA in the first half of 2017 while Vancouver felt the impact of the foreign buyers’ tax.

... More


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Housing responsible for over 25% of Ontario's 2016 economic growth - report

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

Toronto’s thriving housing market is offsetting the significantly lower volume of business investment in Ontario this year, according to independent think-tank Fraser ... More


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TREB Member REALTORS® Release Monthly Market Report, Forecast Update And New IPSOS Consumer Survey

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

Toronto Real Estate Board President Tim Syrianos, in his first release as TREB President, announced TREB residential MLS® sales, listings and price statistics for ... More


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Port Lands: New downtown Toronto neighbourhood

  6/29/2017 | Posted in Toronto News by Re/Max Royal Properties Realty

Toronto’s Port Lands is to receive $1.185 billion of funding for development of a new downtown neighbourhood. The federal, provincial and municipal governments, ... More


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Realtors' internal numbers show Toronto home prices fell more than 6% in two weeks

  6/21/2017 | Posted in GTA Real Estate by Re/Max Royal Properties Realty

Internal mid-month statistics for June from the Toronto Real Estate Board show average prices in the Greater Toronto Area shed almost 6.4 per cent in just two weeks with sales ... More


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Ontario new housing rules take a bite out of new construction numbers for country

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

Canadian housing starts fell 8.6 per cent in May from April, a decline fuelled by a massive pullback in new home construction since Ontario moved to cool the housing market in ... 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 home sales drop most since recession as new rules put brakes on market

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

Sales of existing homes across the Greater Toronto Area dropped a whopping 20.3 per cent in May from a year ago, while the average home price in the region fell about six per ... More


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GTA REALTORS® Release Monthly Resale Housing Market Figures

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

Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 10,196 sales through TREB’s MLS® System in May 2017 ... 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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GTA Home Sales Plunge 26% Following Ontario Foreign Buyer Tax

  5/25/2017 | Posted in GTA Real Estate by Re/Max Royal Properties Realty

On April 20th 2017 the Ontario government introduced their Fair Housing Plan which included a 15% tax on homes purchased by foreign (non-resident) buyers. The provincial ... 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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Cottage country feels the heat from Toronto's real estate fire

  5/21/2017 | Posted in Real Estate Market by Re/Max Royal Properties Realty

The May long weekend is the traditional kick-off to cottage season. But long before the snow melted this spring, equity-rich baby boomers from the city had been turning up the ... 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 listings surge will quickly run its course: RBC

  5/17/2017 | Posted in GTA Real Estate by Re/Max Royal Properties Realty

The surge in new listings in the GTA in April may be short-lived as many sellers may have been “cashing in their chips.”

... More


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Most sweeping rent controls in 25 years could end up making Toronto housing more expensive if building halts

  5/16/2017 | Posted in Ontario Real Estate by Re/Max Royal Properties Realty

Toronto’s trying to make it more affordable to rent in one of the world’s hottest housing markets. New measures may have the opposite effect.

... More


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