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Our Blog | Toronto Residential

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Rental market set for turbulence

  10/13/2017 | Posted in Rental Market by Re/Max Royal Properties Realty

Competition in Toronto's condo rental market has become so fierce that bidding wars are on the ... More


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Among Canada's housing markets, Toronto remains the most 'puzzling'

  10/10/2017 | Posted in Real Estate Market by Re/Max Royal Properties Realty

Conventional economic factors including population, incomes and borrowing costs accounted for less than half of the 40% surge in Toronto home prices between 2010 and 2016, ... More


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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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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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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 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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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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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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New record for GTA residential land sales

  5/24/2017 | Posted in GTA Real Estate by Re/Max Royal Properties Realty

Residential land was the hottest sector in investment real estate sales in the GTA in the first quarter of 2017.

... 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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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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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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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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