Toronto Home Prices Drop for the First Time in Two Years by Toronto Storeys Photo by Tom Rumble on Unsplash Nearly one month into the Ford government implementing state of emergency measures in Ontario, there is no question that everything from local home sales to progress on new developments in Toronto’s real estate industry are going to take a hit — whether only temporarily or long-term still remains uncertain. While... [read more]

Luxury Home Prices in Toronto Forecast to Increase Up to 7% in 2020: Report by Toronto Storeys 100 Sandringham Drive via Engel & Volkers Toronto Central/Toronto Toronto’s luxury real estate market continued to heat up in 2019 and is showing no signs of slowing down, according to the latest report from international real estate firm Engel & Völkers Americas. The report, which focused on homes exceeding $1 million in primary real-estate... [read more]

Toronto detached housing veering towards crisis of availability   by: Ephraim Vecina       Single detached housing is becoming an increasingly rare resource in high-demand Toronto, according to the market’s real estate association. Data from the Toronto Real Estate Board indicated that in December, the market saw 1,984 sales of detached homes, representing a 24.77% annual increase. The City of Toronto accounted for... [read more]

Toronto home sales up 17 per cent in December, prices up 12 per cent The Canadian Press Published Tuesday, January 7, 2020 6:40AM EST TORONTO -- The Toronto Real Estate Board says home sales were up 17.4 per cent in December compared with the same month last year, while the average price was up almost 12 per cent in the month from a year earlier. The December jump caps a surge in activity in the second half of last year, while a slower first half meant that overall 2019 sales... [read more]

7 new Toronto condos arriving on the waterfront by 2021 Just because you live in the concrete jungle, doesn’t mean you can’t be close to nature. Toronto is lucky to have a shoreline stretching from Scarborough out west to Etobicoke, a popular destination for boardwalks, beachside activities and some of the city’s most sought-after developments. If you’re looking for a new construction condo with views of the water, these Toronto projects set to be move-in... [read more]