Below you'll find a list of all posts that have been tagged as “Housing Market”
Only Half of Canadians Know! Many Canadians have a good understanding of financial services terms. A recent Angus Reid survey revealed that 51 percent of respondents were confident they knew what a mortgage deposit was, with 48 percent admitting they were “not very confident” or “not at all confident” they understood the term. It’s easy to see why there’s some …
RBC Economics says 2019 will go down as “the turning point for Canada’s housing market.” This refers to the end of the most significant correction since the Great Recession of the last decade and sets the scene for continued recovery for the housing market 2020. The report from senior economist Robert Hogue reflects on a year that faced challenges but …
Toronto Real Estate Board (TREB) President Garry Bhaura announced that Greater Toronto Area REALTORS® reported a total of 77,426 residential transactions through TREB’s MLS® System in 2018. This result represented a 16.1 per cent decline compared to 92,263 sales reported in 2017. Total new listings entered into TREB’s MLS® System were down by 12.7 per cent over the same period …
Toronto Real Estate Board (TREB) President Garry Bhaura announced year-over-year increases in home sales and average sale prices reported through TREB’s MLS System® in October 2018. Greater Toronto Area REALTORS® reported 7,492 sales through their system in October 2018 – a six per cent increase compared to October 2017. The average sale price for October 2018 was up 3.5 per cent on a year-over-year basis …
In encouraging economic news, residential home sales were up 18.6 per cent in the GTA for the month compared with last July, the Toronto Real Estate Board said Friday. In addition the average selling price of the 6,961 homes that changed hands during the month rose 4.8 per cent on an annual basis to $782,129. July’s climb follows a 2.4 …
The Toronto housing market showed some improvement in home sales this June along with the average selling price. 8,082 homes were sold by Toronto Real Estate Board (TREB) members through the MLS in June; a 17.6% jump from May 2018 and 2.4% more than in June of last year. Policy changes such as the B-20 mortgage guidelines which tightened lending …
