Toronto Condo Market Report – Update and Forecast

Toronto Condo Market Report – Update and Forecast

Toronto Condo Market The Toronto housing market is forecasted to see a recovery in sales and prices by 2025. That outlook would suggest the current unwanted inventory would find willing buyers in the year ahead. According to TRREB’s lastest report on condo apartment sales in the GTA, we saw a drop of 19.8% in sales…

Federal Court Rules Against Toronto Real Estate Board

Federal Court Rules Against Toronto Real Estate Board

Federal Courts Rule in Favour of Anti Trust Legislators Back in 2017, the Federal Court of Appeal has upheld an April, 2016 decision made by Canada’s Competition Tribunal. It ordered the Toronto Real Estate Board to allow its members to share the sales histories of listed properties online. This ruling relates as well to the…

New TREB Report Shows Foreign Buyers Have Minimal Effect on Toronto Housing Market

Foreign Buyers Not Driving Up Prices in Toronto A  Toronto Real Estate Board investigation concluded that foreign buyers play a minimal role in Toronto house prices and availability. 3 key findings counter the Wynne government’s insistence that Foreign buyers and house flippers are ruining the housing market. The report may indicate how government officials haven’t been honest to the…

Up or Down. How Will the Foreign Buyers Tax Affect Toronto Condo Prices?

Up or Down. How Will the Foreign Buyers Tax Affect Toronto Condo Prices?

Toronto Condos – Still a Smart Investment? The Toronto Condo Market couldn’t be more difficult to comprehend right now after the Liberal’s pushed their unwise Foreign buyers tax and rent controls. With availability of condos squeezed, prices in Toronto rose to record levels. What will happen this year and 2018 in Toronto’s condo market? Toronto…