Toronto Real Estate Board Market Update
September 24, 2009 by Joy Paterson · Leave a Comment
July was a record setting month with sales up 28% from the same time last year. There were 9,967 sales with an average transaction price of $395,414. See full TREB report
Cost of Luxury Real Estate
September 24, 2009 by Joy Paterson · Leave a Comment
Toronto’s Luxury Condos are actually quite affordable when comparing them to condo prices around the world. Luxury condos in Toronto range on average from approx $850 to $1500 per square foot. Other cities such as London and New York run from $3,600 to $8,400 and $2,100 to $6,000 respectively. Singapore’s “The Marq” sold a condo [...]
Toronto Power of Sales
September 24, 2009 by Joy Paterson · Leave a Comment
The year 2007 in Toronto was a crazy year in terms of real estate sale and skyrocketing prices. Many buyers bought during this frenzy and paid top dollar for a property. As reality sets in and property values start to decline, these home owners are now struggling to pay off their financial obligations, forcing the [...]
Toronto Condo Market
September 20, 2009 by Joy Paterson · Leave a Comment
It’s no secret that 2007 ( and beginning of 2008) was a red hot year for the Toronto condo market with week long line ups to purchase preconstruction condo units and record breaking sales numbers. With the current state of the economy south of the border, it’s inevitable that the Canadian economy will be affected [...]
Toronto Real Estate Market: the Sky is Not Falling!
February 24, 2008 by Joy Paterson · Leave a Comment
I am sure you are just as tired as I am about hearing how terrible the current state of the real estate market is in Toronto, but is it really that bad? No, the sky is not falling but there is no doubt that the Toronto real estate market has been affected by the US [...]
