Recent Toronto Housing News

Price of luxury housing in Canada keeps going up as sales of $3-million homes …
torontohousingmarket.com
Canadian housing prices to rise only 1% next year, TD Bank says · Whoever buys this $12.25-million 'Manor House' in Calgary won't be worried about the oil crash · CMHC says Toronto housing market at 'high risk,' as economists fear Tories 'throwing fuel ... [...]
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National Bank Reaffirms $39.50 TP On Allied Properties REIT (AP.UN), Reaffirms …
torontohousingmarket.com
The Company's property include four Toronto properties (134 Peter Street and 364 Richmond Street West, 460 King Street West and an 50% interest in 491 College Street), one Kitchener property (50% interest in The Breithaupt Block), one Montreal property ... [...]
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Toronto Real Estate Market 'Risky' For Home Buyers
torontohousingmarket.com
Although prices for Toronto real estate properties in the market have been increasing, the housing demand has not changed and has consistently risen despite the price changes. However, reports indicate that these are signs of 'risky' levels, especially ... [...]
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Single-detached home affordability increasingly strained in Ontario in Q2 2015 …
torontohousingmarket.com
"Clearly, the Toronto housing market has many factors working in its favour, including low interest rates, a relatively strong labour market and steady population growth," Wright said. "That said, affordability, especially for single-detached homes ... [...]
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Allied Properties Real Estate Investment Given Consensus Rating of "Buy" by …
torontohousingmarket.com
The Company's property include four Toronto properties (134 Peter Street and 364 Richmond Street West, 460 King Street West and an 50% interest in 491 College Street), one Kitchener property (50% interest in The Breithaupt Block), one Montreal property ... [...]
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Toronto is gambling its budgets on the land transfer tax
torontohousingmarket.com
On a $500,000 property, the cost works out to $5,725, according to the Toronto Real Estate Board's calculator. In 2009 — the year after the tax was introduced — total land transfer revenues were projected at $160 million. Since then, the yearly haul ... [...]
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West Block project includes historic grocery building upgrade
torontohousingmarket.com
"By preserving the original façade of the building, we are honouring the proud heritage of this important piece of Toronto real estate," Choice Properties president and CEO John Morrison said in the release. Some contemporary modifications will be made ... [...]
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Investors: 3 Reasons to Avoid Home Capital Group Inc.
torontohousingmarket.com
As goes the Toronto real estate market, so will go Home Capital. It's that simple. The company has been making an effort to expand throughout Canada, but more than 85% of its loan book is still located in the Toronto area. And the fact is, Toronto's ... [...]
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Hostess – the maker of Twinkies and other delicious snacks – will shut down …
torontohousingmarket.com
HBC to sell, lease back downtown Toronto properties in $650-million deal. TORONTO — Hudson's Bay Co. is selling two properties that house its Toronto flagship store and executive offices to… › More. Chief of Defence Staff Gen. Tom Lawson. National ... [...]
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Affordability and the million dollar home
torontohousingmarket.com
The Toronto real estate market just keeps setting records. In June 2015, the Canadian Mortgage and Housing Corporation (CMHC) reported that the average new single-detached house sold in the Toronto Census Metropolitan Area (CMA) topped $1 million ... [...]
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Toronto's skinniest detached home for sale
torontohousingmarket.com
It's a unicorn of sorts in Toronto real estate. A detached home in the city with a yard, skylights, even a sauna with an asking price below a million dollars. But there's a catch. You may have to give up a lot of your bulky furniture and stretching out ... [...]
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Simcoe Day events in Toronto for 2015
torontohousingmarket.com
New in Toronto Real Estate: The Carnaby What's up mates, good piece of writing and fastidious arguments commented at this place, I am in fact enjoying by these. 10 quirky things you might not know about City Hall I'm surprised no mention was made of ... [...]
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The L Tower rises
torontohousingmarket.com
New in Toronto Real Estate: The Carnaby What's up mates, good piece of writing and fastidious arguments commented at this place, I am in fact enjoying by these. 10 quirky things you might not know about City Hall I'm surprised no mention was made of ... [...]
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新建大廈有助滿足需求增長柏文重售升17% 出租量增逾兩成
torontohousingmarket.com
多倫多地產商會(Toronto Real Estate Board)發表的數字顯示,大多倫多地區今年第二季共管柏文大廈重售及出租單位量,比去年同期分別上升17%及20.3%。另外,地產商會總裁麥寧指,活躍盤在第二季度尾下降1.3%。 該地產商會總裁麥寧(Mark McLean)稱,從 ... [...]
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Trump Executive Believes Canada's Real Estate Market Is Undervalued
torontohousingmarket.com
While many have been warning about a bubble in Canada's real estate market, one of Donald Trump's most trusted executives says Canada's real estate market is actually undervalued, with plenty of investment opportunities. George H. Ross is the executive ... [...]
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Allied Properties Real Estate Investment Plans C$0.09 Dividend (AP.UN)
torontohousingmarket.com
The Company's property include four Toronto properties (134 Peter Street and 364 Richmond Street West, 460 King Street West and an 50% interest in 491 College Street), one Kitchener property (50% interest in The Breithaupt Block), one Montreal property ... [...]
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Allied Properties Real Estate Investment to Issue Dividend of C$0.09 on …
torontohousingmarket.com
The Company's property include four Toronto properties (134 Peter Street and 364 Richmond Street West, 460 King Street West and an 50% interest in 491 College Street), one Kitchener property (50% interest in The Breithaupt Block), one Montreal property ... [...]
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This Toronto condo developer is offering guaranteed rent on your investment …
torontohousingmarket.com
Brent Lewin/BloombergThe Minto Group is reaching into its bag of condominium treats to offer investors in its Toronto development called Minto Westside a guaranteed six per cent return on their purchase price for 24 months. [...]
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House price in the GTA keep going up and up
torontohousingmarket.com
The Toronto Real Estate Board says home sales in the GTA, including condos, increased 8% in July compared to the same month last year. Tuckey says condos remain a viable option for many first-time buyers, despite the fact prices in that sector have ... [...]
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Allied Properties Real Estate Investment Announces C$0.09 Dividend (AP.UN)
torontohousingmarket.com
The Company's property include four Toronto properties (134 Peter Street and 364 Richmond Street West, 460 King Street West and an 50% interest in 491 College Street), one Kitchener property (50% interest in The Breithaupt Block), one Montreal property ... [...]
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Toronto detached home prices drop below $1 million, but sales approaching record
torontohousingmarket.com
The average sale price of a detached home in the city of Toronto in July dipped below $1 million, the first time in months, but Canada's largest housing market shows no signs of slowing down. The Toronto Real Estate Board says the market is now on pace ... [...]
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Runaway prices, or not: Taking the real estate market's temperature heading …
torontohousingmarket.com
Condo owners and purchasers may be pondering what lies ahead for Toronto's real estate market as we head into the fall season. In July, the Bank of Canada lowered its overnight lending rate from 0.75 per cent to 0.50 per cent. The major banks soon ... [...]
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David Rosenberg: Another reason Toronto's real estate market may keep defying …
torontohousingmarket.com
Tyler Anderson / National PostDavid Rosenberg: Despite being seemingly expensive, and propped up to some extent by foreign buying, there is very likely going to be another leg up in the GTA housing market fuelled by Canadian inter-provincial migration ... [...]
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Weekly Research Analysts' Ratings Changes for Allied Properties Real Estate …
torontohousingmarket.com
The Company's property include four Toronto properties (134 Peter Street and 364 Richmond Street West, 460 King Street West and an 50% interest in 491 College Street), one Kitchener property (50% interest in The Breithaupt Block), one Montreal property ... [...]
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Продажи кондо в Торонто стремительно растут
torontohousingmarket.com
Согласно свежей статистике Toronto Real Estate Board, в июле месяце текущего года число продаж на рынке кондоминиумов побило новые рекорды. За отчетный период было продано кондо на 14.4% больше, чем в том же месяце прошлого ... [...]
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Royal LePage warns rate cut could 'over-stimulate' housing market and spur …
torontohousingmarket.com
Tyler Anderson/National PostCMHC warns the Toronto housing market may be too hot. But Royal LePage says the national prices are being driven by results in Toronto and Vancouver where strong labour markets have helped drive up values. “Sales in ... [...]
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Canadian real estate market to 'slow down modestly' as interest rates rise: RBC
torontohousingmarket.com
CMHC says Toronto housing market at 'high risk,' as economists fear Tories 'throwing fuel on fire' · Are millennials better off renting? Why young Canadians may want to put off home ownership. RBC predicts the central bank will raise the rate by 75 ... [...]
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Toronto detached home prices drop below $1 million — but don't take that as a …
torontohousingmarket.com
The average sale price of a detached home in the city of Toronto in July dipped below $1 million, the first time in months, but Canada's largest housing market shows no signs of slowing down. The Toronto Real Estate Board says the market is now on pace ... [...]
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Toronto home prices soar (but they 'won the lottery' in Vancouver)
torontohousingmarket.com
According to the Toronto Real Estate Board today, sales in the area climbed 8 per cent in July from a year earlier, at 9,880. Sales jumped across the board, with condos up sharply. The board's MLS home price index, which tracks the benchmark, surged 9 ... [...]
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Toronto housing market faces high risk of correction: CMHC
torontohousingmarket.com
Toronto's housing market faces a high risk of a correction as soaring home prices this year have outstripped income growth even as the city is facing a rising supply of new condos, Canada's federal housing agency warned Thursday. “In the case of ... [...]
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CMHC Says Toronto, Other Cities At High Risk Of Housing Correction
torontohousingmarket.com
Cmhc Toronto Housing Market Cmhc Toronto Correction Toronto Correction Cmhc Real Estate Canada Real Estate Canada House Prices Toronto Home Sales Toronto House Prices Winnipeg House Prices Regina House Prices Housing Overvalued Canada ... [...]
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Celestica to sell its Toronto real estate
torontohousingmarket.com
Toronto-based electronics manufacturing services player Celestica Inc., has entered into an agreement for the sale of its Don Mills property, which includes the site of its corporate headquarters and its Toronto manufacturing operations. The site is ... [...]
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Toronto, Regina and Winnipeg at high risk of housing market correction: CMHC
torontohousingmarket.com
Housing report. The Canadian Press file photo. Houses are seen under construction in Toronto. In a new report, the Canada Mortgage and Housing Corporation says Toronto's housing market is at high risk of a correction because of overvalued home prices. [...]
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Toronto housing market faces high risk of correction, CMHC warns
torontohousingmarket.com
Toronto's housing market faces a high risk of a correction as soaring home prices have outstripped income growth even as the city is facing a rising supply of unsold condos, Canada's federal housing agency warned. In a new quarterly forecast on the ... [...]
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Toronto condos lead another record sales month in July, homes skyrocket out of …
torontohousingmarket.com
Leading the way were condos — with sales up 14.4 per cent year over year last month — as the price of low-rise houses, especially detached homes, continued to skyrocket out of sight, according to figures released by the Toronto Real Estate Board ... [...]
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Toronto home sales on pace for record year
torontohousingmarket.com
As hot as Toronto's real estate market is, Vancouver's is on fire. Vancouver's real estate board reported Wednesday that sales in July were up 30 per cent from last year, and the benchmark price for a detached property in Metro Vancouver increased 16.2 ... [...]
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Five things you should know today
torontohousingmarket.com
Because a weaker loonie improves competitiveness for exporters, and this in turn could contribute to an above-average jump in the Toronto housing market prices as more money and jobs roll into the region in 2015. Canada Mortgage and Housing Corp. [...]
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Brad Carr Of Mattamy Homes, Canada's Largest Homebuilder, Fears 'Scary' Future …
torontohousingmarket.com
The report also identified overbuilding as a risk in Toronto's housing market. As recently as this April, CMHC had deemed Toronto to be at "moderate" risk of a correction. But the report identified Vancouver, Canada's priciest housing market, as having ... [...]
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Analysts at Scotia Capital Reiterated their OUTPERFORM rating for Allied …
torontohousingmarket.com
The Company's property include four Toronto properties (134 Peter Street and 364 Richmond Street West, 460 King Street West and an 50% interest in 491 College Street), one Kitchener property (50% interest in The Breithaupt Block), one Montreal property ... [...]
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Toronto Home Sales at Record Pace
torontohousingmarket.com
As hot as Toronto's real estate market is, Vancouver's is on fire. Vancouver's real estate board reported Wednesday that sales in July were up 30% from last year, and the benchmark price for a detached property in Metro Vancouver increased 16.2% to ... [...]
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Warning: The Canadian Housing Bubble is About to Burst
torontohousingmarket.com
This time, it found out that for Toronto, Winnipeg, and Regina, the overall assessment of risk is high. The source of risk varies from city to city. In Toronto, real estate prices skyrocketed. The city's high overall risk comes from price acceleration ... [...]
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Brad Carr Of Mattamy Homes, Canada's Largest Homebuilder, Fears 'Scary' Future …
torontohousingmarket.com
The report also identified overbuilding as a risk in Toronto's housing market. As recently as this April, CMHC had deemed Toronto to be at "moderate" risk of a correction. But the report identified Vancouver, Canada's priciest housing market, as having ... [...]
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Housing correction risk is “low” in Calgary: CMHC
torontohousingmarket.com
Toronto's housing market faces a high risk of a correction as soaring home prices this year have outstripped income growth even as the city is facing a rising supply of new condos, Canada's federal housing agency warned Thursday. In April, Toronto was ... [...]
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Tim Hortons co-founder named in $7.5M sexual molestation lawsuit
torontohousingmarket.com
The startling allegation was revealed in an affidavit by businessman Hunter Milborne filed in the woman's lawsuit against Joyce. Milborne is a fantastically rich Toronto real estate tycoon, who's been called the “Dean of Condos” and is credited with ... [...]
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What's sizzling, what's fizzling in Canada's housing markets
torontohousingmarket.com
Vancouver homeowners are also doing well, but trail Toronto by a few blocks at just shy of 23 per cent, according to the latest MLS home price index reading released today. For Canada as a whole, prices are up about 24 per cent over the past five years. [...]
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NDP leader Mulcair sees 'serious danger' in Canada's housing market
torontohousingmarket.com
Federal NDP leader Thomas Mulcair says he's seeing serious dangers in housing markets where prices have climbed too high and warns Canadian could be in for a “terrible surprise.” In an interview with BNN, Mulcair said historically low mortgage rates ... [...]
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