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Toronto Landlords Could Wait Years for Hearings as LTB Backlog Worsens

Landlords relying on the Ontario Landlord and Tenant Board (LTB) to solve a dispute are in for a long wait, according to a recent report which shows that the under-pressure tribunal remains in a state of crisis. The report, issued by Ontario’s ombudsman, blasts the LTB for “excruciatingly long delays”, blaming the situation on severe …

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Buyers Are Back – Latest TRREB Report Shows Upswing in Toronto Real Estate

After several lackluster months it appears buyers are coming back to the GTA housing market, leading to an uptick in prices as competition heats up. While both sales and prices are down from the same period last year, the average selling price of a home in the GTA rose slightly to hit $1,108,606 in March, …

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Looking to Invest in Toronto Real Estate? Now’s The Time to Buy

Given the recent volatility of Toronto’s real estate market many would-be property investors have been biding their time, waiting for prices to slump. Last month, they got their wish.  The February report from the Toronto Regional Real Estate Board (TRREB) shows a big drop in average home prices across the GTA as the market corrects …

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Latest TRREB – Sales Dive But Prices Remain Mostly The Same

House sales across the GTA may be dropping but prices are staying flat, according to the Toronto Regional Real Estate Board’s (TRREB) latest forecast which indicates that affordability remains an ongoing challenge in the market.  There were 5,627 home sales in Toronto this August – a 34.2% drop since the same period last year. Prices, …

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Upswing for Home Prices & Sales in May 2016: Toronto Real Estate Board

  The GTA and Toronto real estate market is continuing its upward trend, according the Toronto Real Estate Board’s Market Watch for May 2016. Both total number of home sales and prices are up across the board. The big news – 15% overall increase in home prices The MLS® Home Price Index Composite Benchmark was …

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Top Performers in the GTA and Toronto Real Estate Market

Houses to Rent in Toronto Suburbs – Real Estate Toronto Toronto Real Estate Market Feb 2016 — Top Performing Areas View The GTA’s top performing housing markets in a full screen map Toronto’s Suburbs are becoming increasingly popular–and with good reason! It was another record-breaking month for the Toronto Real Estate Market and the rest …

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Unattractive Investment Property

The Ugly Duckling — Transforming an Unattractive Investment Property into a Beautiful Swan If you’ve been itching to purchase an investment property in Toronto, then you probably know that pickings have been pretty slim lately. Move-in ready houses with curb appeal are often the subject of bidding wars and come with a hefty price tag. …

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Unexpected Figures Entering Fall — TREB MLS® Market Watch September 2015

In recent news, you may have heard rumours that buyers were “treading more cautiously” as they entered the fall market. The opposite couldn’t be truer in Toronto. This morning, Toronto Real Estate Board President Mark McLean announced that Greater Toronto Area REALTORS® reported a record number of transactions for the month of September through TREB’s …

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Toronto’s Hot Real Estate Market Expected to Surge if Bank of Canada Cuts Rates Again

If you think housing prices in Toronto are high now, brace yourselves.  Industry experts and economists expect them to surge as Canada’s biggest city saw another record month in June. Last week, newly appointed Toronto Real Estate Board President Mark McLean announced that GTA REALTORS® reported 11,992 sales through TREB’s MLS® System in June 2015.  …

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Toronto Real Estate Board Market Watch — Record Sales for May 2015

The shortage of active listings reported through Toronto MLS ®, drives demand and average selling price of homes up With the average selling price of a home in Toronto currently sitting at $649,599—it’s safe to say that Toronto’s real estate market shows no signs of cooling down this summer.  Last week, Toronto Real Estate Board …

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