Entries by Mahyar Rezapour

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GTA condo apartment sales up 3.2% in the second quarter

The market for condo apartments remained strong in the Greater Toronto Area in the second quarter. Greater Toronto Realtors reported 7,038 sales of condo apartments through the Toronto Real Estate Board’s MLS in the three months, up 3.2% compared to a year earlier. New listings for the sector were down 3.5% year-over-year to 11,110; and […]

TORONTO CONDOS THAT ALLOW SHORT-TERM RENTALS

In a city full of condos, you may be surprised to know that there are only a handful of Toronto condos that allow short-term rentals. Albeit, there are many condo owners and renters that choose to ignore the short-term rental policy their condo building may have in place, but that’s a conversation for another day. […]

GTA condo market posts strong Q2-2019 results

Urbanation released its Q2-2019 condo market results for the Greater Toronto Area this week. It was a robust quarter, following a slower Q1. Here are a few highlights: – 8,902 condo units were sold across the GTA in Q2-2019. This is the second highest Q2 level on record after Q2-2017 (11,413 sales). – The average […]

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RENT VERSUS BUY TORONTO 2019

RENT OR BUY TORONTO 2019 With every passing year it seems that, for many, the dream of moving from renting to buying a home in Toronto slips farther and farther away. Many are posing the question, when will the Toronto real estate market crash in hopes of a price drop to get their foot in […]

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Luxury home sales have Canada split down the middle

It’s east versus west when it comes to the upper echelons of Canadian real estate. A new report from brokerage Sotheby’s International Realty Canada highlights the chasm separating the luxury segments of housing markets on either end of the country. Price and sales performance of top-tier residential properties in Toronto and Montreal provide a stark […]

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Condo prices continue growing the fastest in red-hot Toronto

Amid sustained high levels of demand, condos continued to be the fastest appreciating residential property type in the Greater Toronto Area, according to the latest Royal LePage House Price Survey. The region’s condo units enjoyed a 7.2% year-over-year increase during the second quarter of the year to reach $542,203. In comparison, growth in the other […]