Canada’s Regions Are Experiencing Current Economic Conditions Very Differently.

By: Arman Azar

Canada’s Regions Are Experiencing Current Economic Conditions Very Differently.

Tags: realestate news, realestate, toronto realestate, gta news, toronto, gta

While the economy appears to be humming in Ontario, Quebec and British Columbia, with businesses confident about sales growth, hiring plans and investment intentions, the picture is markedly less positive in the Prairies as the energy sector struggles.   The Bank of Canada found a slight improvement in business sentiment in Canada, despite fears of rising global trade tensions and a potenti...Read More

IMMIGRANTS BUY 21% of Houses in GTA

By: Arman Azar

IMMIGRANTS BUY 21% of Houses in GTA

Tags: homes in toronto, toronto house pricing, toronto, gta, toronto realestate news, gta house market, gta condo news

Summary: Immigrants buy 21 per cent of houses and may purchase 680,000 homes during the next five years, a Royal LePage poll showsEnter Blog Post Here More evidence of a red-hot real estate market came on Wednesday when the Toronto Real Estate Board reported that condo sales in the third quarter rose11.1 per cent compared to the same period last year. Newcomers to Canada account for more than a ...Read More

September was HIGHEST PRICE GROWTH in 2019

By: Arman Azar

September was HIGHEST PRICE GROWTH in 2019

Tags: realsestate news, gta homes, gta realestate, updated home prices, trending home prices, toronto homes, toronto realestate

SUMMARY: The annual rate of price growth in September reached the highest point so far in 2019. The MLS® Home Price Index (HPI) Composite Benchmark was up by 5.2 per cent on a year-over-year basis in September. Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area represented strong year-over-year sales growth of 22 per cent compared to 6,414 sales reported i...Read More

Condo Prices vs House Prices

By: Arman Azar

Condo Prices vs House Prices

Tags: Gta home, gta condos, Toronto Condo realestate, Condo realestate, Toronto home for sale, Toronto Condo for sale, Toronto home Prices, Toronto, GTA

THERE IS QUITE A DISTINCTION BETWEEN THE CONDO SALES AND HOUSE SALES IN TORONTO. CONDO VALUES HAVE BEEN AND ARE INCREASING CONSISTENTLY IN THE LAST 15 YEARS BUT IT HAS STARTED TO FORM A BUBBLE JUST LIKE THE HOUSES WERE UNTIL A FEW MONTHS BACK. ON THE OTHER HAND THE HOUSES IN TORONTO HAVE DECREASED IN VALUE AT LEAST 20% SINCE MAY AND OVER 30% IN SOME NEIGHBORHOODS. IN RESPONSE TO NEW LAWS IN TORONT...Read More