Toronto Market Update for August 2019

11 September 2019
Life and the City

Last month in August, the Toronto market saw a surge in sales and a drop in inventory, leading to the largest price growth in 18 months. There was a flurry of activity at a time of year when the market typically slows down, and data shows that there were improvements for most sales numbers in August, year-over-year. Here's your Toronto Market Update for August 2019!


The First-Time Home Buyer Incentive | What You Need To Know

04 September 2019
Life and the City

A new federal program called the First-Time Home Buyer's Incentive (FTHBI) has just launched, and applications are being accepted until November 1st, 2019. Here's what you need to know about it!


Toronto Market Update for April 2019

16 May 2019
Life and the City

New listings rose 8.2% last month in April compared with the same month last year, but at 12.2%, the annual growth rate of sales outpaced the rise in new listings. This dynamic means that market conditions are tighter, so price increases may accelerate.


Toronto Market Update for March 2019

12 April 2019
Life and the City

Last month in March, the average sales price for all property types combined across the 416 was $830,043, representing an 11.6% year-over-year decline. A 2% jump in inventory on the market lead to slightly more options for buyers, which was a contributing factor in this sales price decline. Meanwhile, the overall number of sales for all property types declined by 9% over March of last year.


Toronto Market Update for February 2018

14 March 2019
Life and the City

Toronto home sales were down last month in February, while selling prices continued to rise, as a result of very low inventory available on the market. Now, with the weather finally becoming more mild and spring-like, it's about that time of year when we begin we see more properties listed for sale - great news for inventory, and for buyers who have been waiting for the opportunity to find their perfect home.


Smart Investing Info Series: Spring 2019 Sessions

05 March 2019
Life and the City

We're very excited to announce the launch of our new Smart Investing Info Series! The sessions in this series are designed to provide valuable information, insights and advice that will help you understand how to invest smartly in Toronto real estate. Here are all the details on our first two sessions: "Building Your Real Estate Portfolio" and "Rent Or Buy?"


Toronto Market Update for January 2018

19 February 2019
Life and the City

Last month in Toronto, we saw detached home prices decrease by 8.5% and townhome prices were down 9.9% from the same time last year. Meanwhile, sales prices for Toronto condos continued their upward trajectory with an increase of 8.8%, and semi's were up by 6% year-over-year.


What to expect in 2019 for interest rates in Canada

21 January 2019
Life and the City

Alain Lavoie, Mortgage Broker with Capitol Home Lending, provides an overview of what we can expect for interest rates in the coming year.


March 2018 GTA Market Update

12 April 2018
Life and the City

Last month in March, we saw a considerable year-over-year shift in both sales numbers and inventory. Numerous factors including the new mortgage stress test requirements, a modest increase in mortgage rates and lower sales of higher-priced luxury homes across the GTA influenced these results.


Q&A Series: How the New Mortgage Rules Might Affect You

29 January 2018
Life and the City

In 2017, Canada posted year-over-year residential price gains across most regions. Now in 2018, many housing markets could see reduced purchasing power resulting from the new OFSI mortgage rules that took effect on January 1st. If you’re among the 37 per cent of Canadians who are not aware of the change in mortgage rules and how they might affect them, read on...