Posts Tagged ‘toronto

Today the Globe and Mail reported that Zoocasa has agreed to post home appraisal values from Centract Settlement Services, an appraisal company owned by Brookfield Residential Property Services (who are also connected to Royal Lepage). The front page of the Report on Business shows a picture of Realtor.ca, Zoocasa, and Zillow. Although the article does […]

There were two articles in the Globe and Mail newspaper recently discussing the Baby Boom Generation. One was an article by Rob Carrick. Rob discusses the size of the Baby Boom Generation (born in the years 1946 and 1965), plus their affect on the housing market. The other article was written by Chris Atchison. Chris […]

On Saturday October 15th, there will be a demonstration in down town Toronto. The gathering will be in the name of the recent “Occupy” movement that has staged protest rallies in cities throughout the United States. Today several Toronto Unions have thrown their support behind the movement. There will be buses of union workers coming […]

So the stock market has dropped by 10% this year. The interest rate on a GIC is 1-2%. But housing prices increased by 10% in September. The Toronto real estate board just reported that the amount of sold homes increased by 25% in September and the average price increased by 10%. Wow! This is great […]

The toronto real estate market has always been strong but now, with the addition of two projects currently under construction, those being the tower condominiums called Studio and Studio 2, the activity in the high-rise condos toronto area has become decidedly more lively and the sales are strong! Studio and Studio 2 are towering examples […]

Although demand for Toronto properties still outstrips the supply, creating a sellers’ market, nevertheless shoppers in search of high-rise condominiums in Toronto have the luxury of taking their time and holding-out for everything they want. The combination of urban redevelopment initiatives and new construction brings exquisite new properties onto the market almost daily. Especially in […]

One of the most sophisticated, diverse, eclectic, and vibrant cities in the world, Toronto is emerging as a leading center of commerce and finance, yet it remains one of the world’s most livable cities. Long before environmental concerns became Topic A in civic discourse, visionary Toronto city planners had launched urban redevelopment initiatives guided by […]

The Toronto Condo market has traditionally focused on the down town core. Thousands of new condo have been built in down town Toronto. Between Dundas and Queens Quay, almost every inch of the city is either a condo or a high rise office building. Even the Toronto Maple Leafs and Donald Trump are building condos […]

You’ve heard it before. It’s all about the location. While that is true there are many other factors to consider when looking to buy a Toronto condo. Lifestyle is certainly an important consideration. If you want to be near the “bright lights” of the big city you may decide to shop around in the downtown […]

There are only three home for sale in my neighbourhood. One for $649,000, one for $689,000 and another was just listed for $699,000. These three homes provide an excellent example of why it is extremely important for buyers and sellers to obtain a good comparative market analysis. Without knowing what other homes have sold for […]

For sale by owner is the process of selling a home without using a real estate agent. In the private sales process, Sellers work to find a buyer for their home by marketing their own property. Home owners selling their own home because they want to take more control of the process and save thousands […]

Everyone has their budget for buying their next home. This “budget” starts out at an amount that the buyers know they can comfortably afford. Then buyers typically end up putting in offers for the maximum that they can afford, and eventually they end up buying the home for much more than they can afford, and […]

You might have to accept apologies on this blog post because it might see somewhat like a rant. But seriously, how much money should Canadians be expected to pay for a home? How much debt should a family take on in order to have a home in a good neighbourhood in Toronto. Perhaps some people […]

Apple, Lululemon, and now PropertySold.ca. Brands and companies that personify quality, style, and functionality. PropertySold.ca is Canada’s premier real estate advertising website. We are synonymous all things real estate. Buyers and sellers visit our company for many reasons. Sometimes it is to advertising a home for sale by owner, or to post a FSBO home […]

The Toronto Real Estate Board released their real estate statistics for July 2011. There were 7,922 homes sold in July. This was 23% more than July 2010. This shows that the real estate market in Toronto is continuing to be very healthy. Although, despite the large increase in July, since the beginning of 2011, total […]

When most people buy a home, they generally need to make compromises. Many people need to work within their budget and this forces them to decide between different neighbourhoods, different styles of homes, new kitchen, old kitchen, 3 bedrooms, 4 bedrooms. Unless you are a millionaire that can buy whatever you want, then you will […]

One of the most common Real Estate questions we receive at PropertySold.ca is “How can I sell my home myself and advertise on MLS.ca/Realtor.ca?”. This is a popular real estate question because home sellers want to be able to advertise their property on MLS.ca/Realtor.ca, but also save money. Many people these days want to do […]

For sale by owner is alive and well in Ontario. More and more people are selling their home by themselves (many are also being listed on MLS). Let’s look at the history of For Sale By Owner and some of the top cities for private sales. For sale by owner has always existed in Ontario. […]

There is a lot of discussion these days about home affordability, record high prices, asian buyers, sellers market, and multiple offers. Real estate, especially in Toronto, has always made headlines in the newspapers and on TV. But now as the average price for a detached home in Vancouver has eclipsed $1,000,000, and in Toronto $700,000, […]

The average price for a home for sale in Toronto in June 2011 was $476,371. This might seen unattainable to the average home buyer, because a 5% down payment would be $23,000 and the mortgage amount would be $453,000. Plus the buyer of Real Estate in Toronto would need to pay two Land Transfer taxes, […]

The Greater Toronto Area has completed another spectacular month of real estate. June’s results show that their are no signs of a real estate slowdown on the horizon. There was a 21% increase in the number of homes old in June, compared to June 2010. Home prices also jumped by 9.5%. For the first 6 […]

Some American friends were visiting us in Toronto. We took this opportunity to discuss the difference between the Canadian and US Real Estate Markets. We discovered some very interesting assumptions about both markets. The American housing market has lost close to 30% of it’s value over the course of the last 3 years. The American […]

It has been a little more than 3 months since PropertySold.ca launched our new website, including Real Estate Agent listings and a MLS Flat Fee Package. We are glad to report that June listings will hit a new record! In addition to the real estate agent listings and For Sale By Owner listings, approximately 100 […]

Toronto could easily earn the nickname “Condo City”, or perhaps “The Crane Capital of North America”. Currently there are 280 new condo developments being marketed in Toronto. Whichever area of the city you live in, you will see cranes and new condo developments. North York, Downtown Toronto, Scarborough, Vaughan, Markham…they all have new condo developments. […]

This week Mark Carney gave a speech to the Vancouver Board of Trade. Whenever Mark Carney talks, people listen. Of course listening is just the first step. After listening to what he says, you need to dissect the words carefully and try to extrapolate, or infer his meaning. Mark Carney will never say “housing bubble”. […]

Do Real Estate Agents Have Access To Special Real Estate Information, Hot New Listings, and Sold Prices? Some of the comments we hear from the general public include: “Real estate agents have access to the new listings first. You have to be working with an agent or you will lose out on ‘hot new listings’” […]

There are many factors that affect the price of housing. Supply, demand, jobs, geography, demographics, advertising, peer pressure, Government regulations (CMHC) and interest rates all affect house prices in their own way. Clearly interest rates have a definite impact on the price of homes. You could speculate that interest rates are the most important factor […]

Toronto can easily be described as a “commuter city”. More than 5 million people a day make their way to work. Many people work in down town Toronto, but live in the suburb. Travelling for 2 hours a day is routine for many people living in Toronto. Toronto East: Oshawa, Ajax, Pickering, Whitby, and Scarborough […]

Everyone wants to know “how much is my home worth?”. Everyone also thinks that they know “how much their home is worth”. But when it comes to selling a home, it is better to look from the buyer’s point of view and ask the question “how much would I pay to buy that home?”. Home […]

The Internet And Real Estate: As the internet started to enter the mainstream in the mid-nineties, MLS.ca/Realtor.ca began advertising homes for sale by real estate agents online. This was the first dramatic internet change in how homes are advertised in Canada. All real estate agents who have been in the business for more than 20 […]


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Canada Real Estate News

Real estate news in Canada including buy and sell information, local market updates, guides, tips for Canadians in the real estate market.