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July 2016 - Posts

BC’s action could be bad news for Toronto
While there is no consensus on whether the 15 per cent tax on foreign home purchases in Metro Vancouver will cool any of the heat in the market, there could be a consequence elsewhere. Some analysts are suggesting that rather than pay the additional cost Read More...
Doubled in a decade – the high rise of low rise
Low rise homes in the Greater Toronto Area have more than doubled in price in the past decade; average appreciation in the past year alone was $100,000. The average price of a new low-rise home hit $887,543 in June, the Building Industry and Land Development Read More...
Toronto condo landlords find tenants in 17 days on average
Photo: SAiM/Flickr Low supply is driving up prices: it’s a dynamic playing out in the Toronto resale housing market, observers say, and it’s a similar story for the city’s rental segment, suggests a new report from Urbanation. In the Read More...