Toronto real estate market stays hot

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Toronto real estate market stays hot

 Toronto home sales continue to soar, thanks to an upswing in consumer confidence paired with lowered interest rates, market experts say.

“As we become more confident that we will begin to see economic recovery at the end of this year and even more so as we move through 2010, confidence has rebounded in people’s ability to purchase and pay for a home over the longer term,” said Jason Mercer, the Toronto Real Estate Board’s (TREB) senior manager of market analysis.

This week, TREB reported mid-month sales of 3,666 – a 84% increase from last November.

Sales for the month of October totaled 8,476, with new homes representing 4,150 of these – according to the Building Industry and Land...
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GTA home sales double in November

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GTA home sales double in November

The region's housing market has returned to the “healthy levels” of the pre-recession boom, Toronto Real Estate Board says

 

Stuart Paterson

Toronto — Globe and Mail update Published on Thursday, Dec. 03, 2009 11:40AM EST

November housing sales in the Greater Toronto Area have doubled since the same month last year, according to the Toronto Real Estate Board.

There were 7,446 sales of single family dwellings in November 2009, up significantly...
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Mississauga enters new phase of city-building

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With City Centre now largely built out, costs are rising to meet Toronto average

TERRENCE BELFORD

From Friday's Globe and Mail

October 17, 2008 at 12:00 AM EST...
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What condo purchasers need to watch for

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Plenty of pitfalls for the first-timer

From Friday's Globe and Mail

October 31, 2008 at 12:00 AM EST

Ask anyone who has bought a new condominium suite recently and they will tell you: (a) it is not like buying a house, (b) it is not like buying a resale condo, and (c) unless you are prepared, the...
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Sheppard corridor booms on affordability

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"Historically, north Yonge was one of the busiest submarkets but that area is pretty much built out now and the Sheppard corridor is fast taking over."

TERRENCE BELFORD

From Friday's Globe and Mail

November 7, 2008 at 12:00 AM EST...
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