The article below is the TREB President’s Column that appears every Friday in the Toronto Sun’s Resale Homes and Condos section. This weeks article explains how the MOI indicator, Months of Inventory indicator that was recently introduced, reflects current market conditions and what expectations can be for the year ahead….
Time To Invest: Rental Market Heats Up
September 27, 2011 by Leave a Comment
Thinking about purchasing an investment property to rent? If so, now might be the time. Last week TREB (Toronto Real Estate Board) released a report on the Toronto Rental market, showing that the rental market is continuing to tighten, thus leading to higher rents. According to the report the number…
Analysis: Condo boom may avoid crash on demographics
July 12, 2011 by Leave a Comment
Check out the article below from Reuters Canada regarding condominiums and demographics helping to avoid a market crash in that sector. Mon Jul 11, 2011 TORONTO (Reuters) – Canada’s booming condominium market, which has filled the skylines of its biggest cities with cranes and prompted a warning from its central…
In The News: Canada new home prices beat estimates in May
July 8, 2011 by Leave a Comment
Canada new home prices beat estimates in May Financial Post Jul 7, 2011 OTTAWA — New home prices rose 0.4% in May, following a 0.3% gain in the previous month, Statistics Canada said Thursday. Economists had expected prices to rise by 0.2% for the month. The federal agency said the…
Market Watch: Toronto Sales and Prices both rise in June
July 6, 2011 by Leave a Comment
Greater Toronto Realtors report on June Resale Market Greater Toronto Realtors reported 10,230 home sales through the Toronto MLS® system in June 2011 – up 21 per cent compared to June 2010. This number represented the third best June result on record behind 2007 and 2009. The number of transactions…