The average rent for a one-bedroom condo in the Toronto region has surpassed $2,000 for the first time, hitting $2,056 in the third quarter of 2018, according to market research firm Urbanation. Mr. Hildebrand, President, said he expects rents to moderate going into 2019 as more apartments […]
Toronto Mortgage Posts
Toronto Condo market set to level off in 2019
The Toronto condo market is set to level off in the first quarter of 2018, but not before the average downtown price per square foot crosses the $1,000 threshold for pre-construction units, says Shaun Hildebrand, senior vice-president of real estate market research firm Urbanation. Unsold condo inventory has […]
Toronto’s sizzling condo market slows down in 1st quarter, 2018
Toronto’s heated condo market looses some steam due to the growing development costs and some of the condo project cancellations. They have produced some caution into Toronto’s hot condo market, and with more project terminations likely yet to come, comments Urbanation, the development research company. Urbanation found that new Toronto […]
Owning or Renting Condo Apartments or Homes In Toronto
Owning or Renting Condo Apartments or Homes In Toronto Max Seal, Broker’s Comments: In Toronto as of now, we are in April, 2018. The question of “Owning or Renting Condo Apartments or Homes In Toronto” is a subjective one and the merits an demerits vary greatly between the prospective […]
Toronto condo prices up but home prices down in August, 2017
The Realtors and the Economists are finding a return to normal in Toronto’s housing market. A fourth consecutive month-to-month decline in median house prices has continued while condo prices are still going up. The Toronto Real Estate Board( TREB) reported that the average cost of a home in August — […]
