First, a little PRICE DROP – SUMMERHILL 125 Macpherson Avenue From the falling snow and the snow on the ground in this listing picture, you get an idea of how long this house has been on the market. This 2+1 bedroom, 4 bathroom semi on an 18.75 x 12 foot lot has been listed since March. The […]
Sky-high home prices are a vote of confidence in Toronto’s future ?
Maybe not. Check this out … Hong Kong people are dying to leave the island – Home of the #1 Bubbly Real Estate in the world Recent report by WSJ: Cost of Living Push Hong Kong Residents Overseas Prior to 1997, a flood of residents left Hong Kong’s shores, worried about what would happen when the […]
Toronto homes more popular than Hollywood stars
Junction home sells for $907,000 — $138,000 over asking — while West Mount Pleasant abode sells for $40,000 over at $699,000 The Junction Location: 400 Quebec Ave., Annette St. and High Park Ave. Asking price: $769,000 Selling price: $907,000 Previous purchase price: $52,000 (1973) Size: about 2,800 sq. ft. Lot: 23 by 160-ft., no garage, front yard drive, one parking space […]
GTA Home Sales Update – June 2013
MARKET UPDATE: GTA Home Sales Update – June 2013 NOTE: While TREB statistics include several municipalities not located in the Greater Toronto Area (GTA), the following analysis is for GTA municipalities only: Toronto home prices up but rising mortgage rates could spell trouble: economists TORONTO – The average sale prices of Toronto homes continued to climb […]
Toronto Home Prices Appear To Have Tanked A Little ?
Latest update from Lil Bird seems to suggest prices have indeed receded in Toronto … I’d investigate and revert back to you shortly. New Listings Sat Jul 6 Open Map C2636178 – M6A – 21 REPLIN RD Toronto, Ontario – $441,900 Price Change. Jul 6: $441,900 Jul 3: $444,900 May 14: $449,900 Spacious & Ready […]
Toronto Real Estate: Imminent Demise Or Forever Booming ?
They say … Rising interest rates may send Toronto home prices tumbling By Torstar News Service A sustained rise in interest rates of just one per cent could cause Toronto area home sales to tumble by 15.3 per cent and prices to decline by 5.8 per cent by 2015, predicts a veteran housing analyst. Even […]