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Jason Mercer – Director, Market Analysis, discusses the Market Watch Report for July 2015

Toronto Assignments for Sale   We are the condominium experts in Toronto: assignments for sale, pre-construction investments, condominium resales, and rental management. Assignments are scenarios in which the owner of a condo purchased or secured prior to construction assigns, or sells, the purchase agreement for that condo. The seller is …

When you think Toronto condos, you don’t think townhomes, you think skyscrapers. In Toronto, condos don’t just dot the skyline, they blanket it. As of 2015, in Toronto proper alone, 65 residential and commercial skyscrapers stood at 140 metres (about 35-40 floors) or more. The tallest and largest all-residential skyscraper …

The condo housing boom is back in Toronto! Pre-Construction sales of condo units are breaking records as record numbers of projects are being given the green light. These sales are increasingly made to investors in recent years to the tune of 70% of all sales at this writing. There are …

  In Toronto, new condos are completed at the rate of 2-3000 per month and the number of condo units under construction is consistently in the range of 40-50,000. The housing boom in Toronto continues to surge in 2015 after flagging slightly (everything is relative) in 2014. Growth in the Toronto …

Canada’s luxury home market running hot and cold Canada’s luxury home market is either hot or cold — depending on where you live. A biannual study of luxury homes — those worth more than $1 million — in four of Canada’s largest cities found two very different results. While luxury real estate is going …

A series of charts summarizing key residential statistics for the GTA. Click here for complete list of charts

There is no housing bubble in Canada: Finance Minister Joe Oliver Canadian Finance Minister Joe Oliver said he’s confident the country’s housing market isn’t in a bubble, setting aside any further action to curb activity. The government, which has made four changes to housing finance rules since 2008 to cool …

Report Q4 Resale Condominium Figures January 16, 2015 — Toronto Real Estate Board President Paul Etherington announced that there were 4,975 condominium apartment sales reported through the TorontoMLS system in the fourth quarter of 2014. This result was up by 8.3 per cent compared to the fourth quarter of 2013. Download …

Report Monthly Resale Market Figures February 4, 2015 — Toronto Real Estate Board President Paul Etherington announced a strong start to 2015, with robust year-over-year sales and average price growth in January. Greater Toronto Area REALTORS® reported 4,355 home sales through the TorontoMLS system during the first month of the …