The COVID-19 Pandemic Shifts Homebuyers’ Priorities

March 31, 2020 Andra Hopulele 0

The COVID-19 outbreak has initially brought a wave of uncertainty, followed almost immediately by a period of stagnation in almost all industries and more recently by economic measures aimed at containing and limiting the economic ripples caused by the disruption in activity. One segment that is seeing some changes is the housing and real estate market. In Canada, many of […]

Sales and Prices Surge in the 905 Housing Market This February

March 18, 2020 Danielle Kubes 0

By: Zoocasa The 905 real estate market experienced explosive growth along with the City of Toronto this February, according to the latest report by the Toronto Regional Real Estate Board (TRREB).  Detached home prices in the 905-area markets were up 14.1% to $1,017,573 while condo units jumped 19.3% to $534,688. Meanwhile, prices for 416 condos rose 18% to $722,675 and 14.4% […]

GTA Housing Market Almost Fully Recovered in December: TREB

January 30, 2020 Danielle Kubes 0

By: Zoocasa The Toronto Real Estate Board (TREB) reports that the housing market has undergone almost a complete recovery in 2019. The rockiness seen in late 2017 and throughout 2018 due to the tighter mortgage lending rules and the Ontario Fair Housing Plan has been almost entirely offset. Prices in December have now surpassed those posted in the 2016 and early […]

The Pros and Cons of Buying First vs. Selling First

January 13, 2020 Sean Cooper 1

A big decision when you’re looking to move is, should I buy first or sell first? It depends. It depends on the real estate market you’re buying and selling in, your tolerance for risk and whether you can afford to carry both home if possible. Let’s look at the pros and cons of buying first versus selling first to help […]

Toronto housing market sees strongest annual price jump this November

December 13, 2019 Danielle Kubes 0

By: Zoocasa November saw the strongest annual growth for Toronto property prices, reports the Toronto Real Estate Board (TREB). Property prices for houses for sale in Toronto climbed 7% from November 2018 to $843,637. November likely picked up because buyers have adjusted to new market conditions, which include tighter mortgage lending rules and policies from Ontario’s 2017 Fair Housing Plan. Sales […]

Toronto Home Sales Remain Robust this October: TREB

November 30, 2019 Danielle Kubes 0

By: Zoocasa The Toronto housing market is officially on the rise, with prices rising above inflation this October. The Toronto Real Estate Board reports Greater Toronto Area  prices rose 5.5% year over year to $852,142. In the 905, single-family homes rose 4.2% to $952,574, semi-detached homes grew 4.7% to $690,599, townhouses just 2.7% to $638,672 and condos a whopping 10% to […]

Property Investing in the UK

October 29, 2019 Ruban Selvanayagam 0

If you’re thinking of trying your hand at overseas property investment, the UK may provide some surprising opportunities.  At first glance, it may seem like a gamble to put money into the economy of a country that is currently embroiled in a struggle to leave the European Union, but in actual fact, now may actually be the best time. Here, […]

Suburban Property Prices Outpace the 416 this September

October 8, 2019 Danielle Kubes 1

By: Zoocasa Property prices in the suburbs of the Greater Toronto Area are outpacing those in the 416 this September, according to the Toronto Real Estate Board’s monthly housing report.  While the average selling price for all home types across the entire GTA was up by 5.8% to $843,115 year over year, much of that growth is due to the 905.  […]

Is the 416 Just Too Expensive for Home Buyers?

September 21, 2019 Danielle Kubes 1

By: Zoocasa The City of Toronto appears to simply be getting too expensive for prospective buyers. The Toronto Real Estate Board released its August report detailing MLS data and the state of the housing market recently and the figures are astonishing. Sold house prices in Toronto rose 0.3 year over year to $1,246,392 — but that doesn’t tell the full story. […]