Toronto’s detached real estate is having another rough month. Numbers from the Toronto Real Estate Board ( TREB) has been demonstrated that buyer indecision and substantial downward pressure to the detached home segment in July, 2017. Generally speaking, detached homes across TREB market area showed lower prices, less sales, and more inventory. Prices […]
Toronto Real Estate Bubble 2017
Toronto home sales fell, new listings go down as sellers retreat in July, 2017
Home prices continued to fall across the Toronto region in July, 2017 as purchasers stayed on the sidelines, but the tempo of growth of new listings also continued to slow as more sellers decided to wait for a better time to sell. The Toronto Real Estate Board reported the average sale price of all […]
Toronto home prices down for third month in a row in July, 2017
Toronto Real Estate Board( TREB) says a third consecutive month-to-month drop in home prices in the Toronto region in July, 2017. Although the average price for all types of residences was still 5 per cent higher year over year, it was down about 6 per cent from June to $746,216. The number of sales also fell […]
Toronto’s deflating run away housing prices, in one chart
Home sales in Canada’s largest metropolis slowed down for the third largest month in a row, according to numbers released from the Toronto Real Estate Board. That came as new listings rose nearly 16 per cent, and as active listings surged over the year before. The average house price still increased 6.3 per cent […]