Toronto condo rentals up by 12%
From September through December 2009, TREB Members reported 3,859 lease transactions for condominium apartments and townhouses through the Multiple Listing Service (MLS®) – up 12 per cent from the 3,433 recorded during the same time in 2008. Condominium apartment transactions, which accounted for over 90 per cent of the total, were also up by 12 per cent. The weighted average rent across...
Read MoreToronto and Vancouver: Hottest Real Estate Markets in Canada
Toronto continues to wow real estate investors and buyers though the unbelievable pace of the city’s ability to bring in buyers and sell homes. Just one year ago, the city was seeing record low sales and home prices but how things change in only 12 months. These days, Toronto joins Vancouver as the hottest real estate market in the country, and quite possibly, North America as well. In fact, if...
Read MoreWill The Toronto Real Estate Market Continue To Rise In 2010?
As was expected by most experts, the Toronto real estate market continues to improve over the difficult years of 2008 and the first part of 2009. In just the first two weeks of January, 1,749 homes were sold. Last year, only 888 homes were sold during that same period. It should be noted that this was when the housing market was suffering at its worst, so the numbers are going to be quite low for...
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