Toronto’s real estate market moves into negative territory

Well, its official… Toronto’s real estate market has shifted into negative territory in its average price.  The October market marked the first month to month price decline (0.6%) since late last year.  Toronto’s real estate market has continued to soften since the new mortgage rules went into

CREA: Canadian resale housing activity stabilizes in October

According to CREA statistics released today, there has been little change in homes sales activity nationally.  Month-to-month change in activity from September was-0.1%, pointing to a more stable national real estate market in October.  Sales activity did improve in half of the nationals major local housing markets.  This included both Toronto and Vancouver, however, sales […]

REPORT: Irresponsible lending uncovered in Toronto condo market report

According to a report produced by equity research firm, Veritas and reported by Huffington Post Canada, serious questions are now raised about the possibility of irresponsible lending practices in the Toronto condo market.

What you need to know about the housing bubble

Giving thanks to tighter banking regulations and lending standards, Canada has been able to sidestep out of control housing prices.

Introducing the MLS® Home Price Index

The Toronto Real Estate Board (TREB) has developed a new system to measure home prices and home price growth: the MLS® Home Price Index (MLS® HPI).