Tags » Toronto Real Estate Board

Morneau not finished addressing hot housing markets: 'There are clearly supply issues in … Vancouver and Toronto'

Finance Minister Bill Morneau says he recognizes supply issues are at least partly responsible for fast-rising housing prices in booming cities such as Toronto and Vancouver, and is not ruling out further targeted reforms to cool Canada’s real estate market. 840 more words


Are federal mortgage rules actually working? Not really.

Countrywide housing data for February will be out Wednesday, but we already know what happened in the two biggest markets: sales continued to slump in Vancouver, while prices continued to soar in Toronto. 1,070 more words


Biggest factor in Ontario's red-hot housing market is demand: finance minister

TORONTO – Ontario’s finance minister said Friday that while he is considering a tax on foreign home buyers for Toronto and beyond, it’s not the biggest factor when looking at ways to cool the housing market. 541 more words


Price of homes sold in Greater Toronto Area in February up 27.7% from year ago

TORONTO – Limited supply drove housing prices higher in the Greater Toronto Area last month, with detached homes in the city breaking through the $1.5 million mark for the first time, according to the… 546 more words


Toronto’s million-dollar house contagion has now officially spread to the suburbs

The continued demand for detached homes across the Greater Toronto Area drove average existing prices across the city up almost 28 per cent in February, pushing the price of a suburban house beyond $1 million for the first time. 621 more words


Chasing the Canadian dream: The real force driving the housing boom in our big cities

The mayor of Caledon, a town of about 60,000 northwest of Toronto, says government can try all it wants, but the dream of owning a home will persevere. 1,584 more words


The New Danger to Toronto's Rental Pool

There should be no surprise to anyone that we are seeing significant competition for rental suites in the city. Last week an agent in my office scoured MLS to find 21 condos that met the size, location and price for his client. 604 more words