Posted by: torontocondo | October 19, 2014

Toronto Home And Condo Average Price Mid-October

Toronto Home And Condo Average Price Mid-October:

Toronto Detached Homes average price $946,131 up 11.5%

Toronto Semi-Detached Homes average price $692,418 up 8.3%

Toronto Townhouse average price $508,232 up 2.6%

Toronto Condos average price $381,709  down -2.6%

The average price of a  Toronto Condo is determined by amenities, proximity to Transit or even friends in the building.

Where in Toronto do you want to live?

Search Now!

Each one of these Toronto Condominium Districts are more than enough to attract both Condo buyers and Condo renters.

Many of these Toronto Condos are very close to Rapid Transit and many of them offer work and play in the very same neighbourhood.

Take a look and be sure to call me to arrange showings for any Condos that may just interest you!

Iris Li is a ReMax Condos Toronto Realtor specializing in Toronto Downtown Condos, Condominiums, Town homes and Lofts.

Call today for a scheduled showing for any of these Toronto Condo properties or Toronto Single-Detached Homes!

Posted by: torontocondo | October 15, 2014

Toronto Average Home Prices Expected To Gain Slower

According to Realtor Royal LePage Real Estate prices now do not have much more room to increase but the average prices should not fall.

In the Royal LePage third-quarter report the average price of a Home in Canada rose between 4.4 per cent and 6.1 per cent compared to a year earlier.

The Canadian Real Estate Market is now experiencing a slowing in the rate of year-over-year price gains however Home prices are expected to grow in the months ahead but at a slower rate.

The average price of a standard two-storey Home rose 5.5 per cent from a year earlier to $441,714.

Detached bungalows average price increased 6.1 per cent to $405,101 and Condos average price increased 4.4 per cent to $257,377.

Once again the statistics from the Royal LePage report shows Toronto average Home prices and Calgary average Home  prices risings faster than the rest of Canada affecting the national Home price average.

Toronto Home And Condo Average Price September:

Toronto Detached Homes average price $951,792 up 11.5%

Toronto Semi-Detached Homes average price $689,414 up 12.2%

Toronto Townhouse average price $476,408 up 4.2%

Toronto Condos average price $395,505  Up 9.2%

The average price of a  Toronto Condo comes into the buying process as well as amenities, proximity to Transit or even friends in the building.

Where in Toronto do you want to live?

Search Now!

Each one of these Toronto Condominium Districts are more than enough to attract both Condo buyers and Condo renters.

Many of these Toronto Condos are very close to Rapid Transit and many of them offer work and play in the very same neighbourhood.

Take a look and be sure to call me to arrange showings for any Condos that may just interest you!

Iris Li is a ReMax Condos Toronto Realtor specializing in Toronto Downtown Condos, Condominiums, Town homes and Lofts.

Call today for a scheduled showing for any of these Toronto Condo properties or Toronto Single-Detached Homes!

Posted by: torontocondo | October 9, 2014

Toronto Condo Average Price September 2014

Toronto Condo and Toronto Home Prices Increase September 2014.

Toronto single family homes continue to be in great demand despite a shortage of Toronto MLS listings and the average resale price shows the interest that Home buyers are finding and bidding on desirable Toronto properties.

New listings for Homes were down -5.1% but the average price increased as buyers bid on both Toronto  Homes and Condos as well.

The average selling price for all Toronto Home types was $573,676, up 7.7 per cent year-over-year.

Toronto Condominium sales increased by 15.6 per cent with the average Toronto Condo average price increasing by 9.2 per cent to $395,505.

Toronto Home And Condo Average Price September:

Toronto Detached Homes average price $951,792 up 11.5%

Toronto Semi-Detached Homes average price $689,414 up 12.2%

Toronto Townhouse average price $476,408 up 4.2%

Toronto Condos average price $395,505  Up 9.2%

The average price of a  Toronto Condo comes into the buying process as well as amenities, proximity to Transit or even friends in the building.

Where in Toronto do you want to live?

Search Now!

Each one of these Toronto Condominium Districts are more than enough to attract both Condo buyers and Condo renters.

Many of these Toronto Condos are very close to Rapid Transit and many of them offer work and play in the very same neighbourhood.

Take a look and be sure to call me to arrange showings for any Condos that may just interest you!

Iris Li is a ReMax Condos Toronto Realtor specializing in Toronto Downtown Condos, Condominiums, Town homes and Lofts.

Call today for a scheduled showing for any of these Toronto Condo properties or Toronto Single-Detached Homes!

Posted by: torontocondo | September 28, 2014

Toronto Home and Condo Average Prices August Increase

The  Toronto Real Estate market posted stronger average Home sales in the month of August, up 2.8 per cent year-over-year to 7,600  sales.

The Toronto Real Estate Board reported the last full month of summer was a strong Home market with demand for all types of Toronto Homes that are still affordable to many.

The average selling price for all types of Toronto Homes is $546,303, an increase of 8.9 per cent from August 2013.

Toronto Detached Homes increased by 14.7 per cent to an average price of $902,428 in the City of Toronto.

Toronto Condos  gained 4.1 per cent climbing to an average price of $370,899.

The Toronto Real Estate Board is expecting average Toronto Home selling price to increase for the remainder of 2014

Toronto Detached Homes and Toronto Townhouses once again showed the strongest rate of  average price growth in August.

Iris Li, a Re/Max Condos Toronto Realtor specializes in both Toronto Downtown Condos and Toronto Luxury Homes for sale.

Call Today to view any of these fine Toronto Real Estate Properties!

Posted by: torontocondo | September 21, 2014

Toronto Condos More Affordable Than Toronto Single-Detached Homes

Toronto Downtown Condos

Toronto Downtown Condos

Toronto Condos Are More affordable in Toronto’s Housing Market

Let’s see how do we rate why Toronto Condos are Unstoppable?

  • Downtown Condo locations where you could never build a House
  • Convenience to downtown offices, many within walking distance
  • Maintenance free
  • So many entertainment possibilities Hockey,Basketball,Football and even Soccer
  • The best new approach to Urban Living in North America!
  • The best choice for new or resale Toronto Condos

The average Toronto Downtown Condo price, in September was $$441,568 in the Central (C01) Real Estate District and the average single-detached Home was $902,428 in the month of August.

Iris Li, a Re/Max Condos Toronto Realtor specializes in both Toronto Downtown Condos and Toronto Luxury Homes for sale.

Call Today to view any of these fine Toronto Real Estate Properties!

Search Toronto Downtown MLS Condos:

Bay College Condos For Sale,Rent

Yonge Bloor Condos For Sale/Rent

 

 

 

Posted by: torontocondo | September 16, 2014

Toronto Land Transfer Tax Reduction/Elimination

A recent poll of Toronto residents showed a majority of respondents supported a reduction or even an elimination of the Toronto Land Transfer Tax and they would be likely to vote for candidates in the municipal election that supported this.

This Toronto Home Buying Tax amounts to an average $8,000 for Toronto Home purchasers and many of the retirees and growing families want relief when they move to accommodate their changing lifestyles.

Results of this recent poll May15-May29

  • 51% would vote for candidates who support reducing this tax
  • 58% of Torontonians support reduction of the tax
  • 52% support increasing the rebate amount for first-time buyers
  • 67% of Toronto residents are considering moving outside Toronto for a home in the next two years
  • 56% of first-time Home buyers had to pay some of this tax as the average price of Homes has  increased with inflation

Other studies have found there is a loss of economic activity, a reduction of jobs, a loss of wages and salaries and a loss of resale Home transactions.

Iris Li, a Re/Max Condos Toronto Realtor specializes in both Toronto Downtown Condos and Toronto Luxury Homes for sale.

Call Today to view any of these fine Toronto Real Estate Properties!

 

Posted by: torontocondo | September 10, 2014

Vancouver Luxury Real Estate Market Detached Homes In Demand

Sales volume for Vancouver Luxury Homes sold over $3-million is set to break the record of 691 homes sold in 2011.

In Vancouver home sales of $3-million is the new $1-million as 55 per cent of Vancouver detached homes in the City of Vancouver are assessed at $1-million or more as of July 1, 2013.

Confidence in the Vancouver Real Estate Market continues as expectations were rich immigrants would avoid buying in Vancouver due to the recent scrapping of the Federal Immigration investor program however home transactions selling at $3-million or more are heading towards a new record.

The Real Estate Board of Greater Vancouver said total sales for Vancouver detached homes, Condos and Townhouses climbed to 2,771 in August up 10.2 per cent from the same time last year.

Vancouver continues to see higher transaction prices compared to Toronto, perhaps because there are fewer Luxury detached homes for sale and perhaps more valuable locations and views in beautiful Vancouver.

Iris Li, a Re/Max Condos Toronto Realtor specializes in both Toronto Downtown Condos and Toronto Luxury Homes for sale.

Call Today to view any of these fine Toronto Real Estate Properties!

Posted by: torontocondo | August 9, 2014

July Toronto Real Estate Market Update: Average Home Prices Up

The  Toronto Real Estate market posted stronger Home sales in the month of July, up 10 per cent year-over-year to 9,198 sales, the second best July results on record.

The Toronto Real Estate Board reported the second half of 2014 is starting off strong with demand for all types of Toronto Homes that are still affordable to many.

The average selling price for all types of Toronto Homes is $550,700, an increase of 7.5 per cent from July 2013.

Toronto Detached Homes were up by 11 per cent to an average price of $880,433 in the City of Toronto.

Toronto Condos that were well supplied gained 4.7 per cent climbing to an average price of $372,002.

The Toronto Real Estate Board is expecting “strong demand for ownership Housing” and strong average price increases for the remainder of 2014

Toronto Detached Homes and Toronto Townhouses showed the strongest rate of  average price growth in July.

Iris Li, a Re/Max Condos Toronto Realtor specializes in both Toronto Downtown Condos and Toronto Luxury Homes for sale.

Call Today to view any of these fine Toronto Real Estate Properties!

 

Posted by: torontocondo | July 24, 2014

Toronto Home And Condo Sales Surge Defying Summer Slowdown

Toronto Condos have seen a surge in buying activity this Spring as first-time buyers show their strength as sales jump 15.4 per cent.

The average price for a Toronto detached Home was $865,635, up by 8.8 per cent on a year-over basis and the average Toronto Condo price was $396,078 during the same time, mid-July.

That huge price difference is making many Home buyers consider Condos in Toronto as an alternative life-style.

Even the average price for a Toronto Townhouse was $498,907, up 12.3 per cent. That is almost $100,000 more than the average Toronto Condo!

Toronto semi-detached Homes and Toronto Townhouses showed the strongest rate of  average price growth mid-July.

Iris Li, a Re/Max Condos Toronto Realtor specializes in both Toronto Downtown Condos and Toronto Luxury Homes for sale.

Call Today to view any of these fine Toronto Real Estate Properties!

Posted by: torontocondo | July 15, 2014

Toronto Luxury Home Sales Increasing First Half 2014

Sales of Toronto Luxury Homes were up 34 per cent in the first half of 2014 according to a recent Real Estate report.

Homes that cost at least $1 million are booming in Canada’s four largest cities, Toronto, Vancouver, Calgary and Montreal.

In the first half of 2014 Luxury Home sales in the million-dollar-plus category increased more than 30 per cent in Toronto and Vancouver compared to the same time last year.

Many of these same Luxury Homes sold above the listed price showing the demand for these Homes.

The most expensive Luxury Home sold in Canada was in Vancouver listed at $15 million.

Increased consumer confidence, low mortgage lending rates and strong economic results are expected to increase all Real Estate Markets towards the end of 2014.

Toronto Home And Condo Average Price Mid-June:

Toronto Detached Homes average price $941,813 Up 7.5%

Toronto Semi-Detached Homes average price $702,782 Up 10.3%

Toronto Townhouse average price $485,394 up 7.2%

Toronto Condos average price $397,942  Up 5.7%

Iris Li, a Re/Max Condos Toronto Realtor specializes in both Toronto Downtown Condos and Toronto Luxury Homes for sale.

 

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