Posted by: torontocondo | September 21, 2016

Toronto Home And Condo Prices Jump In August

Yorkville Condos Toronto

Yorkville Condos Toronto Four Seasons Residences

The August results are now in for Toronto Home and Condo sales and average prices.

In Toronto  this was a record for August Home and Condo sales.

In Toronto the average price of a detached Home was $1,206,637, increasing 18.3%

The average Toronto Condo price in August was $446,612, up 9.8%.

This Spring Market is showing a lot of strength in prices for all type of Toronto Homes with a continued  lack of Toronto Condo and Home listings.

Toronto Home/Condo Sales And Average Price August, 2016

Toronto Detached Home 863 (Sales) $1,206,637 +18.3%
Toronto Semi-Detached 208 $774,700 +16.4%
Toronto Townhouse 357 $614,638 +16.9%
Toronto Condos 1,964 $446,612 +9.8%

 

Toronto Condos had 1,964 sales in the Toronto 416 area, up 33.5% with the Toronto Condo average price trending up 9.8% to $446,612.

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 of these or other Toronto Condos that may just interest you!

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

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

Related:

Toronto Downtown Condos Average Price August 2016

BuySellTorontoRealEstate.com

 

Posted by: torontocondo | September 7, 2016

Toronto Downtown Condos Increase In Average Price August

 

 

Yorkville Condos

Yorkville Condos Toronto

Record Toronto Real Estate sales along with increasing average Home prices show 2016 is continuing to be a sellers Real Estate market.

New active Toronto MLS listings in August were down once again by -37.8% making Toronto Home and Condo buying more difficult.

Toronto Detached Homes in the city increased in average price to $1,206,637, an increase of 18.3%.

Toronto downtown Condos in the (C08) district increased in average price by 21.47% in August to $499,860, a $88,342 increase year-over-year. See below:

Toronto Downtown Condos Average Price August 2016

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 Toronto 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 Toronto Condos 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 3, 2016

Vancouver Home Sales Drop 26 Per Cent In August As Demand Cools

Toronto Enterainment District Condos Downtown

New Toronto Entertainment District Condos Downtown.

The new tax on foreign buyers in Vancouver has resulted in a 26 per cent fall in August according to the Real Estate Board of Greater Vancouver.

It has been a month since the foreign tax has been applied to purchasers in an effort they say to chill the Vancouver Real Estate Market.

A lot of Vancouver Home buyers and Home sellers are now holding their breath anticipating any further erosion on Vancouver Home prices this tax could have.

One important statistic was sales of detached Homes dropped 45 per cent in August.

The number of Homes listed in August was 8,506, down 21.9 per cent from a year ago.

Vancouver and Toronto Real Estate were headed in a similar direction until this new tax so we will have to see Toronto’s results that should be out in the next few days.

Will potential Vancouver foreign buyers now buy in Toronto? It will be easy to track in the Toronto Luxury Home and Condo markets in the coming months.

Detached Homes in Toronto during July, increased 20.7 per cent for an average price of $1.2-million. In the 905 region, average prices for detached Homes were $888,565, up by 22 per cent from last July.

Average resale Toronto Condos in July, were up 8.2 per cent and the 905 area recorded a 13 per cent jump in prices.

Pictured Above: Toronto Entertainment District Condo Listings

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

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

Related:

Toronto Downtown Condos Average Price July 2016

BuySellTorontoRealEstate.com

 

 

Posted by: torontocondo | August 18, 2016

Toronto Home Sales Troubling Trend As Listings Drop

New Toronto Harbourfront Condos

New Toronto Harbourfront Condos

Another record-breaking month in July for Toronto’s Housing market with 10,000 Homes changing hands.

Average Toronto Home resale prices for all types, were up 16.6 per cent to $709,825 with the average price of a detached Toronto Home jumping 21 per cent to $952,983.

In the meantime Toronto Home resale listings feel 14 per cent and the suburbs dropped 3 per cent.

Detached Homes in Toronto increased 20.7 per cent for an average price of $1.2-million. In the 905 region, average prices for detached Homes were $888,565, up by 22 per cent from last July.

Average resale Toronto Condos were up 8.2 per cent and the 905 area recorded a 13 per cent jump in prices.

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

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

Related:

Toronto Downtown Condos Average Price July 2016

 

Posted by: torontocondo | August 1, 2016

Vancouver Foreign Home Buyers Face Flawed New Tax On Homes

Luxury Vancouver Harbour Penthouse.

Luxury Vancouver Harbour Penthouse.

Many critics are voicing concerns on the recent Vancouver foreign-Home-buyers tax.

Law firms, Realtors, Banks and the Land Title and Survey Authority of B.C. all are extending hours to make their services available before the new tax takes effect on Tuesday August 2nd.

The new 15-per-cent tax begins on Tuesday with many Vancouver Home buyers and Vancouver Home sellers caught up in the potential impact and legalities of this new Tax.

It appears this new Vancouver Foreign-Home-Buyers Tax is flawed making it more difficult  for B.C. companies to attract skilled employees in technology, medicine. sports and Universities to name just a few.

This new tax will have a negative impact on B.C.’s reputation as a place to invest and legality of a retroactive taxation on foreign investment.

We more than welcome any new Vancouver foreign Home investors here to Toronto!

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

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

Related:

Toronto Downtown Condos Average Price June 2016

L Tower Condos Downtown Toronto.

L Tower Condos Downtown Toronto.

Toronto downtown Condos in the biggest district of Toronto (C01) increased by $14,780 in June to $486,068 with 681 sales.

Not to be outdone Toronto Condos in the downtown district (C08) increased by $28,696 for an average price of $476,928.

Yes, these average Toronto Condo prices will continue to increase as hundreds more Condominium units will reach the resale market,(two more as we speak) once registered and owners take over full ownership from the Condo builders.

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

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

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

Related:

Toronto Downtown Condos Average Price June 2016

Posted by: torontocondo | July 8, 2016

Toronto Condo And Toronto Home Average Price June 2016

L Tower Condos Downtown Toronto.

L Tower Condos Downtown Toronto.

Toronto Condo and Toronto Home Prices Increase June 2016.

A shortage of Toronto single family homes for sale continues  with the average resale Home price shows the interest that Home buyers are finding and bidding upwards on desirable Toronto properties.

Both Toronto  Homes and Condos are reflecting higher average sale prices.

The average selling price for all Toronto Home types was $746,546, up 16.8 per cent year-over-year.

Toronto Condominium sales increased by 15.0 per cent with the average Toronto Condo average price increasing by 6.9 per cent to $448,002.

Toronto Home And Condo Average Price June:

Toronto Detached Homes average price $1,259,486 up 19.6%

Toronto Semi-Detached Homes average price $912,724up 19.7%

Toronto Townhouse average price $635,164 up 17.4%

Toronto Condos average price $448,002 Up 6.9%

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 schedule showings for any Condos that may just interest you!

Iris Li is a Toronto Condo 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 | June 30, 2016

Poolside At New Toronto Harbourfront Condominium

New Toronto Harbourfront Condos

New Toronto Harbourfront Condos

 

Can you imagine?

Doing laps in your own private swimming pool overlooking the Toronto Harbourfront!

No need for Cottage commute here, just stretch out and enjoy the great warm summer weather we are having.

Toronto’s largest LCBO is across the street and a huge new Loblaws is just minutes away by walking!

Bring on the summer!

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

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

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

Posted by: torontocondo | June 15, 2016

Average Price Of Toronto Downtown Condos Increase In May

Toronto Downtown Condos

Toronto Downtown Condos

Toronto downtown Condos in the biggest district of Toronto (C01) increased by $15,338 in May to $493,546.

Not to be outdone Toronto Condos in the downtown district (C08) increased by $33,874 for an average price of $487,645.

Yes, these average Toronto Condo prices will continue to increase as hundreds more Condominium units will reach the resale market, once registered and owners take over ownership from the Condo builders.

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

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

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

Posted by: torontocondo | June 9, 2016

Toronto Condo And Toronto Home Prices Increase In May

The May results are now in for Toronto Home and Condo sales and average prices.

In Both Toronto and Vancouver this was a record for May Home and Condo sales.

In Toronto the average price of a detached Home was $1,285,693, up 15.2%

In Toronto the average Condo price in May was $442,520, up 5.0%.

This Spring Market is showing a lot of strength in prices for all type of Toronto Homes with a continued  lack of Toronto Condo and Home listings.

Toronto MLS Home/Condo Sales And Average Price May, 2016

Toronto Detached Home 1565 (Sales) $1,285,693 +15.2%
Toronto Semi-Detached 406 $834,883 +7.1%
Toronto Townhouse 488 $626,305 +12.9%
Toronto Condos 2,137 $442,520 +5.0%

 

Toronto Condos had 2,137 sales in the Toronto 416 area, up 21.7% with the Toronto Condo average price trending up 5.0% to $442,520.

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 of these or other Toronto Condos that may just interest you!

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

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

 

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