Toronto Real Estate Prices Archives - Better Dwelling https://betterdwelling.com/tag/toronto-real-estate-prices/ Canada’s Fastest Growing Real Estate News Source Fri, 15 Dec 2023 19:09:53 +0000 en-US hourly 1 https://i0.wp.com/betterdwelling.com/wp-content/uploads/2016/07/cropped-better-dwelling-flower-logo.png?fit=32%2C32&ssl=1 Toronto Real Estate Prices Archives - Better Dwelling https://betterdwelling.com/tag/toronto-real-estate-prices/ 32 32 64691831 Fire Sale: Toronto Mansion Listed For Sale At $14M Torched By Arsonists https://betterdwelling.com/fire-sale-toronto-mansion-listed-for-sale-at-14m-torched-by-arsonists/ https://betterdwelling.com/fire-sale-toronto-mansion-listed-for-sale-at-14m-torched-by-arsonists/#comments Fri, 15 Dec 2023 19:09:50 +0000 https://betterdwelling.com/?p=24446 Another day, another newly built home is torched. Toronto Fire Services responded to a residential fire on Thursday morning around York Mills. The newly built, sprawling mansion, listed for sale at $14 million, was mostly lost by the time they could put the fire out. Toronto Police are now looking for four suspects caught on […]

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This Week’s Top Stories: Bank of Canada’s Real Estate Spin & Speculators Turn To Arson https://betterdwelling.com/this-weeks-top-stories-bank-of-canadas-real-estate-spin-speculators-turn-to-arson/ https://betterdwelling.com/this-weeks-top-stories-bank-of-canadas-real-estate-spin-speculators-turn-to-arson/#respond Sun, 10 Dec 2023 17:36:20 +0000 https://betterdwelling.com/?p=24421 Time for your cheat sheet on this week’s top stories. Canadian Real Estate Bank of Canada Is Pushing A False Real Estate Narrative To Divert Blame: BMO Last week, the Bank of Canada (BoC) claimed the country has a long-standing housing supply issue. This ticked off a number of experts that have been following this […]

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Canadian Real Estate Arson May Rise As Economy Slows, Warns Insurer https://betterdwelling.com/canadian-real-estate-arson-may-rise-as-economy-slows-warns-insurer/ https://betterdwelling.com/canadian-real-estate-arson-may-rise-as-economy-slows-warns-insurer/#respond Wed, 06 Dec 2023 18:30:11 +0000 https://betterdwelling.com/?p=24396 The only bond stronger than a mother and its baby is the one between rising interest rates and the arson of new homes under construction. Commercial insurer Northbridge Insurance is warning home builders to look out for arsonists. In a letter this week, the firm explained they expect new home arson to rise as financial […]

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Toronto Real Estate Prices Drop As Market Loosens At A Breakneck Speed https://betterdwelling.com/toronto-real-estate-prices-drop-as-market-loosens-at-a-breakneck-speed/ https://betterdwelling.com/toronto-real-estate-prices-drop-as-market-loosens-at-a-breakneck-speed/#respond Tue, 05 Dec 2023 20:30:08 +0000 https://betterdwelling.com/?p=24388 Greater Toronto real estate is unlikely to have a Christmas rally like some had hoped. Toronto Regional Real Estate Board (TRREB) data shows home prices fell further in November. Home sales continue to fall while inventory builds, easing market conditions. In fact, the erosion of market pressures is occurring at one of the fastest rates […]

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This Week’s Top Stories: Canadian Real Estate Softens & Gov Invests In Controversial Developer https://betterdwelling.com/this-weeks-top-stories-canadian-real-estate-softens-gov-invests-in-controversial-developer/ Sun, 19 Nov 2023 17:09:55 +0000 https://betterdwelling.com/?p=24316 Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Prices Slip Further As Sellers Suddenly Surge Canadian real estate markets continue to soften, with few signs of a break. The benchmark (typical) home price slipped lower in October, and is 14.6% below the March 2022 record high. Slow […]

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Canada Invests $444m With Company That Says Millennials Don’t Want A Home https://betterdwelling.com/canada-invests-444m-with-company-that-says-millennials-dont-want-a-home/ https://betterdwelling.com/canada-invests-444m-with-company-that-says-millennials-dont-want-a-home/#comments Thu, 16 Nov 2023 19:19:11 +0000 https://betterdwelling.com/?p=24301 Canada keeps repeating it’s spending billions on new housing, but with who, and how does it help? Earlier this week, Deputy Prime Minister Chrystia Freeland announced $1.2 billion worth of investments to build rentals in Toronto. It turns out over a third of those funds are going into one project—373 Front St East, which are […]

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Toronto Offices Look To International Students As Businesses Get Priced Out https://betterdwelling.com/toronto-offices-look-to-international-students-as-businesses-get-priced-out/ https://betterdwelling.com/toronto-offices-look-to-international-students-as-businesses-get-priced-out/#comments Thu, 09 Nov 2023 18:29:54 +0000 https://betterdwelling.com/?p=24256 Canadian real estate is changing fast, and office spaces aren’t escaping the impact. Commercial real estate giant Avison Young‘s latest report on Greater Toronto Area (GTA) office space reveals softening business demand. High priced office space is out, and traditionally “less desirable” space is in. The firm notes a major trend softening the blow—demand from […]

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Toronto Real Estate Brokerage Placed Under Receivership After Fraud Allegations https://betterdwelling.com/toronto-real-estate-brokerage-placed-under-receivership-after-fraud-allegations/ https://betterdwelling.com/toronto-real-estate-brokerage-placed-under-receivership-after-fraud-allegations/#comments Tue, 07 Nov 2023 21:54:09 +0000 https://betterdwelling.com/?p=24246 Two years after fraud allegations first hit, a court is finally taking control of a brokerage’s assets. An Ontario judge has placed Wynn Realty Corp under receivership as of October 25th. Realtor Courtney “Lynn” Simpson and her broker/husband Kenneth Simpson are alleged to have defrauded dozens of clients. This isn’t the Realtor’s first rodeo either—she […]

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Toronto Real Estate Prices Drop Over $20k As Listings Surge 38% Higher https://betterdwelling.com/toronto-real-estate-prices-drop-over-20k-as-listings-surge-38-higher/ https://betterdwelling.com/toronto-real-estate-prices-drop-over-20k-as-listings-surge-38-higher/#comments Thu, 02 Nov 2023 17:06:05 +0000 https://betterdwelling.com/?p=24219 Greater Toronto real estate is back to an ice cold market, after higher rates killed off speculation. Toronto Regional Real Estate Board (TRREB) data shows the composite benchmark (typical) home price made a sharp drop in October. Fewer sales were a major contributor, but the biggest factor is rising inventory. A lot more sellers are […]

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Canada’s International Student Boom Is Ending As Indian Applications Plummet https://betterdwelling.com/canadas-international-student-boom-is-ending-as-indian-applications-plummet/ https://betterdwelling.com/canadas-international-student-boom-is-ending-as-indian-applications-plummet/#comments Tue, 31 Oct 2023 17:10:35 +0000 https://betterdwelling.com/?p=24210 Canada may have just killed one of its last golden geese. Immigration, Refugees and Citizenship Canada (IRCC) data shows new study permits made a sharp drop in August 2023. The decline can be attributed almost entirely to falling applications from India, a market that represented nearly half of all permits in 2022. The loss of […]

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