Latest Blogs

Hot Toronto housing prices spill over to nearby markets: CMHC

2017-01-10 / by Homelife Galaxy

The Canada Mortgage and Housing Corporation says that the prices of homes in Toronto, Canada's largest city, have increased disproportionately. The national housing agency stated on Tuesday that this trend is moving into surrounding communities.According to CMHC, the average ....

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Greater Toronto Area Booms with $1-Million-Plus Home Sales

2017-01-06 / by Homelife Galaxy

According to a new report released by real estate firm, Sotheby's International, Toronto is set to lead the country in high-end home sales for the third consecutive year.Throughout the Greater Toronto Area, 19,692 properties worth $1 million or higher sold last year. This num ....

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Toronto Real Estate Heading for Another Hot Year: TREB

2017-01-03 / by Homelife Galaxy

According to the Toronto Real Estate Board, the prices of homes will become more expensive this year. The Board predicts that the average price of a home will increase more than $800,000 this year.Double digit growth in real estate prices is expected. The average selling pric ....

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Rental Market Statistics - Fourth Quarter of 2016

2017-01-02 / by Homelife Galaxy

Greater Toronto Area realtors reported 5,717 condo unit rental transactions through TREB's MLS System during the fourth quarter of 2016. This figure represents a 5.8 per cent decrease in comparison to the fourth quarter of 2015.Toronto Real Estate Board President Larry Cerqua ....

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