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Toronto Condo Resales February 2009 |
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Toronto Condo Resales February 2009 |
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| The Toronto Real Estate Board reported 4,120 total sales in February 2009 compared to 6,015 sales in the same month in 2008.Price breakdowns for the 905 area and the 416 area were not shown in this months Toronto Real Estate Marketwatch.Prices for Toronto Condos in the Central districts of Toronto were... |
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Toronto Condos Under Construction |
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Toronto Condos Under Construction |
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| The Canadian economy has dropped in the last several months along with Real Estate from Vancouver to Toronto.Several Luxury Toronto Condos are well under construction, showing there continues to be a stimulus underway in our city.Downtown Condos... |
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Brit Housing prices to Bottom Sep 16/2009 |
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Brit Housing prices to Bottom Sep 16/2009 |
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| A recent survey of property experts by the Daily Telegraph in London showed the UK house prices will be their lowest ranging from last week to May 2010.The mid-point is in seven-and-a-half months time, Sep. 16, 2009. |
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Shard London Bridge |
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Shard London Bridge |
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| The Shard London Bridge appeared as I was searching for a picture of a Luxury Condo Tower in London England to go with our previous post... |
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Canadian Housing Starts To Slow |
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Canadian Housing Starts To Slow |
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| Downtown Toronto:Scotiabank's experts see Canadian housing starts to continue to slow below long-term replacement values.The general weakness in the global economy will see residential activity slowing even more in 2009 to an estimated 155,000 housing... |
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Toronto Real Estate Prices Decline Slowing |
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Toronto Real Estate Prices Decline Slowing |
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| Mid February Toronto Real Estate sales are down from the same period last year and prices are down as well but the rate of decline is slowing according to the Toronto Real Estate Board.The first two weeks of February had 2,044 Real Estate home sales in Toronto compared with 2,775 sales in the same period last year.The Toronto Real Estate Board has noticed a slowing in the decline of prices and if this trend continues it could point to the average Toronto home price levelling off between $360,00 and $370,000. |
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Canada Housing Market Starts Fall |
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Canada Housing Market Starts Fall |
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| A recent report from Canada Mortgage and Housing Corp shows Canadian housing starts falling more than expected in January and sales of existing Condos and homes... |
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Toronto Real Estate-Land Transfer Tax |
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Toronto Real Estate-Land Transfer Tax |
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| Toronto Condos:The Toronto Real Estate Board would like Toronto City Hall to suspend and ultimately repeal the controversial the Land-Transfer tax on the purchase of a home. A spokesman for the Toronto Real Estate Board said that due to the economic slowdown the land-transfer tax is not... |
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New City Council Board Build Toronto |
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New City Council Board Build Toronto |
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| Downtown Toronto Eight Real-Estate professionals were appointed recently to the board of Build Toronto, mandated to turn Toronto's own land holdings into cash.Now the city can use Build Toronto as a means to further overcome political resistance to suburban intensification.Three downtown councillors have helped add $40-million to Toronto's tax base by expediting approvals for development in their wards. |
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Canadian Real Estate Prices Average Out |
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Canadian Real Estate Prices Average Out |
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| Toronto Condos:Toronto Downtown Condos are holding their price year over year in several Central Toronto Real Estate Districts we follow.Statistics from the Toronto Real Estate Board are published every month under the Market Watch on my Toronto Real Estate web site.Market Watch shows all the sales and prices ( I use the average price option to keep everything relative ). |
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Toronto Resale Homes And Condos February 2009 |
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Toronto Resale Homes And Condos February 2009 |
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| The Toronto Real Estate Board has reported resale housing totals for February 2009 that resulted in 4,120 transactions. Good news was that on a month to month basis sales and average price were above January levels. Usually the spring Toronto Real Estate market starts to climb... |
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Thornhill Mega Condo |
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Thornhill Mega Condo |
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| Thornhill's first Mega Condo project is still waiting for final approval from Markham's development services committee.
This exciting new Thornhill Condo project will be located on Yonge Street, North of Steeles.
Redevelopment of the 10-acre Hy&Zel's Plaza has a revised plan with decreased heights and densities since first announced. |
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New Toronto Condo Sales Drop 2008 |
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New Toronto Condo Sales Drop 2008 |
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| The total Toronto Condos sales in December 2008 was only 198 units compared to 1,024 during the same period last year according to Realnet Canada Inc who track the housing market.
Industry experts do not have much hope for January or even February that the Toronto Condo Market will be much better.
Toronto Condo price cuts are slim however Condo builders will now have to offer special incentives to increase demand:... |
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