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Recent News

Muddy York: Toronto Real Estate Blog


Canada Mortgage and Housing Corporation Releases GTA Housing Market Insight Report
Published Date: Sat, 30 Jul 2016 00:42:00 +0000

The Canada Mortgage and Housing Corporation (CMHC) has released its Housing Market Insight Report for the Greater Toronto Area. The primary finding of the report is that the risks in condo building in Toronto seem to have been mitigated. “Condo … Continue reading . . .

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How Do Toronto Home Prices Relate To TTC Subway Stations?
Published Date: Mon, 25 Jul 2016 00:00:34 +0000

A new map published by BlogTO and formulated by SkyViewSuites has laid out the average home prices for each TTC subway station in the city. It’s definitely interesting to note where prices rise and fall depending on where you are … Continue reading . . .

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Ontario Residents Feeling Favourable About Real Estate Markets
Published Date: Fri, 22 Jul 2016 23:51:29 +0000

Twice each year, the Ontario Real Estate Association polls Ontario residents’ thoughts on home ownership and their local economies in the Ontario Homeownership Index. This latest poll found that Ontario residents have experienced the largest positive increase in positive sentiment … Continue reading . . .

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Home Sales Drop Across Canada Again In June 2016
Published Date: Wed, 20 Jul 2016 13:10:26 +0000

Home sales across Canada dropped by 0.9 per cent from the month of May to June, however actual (not seasonally adjusted) sales were up by 5.2 per cent year-over-year in June. “While national sales activity remains strong, there are still … Continue reading . . .

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GTA Condo Sales Rise In Q2 2016
Published Date: Mon, 18 Jul 2016 12:48:14 +0000

There were just fewer than 9,000 condo apartment sales in the second quarter of 2016 according to the Toronto Real Estate Board, representing an increase of over 17 per cent over the same time last year. “TREB Realtor members are … Continue reading . . .

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Number Of GTA Condos Rented In Q2 Remains Steady
Published Date: Fri, 15 Jul 2016 02:29:16 +0000

The number of Toronto condos rented in the second quarter of 2016 was down only 2.7 per cent compared to the same time last year, according to the Toronto Real Estate Board. “Greater Toronto Area Realtors continued to facilitate a … Continue reading . . .

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Bank of Canada Keeps Interest Rates Steady
Published Date: Wed, 13 Jul 2016 01:31:19 +0000

On July 13th, the Bank of Canada announced it would maintain its target overnight lending rate at 0.5%. On this same day, the advertised five-year lending rate was 4.74%, which is 0.1% higher than the last rate announcement. According to … Continue reading . . .

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GTA Low-Rise Home Prices More Than Doubled Over 10 Years
Published Date: Mon, 11 Jul 2016 01:18:00 +0000

In June 2006, the average price of a new low-rise home in the Great Toronto Area was $393,398, and now 10 years later the average price has hit $887,543 according to BILD, the Building Industry and Land Development Association. The … Continue reading . . .

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