Toronto’s housing market continued to tighten last month as prices edged up four per cent from March and sales moved closer to the level they were at last April, the Toronto Regional Real Estate Board revealed Wednesday. April’s average price tumbled 7.8 per cent to $1,153,269, but was roughly four …
Read More »Toronto-area home prices down 18% from last February, sales halved: board – Toronto
TORONTO — Greater Toronto Area home prices fell almost 18 per cent from last February as the number of properties sold was halved, the region’s real estate board said. The Toronto Regional Real Estate Board (TRREB) said Friday that the average selling price for February totalled $1,095,617, roughly five per …
Read More »A look at the ‘daunting’ costs many Ontario homebuyers face in their 1st year of ownership
New analysis is shining some light on the “daunting” costs many Ontario homebuyers face in their first year of ownership, particularly in the Toronto area. Point2 Homes released new data on Thursday looking at upfront costs and annual recurring expenses, including closing costs, the down payment, mortgage, property tax and …
Read More »How thieves stole a Toronto condo in ‘total title fraud’, selling it for $970,000
The professional photographs posted on a property tour website last year show Moffy Yu’s condo in downtown Toronto, a light-filled two-bedroom home with floor-to-ceiling windows framing sweeping views from the tallest residential tower in Canada. Documents provided by Yu show the home was listed for $978,000 last May 11, then …
Read More »Toronto homeowners who were out of town discover their property was fraudulently sold: police
The owners of a Toronto home, who were out of town on a business trip, discovered that someone had impersonated them and sold their property without their consent, police allege. Investigators said in January 2022, two people allegedly pretended to be the homeowners and hired a real estate agent. Police …
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