Wednesday, July 20, 2016

Toronto And Vancouver Canada's Most Overheated Housing Markets

Yonge And Bloor Condos Toronto
Yonge And Bloor Condos Toronto

According to a recent study the nonstop growth of Home and Condo prices in Toronto and Vancouver   continues to outpace incomes in all but the highest paying jobs in these cities.

The latest numbers from the Canadian Real Estate Association showed that residential Real Estate in these two cities yielded greater revenue than a large majority of jobs.

The annual price growth for a Vancouver Home was $193,000 just less than a judges salary.

In Toronto the average price growth for a Home was $103,000 in 2015, just below the incomes of senior government managers and dentists.

Vancouver home owners netted $25 billion in the previous year alone compared to employees $18 billion.

Future results in both Toronto and Vancouver Home prices could be moderated by a lack of wage growth and fewer job gains that could give Home buyers some pause.

Iris Li, a Toronto Condos Realtor specializes in Bay and Bloor Condos for sale.

Call/Text Today for a scheduled showing of any of these fine Toronto Condos.

Related:

Toronto Home And Condo Prices Soar In June


Thursday, July 14, 2016

Strong Demand Fueling Record Toronto Housing Starts

U Condos For Sale/Rent Bay Bloor Toronto
U Condos Bay Bloor Toronto

Toronto Housing Starts In Record Territory June 2016


There was a jump in June housing starts as developers rushed to build Condos,Townhouses and single-family detached Homes in very hot Real Estate Market.

Housing starts were up 27% in Toronto with the majority of the new housing starts being Condos.

Spending on housing in both Toronto and Vancouver since 2014 set records in the largest two year rise in housing demand.

Canada Mortgage and Housing Corp. reported housing starts rose to a seasonally adjusted rate of 218,333 in June up from 186,709 in May.

View the latest Yorkville Condos For Sale/Rent.

Iris Li, a Toronto Condos Realtor specializes in Bay and Bloor Condos for sale.

Call/Text Today for a scheduled showing of any of these fine Toronto Condos.

Related:

Toronto Home And Condo Prices Soar In June

Thursday, July 07, 2016

Yorkville Condos For Sale/Rent Toronto

U Condos Sale/Rent Bay Bloor Toronto
U condos Bay Bloor Toronto


Today, we viewed 96 Condos for sale and rent in the ever popular Toronto Yorkville area and pulled up some average prices.
  • Yorkville Condos For Sale: Average price $1,542,961
  • Yonge Bloor Condos For Lease: Average price $3,286
The  price for these Condos was a high of $13,000,000 and a low of $299,900.

The average lease price was a high of $9,000 and a low of $1,850.

I will try and do the Bay and Bloor area next time for a similar comparison of average prices

View the latest Yorkville Condos For Sale/Rent.

Iris Li, a Toronto Condos Realtor specializes in Bay and Bloor Condos for sale.

Call/Text Today for a scheduled showing of any of these fine Toronto Condos.

Related:

Toronto Downtown Condos Average Price June 2016



Wednesday, June 29, 2016

One Bloor Condos Near Completion-Yonge Bloor Condos


One Bloor Condos Sale/Rent Toronto
One Bloor Condos


It appears One Bloor East Condos have reached the top.

It will not be long for One Bloor Condo buyers to begin moving in, and we can just imagine the view from the higher floors.

Imagine, living in the centre of Toronto with two Subways to choose from.

Countless restaurants, cafes, bars and shopping await, just steps away from One Bloor Condos.

Iris Li, Toronto Condos Realtor, specializes in Toronto Downtown Condo Listings for sale.

Call/Text Today!
 

Related:

Yonge Bloor Condos For Sale/Rent




Sunday, June 19, 2016

Toronto Downtown Condos Financial District Southcore

Southcore Toronto Financial District Condos For Sale
Southcore Toronto Financial District

Toronto Financial District Southcore Most Popular With Buyers.


Toronto's Southcore Financial Centre (SFC) is an emerging mixed-use, sustainable complex in the emerging Southcore Financial District.

Urban travellers and globally connected businesses will welcome this new and exciting area.

There is am enclosed pedestrian walkway to Union station and all the TTC/GO and Train connections.

Steps from the Air Canada Centre, Rogers Centre, Convention Centre  and the Toronto Entertainment and Theatre districts, this is an exciting destination and very well positioned for the work and play urban movement.

The two Condos reflected in the glass are the Ice Condos.

View the latest updated Toronto Financial District Condos For Sale.


Iris Li, Toronto Condos Realtor specializes in Toronto Downtown Condo Listings, both new and resale.

Let her help you find that luxury new or resale Toronto Condominium.

Call/Text Iris Today!

 


Monday, June 13, 2016

Toronto Condo Buyers Love Downtown



Toronto Condos Downtown Bremner Blvd. for sale
Toronto Downtown Condos Bremner Blvd.

To work and live in Downtown Toronto is very much possible.

Many Toronto downtown condos offer the locations available to literally walk to work in minutes.

Yes, these Condos are smaller than your Suburban Home but all the five-star quality amenities more than make up the difference

Location, Location, Location!

Iris Li, Toronto Condos Realtor specializes in Toronto Downtown Condo Listings, both new and resale.

Let her help you find that luxury new or resale Toronto Condominium.

Call/Text Iris Today!


Related:

Toronto Downtown Condos Average Price May 2016


Wednesday, June 08, 2016

Toronto Condo/Home Average Price May 2016

Toronto Downtown Condo Listings For Sale
Toronto Downtown Condo Listings

Detached Toronto Homes prices in the City of Toronto increased by 15.2% in May, for an average price of $1,285,693

Average Price growth for Toronto MLS listings continued for low-rise Toronto Homes due to -30.4% fewer active Home listings compared to May 2015.

Toronto Condo sales increased by 21.7% with the average price reaching $442,520 rising 5.0% as well, from the same time last year.

The average price for all Toronto Home types including Detached,Semi-Detached,Townhouses and Condos was $751,908, up 15.7% compared to May 2015.

Toronto Home Types Average Price May 2016:


  • Toronto Detached Homes- $1,285,693 Up 15.2%
  • Toronto Semi-Detached Homes - $834,883, Up 7.1%
  • Toronto Townhouses- $626,305, Up 12.9%
  • Toronto Condos-$442,520, Up 5.0%

Iris Li, Toronto Condos Realtor specializes in Toronto Downtown Condo Listings, both new and resale.

Let her help you find that luxury new or resale Toronto Condominium.

Call/Text Iris Today!


Sunday, May 15, 2016

The Toronto Housing Market That Just Won't Stop


Toronto Harbourfront Condos For Sale
Toronto Harbourfront Condos For Sale

Both Toronto Home and Toronto Condo sales and prices continue to increase according to the Toronto Real Estate Boards latest monthly results.

Bidding wars are increasing the average selling price, especially the single-detached Toronto Home market in desirable neighborhoods.

With Home buying demand high, the number of available new Home listings are decreasing.

Some of my own Home buying clients have given up on Toronto Homes for sale and eventually bought a Mississauga Home at a lower price.

The average Toronto Home price( All Home types) was $739,082 in April, 2016.

Toronto Home sales were up 7.4% for April but active Toronto MLS listings were down -26.9% year-over-year.

The Toronto Condo Market has become the Toronto Real Estate market!


Pictured above: Toronto Harbourfront Condos For Sale

Iris Li, Toronto Condos Realtor specializes in Toronto Downtown Condo Listings, both new and resale.

Let her help you find that luxury new or resale Toronto Condominium.

Call/Text Iris Today!