East End Toronto Homes

Market Conditions Category

Toronto Real Estate The Starbucks Effect & The Upper Beaches

Can a small coffee shop in the Upper Beaches really affect the price of Toronto Real Estate? Starbucks picked the corner of Main and Kingston Road to open their latest store. Great! And now, according to 'The Starbucks Effect' theory, we can just sit back and watch Toronto Real Estate values take off in the Upper Beaches! For those who don't already...Read More.

Why Toronto Real Estate Market Will Keep Chugging Along Despite Stock Market Woes

Low interest rates continue to tempt First Time Buyers into Toronto Real Estate Market despite rising home prices and falling stock markets An article published in Canadian Business Magazine quoted two economists who believe that Canada's real estate market is more likely to grow this year rather than decline. They expect that Buyers will take advantage of the low interest...Read More.

Interesting Twist in the Toronto Condo Market, Fixer-uppers have arrived!

Toronto Condo Market is Maturing, Catching Reno Fever Stephen Dupuis, president and CEO of the Building Industry and Land Development Association (BILD) says we're already into a renovation boom in the Toronto condo market. He says that "just like new subdivisions, there comes a point about 20 years after original occupancy when condominium suites need repairing or remodeling". He's referring to the...Read More.

Repeal the Toronto Land Transfer Tax!

'Double' Toronto Land Transfer Tax Hurt us all! Adds about $3,725 in costs to a $400,000 home. Toronto home buyers, builders and realtors are waiting to see if Rob Ford keeps one of his key campaign promises when he’s sworn in as mayor – to repeal the Toronto Land Transfer Tax within the first year. Not everyone - even his staunch supporters - necessarily...Read More.

A completely different way of measuring Toronto House Prices

Tracking Toronto House Prices. Another Tool for Determining Toronto House Values There's been a lot of talk lately about whether or not Toronto Real Estate is overvalued. Statistics have been sliced and diced every which way, to support differing opinions of value, relative to potential rental income, or buyer affordability. At the risk of putting you to sleep with statistics, here's another point...Read More.

Is there a Toronto Real Estate Bubble?

Toronto Real Estate NOT overvalued says latest BMO Nesbitt Burns analysis. One of the questions I’m often asked by clients these days is ‘Are we experiencing a Toronto real estate bubble?’ and ‘Does it make sense to purchase East Toronto real estate in the current market?’. Historically, East end Toronto homes, meaning Riverdale, Beaches, Leslieville and the entire Danforth area have been more affordable than...Read More.

Toronto Mortgage Rate Changes Feb, 2010

Important changes for first time buyers and investors Paul Vieira, Financial Post Published: Tuesday, February 16, 2010. Amid warnings about “reckless” housing speculation and overextended homebuyers, Finance Minister Jim Flaherty said Tuesday the federal government would make it tougher for people to get a mortgage.' He said at a Tuesday morning media conference that Ottawa would require all borrowers meet standards for a...Read More.