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Toronto real estate: Condo rents hit record high as would-be homebuyers stay on sidelines

Toronto Rents rise over 10% in past two years, what a great time to own an investment condo…

Toronto real estate: Condo rents hit record high as would-be homebuyers stay on sidelines
Condo leasing up 31 per cent in wake of tighter mortgage lending rules, new study finds.

CARLOS OSORIO / TORONTO STAR
The CN Tower is seen amongst condo building in Toronto on April 20, 2013.

By: Susan Pigg Business Reporter,...

Toronto real estate: First-time homebuyers heavily influenced by commute

First time buyers that do not want to commute is keeping the downtown condo prices strong…

Toronto real estate: First-time homebuyers heavily influenced by commute
Being close to transit, not so much friends and family, a priority, BMO says
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STEVE RUSSELL/TORONTO STAR /
Traffic moves on the James Snow Parkway in Milton....

Beware sending a real estate deal off the rails

If a real estate deal goes off the railings, it is your duty to limit your losses…

Beware sending a real estate deal off the rails
Be reasonable, get solid legal advice to help minimize damages and avoid an ugly court case

When a real-estate deal falls apart, it's critical to minimize damages.

By: Bob Aaron Real Estate Columnist, Published on Fri May 10 2013

An interesting decision from Toronto’s small claims...

Toronto real estate: Downtown condos lead broad rise in prices

Downtown Condo prices rise 5.6% in April…

Toronto real estate: Downtown condos lead broad rise in prices
Sales of homes across the GTA slipped by 2.1 per cent in April, but prices were up 2 per cent, as the usually hot spring market suffered through another wet, cold month.

GALIT RODAN / FOR THE TORONTO STAR
Downtown Toronto condos saw a 5.6 per cent rise in prices in April, 2013, as compared with April, 2012.

...
Cheaper Windsor lures retirees away from costly GTA

Windsor attracting Toronto Retirees with prices that are 25% of the cost in the GTA in some instances…

Cheaper Windsor lures retirees away from costly GTA
Housing costs half that of Toronto in some cases
CBC News Posted: Apr 19, 2013 7:43 AM ET Last Updated: Apr 19, 2013 2:09 PM ET Read 4 comments4
Retiring in Windsor

A campaign to attract retirees to Windsor and Essex has worked, according to the local real...

Competition Bureau loses online-listings case against Toronto Real Estate Board

The Anti Competition suit against TREB is dismissed based on a technicality…

Competition Bureau loses online-listings case against Toronto Real Estate Board
TARA PERKINS
The Globe and Mail
Published Monday, Apr. 15 2013, 7:40 PM EDT
Last updated Tuesday, Apr. 16 2013, 11:53 AM EDT

The Competition Bureau has lost a high-profile attempt to force the Toronto Real Estate Board to make it easier for web-based...

Real Estate Cheat Sheet: new condo projects, first-time buyers and more market news

A Toronto First Time Home Buyer will pay $146,000 more than the average Canadian…

Real Estate Cheat Sheet: new condo projects, first-time buyers and more market news

Real estate commentators usually reach for sales figures and average prices to explain what’s happening in the market, but there are a ton of other figures that are equally illuminating. This week, we've seen stories about the number of new condo projects in Toronto...

Real estate partnerships require careful planning

If you are investing in partnerships you should at least have a few rules in place…

Real estate partnerships require careful planning
If you invest in real estate with partners, there are many issues that you need to discuss in advance. This will protect you later from c

By: Mark Weisleder Real Estate, Published on Fri Apr 12 2013

If you invest in real estate with partners, there are important things you need to...

Canadian housing market ‘in a highly unusual place’

Do not wait for big declines in home prices as you will likely be disappointed…

Canadian housing market ‘in a highly unusual place’
An unusual combination of factors is fueling house price increases despite a downturn in sales, a new housing survey finds.

TORONTO STAR / DICK LOEK
Toronto house prices are likely to continue to soften into next year, but will avoid a hotly anticipated major downturn, a new housing...

Toronto real estate: GTA housing sales slump 17 per cent in March, but prices continue to climb

Number of Sales Transactions are down year over year but Prices continue to rise…

Toronto real estate: GTA housing sales slump 17 per cent in March, but prices continue to climb
Even condos see a slight climb in average sale prices despite significant drop in sales.

VINCE TALOTTA / TORONTO STAR
Housing sales were down in Toronto in March, but prices continue to climb. Condos saw the biggest slump in sales.

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