Condo Market Report

TREB Makret 2019 February

Toronto Real Estate Board Market Stats for February 2019 are available NOW!

  It looks like we are seeing an upward Price trend especially in Semi-Detached and Condo properties! Both the MLS® Home Price Index Composite Benchmark and the average selling price were up modestly on a year-over-year basis in February 2019. The MLS® HPI Composite Benchmark was up by 2.4 per cent year-over-year. The average selling price for all home types combined was up by 1.6 per cent...

bid wars

Ontario may allow realtors to disclose offer prices in bidding wars

www.condohere.com   Ontario government launched consultation Thursday on possible change to Real Estate and Business Brokers Act. Ontario home buyers may soon be able to find out the prices and conditions of other offers in bidding wars. The government launched a consultation Thursday looking at the Real Estate and Business Brokers Act, and that's one rule they're looking at changing....

Strong Toronto Condo Rent Growth Continued in Second Quarter 2018

Strong Toronto Condo Rent Growth Continued in Second Quarter 2018

TORONTO, ONTARIO, July 17, 2018 – Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® continued to report strong average rent increases for GTA condominium apartments rented through TREB’s MLS® System in the second quarter of 2018 relative to Q2 2017. “The demand for condominium apartment rentals remained strong compared to the number of units available...

Average Condo Price Continues to Climb in Q2 ’18

Average Condo Price Continues to Climb in Q2 '18 July 17, 2018 -- Toronto Real Estate Board President Garry Bhaura announced that the average selling price for condominium apartments sold through TREB's MLS® System in the second quarter of 2018 was up by 5.4 per cent year-over-year to $561,338. The highest average selling price was in the City of Toronto, at $603,480 – up 6.5 per cent compared to...

Condo Board

Characteristics Of An Effective Condo Board

One of the many attractive aspects of condominium living is the opportunity it gives residents to be part of a community within a community. In fact, a 2010 study by Brigham Young University points to community involvement as a key to longevity, improving the odds of living a long life by up to 50 per cent. Like any community though, the key to a condominium development's harmonious and efficient...

Condominium Assignments Frequently Asked Questions

Condominium Assignments FAQ 1. What is an assignment? An assignment is essentially a sale of a contract or right to acquire property. An assignment is a transaction whereby the original purchaser (the "Assignor") of a property sells, and thereby transfers, their interest and obligations under the original contract to a new purchaser (the "Assignee"). The Assignee will generally assume all of the...

First Quarter 2018 Toronto Rental Report

TORONTO, ONTARIO, April 16, 2018 – Toronto Real Estate Board President Tim Syrianos announced that average rents for one-bedroom and two-bedroom condominium apartment rental units were up well above the rate of inflation on a year-over-year basis in the first quarter of 2018. The average rent for one-bedroom condominium apartments in the TREB market area was up 11.4 per cent on an annual basis to...

Strong Price Growth Continues in Condo Segment

April 16, 2018 -- Toronto Real Estate Board President Tim Syrianos announced that the average selling price for condominium apartments sold through TREB's MLS® System was up by nine per cent year-over-year to $533,447 in the first quarter of 2018. While the number of condominium apartment sales reported by Greater Toronto Area REALTORS® in the first quarter was down by 29.7 per cent year-over-year to...

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