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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 […]

Average Condo Price Continues to Climb in Q2 ’18

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 […]

Condominium Assignments Frequently Asked Questions

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 […]

First Quarter 2018 Toronto Rental Report

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 […]

Strong Price Growth Continues in Condo Segment

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 […]