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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 […]

CONDO OWNERSHIP — WHAT TO EXPECT

CONDO OWNERSHIP — WHAT TO EXPECT

If you are considering the purchase of a condominium in the Greater Toronto Area you are one of many residents who recognize the numerous benefits of this type of property ownership. Offering affordability, proximity to desirable areas and limited maintenance, it’s no wonder that condominiums now represent one in every three resale home transactions 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 […]