Monthly Archives: May 2017

Month: May 2017 Toronto area home sales drop in May, 2017 after chilling measures

  House sales fell 26 per cent in the Toronto region in May, 2017 following the Ontario government’s introduction of a foreign-buyer’s tax as many potential purchasers stepped back and waited to assess the market impact. In the 30 days after different provinces announced the immediate introduction of a 15 -per-cent foreign-buyer’s levy on April 20, 2017, the number of houses sold in the Greater Toronto Area fell 26 per cent compared with the same period last year, according to data compiled by Toronto realtor John Pasalis. Communities north of Toronto assured the greatest diminishes between April 20 and May 20, with sales

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Month: May 2017 What average priced detached Toronto house looked like in March, 2017

  The average price for a detached house in Toronto is $1,561,780, at least according to the latest Toronto Real Estate Board’s latest report. For that much money, you should be able to get a whole lot of house, right? Not always. While you won’t be able to buy a mansion for $1.5 million, you might be able to score a small home in a great neighbourhood, if you’re lucky. Or you could move an hour north and get yourself 40 acres of land in Georgina for the same price.   Here’s what an average price home looks like in

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