Toronto Market Ends 2018 On A Quiet Note

Toronto area sales and prices were down in December, as they always are at year-end, closing out a positive and mostly uneventful year when the real estate market returned to quiet stability after the chaos of the 2016/2017 bubble inflation and collapse. For the year as a whole, average GTA prices were down 4% vs… Read More

Toronto Homes Among the Most Overvalued in the World

The Economist magazine has published a very cool interactive chart that allows you to see at a glance how home prices in major cities around the world compare to each other over the past 20 years, and how ‘overvalued’ they are in terms of the ratio of price to household income. As you can see… Read More

CREA Forecasts Higher Prices & Sales for Ontario in 2019

The Canadian Real Estate Association (CREA) is Canada’s national association of real estate agents, similar to the National Association of Realtors (NAR) in the United States. Among other services, CREA publishes data on MLS sales across the country and has recently published their province-by-province forecasts for home prices and sales volumes in 2019 (see charts… Read More