Tag #Toronto Real Estate

Showing 1 to 12 of 12 results

theglobeandmail.com
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Toronto Real Estate Market: Increased Supply Expected This Fall

The Toronto-area real estate market anticipates a surge in new listings this fall, driven by a return of unsold spring/summer properties and additional sellers entering the market, providing buyers with ample choices.

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24% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Toronto Real Estate Sees Record Underbidding in July 2024

A new report reveals that 76 percent of homes sold in the Greater Toronto Area (GTA) in July 2024 were underbid, with 97 percent of neighborhoods experiencing median sale prices below list prices, indicating a significant market shift and a possible prolonged downturn.

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40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 30% Global Worthiness
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Toronto House Sells Quickly After Price Cut

A two-bedroom house at 215 Bowood Ave. in Toronto, initially listed at $2,499,000 in mid-May 2025, sold for $2,275,000 in late May 2025, after a $200,000 price reduction and only 10 days on the market following the reduction. The house features an avant-garde design, geothermal heating, and a large ...

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52% Bias Score

Sustainable Cities and Communities
theglobeandmail.com
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Toronto Real Estate Market Slowdown: Prices Fall, Inventory Rises

Toronto's real estate market is experiencing a significant slowdown in May 2024, with condo prices in central Toronto falling 8 percent and detached house prices in the GTA dropping 5.4 percent, amid increased inventory and buyer hesitancy due to economic uncertainty.

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52% Bias Score

Reduced Inequality
theglobeandmail.com
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Toronto Home Sales Rise Despite Continued Price Declines

Toronto home sales rose 8.1 percent in June, continuing a three-month upward trend driven by lower prices and abundant inventory; however, sales remain 30 percent below the 10-year average, and the home price index fell 5.6 percent year-over-year.

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32% Bias Score

Reduced Inequality
forbes.com
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Toronto's Adaptive Reuse Boom: Converting Office Buildings into Homes and Community Hubs

Toronto's adaptive reuse projects, driven by remote work, housing shortages, sustainability initiatives, and tax credits, are converting former office buildings into residential spaces and community hubs, showcasing examples like the Imperial Plaza and Evergreen Brick Works.

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40% Bias Score

Sustainable Cities and Communities
theglobeandmail.com
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Young Ontarians defy housing affordability trends

Young adults in Ontario, aged 30 and under, surprisingly account for a large share of first-time home purchases (41.5% of condos and 38.5% of houses over the past five years), possibly due to family financial assistance, according to a Teranet report, while the increase in solo condo buyers and a sl...

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32% Bias Score

Reduced Inequality
theglobeandmail.com
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Toronto Real Estate: Lowball Offers and Buyer Uncertainty

Toronto's summer real estate market sees buyers employing lowball offers, with varying success depending on property condition and buyer financial stability; rising interest rates and economic uncertainty contribute to buyer hesitancy.

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40% Bias Score

Reduced Inequality
theglobeandmail.com
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Toronto Condo Sales Plummet to 30-Year Low

Toronto and Hamilton's preconstruction condo market experienced a record low of 502 sales in Q2 2024, a 10 percent drop from Q1, forcing developers to delay or cancel projects due to low buyer demand; similar challenges are seen in Metro Vancouver, highlighting a depressed Canadian housing market.

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48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 65% Global Worthiness
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Toronto Home Sellers Cut Prices Amid Increased Competition

In Toronto's cooling real estate market, sellers are cutting asking prices as new listings surge in July, forcing homeowners to adjust their expectations, leading to price reductions, while buyers benefit from more options but face stricter financing.

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36% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Post-Election Surge in Toronto Real Estate Listings Leads to Diverse Pricing Strategies

Following Canada's federal election, Toronto's real estate market is seeing a wave of new listings, with sellers employing various pricing strategies including deeply discounted prices, to attract buyers in a market offering more choice than in years past; however, sales remain inconsistent.

Progress

40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 65% Global Worthiness
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Toronto Real Estate Sees Unexpectedly Active Start to 2024

The Toronto-area real estate market is experiencing an unexpectedly active start to 2024, with increased seller activity and listings in various areas, driven by sellers' proactive approach in anticipation of potential market stagnation and spurred by recent interest rate cuts and loosened mortgage ...

Progress

40% Bias Score

Reduced Inequality

Showing 1 to 12 of 12 results