Posted by: torontocondo | April 18, 2015

Toronto And Vancouver Homes Jump In Average Price So Far

Toronto Homes increase in average price as well as Vancouver Homes in the first three months.

A Royal LePage survey reported the average price of detached bungalows increased 6.6% to $405,895.

However there was a steady softening of Home prices in most Canadian Real Estate Markets in the middle of 2014.

Home prices were up moderately in Halifax, Montreal, Calgary and Edmonton but Home prices were flat in Saskatoon.

Where in Toronto do you want to live?

Search Now!

Each one of these Toronto Condominium Districts are more than enough to attract both Condo buyers and Condo renters.

Many of these Toronto Condos are very close to Rapid Transit and many of them offer work and play in the very same neighbourhood.

Take a look and be sure to call me to arrange showings for any Toronto Condos that may just interest you!

Iris Li is a ReMax Condos Toronto Realtor specializing in Toronto Downtown Condos, Condominiums, Town homes and Lofts.

Call today for a scheduled showing for any of these Toronto Condo properties or Toronto Single-Detached Homes!

 

 

 

Posted by: torontocondo | April 8, 2015

Toronto Home And Condo March Sales,Average Price Results

Toronto Waterfront Condo

Toronto Waterfront Condo

Toronto Home And Condo  Sales,Average Price Results:March

The City of Toronto (416 Area) reported 1,506 Condos sold during March, 2015 with an average price of $398,337 for these Toronto Condominium apartments.

  • Toronto Detached Homes sales increased 4.3% , the average price increased 15.9% to $1,042,405.
  • Toronto Semi-Detached Homes sales dropped -5.3%, the average price increase $723,167 up 9.8%.
  • Toronto Townhomes sales increased 8.3%, the average price up 13.1% to $546,993, up 13.1%
  • Toronto Condo apartments sales up 13.5% , the average price $398,337, up 3.3%

In our Toronto Condos Blog we offer you the reader, unique Toronto Condominium photos and current information on the latest Toronto MLS listings for the Toronto Condo Market.

Take a look at the right side of this Condo Blog to view the Most Viewed Condo Blog Posts for some interesting Toronto Condo Blogs viewed by our readers.

Iris Li is a Remax Condos Toronto Realtor specializing in both new and resale Toronto Downtown Condominiums. and Toronto Homes for sale.

Pictured Above: Pier 27 Condos For Sale/Rent.

Related Toronto Condo Blog Posts:

L Tower Condos For Sale/Rent (buyselltorontorealestate.com)

Aura Condos For Sale or Rent (torontohomeandcondo.com)

New Toronto Condos Completed In 2014 Set Record (torontorealestatehome.com)

Iris Li Remax Toronto Realtor

Iris Li Remax toronto Realtor

Posted by: torontocondo | April 3, 2015

Toronto Condo Corporations Rising Repairs & Maintenance

Cinema Tower Condos For Sale/Rent

Cinema Tower Condos For Sale/Rent

Insurance Companies Refusing New Condo Clients Over Quality Concerns.

Rising claims for water damage in many Toronto Condos is resulting in some Insurance companies refusing new business or demanding higher premiums for coverage.

Outdated Ontario Provincial legislation does not go far enough to prevent quality problems as Condos age.

Some insurance companies are being more restrictive about what Condo corporations they will insure and the cost of Condo insurance is rising for other Condo corporations as well as the minimum deductible.

Shoddy construction in some new Toronto Condos has resulted in lawsuits and higher repair costs for major problems like water damage with premiums and  insurance deductibles both expected to grow further.

The Insurance Bureau of Canada sees a need to improve the quality of Condo construction and ensure Condo repairs and preventive maintenance are rigorous and on going by Condominium corporations.

Iris Li is a ReMax Condos Toronto Realtor specializing in both new and resale Toronto Downtown Condominiums. and Toronto Homes for sale.

Pictured Above: Cinema Tower Condos For Sale/Rent

Related Toronto Condo Blog Posts:

L Tower Condos For Sale/Rent (buyselltorontorealestate.com)

Aura Condos For Sale or Rent (torontohomeandcondo.com)

The One Condos Bloor And Yonge Street (torontorealestatehome.com)

Posted by: torontocondo | March 25, 2015

Toronto Detached Home Price Up 21.3% Mid-March 2015

 

Cinema Tower Condos For Sale/Rent

Cinema Tower Condos For Sale/Rent

Toronto Detached Home sales and average prices are increasing again in the first two weeks of March, 2015.

Sales of Detached Homes in the City of Toronto increased 13.2 per cent indicating am excellent start for the beginning of Toronto Real Estate Spring Home buying season.

The average price for a City of Toronto Detached Home increased 21.3 per cent to $1,099,239 compared to the same time period last year.

It appears a lot of Toronto Home buyers were looking in the Fall of 2014 at where they wanted to live and are making their preferences known now early, in this Spring Market of 2015.

A shortage of Toronto Detached Home listings is making the Home buying process more difficult and at the same time increasing Home prices even more.

Iris Li is a ReMax Condos Toronto Realtor specializing in both new and resale Toronto Downtown Condominiums. and Toronto Homes for sale.

Pictured Above: Cinema Tower Condos For Sale/Rent

Related Toronto Condo Blog Posts:

L Tower Condos For Sale/Rent (buyselltorontorealestate.com)

Aura Condos For Sale or Rent (torontohomeandcondo.com)

The One Condos Bloor And Yonge Street (torontorealestatehome.com)

 

Posted by: torontocondo | March 19, 2015

Average Toronto Condo And Home Price Mid-March

 

U Condos Bay Street

U Condos Bay Street

 

The Toronto Real Estate Board reported 655 Condos sold in the 416 area, during Mid-March, 2015 with an average price of $396,805 for these Toronto Condominium apartments.

  • Toronto Detached Homes sales up 13.2% with the average price increasing 21.3 to $1,099,239
  • Toronto Semi-Detached Homes sales decreased -7.2%, the average price $782,940,up 13.3%.
  • Toronto Townhome sales  up 21.9%, the average price up 11.6% to $536,446.
  • Toronto Condo apartments sales up 12.9% , the average price $396,805 up down -0.8%

In our ongoing Toronto Condo Blogs we continue to offer you the reader, unique Toronto Condominium photos and updated information on the latest Toronto MLS listings for the Toronto Condo Market.

Iris Li is a Remax Condos Toronto Realtor specializing in both new and resale Toronto Downtown Condominiums. and Toronto Homes for sale.

Pictured Above: U Condos Bay Street Toronto

Related Toronto Condo Blog Posts:

L Tower Condos For Sale/Rent (buyselltorontorealestate.com)

Aura Condos For Sale or Rent (torontohomeandcondo.com)

The One Condos Bloor And Yonge Street (torontorealestatehome.com)

Posted by: torontocondo | March 13, 2015

Hot Toronto And Vancouver Spring Real Estate Markets

The Toronto Home And Condo Market sees increased early Spring sales.

It appears the Toronto Real Estate Market and the Vancouver Real Estate Market have no plans in slowing down as we start the beginning of a new year.

First, the ongoing lack of new listings is making the Home buying experience more difficult as more Toronto Home buyers are bidding on fewer listings.

The Toronto Condo market is experiencing more and more inventory but both Toronto Condo buyers and Toronto Condo renters are making better use of new inventory.

Vancouver Real Estate also experienced positive growth in both sales and average prices in the first two months of this year.

Toronto Real Estate monthly resale market figures for February showed the average city of Toronto detached Home sold for an average price of $1,040,018 an increase of 8.9% year-over-year.

The average city of Toronto Condo sold for $369,655 results of a 12.4% increase in sales.

Spring 2015 gains!

Where in Toronto do you want to live?

Search Now!

Each one of these Toronto Condominium Districts are more than enough to attract both Condo buyers and Condo renters.

Many of these Toronto Condos are very close to Rapid Transit and many of them offer work and play in the very same neighbourhood.

Take a look and be sure to call me to arrange showings for any Condos that may just interest you!

Iris Li is a ReMax Condos Toronto Realtor specializing in Toronto Downtown Condos, Condominiums, Town homes and Lofts.

Call today for a scheduled showing for any of these Toronto Condo properties or Toronto Single-Detached Homes!

Posted by: torontocondo | March 6, 2015

Toronto Home And Condo February Sales, Average Price Results

L Tower Condos

L Tower Condos

Toronto Home And Condo February Sales,Average Price Results:

The City of Toronto (416 Area) reported 1,153 Condos sold during February, 2015 with an average price of $369,655 for these Toronto Condominium apartments.

  • Toronto Detached Homes sales increased 16.9% , the average price increased 8.9% to $1,040,018.
  • Toronto Semi-Detached Homes sales dropped -1.5%, the average price increase $702,035 up 4.9%.
  • Toronto Townhomes sales increased 10.7%, the average price down -7.0% to $507,843
  • Toronto Condo apartments sales up 12.4% , the average price $369,655 down -0.9%

In our Toronto Condos Blog we offer you the reader, unique Toronto Condominium photos and current information on the latest Toronto MLS listings for the Toronto Condo Market.

Take a look at the right side of this Condo Blog to view the Most Viewed Condo Blog Posts for some interesting Toronto Condo Blogs viewed by our readers.

Iris Li is a Remax Condos Toronto Realtor specializing in both new and resale Toronto Downtown Condominiums. and Toronto Homes for sale.

Pictured Above: L Tower Condos For Sale/Rent.

Related Toronto Condo Blog Posts:

L Tower Condos For Sale/Rent (buyselltorontorealestate.com)

Aura Condos For Sale or Rent (torontohomeandcondo.com)

New Toronto Condos Completed In 2014 Set Record (torontorealestatehome.com)

Iris Li Remax Toronto Realtor

Iris Li Remax toronto Realtor

Posted by: torontocondo | February 27, 2015

Toronto Condominiums New Home Of Choice For Condo Buyers

L Tower Condos

L Tower Condos

Both Toronto Condo buyers and Toronto Condo Investors choosing Downtown Condominium living in 2015.

In 2014 over 21,991 Condo sales were reported by RealNet Canada Inc., up 38 per cent more than 2013.

Condo sales in 2015 should be another strong year for Condominium sales both in downtown Toronto and the Greater Toronto Area.

For first time buyers Condominium are a natural choice due to the difference of almost $251,337 in the average price from low-rise to high-rise Homes.

Toronto Condo buyers continue to enjoy the latest Condo lifestyles with many Condos offering Five Star  features. The simple fact of walking to work in downtown Toronto compared to the long commute by car, Go Train and even Rail have many reconsidering their living options.

We can show you and Broker any of these Toronto Condos you view on this website as well as new MLS listings as they come on to the Toronto Real Estate Market.

To schedule a showing- or to get help finding your perfect  Toronto Condo, either click here to fill out my contact form, or give me a call and I will be happy to follow up with you!

Pictured above: L Tower Condos for sale/rent.

View the Toronto Home And Condo Housing Market below:

Toronto Rosedale Home For Sale

Toronto Downtown Condos For Sale

 

Posted by: torontocondo | February 23, 2015

Toronto Home And Condo Average Price Mid-February

U Condos Bay Street

U Condos Bay Street

 

The Toronto Real Estate Board (416 Area) reported 564 Condos sold during Mid-February, 2015 with an average price of $373,934 for these Toronto Condominium apartments.

  • Toronto Detached Homes sales up 25.3% with the average price increasing 10.9%to $1,056,238.
  • Toronto Semi-Detached Homes sales increased 18.8%, the average price increase $717,556 up 3.4%.
  • Toronto Townhome sales  up 23.4%, the average price down -9.9% to $510,839.
  • Toronto Condo apartments sales up 8.9% , the average price $373,934 up down -0.1%

In our Toronto Condos Blog we continue to offer you the reader, unique Toronto Condominium photos and current information on the latest Toronto MLS listings for the Toronto Condo Market.

Take a look at the right side of this Condo Blog to view the Most Viewed Condo Blog Posts for some interesting Toronto Condo Blogs viewed by our readers.

Iris Li is a Remax Condos Toronto Realtor specializing in both new and resale Toronto Downtown Condominiums. and Toronto Homes for sale.

Pictured Above: U Condos Bay Street Toronto

Related Toronto Condo Blog Posts:

L Tower Condos For Sale/Rent (buyselltorontorealestate.com)

Aura Condos For Sale or Rent (torontohomeandcondo.com)

New Toronto Condos Completed In 2014 Set Record (torontorealestatehome.com)

Posted by: torontocondo | February 17, 2015

Average Canadian Home Price Higher By 3.1% In January

The new year started positive with the average House price across Canada increasing to $401,000, up 3.1 per cent year over year.

According to the Canadian Real Estate Association it was the smallest increase since April, 2013.

Taking out calculation for the Toronto and Vancouver Real Estate Markets the average Canadian Home price would be $312,280, a decrease of 0.3 per cent.

Home sales across Canada were down 2 per cent  from a year ago with weak activity from both Calgary and Edmonton .

There were 6.5 months of Housing inventory ( the number of months to sell all Houses at the current rate of buying) across Canada in January, again the highest reading since April 2013.

View the Toronto Home And Condo Housing Market below:

Toronto Rosedale Home For Sale

Toronto Downtown Condos For Sale

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