Real Estate New-Royal York Property Mangement

16 Oct: Real Estate News

Canada’s Real Estate Market Experiencing The Boomerang Effect Real estate brokers are balancing sleepless nights with black tie launches as the bids keep rolling in. Canada’s real estate market has almost returned to its 2017 heyday as benchmark prices in Toronto jumped 5.2 percent to $805,500 this September compared to the same time last year. That’s only…

Property developers step up residential construction as housing market emerges from deep freeze

09 Oct: Real Estate News

Property developers step up residential construction as housing market emerges from deep freeze Ontario — which needs ‘every last unit at this point’ — and B.C. lead the boom fuelled by population inflows and resilient economies Canada’s housing industry is booming with construction permits surging as developers respond to strong demand, according to new data…

House GTA

02 Oct: Real Estate News

Toronto is now the world’s second most overvalued property market: UB Toronto has emerged as the world’s second most overvalued housing market on the back of low rates and supply shortages, according to UBS AG’s annual global real estate bubble index. Vancouver was sixth in the Swiss bank’s 2019 index that is led by Munich,…

Real Estate New-Royal York Property Management

30 Sep: Real Estate News

Muti-million-dollar commercial deal in Toronto finalized Scheduled to close by the end of this month, a multi-million-dollar transaction is attesting to the strong demand for Toronto’s retail spaces. Earlier this week, Choice Properties Real Estate Investment Trust announced that it has cemented an agreement to sell a 30-property portfolio to a third-party buyer. “We are…


27 Sep: Real Estate News

It Now Takes Torontonians 3 Decades To Afford Their First Home For the average millennial, buying homes in Toronto has always been a dream. The city is notorious for having a sky-high real estate market. Unless you’re a one-percenter, chances are you would have a hard time coming up with hundreds of thousands of dollars…

Real Estate News-Royal York Property Managemnt

25 Sep: Real Estate News

Toronto home sales jump 13% and prices climb 5% as demand outstrips supply A double-digit percentage increase in the number of Greater Toronto Area houses sold last month shows the region’s property market is “quite fine,” according to analysts, as it rebounds from mortgage controls introduced last year that sidelined some buyers. Housing sales in…


23 Aug: Real Estate News

A reset on repurposing Toronto school board real estate It’s one of Toronto’s most tangled land use headaches. With 600 properties comprising more than 2,000 hectares, the Toronto District School Board is by far the city’s the largest property owner, but one plagued with systemic trends it has little power to control: long-term enrolment declines,…


21 Aug: Real Estate News

GTA housing sales up 24.3% in July, prices rise due to tighter supply TORONTO — The Greater Toronto Area‘s home price index was up 4.4 per cent last month as the supply of properties for sale tightened and the number of sales jumped 24.3 per cent from July last year, the Toronto Real Estate Board reports….


19 Aug: Real Estate News

Amid strong rentals, Toronto real estate investment holding strong Strong immigration and employment growth is pushing Toronto’s investment rental property to the forefront, according to Marcus & Millichap’s Q3 2019 Multifamily Market Report covering the GTA. In the first half of 2019 alone, the region saw the addition of 81,600 new jobs to its economy….

Real Estate News

15 Aug: Real Estate News

When Will The Toronto Real Estate Market Crash? As we complete the first half of 2019, we can see that the market has been pretty unpredictable. Toronto saw a price surge in the spring in some areas, and many buyers remain skittish and uncertain due to the mortgage stress test. If you’re wondering when will Toronto real…