Ontario Archives - Better Dwelling https://betterdwelling.com/category/canada/ontario/ Canada’s Fastest Growing Real Estate News Source Fri, 15 Dec 2023 19:09:53 +0000 en-US hourly 1 https://i0.wp.com/betterdwelling.com/wp-content/uploads/2016/07/cropped-better-dwelling-flower-logo.png?fit=32%2C32&ssl=1 Ontario Archives - Better Dwelling https://betterdwelling.com/category/canada/ontario/ 32 32 64691831 Fire Sale: Toronto Mansion Listed For Sale At $14M Torched By Arsonists https://betterdwelling.com/fire-sale-toronto-mansion-listed-for-sale-at-14m-torched-by-arsonists/ https://betterdwelling.com/fire-sale-toronto-mansion-listed-for-sale-at-14m-torched-by-arsonists/#comments Fri, 15 Dec 2023 19:09:50 +0000 https://betterdwelling.com/?p=24446 Another day, another newly built home is torched. Toronto Fire Services responded to a residential fire on Thursday morning around York Mills. The newly built, sprawling mansion, listed for sale at $14 million, was mostly lost by the time they could put the fire out. Toronto Police are now looking for four suspects caught on […]

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Toronto Real Estate Prices Drop As Market Loosens At A Breakneck Speed https://betterdwelling.com/toronto-real-estate-prices-drop-as-market-loosens-at-a-breakneck-speed/ https://betterdwelling.com/toronto-real-estate-prices-drop-as-market-loosens-at-a-breakneck-speed/#respond Tue, 05 Dec 2023 20:30:08 +0000 https://betterdwelling.com/?p=24388 Greater Toronto real estate is unlikely to have a Christmas rally like some had hoped. Toronto Regional Real Estate Board (TRREB) data shows home prices fell further in November. Home sales continue to fall while inventory builds, easing market conditions. In fact, the erosion of market pressures is occurring at one of the fastest rates […]

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Toronto Offices Look To International Students As Businesses Get Priced Out https://betterdwelling.com/toronto-offices-look-to-international-students-as-businesses-get-priced-out/ https://betterdwelling.com/toronto-offices-look-to-international-students-as-businesses-get-priced-out/#comments Thu, 09 Nov 2023 18:29:54 +0000 https://betterdwelling.com/?p=24256 Canadian real estate is changing fast, and office spaces aren’t escaping the impact. Commercial real estate giant Avison Young‘s latest report on Greater Toronto Area (GTA) office space reveals softening business demand. High priced office space is out, and traditionally “less desirable” space is in. The firm notes a major trend softening the blow—demand from […]

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Toronto Real Estate Prices Drop Over $20k As Listings Surge 38% Higher https://betterdwelling.com/toronto-real-estate-prices-drop-over-20k-as-listings-surge-38-higher/ https://betterdwelling.com/toronto-real-estate-prices-drop-over-20k-as-listings-surge-38-higher/#comments Thu, 02 Nov 2023 17:06:05 +0000 https://betterdwelling.com/?p=24219 Greater Toronto real estate is back to an ice cold market, after higher rates killed off speculation. Toronto Regional Real Estate Board (TRREB) data shows the composite benchmark (typical) home price made a sharp drop in October. Fewer sales were a major contributor, but the biggest factor is rising inventory. A lot more sellers are […]

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Toronto Real Estate Prices Drop As New Listings Surge 44% Higher https://betterdwelling.com/toronto-real-estate-prices-drop-as-new-listings-surge-44-higher/ https://betterdwelling.com/toronto-real-estate-prices-drop-as-new-listings-surge-44-higher/#comments Wed, 04 Oct 2023 19:09:32 +0000 https://betterdwelling.com/?p=24079 Greater Toronto real estate prices are once again moving lower as investors pull back. Toronto Regional Real Estate Board (TRREB) data revealed prices moved lower in September. It marked the third consecutive month for falling home prices, nearly wiping out gains made after a central bank pause. Despite a new pause, home sales are falling […]

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Ontario Real Estate Industry Wants Student Loan Forgiveness…For Downpayments https://betterdwelling.com/ontario-real-estate-industry-wants-student-loan-forgivenessfor-downpayments/ https://betterdwelling.com/ontario-real-estate-industry-wants-student-loan-forgivenessfor-downpayments/#comments Wed, 20 Sep 2023 20:45:35 +0000 https://betterdwelling.com/?p=24012 Canadians looking for student loan relief have a new ally—Ontario’s real estate industry. The Ontario Real Estate Association (OREA), a trade organization representing 90,000 Realtors, released a new report called The ˆImpact of Student Loan Debt On Homeownership. Many students feel their loans are yet another hurdle to ownership, and the organization has a few […]

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Toronto Real Estate Prices Plunge Over $20k, Now A “Buyer’s Market” https://betterdwelling.com/toronto-real-estate-prices-plunge-over-20k-now-a-buyers-market/ https://betterdwelling.com/toronto-real-estate-prices-plunge-over-20k-now-a-buyers-market/#comments Thu, 03 Aug 2023 18:10:20 +0000 https://betterdwelling.com/?p=23743 Greater Toronto real estate prices are suddenly back to correcting, despite a mini-boom. Toronto Regional Real Estate Board (TRREB) data shows home prices fell in July. Rising interest rates are the first thought, but home sales are still climbing. Home buyers just aren’t able to keep up with sellers—new listings are climbing much faster than […]

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Toronto Real Estate Prices Slow, Suburbs Fall As Much As $50k In A Month https://betterdwelling.com/toronto-real-estate-prices-slow-suburbs-fall-as-much-as-50k-in-a-month/ https://betterdwelling.com/toronto-real-estate-prices-slow-suburbs-fall-as-much-as-50k-in-a-month/#comments Thu, 06 Jul 2023 16:50:10 +0000 https://betterdwelling.com/?p=23617 Greater Toronto real estate wasn’t looking as confident as it had been recently. TRREB data shows the price of a typical home (composite benchmark) climbed in June 2023. However, the increase was notably smaller than recent months, potentially indicating slowing momentum. At the same time, some affluent suburbs returned to falling prices—one dropping as much […]

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Toronto Real Estate Correction Hits Pause, Prices Jump $27k Higher https://betterdwelling.com/toronto-real-estate-correction-hits-pause-prices-jump-27k-higher/ https://betterdwelling.com/toronto-real-estate-correction-hits-pause-prices-jump-27k-higher/#comments Wed, 05 Apr 2023 16:42:36 +0000 https://betterdwelling.com/?p=23203 Are Greater Toronto real estate prices past the bottom? Toronto Regional Real Estate Board (TRREB) data shows the composite benchmark, or typical home, saw prices surge higher in March. Home sales remain weak despite the pop, and experts don’t see that changing in the near term. However, buyers in the market sent prices much higher […]

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Greater Toronto New Home Prices Are Finally Coming Down https://betterdwelling.com/greater-toronto-new-home-prices-are-finally-coming-down/ Wed, 29 Mar 2023 15:30:00 +0000 https://betterdwelling.com/?p=23153 Greater Toronto real estate has seen new home sales collapse, but prices have been sticky. That’s beginning to turn, according to February data provided by Altus Group. Falling sales and rising inventory are finally chipping away at prices. However, recent gains since 2020 remain significant despite doubling inventory and halving sales.  Greater Toronto New Home […]

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