Toronto Market Increases 25.96% Annually over 40 Years Real Estate Performance over Forty Years (1977 to 2017)How did real restate perform over the last forty years? The average sale prices as reported by TREB for single family homes of all types in the GTA, including houses, townhouses and apa...

01/17/2018

Toronto Market Increases 14.3% Annually over 30 Years

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Toronto Market Increases 14.30% Annually over 30 Years Real Estate Performance over Thirty Years (1987 to 2017) How did real restate perform over the last thirty years? The average sale prices as reported by TREB for single family homes of all types in the GTA, including houses, townhouses and ap...

01/16/2018

Toronto Market Increases 8.55% Annually over 25 Years

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Toronto Market Increases 8.55% Annually over 25 Years Real Estate Performance over Twenty Five Years (1992 to 2017)How did real restate perform over the last twenty five years? The average sale prices as reported by TREB for single family homes of all types in the GTA, including houses, townhou...

01/15/2018

Mortgage Rates - 15 January 2018 (Toronto and GTA)

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TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 2.64% Fixed 2 Year 3.24% 2.54% Fixed 3 Year 3.44% 2.84% Fixed 4 Year 3.89% 2.99% Fixed 5 Year 5.14% 2.94% Fixed 7 Year 5.30% 3.69% Fixed 10 Year 6.10% 3.74% Variable Rate 2.30% Prime Rate 3.20% Benchmark Rate 4.99% Cost per ...

01/15/2018

Toronto Market Increases 12.41% Annually over 20 Years

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Real Estate Performance over Twenty Years (1997 to 2017) Twenty years is a significant time period to compare. How did real restate do over that time period? The average sale prices as reported by TREB for single family homes of all types in the GTA, including houses, townhouses and apartment...

01/14/2018

Commercial Indicators - 12 January 2018 (Toronto and GTA)

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Commercial Bond Yields CMB GoC Floating RateInsured Cost of Funds 5 Year - 2.30%*CANHOU 06/15/23 [-0.01] 5 Year - 1.97%CAN 1.0 09/01/22 [-0.01] 1.45% [-] 10 Year - 2.55%*CANHOU 03/15/28 [-0.02] 10 Year - 2.18%CAN 1.0 0...

01/13/2018

Toronto Market 10.71% Annual Return Over 5 Years

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Real Estate Performance over Five Years (2013 to 2017) Far too often, consumers will focus upon very short periods of time as an indicator of the real estate market. We have a 10.71% annual increase over 5 years. I think a five year history is a fairly good indicator of the market. Here are the a...

01/12/2018

Mortgage Rates - 12 January 2018 (Toronto and GTA)

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Terms Posted Rates Preferred Rates6 months 3.14% 3.10%1 year 3.04% 2.64%2 years 3.24% 2.54%3 years ...

01/12/2018

Withdrawal of an Offer in Ontario

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Withdrawal of an Offer in OntarioQuestion:I have found information on Irrevocable date in the textbook that is confusing.It says with an irrevocable date:"You are giving the seller until a certain time on a certain date to consider and accept the offer. You are agreeing not to withdraw the offer ...

01/12/2018

Toronto Performance over Fifteen Years (11.13% annually)

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Real Estate Performance over Fifteen Years (2003 to 2017)A fifteen year time period is fairly extensive in terms of measuring performance of any asset class.The average sale prices as reported by TREB for single family homes of all types in the GTA, including houses, townhouses and apartments, fo...

01/12/2018