GTA bidding wars may soon skid to a stop

For months, the lack of listings in Toronto has prompted flocks of frenzied buyers to jump into bidding wars all over the city. But, according to a new report, it looks like relief may be in sight as more and more homeowners are putting their properties up for sale.

Real Estate Roundtable 2010

T.O. housing is reaching historic heights, but with the HST, mortgage changes & interest rate hikes ahead, is our inflated market floating toward a giant pin?

GTA existing home sales soar in November

If there is a housing bubble to burst, it’s not going to happen this month. Agents are telling us that the market hasn’t been slowing down much, even though the holiday season is approaching. But it’s the numbers that really tell the story. In the first two weeks of November, Greater Toronto REALTORS reported 3,666 sales — a whopping 84 per cent jump compared to the same period in 2008 — according to a report from the Toronto Real Estate Board.

What goes up must come down

There’s no denying it — Toronto’s resale housing market is hot right now. But, as the old saying goes, what goes up must come down. At least that’s what real estate commentator and former MP Garth Turner has been trying to tell people.

After-School Special

Looking for an unconventional home that allows for your full creative expression? A historic schoolhouse might be just what you’re looking for — think, one large and very open room, high ceiling, lots of land.

Condo controversy

A controversial Forest Hill development proposal will go to the Ontario Municipal Board pre-hearing this month.

2009 Real Estate Roundtable

What a difference a year makes. Last year’s roundtable came at the height of the real estate boom, and our panelists were accordingly optimistic about the health of housing.