The Toronto Condo Market This Week – August 5, 2016

Toronto house prices soar in ‘troubling trend’

Toronto’s red hot housing market is on pace for another record-setting year, as July home sales hit an all-time high of nearly 10,000 and prices rose by 16.7 per cent compared to the same month last year.

'Troubling trend' as Toronto real estate market sees record sales for July

The Toronto Real Estate Board says the average resale price of a home in the Greater Toronto Area climbed to $709,825 last month, up more than 16 per cent compared to a year ago.

Vancouver real estate tax sparks concerns for Toronto housing market

Toronto’s red-hot real estate market could get even hotter as foreign nationals looking to dodge a new 15% tax on properties in Vancouver seek new places to invest, realtors say.

Toronto's house price jump stirs fear offshore buyers will head east

Toronto’s housing market churned out another month of soaring price gains in July, fuelling concerns that it could be the next target of a tax on foreign investors.