By: Laura Ubaldino

2018 RE/MAX Luxury Report

Tags: 2018 RE/MAX luxury report

The 2018 RE/MAX Luxury Report has been released.  Sales of luxury homes in two of Canada’s most expensive cities fell this year, as the high-end real estate market continued to feel the impact of foreign buyers taxes. Sales of single-detached homes priced from $1 million to $2 million fell 35% from a year ago in both Toronto and Vancouver. Sales of single-detached homes in the $2-mil...Read More

By: Laura Ubaldino

December 2016 Market Stats

Tags: Toronto, Toronto Real Estate, Market Update, Homes for Sale, REMAX, Etobicoke, REMAX Professionals, Condos for Sale, Real Estate, Blog, Real Estate Blog

December market stats are in! The average sale price in Toronto has gone down 7.5%, but is still up 4.4% over December 2016. If we dip a little deeper, detached home prices have slightly lower by 2.3% from December 2016, but condos are up 14.1% year over year! As we head into 2018, the Home Price Index is predicting an overall increase of 11.67%. Happy 2018, and let's see what this January mon...Read More