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All you need to know regarding the housing market in Toronto, Canada and abroad.
This week in Toronto: Sales continue to be strong, buyers tread cautiously into the market and why renting a condo is a better idea than buying.
Elsewhere: Housing prices continue to rise in Canada, apartments in Manhattan approach the 1 million mark and a very small London "flat" takes the internet by storm.
Housing sales in Toronto strong in all market segments (The Globe and Mail)
Toronto residents continue to pay eye-popping prices to gain a toehold in their preferred patch – whether they favour a townhouse in Kensington Market or a château in the suburbs, Globe Real Estate’s exclusive fall home value survey confirms.
Real estate buyers in Toronto appear to be treading more cautiously into the fall market – especially compared with the excessive bidding that took place in the city last spring.
The fight is back on in a dispute that could shake up the traditional real estate industry. The battle boils down to whether real estate brokers can give the public unfettered online access to important home sales information.
Why you should rent that condo — even if you can afford to buy it (Financial Post)