Toronto Market Report: Highest Number of Sales Pushes Average Home Price to $1.1M in March
With 79% of houses and 63% of condos selling over the asking price in a pandemic no less, average home buyers are stressed - and confused.
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With 79% of houses and 63% of condos selling over the asking price in a pandemic no less, average home buyers are stressed - and confused.
This month we explore low inventory levels and demand shock in Toronto's housing market.
This month we explore the booming housing market in Toronto and across Canada and how new macro-prudential policies can be introduced to help cool the market.
This month we do a data dive on the City of Toronto’s volatile condo market over the past year.
'Excessive exuberance' on display in the Toronto area real estate market right now.
With some homes getting up to 30 offers in the Toronto area right now, how can you get ahead as a buyer?
This month we look at Toronto's emerging housing bubble in the suburbs, how it's different from 2017 and how it will end this time around.
Realosophy's John Pasalis talks to Yahoo Finance on the record highs in real estate and why work from home, low inventory, bidding wars, and the Bank of Canada raises housing...
In this post we look at the condominium neighbourhoods within the Toronto and GTA area that have performed well in terms of home price appreciation during 2020.
Given the year we’ve had and the impacts of the COVID-19 pandemic, it’s interesting to note which neighbourhoods within the Toronto and GTA area have performed well in terms of...
In this month's Move Smartly report, we look at key trends to keep an eye on in the Toronto real estate market during 2021.
In this month's Move Smartly report, we look back at 2020 and how COVID-19 impacted the Toronto real estate market.
Realosophy's John Pasalis talks to Yahoo Finance about why Toronto's real estate market broke records during what's usually a quiet holiday season.
Realosophy's John Pasalis talks to BNN's Greg Bonnell about record month in which sales surged 64.5 per cent year-over-year amidst double-digit gains in all property types.
Our interviews with top experts on the market amidst Covid-19 identified these key factors making an impact now - and what to watch for next.
The Greater Toronto Area saw a record low 2,942 home sales in April 2020.
An increase in months of inventory suggests buyers as slowly re-entering the market - but not all regions across the Toronto area are picking up at the same speed.
Research over 500+ Toronto Area neighbourhoods to see which fit your lifestyle needs - and offer the best return on your financial investment.
Find out how local real markets are doing in over 500 Toronto area neighbourhoods - based on real time house price data.
This week, I talked to BNN Bloomberg about the questions you should be asking yourself before investing in a pre-construction condo.
John Pasalis, President of Realosophy Realty, joins BNN Bloomberg to discuss needed changes to Canada's mortgage stress tests - and why it is unlikely to make a big impact on...
Condos in the Greater Toronto Area are fetching prices 15% higher than last year - but this time, it's not because of higher demand.
Realosophy's John Pasalis talks to BNN's Greg Bonnell about why sharply rising prices - particularly in Toronto's condo sector - might be a cause for concern.
Realosophy's John Pasalis chats with the team at BNN Bloomberg to review Toronto real estate in 2019 - and discuss what's ahead for 2020.
The Toronto Area real estate market is heating up and getting competitive this winter as sales and prices rise and the number of new listings falls.
Why momentum is swinging back to the regions - and types of homes - that were hit hardest in last few years.
All Toronto area regions saw sales grow by double digits - except for Halton.
August home sales in the Greater Toronto (GTA) area were up 13% over the same month last year based on Realosophy Realty's analysis of sales through the Toronto Real Estate...
Toronto area detached home sales in continued to surge in last month - so why are prices falling?
Why are house prices sliding in the West of Canada, while the East returns to growth, with the Toronto Area's York Region leading the way?
Toronto area condo prices are now out of reach for many buyers, pushing sales down - so what's keeping prices up?
Strong demand continues with sales up 19% over the same month last year, but why aren't we seeing the bidding wars of previous years?
Condos have helped to prop up a drooping real estate market in the Toronto area - but has demand for them started to cool?
Toronto is doing better at the things that matter most and was less affected by negative factors.
The good, the bad and the ugly details that might impact Toronto’s housing market in the year ahead.
A soft landing in the housing market is a moderate and relatively balanced decline in house prices rather than a big 40-50% crash that some housing markets experience when...
Special Report: Toronto’s twenty-year housing boom has resulted in a negative side effect that homeowners are starting to feel – very high debt levels.
Will the Toronto real estate market return to previously seen highs - or has a major new road block appeared?
Can buying in outlying areas normally thought of as 'cottage country' be a viable way to get onto the housing ladder?
When will innovative Toronto-area brokerages like Realosophy finally be able to share home sold prices with consumers online?
Why are so many homes sitting empty and why has the number increased over last year?
When we look at the number of properties that have been listed for sale in the Greater Toronto Area (GTA) (including Toronto) since 2012, we see a very interesting trend.
The Canadian federal government introduced new mortgage rules in the fall of 2016 to combat rapidly increasing home prices - but have they driven up condo prices instead?
One of the questions I get often from buyers is how house prices can remain stable while sales are declining and inventory is increasing?
With Toronto Area condo sales down 26% in April 2018, many buyers are wondering why the condo market is still incredibly competitive and prices are still up.
Today we're releasing a new report featuring my analysis of last year's real estate bubble - why it happened and how it affected home buyers and sellers in Toronto and the...
This time last year we published a report Freeholds on Fire: How Investor Demand for Houses is Driving Up Prices in the Greater Toronto Area which looked at how investors in...
The headlines and the recent numbers about the Greater Toronto Area’s real estate market have not been great this spring. Average home prices are down 14% in March and sales...
John Pasalis in Toronto Real Estate News, Home Buying
In my last blog post (The GTA Neighbourhoods Home Buyers Should Avoid), I walked through a metric we use at Realosophy to...
John Pasalis in Toronto Real Estate News, Home Buying
I recently stopped by TVO’s The Agenda to discuss the latest market stats with the Toronto Star’s Tess Kalinowski, and...
Nicole Harrington in Listings of the Week
Here's my closer look at a recent Realosophy listing brought to market by our busy sales team - along with key insights and the...
The semiannual Globe and Mail Home Value Survey powered by Realosophy is out today! Go to the interactive map to see how your neighbourhood has performed.
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