Anna  Silva

Anna Silva

Broker

Mobile:
905-409-5810
Office:
905-597-0466
Jerzy  Klucznik

Jerzy Klucznik

Sales Representative

Royal LePAGE Citizen Realty Brokerage *

Mobile:
416-417-5221
Office:
905-597-0466
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Jerzy Klucznik's blog

Tarion adds new protection for condo buyers

Condo buyers in Ontario will get greater protection following the announcement of new requirements by the province’s home warranty provider.

Tarion says the new measures will help educate and inform prospective homebuyers and will include the addition of new search tools on Tarion’s Ontario Builder Directory and a new detailed information sheet highlighting the potential risks of purchasing certain types of pre-construction condominiums.

Tarion adds new protection for condo buyers

Condo buyers in Ontario will get greater protection following the announcement of new requirements by the province’s home warranty provider.

Tarion says the new measures will help educate and inform prospective homebuyers and will include the addition of new search tools on Tarion’s Ontario Builder Directory and a new detailed information sheet highlighting the potential risks of purchasing certain types of pre-construction condominiums.

No signs of overheating in the GTA's new home market

The beginning of fall typically marks the start of a busy season for the new home market in the Greater Toronto Area, and 2019 was no different.

According to the Building Industry and Land Development Association’s monthly new home market report, there were 3,061 new home sales across the GTA in September 2019, which is 73% higher than the same month a year ago. Altus Group, BILD’s trusted source for new home market intelligence, says this is 6% above the 10-year average. 

TREB Releases July Market Figures

Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 8,595 sales through TREB’s MLS® System in July 2019. This result was up by 24.3 per cent compared to July 2018. On a month-over-month basis, sales were up by 5.1 per cent, after preliminary seasonal adjustment.

New GTA home sales jumped 94% in May compared to a year earlier

There was strong activity in the Greater Toronto Area’s new homes market in May.

Figures from the Altus Group, the official data source of the Building Industry and Land Development Association (BILD) show 4,794 new homes were sold in the month, up 94% from a year earlier and 27% above the 10-year average.

GTA REALTORS® Release June 2019 Stats

The new President of the Toronto Real Estate Board, Michael Collins, announced that Greater Toronto Area REALTORS® reported 8,860 sales through TREB’s MLS® System in June 2019, representing a 10.4 per cent increase compared to June 2018. Over the same time period, total new listings remained at a similar level for the month of June and active listings at month-end were down by 5.7 per cent.

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