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Shan Thayaparan | Real Estate Sales Representative Serving 
Scarborough, Toronto, Ajax, Pickering, Durham, Brampton, Mississauga, York Region and the GTA | Re/Max Community Realty Inc., Brokerage

GTA Real Estate Market / My Blog

Brace for a possible tax on speculative home purchases

6/14/2017 | Posted in Mortgages and Real Estate by Shan Thayaparan

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The chief economist of the Canadian Real Estate Association says homeowners in the Greater Toronto Area should brace themselves for a possible tax on speculative home ...

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Ontario new housing rules take a bite out of new construction numbers for country

6/9/2017 | Posted in Real Estate Market by Shan Thayaparan

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Canadian housing starts fell 8.6 per cent in May from April, a decline fuelled by a massive pullback in new home construction since Ontario moved to cool the housing market in ...

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Big bank forecasts Toronto's future

6/8/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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One of Canada’s largest banks reacts positively to Toronto’s cooling market.

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Is Toronto's housing market decline for real?

6/8/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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Why sales and prices seem likely to continue to fall for at least the next two or three months.

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TREB May numbers show a soft month for Toronto real estate market

6/8/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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Home sales dropped in May 2017 compared to last year, but experts say the trend is likely temporary.

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Toronto home sales drop most since recession as new rules put brakes on market

6/6/2017 | Posted in GTA Real Estate by Shan Thayaparan

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Sales of existing homes across the Greater Toronto Area dropped a whopping 20.3 per cent in May from a year ago, while the average home price in the region fell about six per ...

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GTA REALTORS® Release Monthly Resale Housing Market Figures

6/5/2017 | Posted in GTA Real Estate by Shan Thayaparan

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Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 10,196 sales through TREB’s MLS® System in May 2017 ...

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Real estate not only more expensive, but also more complex

6/3/2017 | Posted in Ontario Real Estate by Shan Thayaparan

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The only thing increasing faster than GTA home prices is the complexity of the market. Lesser-known but very important changes are already underway that will significantly ...

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New record for GTA residential land sales

5/24/2017 | Posted in GTA Real Estate by Shan Thayaparan

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Residential land was the hottest sector in investment real estate sales in the GTA in the first quarter of 2017.

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Sales of new high-rise homes double 10-year average in GTA

5/23/2017 | Posted in GTA Real Estate by Shan Thayaparan

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Sales of new homes in the Greater Toronto Area gained 24 per cent year-over-year in the first four months of 2017 as the number of high-rise sales surged.

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GTA listings surge will quickly run its course: RBC

5/17/2017 | Posted in GTA Real Estate by Shan Thayaparan

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The surge in new listings in the GTA in April may be short-lived as many sellers may have been “cashing in their chips.”

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GTA condo sales break record

5/4/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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All industry eyes are keenly fixed on the Toronto real estate market following last month’s reveal of Ontario’s new housing plan; and while it’ll still take a ...

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GTA REALTORS® Report April Resale Housing Figures, As TREB Releases New Insights On Foreign Buyers, Speculation, And Multiple Ownership

5/3/2017 | Posted in GTA Real Estate by Shan Thayaparan

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The Toronto Real Estate Board has examined property assessment and land registry data in Ontario and has concluded that foreign buyer ownership, as well as speculation by ...

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Toronto's Fast Moving Prices Spread To Surrounding Suburban Real Estate

5/2/2017 | Posted in Ontario Real Estate by Shan Thayaparan

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Canadians are confident in the Canadian real estate market, and they’re putting their money where their mouth is. According to the latest numbers from the Canadian Real ...

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Housing policy to have more impact in GTA than Vancouver: Fitch

5/1/2017 | Posted in GTA Real Estate by Shan Thayaparan

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The measures announced by the government to curb the rising house prices in the Greater Toronto Area will have more “meaningful impact” than those already ...

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GTA condo sales up more than 20 per cent

4/26/2017 | Posted in GTA Real Estate by Shan Thayaparan

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The sale of condos in the Greater Toronto Area continues to surge with a 21.7 per cent in the first three months of 2017 compared to the same period of 2016.

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Activity in Canada's largest urban centres encouraging local buyers to relocate to surrounding markets : Re/Max

4/25/2017 | Posted in Real Estate Market by Shan Thayaparan

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"Move-over" buyers from Toronto and Vancouver turning to surrounding areas to find a balance of affordability, square footage, and access to ...

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Ontario to tax foreign buyers, expand rent control

4/20/2017 | Posted in Ontario Real Estate by Shan Thayaparan

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Ontario plans to help cool a hot housing market by bringing in a 15-per-cent foreign buyer tax, expanding rent control, allowing Toronto to impose a tax on vacant homes and ...

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Overheated Price Appreciation in Greater Toronto Area Reaches New Heights in the First Quarter of 2017

4/18/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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Apprehension grows over the region's steep price gains, causing many to search for property in regions beyond the GTA.

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GTA REALTORS® Release Resale Housing Market Figures

4/5/2017 | Posted in GTA Real Estate by Shan Thayaparan

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Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 12,077 residential sales through TREB’s MLS® System in ...

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GTA baby boomers choosing to stay put and renovate

4/2/2017 | Posted in GTA Real Estate by Shan Thayaparan

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In a market that’s undergoing intensification, home renovations are becoming serious business. Last year more than $72 billion was spent on renovations nationwide, ...

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GTA's hot housing market fuelled by strong economy

3/28/2017 | Posted in GTA Real Estate by Shan Thayaparan

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The GTA's hot housing market is a symptom of its rapidly growing economy compared to other parts of the country, but the expectation of perpetually rising prices poses a ...

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GTA high rise sales surging year-to-date

3/27/2017 | Posted in GTA Real Estate by Shan Thayaparan

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Sales of new high rise homes in the Greater Toronto Area have surged in the first two months of this year according to latest data from Altus Group.

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$1 million GTA homes have almost doubled

3/22/2017 | Posted in GTA Real Estate by Shan Thayaparan

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In the first two months of 2017 there were 2,876 such sales, up from 1,548 in the same period of 2016, a top real estate brokerage reports.

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GTA condo market is undersupplied: CIBC

3/17/2017 | Posted in GTA Real Estate by Shan Thayaparan

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The commonly-held perception that there are too many condos for sale in the Greater Toronto Area has been challenged by CIBC’s Benjamin Tal.

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Toronto's million-dollar house contagion has now officially spread to the suburbs

3/3/2017 | Posted in GTA Real Estate by Shan Thayaparan

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In Toronto suburbs, which cover the 905 area code, the average detached home price soared 35 per cent to $1.11 million from last February, the fastest growth of any housing ...

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GTA REALTORS® Release Monthly Resale Housing Market Figures

3/3/2017 | Posted in GTA Real Estate by Shan Thayaparan

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Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 8,014 residential sales through TREB’s MLS® System in ...

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Single-family homes in GTA average above $1 million

2/24/2017 | Posted in GTA Real Estate by Shan Thayaparan

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A new record has been set in the Greater Toronto Area with the average single-family ground-oriented home now surpassing $1 million, the Building Industry and Land Development ...

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Big bank increasingly bearish

2/17/2017 | Posted in GTA Real Estate by Shan Thayaparan

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Well, this may be the first time in recent memory a big bank economist has used the feared B-word in relation to real estate. Bubble.

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