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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

Home Prices / My Blog

The Facts Behind Toronto's Most Recent Real-Estate Frenzy

7/6/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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New statistics released by the Toronto Real Estate Board once again confirm everyone didn't just wake up to a shortage of land overnight.

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Realtors' internal numbers show Toronto home prices fell more than 6% in two weeks

6/21/2017 | Posted in GTA Real Estate by Shan Thayaparan

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Internal mid-month statistics for June from the Toronto Real Estate Board show average prices in the Greater Toronto Area shed almost 6.4 per cent in just two weeks with sales ...

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Home Prices Up a Record 2.2% in May

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

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In May, the Teranet–National Bank National Composite House Price Index™ was up 2.2% from the previous month, the largest May gain in the 19-year history of the ...

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Canada home prices not coming down yet thanks to low rates: Reuters poll

5/25/2017 | Posted in Real Estate Market by Shan Thayaparan

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Efforts to rein in Toronto's hot housing market and recent problems at mortgage lender Home Capital are unlikely to hurt Canada's national real estate market as low ...

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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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Toronto house prices may jump 25% this year: Report

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

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Toronto’s housing market is likely to stay strong for the rest of the year, with home prices jumping as much as 25 per cent, amid hints that speculators are fuelling ...

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Toronto house price surge down to speculators

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

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The ever-rising home prices in Toronto are set to gather pace and require policy measures to curb speculation according to economists.

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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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Ontario urging Ottawa to change tax rules in bid to curb real estate speculation

3/20/2017 | Posted in Real Estate News by Shan Thayaparan

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Ontario Finance Minister Charles Sousa is urging Ottawa to address speculative investing in the country's housing markets by changing how such profits are taxed.

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Canadian home prices climb another 1% in biggest February increase on record as Toronto stays strong

3/14/2017 | Posted in Real Estate Market by Shan Thayaparan

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Canadian home prices rose in February as prices continued to climb in the hot Toronto market, data showed on Tuesday in a report that was unlikely to alleviate concerns from ...

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Canada's red hot real estate heats up apartment market to heights not seen in 30 years

3/7/2017 | Posted in Real Estate Market by Shan Thayaparan

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Vacancy rates are tight across Canada as residents find themselves priced out of the housing market.

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Prices soar 30 per cent in this Ontario market

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

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The continued boom in the housing market in the Greater Toronto Area continues to push other Ontario markets higher.

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Government "very focused" on monitoring housing market: Finance Minister

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

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The government remains “very focused” on monitoring the Canadian housing market, Finance Minister Bill Morneau said. His remarks come amid rising prices in Toronto ...

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Big banks are freaking out about Toronto real estate

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

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Add Canada’s largest bank to the growing chorus of lenders worrying about unsustainable price growth in Toronto. Sparking speculation that further mortgage rule ...

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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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Home Prices Up 0.5% in January

2/14/2017 | Posted in Real Estate Market by Shan Thayaparan

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In January, the Teranet–National Bank National Composite House Price Index™ was up 0.5% from the previous month, matching the largest January increases in the ...

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GO expansion could boost GTA property values

2/9/2017 | Posted in GTA Real Estate by Shan Thayaparan

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A study commissioned by the Toronto Real Estate Board considered the impact of GO’s Regional Express Rail expansion on Toronto region housing prices and ...

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Toronto's new home prices hit fresh record as housing shortage nears 'crisis levels'

1/29/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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Supply of new low-rise homes in the city have declined so dramatically in the past decade that some projects are selling out just hours after launching, builders say.

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Greater Toronto Area booms with $1 million plus home sales

1/11/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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The $1-million club isn’t so exclusive any longer, as a record number of homes sold for at least that much in the Greater Toronto Area last year.

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Canadian housing prices saw the sharpest rise in 10 years

1/4/2017 | Posted in Real Estate Market by Shan Thayaparan

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Amid crucial political developments worldwide and the passage of federal measures intended to improve affordability, 2016 has proven to be a year of flux for the Canadian ...

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Stop blaming the Greenbelt for Toronto's housing prices

1/3/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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A number of critics would have us believe that Ontario’s land-use legislation is the top culprit for rising house prices in the Greater Toronto Area – namely the ...

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5 factors that could affect home prices in 2017

12/30/2016 | Posted in Real Estate Market by Shan Thayaparan

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Whether you are looking to buy or deciding if this is the year to sell, the question on many minds both at home and abroad is, "Will Canadian real estate keep ...

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No easing for GTA home prices: BILD

12/23/2016 | Posted in GTA Real Estate by Shan Thayaparan

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Home prices in the Greater Toronto Area continued to rise to unprecedented levels in November, the Building Industry and Land Development Association (BILD) says.

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Home Prices Up 0.2% In November

12/14/2016 | Posted in Real Estate Market by Shan Thayaparan

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In November, the Teranet–National Bank National Composite House Price Index™ was up 0.2% from the previous month, slightly more than the average November rise of ...

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Canadian home prices expected to increase by two per cent in 2017 as demand remains high

12/8/2016 | Posted in Real Estate Market by Shan Thayaparan

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High demand and low supply continued to characterize Vancouver's and Toronto's housing markets throughout 2016 as competition from buyers for limited inventory of ...

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Monthly Resale Housing Market Figures in GTA: TREB

12/2/2016 | Posted in GTA Real Estate by Shan Thayaparan

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House hunters in the Toronto region paid about $144,000 more - about 23 per cent more - to purchase a home this November than those who bought the same month last year, ...

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Ontario's home costs growing by approximately $2K every few days

11/23/2016 | Posted in Ontario Real Estate by Shan Thayaparan

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Over the past year, the average price of homes in Ontario has swelled by more than $88,000, translating to a growth rate of around $2,000 every 8 or 9 days.

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Home Prices Up 0.3% In October

11/15/2016 | Posted in Real Estate Market by Shan Thayaparan

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In October, the Teranet–National Bank National Composite House Price Index™ was up 0.3% from the previous month, slightly more than the average October rise of 0.2% ...

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Ontario will outline plans next week to deal with rising home prices

11/9/2016 | Posted in Ontario Real Estate by Shan Thayaparan

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Ontario will take steps next week to deal with rising house prices, but it will not follow British Columbia's lead and impose a tax on foreign buyers.

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