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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 Sales Toronto / My Blog

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 could become a "buyer's market" in coming months: RBC

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

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Is that for real? Toronto may soon become a buyer's market, according to RBC.

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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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Toronto's housing market feels chill from provincial measures

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

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Toronto’s overheated housing market has cooled rapidly since the Ontario government announced a suite of new housing measures in April, with average prices dropping 6 per ...

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GTA Home Sales Plunge 26% Following Ontario Foreign Buyer Tax

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

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On April 20th 2017 the Ontario government introduced their Fair Housing Plan which included a 15% tax on homes purchased by foreign (non-resident) buyers. The provincial ...

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Agents sound off on the country's hottest market

5/19/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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Toronto real estate performance in April -- specifically the uptick in new listings -- is a seasonal blip in the market's radar, according to leading agents.

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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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Sharpest 12 Month Rise On Record For Toronto and Hamilton Home Prices

5/12/2017 | Posted in Real Estate Market by Shan Thayaparan

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In April, the Teranet–National Bank National Composite House Price Index™ was up 1.2% from the previous month. This gain is similar to that reported for April of ...

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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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Toronto real estate sales climbed in past week, but overall cooling could be coming

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

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Early data suggests homebuyers in Canada’s largest city sat on the sidelines as they awaited new market cooling measures, but jumped backed into the market — albeit ...

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Foreign Buyers or Domestic Greed? Over 121,000 Toronto Homeowners Own Multiple Homes In The City

4/27/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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New data from the Ministry of Finance shows that Toronto real estate has a bigger problem than foreign buyers, speculators from Toronto. 

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More People Are Buying Toronto Real Estate That Shouldn't, And Half Are At Risk of Defaulting

4/27/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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Toronto real estate buyers scrambling to get in the market are increasingly taking out high-ratio mortgages, with far too little income.

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Six stunning numbers about Toronto real estate and your personal finances

4/8/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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From a personal finance point of view, Toronto real estate makes your head spin. Monthly price increases for resale houses in the city are amazing enough in their own ...

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Experts weigh in on hot Toronto house prices

4/8/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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Interest rates, lack of supply, speculators and foreign buyers may all be contributing to rapid price growth.

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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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Banking head speaks out on Toronto real estate market

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

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Governments may have to impose more measures to cool Toronto’s housing market if prices remain “overheated” after the spring buying season, said Bank of Nova ...

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Many Toronto homebuyers skipping inspections

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

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In Toronto, some homebuyers are so desperate to win bidding wars they're rushing to make offers without even getting an inspection. The average price for a detached home ...

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Sousa promises measures to cool Ontario's overheated housing market

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

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Attention hard-pressed homebuyers: Finance Minister Charles Sousa is promising help in his spring budget to make houses and condos more affordable.

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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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'Marginal' home buyers setting market value in Toronto

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

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The most frustrated people in the Toronto area’s real estate market right now are clearly the buyers. But right behind them are many seasoned agents.

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Demand fuels Toronto house prices, not lack of supply: Study

3/13/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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Recent house price increases in Toronto are being driven by demand from foreign and domestic buyers who are caught up in a bubble of growing price expectations, and are not due ...

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High-end Toronto market to continue exhibiting strong performance in 2017

1/13/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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As one of Canada’s most desirable markets, Toronto is projected to continue being a prime destination for would-be buyers of high-end real estate this year, according to ...

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GTA REALTORS® Release Monthly Resale Housing Market Figures

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

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Toronto Real Estate Board President Larry Cerqua announced that 2016 was a second consecutive record year for home sales.  Greater Toronto Area REALTORS® reported ...

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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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Toronto home sales up 16.5 per cent

12/5/2016 | Posted in Toronto Real Estate by Shan Thayaparan

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Home sales in the Greater Toronto Area were up 16.5 per cent in November compared to a year earlier with 8,547 sales through the MLS system of Toronto Real Estate Board.

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