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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

House Prices / My Blog

Supply not the main factor in Toronto's housing woes: Commentary

8/15/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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While various quarters have cited supply scarcity as a central driver in Toronto’s long-running housing affordability issues, latest census data actually belies that ...

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Canada Not Alone in House Price Mania

6/26/2017 | Posted in Real Estate Market by Shan Thayaparan

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The dramatic rise in Canadian house prices has been making headlines almost daily. But Canada isn’t the only country experiencing skyrocketing home prices.

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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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House prices can't climb faster than incomes forever

5/18/2017 | Posted in GTA Real Estate by Shan Thayaparan

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For the last three years, analysts have been predicting a Canadian housing crash and ensuing recession, yet the economy continues to chug along and house prices are still ...

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Canadian home sales edge higher from February to March

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

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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in March 2017.

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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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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 sales climb in February

3/15/2017 | Posted in Real Estate Market by Shan Thayaparan

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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in February 2017.

...

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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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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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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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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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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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GTA house price 'spillover' driving up prices as far away as Sudbury, Ottawa: CMHC

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

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CMHC data shows sky-high prices in the Greater Toronto Area are pushing homebuyers further afield. Spillover from the red-hot GTA real estate market is driving demand and ...

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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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Ontario cities surge ahead as the country's leading seller's markets

11/25/2016 | Posted in Ontario Real Estate by Shan Thayaparan

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Ontario played host to the 10 most vibrant seller’s markets in the country last month, according to fresh data from the Canadian Real Estate Association (CREA).

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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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