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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 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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Obsession with home ownership driving Toronto affordability crisis, report finds

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

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The Toronto area will need up to $150 billion in new home construction in the coming decade and most of that should be rental units, says a report from the Canadian Centre for ...

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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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Most sweeping rent controls in 25 years could end up making Toronto housing more expensive if building halts

5/16/2017 | Posted in Ontario Real Estate by Shan Thayaparan

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Toronto’s trying to make it more affordable to rent in one of the world’s hottest housing markets. New measures may have the opposite effect.

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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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Toronto, Victoria are world's 'hottest' luxury real estate markets

5/11/2017 | Posted in Real Estate Market by Shan Thayaparan

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Toronto and Victoria, B.C. are the world’s “hottest” markets for luxury homes as investors flock to Canada for its political and economic stability, according ...

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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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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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BoC's Poloz issues warning about speculation in Toronto housing market

4/14/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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Bank of Canada Governor Stephen Poloz has issued a warning about “unsustainable” speculation in the Toronto region’s housing market but says an interest-rate ...

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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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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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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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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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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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