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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

Toronto Real Estate / My Blog

Toronto casts shadow over nation's home sales, but realtors see signs market bottoming out

8/16/2017 | Posted in Ontario Real Estate by Shan Thayaparan

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Home sales in the Greater Golden Horseshoe just saw the smallest decline since Ontario’s housing clampdown, suggesting the market may be stabilizing.

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Toronto home buyers and sellers play the waiting game

8/11/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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Toronto in mid-August feels like a city waiting with bated breath. The real estate market is drowsy and buyers and sellers are anxious to ...

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Toronto real estate market picks up after lull

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

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Home buyers in Toronto and some of the surrounding areas appear to be testing their mettle again after spending a few weeks on the sidelines. It’s too soon to tell ...

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GTA REALTORS® Release July Resale Housing Market Figures

8/3/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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Home sales in the Greater Toronto Area tanked last month and prices continued to recede, the city's real estate board said Thursday, further evidence that provincial ...

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Toronto housing market downturn to be short-lived, federal housing agency says

7/27/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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The recent downturn in Toronto's real estate market is expected to be brief, the federal housing agency said Wednesday.

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Toronto home-price downturn? Not in these neighbourhoods

7/27/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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Toronto’s housing downturn is not being felt equally across the region, with many neighbourhoods still seeing the prices of detached houses climb even while the average ...

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Toronto condo prices soar 28%

7/25/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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Toronto’s home sales may have seen a big slump in June but the condo market has shown relative resilience in the second quarter of 2017.

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Toronto housing market's downturn may have an upside

7/24/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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GTA home sales are down, but may be more short-term bump than long-term correction.

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Finding the positive in spite of growing negative coverage

7/14/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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Despite a cooling market due to Ontario’s housing plan, Toronto is still expected to close out the year with impressive price gains.

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Interest rate hike could prolong Toronto real estate market slowdown

7/14/2017 | Posted in Toronto Real Estate by Shan Thayaparan

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The GTA real estate market had already begun to cool off before the Bank of Canada raised its benchmark rate Wednesday.

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Toronto luxury market hits new record while Vancouver slumps

7/11/2017 | Posted in Real Estate Market by Shan Thayaparan

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Sales of homes priced at $1 million or more were up sharply in the GTA in the first half of 2017 while Vancouver felt the impact of the foreign buyers’ tax.

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Housing responsible for over 25% of Ontario's 2016 economic growth - report

7/7/2017 | Posted in Real Estate News by Shan Thayaparan

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Toronto’s thriving housing market is offsetting the significantly lower volume of business investment in Ontario this year, according to independent think-tank Fraser ...

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TREB Member REALTORS® Release Monthly Market Report, Forecast Update And New IPSOS Consumer Survey

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

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Toronto Real Estate Board President Tim Syrianos, in his first release as TREB President, announced TREB residential MLS® sales, listings and price statistics for ...

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Port Lands: New downtown Toronto neighbourhood

6/29/2017 | Posted in Toronto News by Shan Thayaparan

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Toronto’s Port Lands is to receive $1.185 billion of funding for development of a new downtown neighbourhood. The federal, provincial and municipal governments, ...

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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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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 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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Cottage country feels the heat from Toronto's real estate fire

5/21/2017 | Posted in Real Estate Market by Shan Thayaparan

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The May long weekend is the traditional kick-off to cottage season. But long before the snow melted this spring, equity-rich baby boomers from the city had been turning up the ...

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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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Commercial rents in Toronto could soar as much as 50% in the next three years as market tightens

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

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A new report suggests commercial tenants in Toronto will be facing massive rent increases over the next three years, amid rising property values.

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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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