Page 22 - John Pasalis News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Anticipation of COVID's demise refuels Toronto condo market The Canadian Press VIDEO SIGN OUT When Sajeela Siddiqui planned to buy her first home during a pandemic, she looked to move outside of the Greater Toronto Area like so many others in search of more space. But after seeing a bloated market in cities as far as Waterloo, Ont., and Barrie, Ont., she decided to stay within her budget and look for a two-bedroom condo in downtown Toronto. But even in Toronto, where the condo market had cooled during the pandemic, the search has been anything but easy. Analysts and realtors say low i...

Winnipeg Free Press By: The Canadian Press When Sajeela Siddiqui planned to buy her first home during a pandemic, she looked to move outside of the Greater Toronto Area like so many others in search of more space. When Sajeela Siddiqui planned to buy her first home during a pandemic, she looked to move outside of the Greater Toronto Area like so many others in search of more space. But after seeing a bloated market in cities as far as Waterloo, Ont., and Barrie, Ont., she decided to stay within her budget and look for a two-bedroom condo in...

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Fred Lum/The Globe and Mail Are condominium apartment investors sniffing around for deals in Toronto’s downtown core? Anecdotes abound, but the only positive data points are the relative bumps in sales that saw 1,551 condominium apartments sell in December across the city. According to data from the Toronto Region Real Estate ...

The cost of rent in downtown Toronto is now cheaper than elsewhere in the GTA Stay in the loop Sign up for our free email newsletter. Unsubscribe anytime or contact us for details. Last year was an understandably strange one for Toronto real estate, with home prices continuing to skyrocket despite the pandemic while rent prices did the exact opposite. The two markets saw vastly different trends in 2020, with high demand and competition leading to bonkers sales volumes in the housing market, and a glut of former Airbnbs coming onto the long-term rental market and lowering...

Despite the tribunal’s 2016 ruling, it’s clear that the fight over TRREB’s data is far from over, says Subrata Bhattacharjee, a lawyer at Borden Ladner Gervais LLP. “You have this skirmishing between the commissioner and TRREB,” he says. “Equally vigorously, the local brokers on the other side are trying to figure out the limitations of what the outcome of the litigation actually is. It’s not surprising that the parties are threatening loggerheads, even now.” According to lawyer Brian Facey, who represents TRREB and acted for the board on its competition case, the current clim...