Recent Blog Posts by Robert Atkinson

Home prices continue their ascent

The most common question I hear in real estate is "When will prices drop?"  Apparently not for anytime soon as evidenced by a report from Stats Canada stating that home prices continued their climb in August.  Fuelled by a healthy demand, sound underlying economic fundamentals, as well as a continuing low interest rate environment that contributes to supporting affordability, August marked ...

GTA Housing Market Rebound Continues in September

October 5, 2009 -- In September 2009, Greater Toronto REALTORS® reported 8,196 sales, up 28 per cent from September 2008. The average price for September transactions was $406,877 – up by 10 per cent compared to the same month last year. “We have experienced an increasing rate of existing home price growth in the GTA as sales have continued outpace 2008 results,” said TREB President ...

GTA resale housing market down but still healthy

The Greater Toronto Area resale housing market saw 3,955 homes change hands in the first half of April, down five per cent from the same time period last year, Toronto Real Estate Board President Maureen O'Neill announced today. "The first half of April brought sales activity within five per cent of mid-April 2007," said Ms. O'Neill. In the City of Toronto sales are down 11 per cent compared to a ...