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Mario & Mimma Volpentesta

  9/22/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Toronto’s condo boom is surprising many observers with its resilience even as prices of detached homes slump. However, recent interest rate hikes and rent control ... More

Toronto's condo market is surprisingly resilient

  9/14/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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The ratio of Toronto house listings compared with monthly sales has moved back into long-term balance, limiting the potential for significant further price corrections in the ... More

Toronto prices seen stabilizing as key housing ratio balances

  9/6/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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A second interest-rate increase announced Wednesday by the Bank of Canada will add further drag to Toronto's real estate sector, which has seen home sales fall steadily for ... More

BoC interest rate hike drags on weakening Toronto real estate

  9/6/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 6,357 home sales through TREB’s MLS® System in August ... More

GTA REALTORS® Release August Resale Housing Market Figures

  8/15/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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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 ... More

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

  8/11/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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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 ... More

Toronto home buyers and sellers play the waiting game

  8/6/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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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 ... More

Toronto real estate market picks up after lull

  8/3/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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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 ... More

GTA REALTORS® Release July Resale Housing Market Figures

  7/27/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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The recent downturn in Toronto's real estate market is expected to be brief, the federal housing agency said Wednesday. ... More

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

  7/27/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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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 ... More

Toronto home-price downturn? Not in these neighbourhoods

  7/25/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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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. ... More

Toronto condo prices soar 28%

  7/24/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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GTA home sales are down, but may be more short-term bump than long-term correction. ... More

Toronto housing market's downturn may have an upside

  7/14/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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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. ... More

Finding the positive in spite of growing negative coverage

  7/14/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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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. ... More

Interest rate hike could prolong Toronto real estate market slowdown

  7/6/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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New statistics released by the Toronto Real Estate Board once again confirm everyone didn't just wake up to a shortage of land overnight. ... More

The Facts Behind Toronto's Most Recent Real-Estate Frenzy

  6/22/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Officials in Toronto say that enforcing a tax on vacant homes may be difficult and another solution may be better. ... More

 Vacant homes tax in Toronto

  6/8/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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One of Canada’s largest banks reacts positively to Toronto’s cooling market. ... More

Big bank forecasts Toronto's future

  6/8/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Why sales and prices seem likely to continue to fall for at least the next two or three months. ... More

Is Toronto's housing market decline for real?

  6/8/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Home sales dropped in May 2017 compared to last year, but experts say the trend is likely temporary. ... More

TREB May numbers show a soft month for Toronto real estate market

  6/7/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Is that for real? Toronto may soon become a buyer's market, according to RBC. ... More

Toronto could become a

  6/5/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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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 ... More

Toronto's housing market feels chill from provincial measures

  5/23/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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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 ... More

Obsession with home ownership driving Toronto affordability crisis, report finds

  5/22/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Toronto’s wealthiest families are showing confidence in the real estate market. Toronto Real Estate Board (TREB) stats show that luxury sales are booming. While sales are ... More

Toronto Luxury Sales Up Almost 75% In April

  5/19/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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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. ... More

Agents sound off on the country's hottest market

  5/18/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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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. ... More

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

  5/4/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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All industry eyes are keenly fixed on the Toronto real estate market following last month’s reveal of Ontario’s new housing plan; and while it’ll still take a ... More

GTA condo sales break record

  5/2/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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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 ... More

Toronto real estate sales climbed in past week, but overall cooling could be coming

  4/27/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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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.  ... More

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 Mario & Mimma Volpentesta
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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. ... More

More People Are Buying Toronto Real Estate That Shouldn't, And Half Are At Risk of Defaulting
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