Anyone with any skin in Toronto's real estate game has been holding out hope that the city's dormant market will pick back up with the arrival of lower interest rates
it seems that buyer interest is ramping up for at least some housing types in some areas
New stats from RE/MAX outline the parts of the country where sales volumes and/or prices of houses are slowly on the rise
and while values are escalating most rapidly in the Vancouver area
certain GTA communities are not far behind
"With first-time buyers locked out of the country's most expensive housing markets, move-up/down buyers and investors have been fuelling detached home-buying activity in the first six months of 2024 in the Greater Toronto Area," RE/MAX's release from Thursday explains
the firm found that a total of 30 per cent "reported an upswing in the number of detached housing sales in the first half of the year
while close to 40 per cent of markets reported an increase in values."
Around 34 per cent of downtown Toronto proper saw either stable sales or an uptick in sales
with detached homes in the city "leading the other regions in rebounding sales momentum."
The neighbourhoods where things are heating up the most are Dufferin Grove
the Bay Street Corridor and Waterfront Communities
where 54.2 per cent more houses changed hands than during the first half of 2023
Thorncliffe Park and Flemingdon Park saw a 36.4 per cent bump in sales numbers
Corso Italia-Davenport and Weston-Pellam Park saw activity rise 19.1 per cent from last year
the city saw 26,000 fewer home sales than the 10-year average
"Vibrant downtown/midtown communities remain a perennial favourite among purchasers in Toronto
who are vying for detached properties in coveted blue-chip neighbourhoods..
as well as gentrified areas," RE/MAX's experts write
"The ongoing evolution of Toronto's blue-chip neighbourhoods continues to prop up demand
as buyers at all price points are drawn to their attractive walkability scores
RE/MAX says about 29 per cent of neighbourhoods in downtown T.O
have seen detached home costs climb so far this year
The largest jumps were seen in Kingsway South
and Eringate-Centennial-West Deane (+9.1 per cent to an average of $1,824,330); and Scugog in Durham Region (+9.3 per cent to an average $1,090,069)
"Many purchasers in today's market are first-time trade-up buyers
townhomes or link dwellings to detached housing," the report says
"This cohort has been fortunate in the sense that the entry-level price range has been relatively sheltered from downward pressure and has made the step up to a single-detached ownership less onerous than in past years
first-time trade-up buyers were active in various pockets and price points."
RE/MAX Gold Realty Inc., Brokerage/Strata.ca
and the information within may be out of date
Police reported 25 new residential break and enters in Toronto City Centre between May 3 and May 9
That’s five more than were reported during the previous week (you can find the latest reports for the city’s other neighbourhoods here)
Toronto’s overall weekly incidents rose by 20 to 63
bringing the city’s preliminary total for 2022 to 869 — down five per cent compared to the same period last year
One new residential break and enter was reported for Bay Street Corridor
It took place at an apartment near Elizabeth Street and Foster Place on Sunday
There have been 11 residential break and enters reported in Bay Street Corridor in 2022
One new residential break and enter was reported for Blake-Jones
It took place at an apartment in the Harcourt Avenue and Pape Avenue area on Friday
There have been three residential break and enters reported in Blake-Jones in 2022
Two new residential break and enters were reported for Cabbagetown-South St
The first took place at an apartment in the Jarvis Street and Sirman Lane area on Thursday
The second occurred at an apartment in the Rose Avenue and Wellesley Street East area on Monday
There have been three residential break and enters reported in Cabbagetown-South St
One new residential break and enter was reported for Dovercourt-Wallace Emerson-Junction
It took place at an apartment near Perth Avenue and Wallace Avenue on Monday
There have been 12 residential break and enters reported in Dovercourt-Wallace Emerson-Junction in 2022
One new residential break and enter was reported for East End-Danforth
It took place at a house near Lyall Avenue and Main Street on Thursday
There have been eight residential break and enters reported in East End-Danforth in 2022
One new residential break and enter was reported for Forest Hill North
It took place at a house near Burmont Road and Ridelle Avenue on Friday
This was the first residential break and enter reported in Forest Hill North in 2022
One new residential break and enter was reported for High Park-Swansea
It occurred at a house in the Armadale Avenue and Larkin Avenue area on Wednesday
There have been eight residential break and enters reported in High Park-Swansea in 2022
Two new residential break and enters were reported for Kensington-Chinatown
The first took place at an apartment in the Bathurst Street and Wolseley Street area on Tuesday
The second took place at a house near Beverley Street and Cecil Street on Monday
There have been 18 residential break and enters reported in Kensington-Chinatown in 2022
One new residential break and enter was reported for Lawrence Park South
It occurred at a house near Avenue Road and Cortleigh Boulevard on Sunday
There have been six residential break and enters reported in Lawrence Park South in 2022
One new residential break and enter was reported for Moss Park
It took place at an apartment in the George Street and Richmond Street East area on Wednesday
There have been 12 residential break and enters reported in Moss Park in 2022
One new residential break and enter was reported for Mount Pleasant West
It took place at an apartment in the Dunfield Avenue and Soudan Avenue area on Wednesday
There have been 19 residential break and enters reported in Mount Pleasant West in 2022
Three new residential break and enters were reported for Niagara
The first occurred at a house in the Crawford Street and Queen Street West area on Monday
The second took place at an apartment near Fleet Street and Grand Magazine Street on Wednesday
The third occurred at an apartment near Angelique Street and Fort York Boulevard on Monday
There have been 18 residential break and enters reported in Niagara in 2022
One new residential break and enter was reported for Regent Park
It took place at a house near Sackville Street and Shuter Street on Saturday
There have been two residential break and enters reported in Regent Park in 2022
One new residential break and enter was reported for Roncesvalles
It occurred at an apartment near Cunningham Avenue and O’hara Avenue on Friday
There have been nine residential break and enters reported in Roncesvalles in 2022
One new residential break and enter was reported for South Parkdale
It took place at an apartment near King Street West and Spencer Avenue on Sunday
There have been 15 residential break and enters reported in South Parkdale in 2022
One new residential break and enter was reported for The Annex
It took place at an apartment in the Bedford Road and Prince Arthur Avenue area on Friday
There have been 17 residential break and enters reported in The Annex in 2022
One new residential break and enter was reported for University
It took place at a house in the Lippincott Street and Vankoughnet Street area on Thursday
There have been 13 residential break and enters reported in University in 2022
One new residential break and enter was reported for Waterfront Communities
It took place at an apartment in the Mariner Terrace and Navy Wharf Court area on Thursday
There have been 29 residential break and enters reported in Waterfront Communities in 2022
One new residential break and enter was reported for Weston-Pellam Park
It took place at a house in the Osler Street and Pelham Avenue area on Friday
There have been four residential break and enters reported in Weston-Pellam Park in 2022
One new residential break and enter was reported for Woodbine Corridor
It took place at an apartment near Ashland Avenue and Coxwell Avenue on Wednesday
There have been seven residential break and enters reported in Woodbine Corridor in 2022
One new residential break and enter was reported for Wychwood
It occurred at an apartment near Rushton Road and St
There have been three residential break and enters reported in Wychwood in 2022
Find the latest reports of residential break and enters for Toronto’s other neighbourhoods
This story was automatically generated using open data collected and maintained by Toronto Police Service. The incidents were reported by police in the past week and reportedly occurred in the past two weeks, but recent crime data is preliminary and subject to change upon further police investigation
The locations have been offset to the nearest intersection and no personal information has been included for privacy reasons
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The suburbs offer low prices & high appreciation
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These incidents were reported by police in the past week and reportedly occurred in the past two weeks
There were 15 residential break and enters reported in the district from Oct
Toronto Police Service received 63 reports of a break-in at a home between Oct
including 15 in the district of Old Toronto
In total 2,679 residential break and enters have been reported in the City of Toronto since Jan
1 – up 22.1 per cent compared to the same period in 2022
A break-in was reported at an apartment near Sheppard Street and Temperance Street on Thursday
There have been 23 residential break and enters reported in Bay Street Corridor in 2023
Two break-ins were reported at these locations:
a house near Blake Street and Boultbee Avenue on Tuesday
a house near Chatham Avenue and Euston Avenue on Thursday
There have been nine residential break and enters reported in Blake-Jones in 2023
A break-in was reported at a house near Pauline Avenue and Wallace Avenue on Monday
There have been 40 residential break and enters reported in Dovercourt-Wallace Emerson-Junction in 2023
A break-in was reported at a house near Old Forest Hill Road and Old Park Road on Friday
There have been 24 residential break and enters reported in Forest Hill North in 2023
A break-in was reported at a house near South Kingsway and Sunnybrook Road on Monday
There have been 18 residential break and enters reported in High Park-Swansea in 2023
A break-in was reported at an apartment near Bathurst Street and Nassau Street on Monday
There have been 55 residential break and enters reported in Kensington-Chinatown in 2023
A break-in was reported at a house near Glencairn Avenue and Mona Drive on Thursday
There have been 32 residential break and enters reported in Lawrence Park South in 2023
A break-in was reported at a house near Rusholme Drive and St
There have been 11 residential break and enters reported in Little Portugal in 2023
A break-in was reported at an apartment near Glen Road and Howard Street on Saturday
There have been 30 residential break and enters reported in North St
A break-in was reported at an apartment near O’hara Avenue and Queen Street West on Saturday
There have been 26 residential break and enters reported in Roncesvalles in 2023
A break-in was reported at a house near Robert Street and Russell Street on Saturday
There have been 18 residential break and enters reported in University in 2023
an apartment near Fort York Boulevard and Telegram Mews on Sunday
an apartment near Bathurst Street and Niagara Street on Saturday
There have been 74 residential break and enters reported in Waterfront Communities in 2023
A break-in was reported at a house near Kingsley Avenue and Perth Avenue on Monday
There have been 13 residential break and enters reported in Weston-Pellam Park in 2023
Find out where residential break and enters were reported in East York, Etobicoke, North York, Scarborough and York
This story was automatically generated using open data collected and maintained by Toronto Police Service. The incidents were reported by police in the past week and reportedly occurred in the past two weeks, but recent crime data is preliminary and subject to change upon further police investigation
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2014This article was published more than 11 years ago
A new measure is being used to rank Toronto's neighbourhoods – the "neighbourhood equity score"
which combines ratings for economic opportunity
participation in decision-making and physical surroundings
change the way Toronto's 140 neighbourhoods are evaluated by city staff when they decide where to direct services
The new rankings are likely to set off a lively debate about the city's role in providing social services
and what areas of the city are most deserving of extra funding and attention – all against the backdrop of the fall civic election The new measures were developed in conjunction with researchers at St
Michael's Hospital's Centre for Research on Inner City Health and are adapted from work done by the World Health Organization
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