Davidcoffey.ca Real Estate

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See Homes in High Park and Roncesvalles For Sale David

1 hours ago Davidcoffey.ca

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Real Estate Board.

Link: https://www.davidcoffey.ca/homes-in-high-park-and-roncesvalles-for-sale

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When Condos Are Better Than Houses David Coffey

1 hours ago Davidcoffey.ca

Thinking that will tap out more than you can afford, then you keep on driving out of town for some of the lowest prices in the GTA in Durham region or in Hamilton to the west. I’m sure you understand my logic here. Though there are exceptions to this rule, it would largely appear that houses cost less the further you drive, for the most part

Link: https://www.davidcoffey.ca/when-condos-are-better-than-houses

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How affordable is Toronto compared to other cities

7 hours ago Davidcoffey.ca

In 2015, Toronto had an affordability score of 6.7 compared to 2016 at 7.7. According to the survey, the one point difference between 6.7 in 2015 and 7.7 in 2016 for Toronto is equivalent to an average yearly income. So, over one year, the value of the average property has gone up by an average yearly income. The affordability angst in Toronto

Link: https://www.davidcoffey.ca/how-affordable-is-toronto-compared-to-other-cities

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Plans to Cool the Market Toronto Real Estate Agent

Just Now Davidcoffey.ca

In fact, Toronto feels tame compared to some other regions of Canada. Though prices in Toronto have been very robust this year, overall they are nothing like the 30% year over year change in real estate prices outside of the city in the smaller town and suburbs like Woodstock or Tillsonburg.

Link: https://www.davidcoffey.ca/plans-to-cool-the-market-good-and-bad-ideas

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Where Are Condo Prices Going in 2018? David Coffey

3 hours ago Davidcoffey.ca

Going north in the York region, you would find the most instability in housing in places like Richmond Hill. Places like Durham, where houses are relatively inexpensive compared to other parts of the GTA, prices more durable and more stable. As far as condos are concerned, the real surprise if 2017 are new construction condos.

Link: https://www.davidcoffey.ca/where-are-condo-prices-going-in-2018

Category: Real Estate PriceShow more...

Do Land Transfer Taxes Mean Higher Prices? David Coffey

8 hours ago Davidcoffey.ca

That’s an increase that’s over 7 times faster than the price of real estate. So, if you think prices in Toronto have gone up, that would nothing compared to the price of the land transfer taxes. It’s this large sum of money that is paid out in land transfer taxes that contributes to keeping inventory low, and prices higher.

Link: https://www.davidcoffey.ca/do-land-transfer-taxes-mean-higher-prices

Category: Real Estate Price, Land For SaleShow more...

Gen X and Real Estate

8 hours ago Davidcoffey.ca

In luxury real estate market, things will also change. When and if the Boomers downsize, there is going to be a lot of luxury real estate on the market creating a surge of supply that will in turn create an opportunity to buy something at a lower cost (for those Xers in the housing market).

Link: https://www.davidcoffey.ca/gen-x-and-real-estate

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See Homes in Parkdale For Sale David Coffey

4 hours ago Davidcoffey.ca

Looking for Parkdale real estate? You’re only seeing some of the listings available here. To see them all, just click the ‘Signup’ or ‘Login’ link. We have found a total of 38 listings, but only 34 are available for public display. To get instant access to all 38 listings, please Sign up here.

Link: https://www.davidcoffey.ca/homes-in-parkdale

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Why M.O.I. Is An Important Real Estate Metric to Watch

8 hours ago Davidcoffey.ca

Real estate in Ottawa, for example, has increased in price, year over year, from February 2018 to February 2019. The West, whether it is Vancouver or cities on the Prairies are seeing prices retreat, on average, during that same time frame.

Link: https://www.davidcoffey.ca/why-moi-is-an-important-real-estate-metric-to-watch

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What Forces Could Bring Down Toronto Real Estate Prices

2 hours ago Davidcoffey.ca

In fact, all of these cities are taking a bit of a pause on real estate prices, particularly when it comes to luxury real estate. HIGH DEBT LEVELS It is a fact that Canadians have racked up a lot of debt through mortgages, credit cards and car loans. Canadian debt levels are higher than even our big-spending American neighbours.

Link: https://www.davidcoffey.ca/what-forces-could-bring-down-toronto-real-estate-prices

Category: Real Estate, Real Estate PriceShow more...

See Homes in Oakwood and Vaughan For Sale David Coffey

4 hours ago Davidcoffey.ca

Looking for Oakwood and Vaughan real estate? You’re only seeing some of the listings available here. To see them all, just click the ‘Signup’ or ‘Login’ link. We have found a total of 32 listings, but only 29 are available for public display.

Link: https://www.davidcoffey.ca/homes-in-oakwood-and-vaughan-for-sale

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Does a National Real Estate Market Truly Exist? David Coffey

3 hours ago Davidcoffey.ca

People love real estate statistics. And I’m included in this group of people. It’s almost a leisure activity for me like playing tennis or watching Game of …

Link: https://www.davidcoffey.ca/does-a-national-real-estate-market-truly-exist

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why are there so many condos Toronto Real Estate Agent

6 hours ago Davidcoffey.ca

The real estate price are much too high for the average wage in that city. Many have speculated that it is been driven up by demand from overseas. There is concern that foreign investment, particularly from China has driven up the prices in Vancouver.

Link: https://www.davidcoffey.ca/why-are-there-so-many-condos-in-toronto

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Why is Toronto Real Estate #1 in All the World? David Coffey

2 hours ago Davidcoffey.ca

The numbers have been crunched, the data has been reviewed and now it’s official. Toronto is number one! Not for the most livable city (where we placed 4th), not for the most economic–competitive city ( […]

Link: https://www.davidcoffey.ca/why-is-toronto-real-estate-1-in-all-the-world

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Why Toronto Real Estate in 2018 Was One Weird Year David

7 hours ago Davidcoffey.ca

No rapidly rising prices across all housing types, and no sudden plunge in prices across the board. Still… 2018 was not a typical year in Toronto real estate. Far from it. Though it didn’t have wild price fluctuations, this year differs markedly from any year since 2000. Here are the the top 5 most notable things of Toronto real estate in 2018:

Link: https://www.davidcoffey.ca/why-toronto-real-estate-in-2018-was-one-weird-year

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TORONTO REAL ESTATE THIS PAST YEAR: HIBERNATION OVER

8 hours ago Davidcoffey.ca

As we approach December, we are beginning to see much more competition and greater price gains, particularly in the old city of Toronto. So, what next? Well, before we start making guesses on 2020 (next blog), let’s look back at 2019 and review some of the big themes. Here are the the top 3 most notable things of Toronto real estate in 2019:

Link: https://www.davidcoffey.ca/toronto-real-estate-this-past-year-hibernation-over

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The Upside Down Year of Toronto Real Estate

Just Now Davidcoffey.ca

Well, if you have, 2017 may very much be the year in Toronto real estate that took place in the upside down. It’s not that we had creepy monsters roaming our streets in 2017, but things were very familiar in some ways, and well very “upside down” in other ways. We had runaway prices in early Spring that we have not seen in years.

Link: https://www.davidcoffey.ca/the-upside-down-year-of-toronto-real-estate

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See Homes in Weston and Mount Dennis For Sale David Coffey

8 hours ago Davidcoffey.ca

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Real Estate Board.

Link: https://www.davidcoffey.ca/homes-in-weston-and-mount-dennis-for-sale

Category: Real Estate For Sale, Homes For SaleShow more...

How Could a Second Wave Impact Toronto Real Estate

7 hours ago Davidcoffey.ca

Coming out of a wave, we may see prices uptick some. With a second or third wave, we may not see a recovery until 2021 or 2022. According to Benjamin Tal, we will enter a recessionary recovery. In other words, if we had 5 % unemployment before Covid-19, and we are around 14% now, we will end up around 8% at the end.

Link: https://www.davidcoffey.ca/how-could-a-second-wave-impact-toronto-real-estate

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What Toronto Neighbourhoods Can Learn from the Rust Belt

3 hours ago Davidcoffey.ca

The city as a whole, has seen the affordability of houses decrease for the average Torontonian. And with the increase in population and the lack of low-rise houses being built in the city, there may be buyers heading to Weston to cash in on the cheaper home prices.

Link: https://www.davidcoffey.ca/what-toronto-neighbourhoods-can-learn-from-the-rust-belt

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What Will the Toronto PostCovid Market Look Like? David

6 hours ago Davidcoffey.ca

The Fall market of 2020 was healthy. There was some concern in the Fall that the real estate market would slip back again to fewer transactions once the Covid case numbers started climbing. That didn’t happen. Prices began to rise in the Fall. This market favoured houses and larger spaces. Condos joined the party in 2021 with rebounding prices.

Link: https://www.davidcoffey.ca/what-will-the-toronto-post-covid-market-look-like

Category: Real Estate MarketShow more...

FAQ?

What state has the cheapest house prices?

Mississippi is the most affordable state to live in the U.S. with an overall cost of living of 86. Housing (68.4) is the country's cheapest. The average home value is in the hospitality state is $112,000.

What is the cheapest state to buy real estate?

Ohio is one of the cheapest states to buy a house in, and, based on 2019 real estate market trends, one of the hottest states to move to in 2019. Home values throughout the state improved by 6.1% since June 2018.

Where is the cheapest place to buy a home?

The cheapest place to buy a home are Coolidge, Arizona where property prices are coming in at $34.59 a square foot, that's up almost 10% from last year. Second cheapest is Tonopah, then Arizona City, Youngtown, Tolleson, El Mirage, Casa Grande, Florence, Laveen and Avondale.

Where are the cheapest homes in America?

Head to Detroit, which has the cheapest homes in America. The city's median home price is less than $35,000, and in certain neighborhoods you can buy homes for even less.

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