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Spring Into Fall

As outlined in the June, July and August newsletters, supply continues to be low despite strong consumer interest.  Toronto’s August 2020 real estate sales were considerably stronger than a year ago as pent up post- lockdown consumer demand and low interest rates resulted in higher sales and prices compared to August 2019.  The table below (you will need to download…

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Hitting A New High

As new Covid19 cases in Toronto drop from triple to double digits, we hope this newsletter finds you well. It’s been almost 4 months since the beginning of the state of emergency but for many of us, it feels like 4 years. Although the coronavirus continues to dominate headlines, for the first time ever, Toronto’s…

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Why Haven’t Prices Dropped?

Compared to April which was the first full month of Covid19 protocols, Toronto’s May 2020 real estate results indicate that buyers and sellers are becoming more comfortable operating in the post pandemic environment. The real estate practices outlined last month still apply but as the weather warms and more businesses re-open, there is cautious optimism.…

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A New Way to Work

In our March newsletter, I was commenting on the white hot real estate market. It’s remarkable how much has changed in such a short time. While the real estate industry was designated an essential service in March 2020, it has been far from business as usual. The Ontario Real Estate Association discourages in person meetings…

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