Mercury Rising

As the temperature rises, Toronto’s real estate market is following suit. Toronto’s February 2021 sales transactions increased by 51% compared to same time year ago.  On the pricing side, there was double-digit price growth for detached and semi-detached properties while condo prices on average dipped by 6% over this same period. It’s become common for…

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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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