Toronto Residential Realtors. Service Beyond The Status Quo
If you’ve been keeping up with our recent newsletters, it should come as no surprise that Toronto’s November real estate results continued the trend that started mid-year. Limited supply of freehold properties and strong demand for more indoor and outdoor space are driving price growth for ground-oriented properties. The following table shows how sales of freehold properties…
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I hope this message finds you well. As I pen this, today is November 11th. While Remembrance Day services are smaller than in previous years, this does not minimize the many who sacrificed their lives to protect our country. We honour our veterans and those in active service. The leaves are mostly off the trees…
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Happy Thanksgiving! I hope you are enjoying the fall colours. Toronto’s September real estate results continued the 3-month trend of increasing sales and prices compared to the respective months last year. (You will need to download images to the see the table). The condo market saw a significant increase in new listings as the freehold…
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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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As Toronto enters stage 3, we hope this message finds you well. July real estate results were strong as low interest rates and declining Covid 19 cases instilled consumer confidence. New listings and sales jumped compared to July 2019 as buyers and sellers acclimated to post-pandemic ways of transacting real estate. The beneficiaries were clearly sellers of freehold properties as…
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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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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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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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The spring market is upon us and Toronto is back to the white hot market of 2017. A quick glance at Toronto’s February results shows double digit price increases for all types of housing. Last month, I provided an overview of the Toronto Real Estate Board’s forecast for 2020. They estimated 10% price growth this…
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As we welcome in the new decade, I can’t help looking back at developments of the past decade. When we first moved into our house about 10 years ago, I recall speaking to one of my neighbours who has lived on my street since 1964. He told me he loved the neighbourhood and his home…
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