Simon Milberry | RE/MAX Hallmark Realty Ltd., Brokerage

Real Estate Blog

April 2014 Market Review

Sales volume ticked up by about 1.8% in April 2014 over April 2013, despite an 8.4% decrease in the number of available listings. Strong demand in a reduced-supply environment drove prices up by an average of 10.1% (to $577,898) across the GTA market. Not surprisingly, the average...

Authentic loft on Carlaw ** LEASED **

I have just listed for lease this fantastic, west-facing unit in the original portion of the Garment Factory Lofts. Open concept with a modern kitchen (stainless steel appliances) and bath, this authentic 1-bed-plus-den loft exudes urban cool. Features include: exposed duct work, restored/polished concrete floors, fluted...

March 2014 Market Review

Sales volume in March, 2014 picked up by 7.2% over March 2013, with 8,081 sales reported by TREB. For Q1/2014, sales were up by three per cent compared to the first three months of 2013. Considering the brutal weather we've had so far this year, those are impressive...

Rhyl Ave: renovated Beach semi with parking – **SOLD**

The spring market seems to be picking up steam., and this fantastic three bedroom semi is a very welcome addition to local supply. It's not my listing, but that of my friend and colleague Jim Ritchie of RE/MAX Realty Services Inc. Since he usually works...

February 2014 Market Review

Cold weather is often an obstacle in real estate - especially when there's snow, too. That seems to have been a factor in the February sales numbers, but more on the supply side than the demand side. There were 2.1% more sales in February, 2014...

Great house in Pickering

Check out these photos of a fantastic house that I just sold in Pickering, near Altona Forest.         * With thanks to Sutton Group Heritage Realty, Inc., for permission.    ...

January 2014 Market Review

January was a bit of a frustrating month in Toronto real estate. The number of active listings declined from 14,231 in January 2013 to 11,903, a decrease of 16.4%. The number of new listings was to 8,822 down a similar amount (16.6%). This exacerbated the on-going shortage of...

Bully offers

Before I started blogging I used to send out an e-newsletter to my clients. Way back in January, 2008, I wrote a piece about bully offers. At the time, they were a relatively new phenomenon. In the years since, the practice has surged and waned,...

Toronto Real Estate – What’s going to happen in 2014?

Twenty-fourteen is shaping up to be another great year for the Toronto real estate market. As I have said many times before, Toronto is unlike other markets. It drives me nuts when people talk about the 'Canadian real estate market', as if trends in smaller cities and...