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

Real Estate Blog

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...

5 More Buyer Tips

The 'First 5' buyer tips I posted previously are just to get a buyer started. There's lots more to it. Here are five more topics to consider. 6) Hire a home inspector. Please, hire a home inspector. They don't have X-ray vision, and they are not clairvoyant,...

December 2013 Market Review/Year End

According to recently released TREB stats, there were 14% more residential re-sales in Toronto in December 2013 (4,078) than there were in December 2012 (3,582), while the number of new listings added to the MLS for the month was down 4% (4,102 compared to 4,267). Those factors again...

‘First 5’ Buyer tips

The Toronto real estate market is in a sustained 'sellers' market state. Buyers have to be prepared to take action when they find a house they want. For you first-time buyers (and those of you who haven't done this in a while), there's lots that you...

November 2013 Market Review

More sales (6,391, up 14% over last year) and fewer active listings (16,092, down 12%) in November meant competition among buyers, and higher prices - shocking, eh? The average selling price for all dwelling types was $538,881, a year-over-year increase of 11.3% (which is significant). The MLS® Home Price Index (HPI) Composite Benchmark...

Fab 3 bed semi on Glebeholme Blvd – **SOLD**

The Danforth is such a great part of Toronto. The subway provides access for local residents to quickly get downtown, and at the same time conveniently brings folks to the area to enjoy the great restaurants, pub and shops. The neighbourhood brims with activity. Set just...

October 2013 Market Review

As shown in TREB's latest report, October was another strong - if somewhat frustrating - month in the Toronto real estate market. The key points are that, compared to October 2012, there are fewer homes on the market (-10.5%), they are selling faster (DOM -2.6%), and...