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

Real Estate Blog

February 2017 Market Review

Sometimes I feel like I could just copy-paste last month's review, update a few numbers and be done! The Toronto market has been reliably consistent for years and years: prices go up. Sometimes the supply goes down and sometimes...

January 2017 Market Review

January marked a tremendous start to the 2017 Toronto real estate market. Sales volume was up 11.8% over January 2016 - which had been up 8.2% over 2015. New listings last month were down 17.6%, to 7,338, while the total number of available listings dropped 49.5%,...

2016 Market Review – and a look ahead at 2017

2016 was a big year in Toronto real estate. For the second year in a row, TREB reported a record number of sales. Despite the volume of available listings shrinking, the number of sales hit 113,133 units, an 11.8% increase over 2015. The natural consequence...

‘Tis the Season

It's funny how as the year 'winds down', the season winds up at the same time, eh? December is ridiculously busy - especially in my house, where we have two birthdays to squeeze in amongst all the other action. At work, it's staff parties; at...

29 Kintyre Ave – excellent income property **SOLD**

There's an old joke in the real estate business: Nobody gets rich selling real estate (i.e. being a Realtor); people get rich by buying real estate. Now, of course that's not literally true; lots of Realtors are super successful. The point is that the better...

Summer 2016 Market Review

I'll admit it: sometimes, I get tired of repeating myself! The Toronto real estate market has risen so consistently - relentlessly, even - over the past few years that these monthly reports are not nearly as exciting to write as they once were. Like last year, I'm...

June 2016 Market Review

June was a typically busy month in the Toronto real estate market. TREB's Market Watch reported 12,794 sales for the month, up 7.5% from the 11,905 sales reported last June. I could copy and paste this from my last couple of market reviews: once again, new listings were...

May 2016 Market Review

May was another blistering month in the Toronto real estate market. TREB reported 12,870 sales, up 10.6% over May 2015, and setting the record for that month. Once again, new listings declined, from 18,611 in May 2015 to 17,412, a drop of 6.4%. Hot sales and fewer new listings cut...

April 2016 Market Review

April 2016 was another record setting month in Toronto real estate. TREB reported 12,085 sales for the month, up 7.4% over April 2015. Once again, new listings were down, from 18,038 last April to 16,252 this year, a drop of 9.9%. The decline in new listings, combined...