Nov
Following the 4.3% decline in year-over-year average sale price that we saw in September, October saw a slightly bigger decline, with the average sale price dipping 5.7% in October. There were 4,961 sales in October 2022, down from 9743 in October 2021. That's similar to the...
Read MoreApr
By now we've all been hearing for a couple of months about how 'hot' the Toronto real estate market is - and it is. Some of that has to do with COVID - i.e. we're comparing this busy March to post-lockdown March 2020 - but...
Read MoreAfter the summer lull (such as it was this year), real estate in Toronto really picks up steam after Labour Day. Basically, the first day of school more or less coincides with the first day of the fall market. This week we'll see an up-tick...
Read MoreFeb
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,...
Read MoreAccording 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...
Read MoreOne can't talk real estate without at some point touching on the issue of 'staging'. The idea is that somebody replaces some or all of your furniture with nicer stuff, and blows the socks off potential buyers. Sounds simple enough. As I have written before, when...
Read MoreProfessional real estate services are a 'service' like any other: the commission you pay to the service provider is subject to HST. This may seem obvious to some people, but I have been surprised a couple of times over the years to find that some...
Read MoreJan
As I have written before, real estate is a funny business. In this case, I mean that there is a constant need to prove success (thus competence, to clients and prospects), and a concurrent resentment among the public for Realtors who show the trappings of...
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