Jul
The Toronto Real Estate market continued to moderate in June. The first point to note is that the average sale price was up 6.3% over June, 2016. Somehow, TREB's HPI was up 25.3%, which may indicate that the unweighted average was brought down by a...
Read MoreMay
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...
Read MoreThe King Edward Hotel is a world famous Toronto landmark. Just three floors of this iconic building have been converted to condos; the rest continue as one of the city's classic hotels. This relatively small conversion will bring new meaning to the idea of an...
Read MoreThis great one-bedroom condo flat is located in The Annex, an area famous for its tree-lined streets and grand old mansions. Many were built in the unique 'Annex style' (a mix of Richardson Romanesque and Queen Anne Style), a fact not lost on the developers of Lennox...
Read MoreLast summer I had 510-1 Cole St on the market. That was a bit of a slow time for condos, so the owner leased it for the winter. It is now back on the market! After selling two condos last month (not bad for February!) -...
Read MoreThe Spire condo at the corner of Church and Adelaide is a fantastic place. Rich with amenities, it retains an air of modesty (dare I say class) that is sometimes lacking in downtown Toronto condominiums. In a town thick with condo towers, The Spire managed...
Read MoreNov
The Numbers: The breakdown provided by TREB is pretty interesting: 6,896 sales (7% fewer than October 2011); average price $503,479 (up 6.2% from October 2011). More specifically, the average price for a fully detached house was up 5%; the average price for a semi was up 7%; the...
Read MoreOct
As I have noted recently - and as has been widely reported in the media - there are two very different markets in Toronto real estate these days: condos and houses. Houses continue to increase in value, due in large part to relatively low supply,...
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