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...
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Real Estate Tag
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...
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07
Nov
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...
Read MoreNestled within the urban forest that characterizes the Beach, Neville Park Blvd is a quiet cul-de-sac near the very end of Queen St East. Number 151 is a gorgeous, three bedroom detached home that has been extensively renovated over the last year. The two storey rear addition was re-built...
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03
Oct
September 2013 Market Review
Today TREB released the sales statistics for September. As I noted recently, sales activity has been up significantly this year, and September continued that trend: sales volume was up 30% over September, 2012. At the same time, the number of both new and active (total) listings were...
Read MoreLeslieville is well-known for its solidly built, red brick semis. This house is a fine example of that type. Set just north of Gerrard St E, one block east of Jones, this is a great three-bedroom, two-bathroom starter home that has been extensively renovated and...
Read MoreYesterday (Sept.5th) TREB released the monthly sales stats for August. Following a busier-than-usual July, August sales were up 21% to 7,569 residential transactions (compared to 6,249 sales in August 2012). The average price also continues to rise, up 5.5% year-over-year. Of note, the Composite Home Index, which...
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06
Aug
July 2013 Market Review
In last month's report I mentioned that the early July market seemed to be busier than usual. That apparent activity translated into strong sales volume of 8,544 transactions, up 16% over the same month last year, and - as has been the case for most of...
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17
Jul
June 2013 Market Review
June was a typically busy month in the Toronto real estate market. The number of sales reported in the Toronto MLS in June 2013 (9061) was just a shade under last year (9129). The average price ($531,374) increased by a fairly typical 4.7% year-over-year. (Regular readers...
Read MoreLeslieville is one of Toronto's 'hottest' neighbourhoods - and has been for several years. It's no mystery why. Located just east of downtown, it has the feel of a small, family-friendly community. Just ten years ago that part of Queen St E was a far cry from...
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