Jul
June is usually the tail end of the 'spring market'; we often see a dramatic decrease in activity after the middle of the month. Not so this year! June sales were up 15.4% over June 2013, to 10,180 transactions. The number of new listings (i.e....
Read More[easyrotator]erc_72_1398275656[/easyrotator] We have just done a significant price reduction on this fantastic property! It's truly a unique house -loaded with recent renovations (kitchen, bathroom, home theater), landscaping and a new pool, this house accommodates all aspects of life: family, entertaining and relaxing! The home features four bedrooms, three bathrooms, a...
Read MoreI have just listed for lease this fantastic, west-facing unit in the original portion of the Garment Factory Lofts. Open concept with a modern kitchen (stainless steel appliances) and bath, this authentic 1-bed-plus-den loft exudes urban cool. Features include: exposed duct work, restored/polished concrete floors, fluted...
Read MoreApr
Sales volume in March, 2014 picked up by 7.2% over March 2013, with 8,081 sales reported by TREB. For Q1/2014, sales were up by three per cent compared to the first three months of 2013. Considering the brutal weather we've had so far this year, those are impressive...
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 MoreMar
Cold weather is often an obstacle in real estate - especially when there's snow, too. That seems to have been a factor in the February sales numbers, but more on the supply side than the demand side. There were 2.1% more sales in February, 2014...
Read MoreFeb
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...
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 MoreDec
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...
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