Sep
The Toronto real estate market almost always takes a breather in the summer time, as both buyers and sellers turn to other activities - like enjoying the outdoors and having fun! But, the market never stops. Here's what happened over the last couple of months. July...
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RE/MAX Hallmark was already the biggest (and best!) RE/MAX franchise in the GTA, and today it's even bigger (and better)! Ken McLachlan, Broker of Record/Owner, just announced the addition of RE/MAX First Real Estate into the RE/MAX Hallmark family, effective immediately. RE/MAX First has over 130...
Read MoreOct
The most obvious aspect of the September market was the drop in sales volume. Transactions were down 35.1%, from 9,830 last year to just 6,379 this year. At the same time, the number of active listings surged from 11,255 to 19,021, an increase of 69%. This is, broadly...
Read MoreMuch is being made (e.g. in the media) about the 'decline' in sales in Toronto. As I have been saying (writing) for years, it's one thing for the pace or volume of sales to decline, and another for prices to decline. It's true that the volume...
Read MoreMay
April was another busy month in the Toronto real estate market. New listings finally started to appear (21,630 new listings for the month, up 33.6% over April 2016) giving buyers more choice. Coupled with 11,630 sales for the month (down 3.3% from the 12,016 recorded in April...
Read MoreMar
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...
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