Dec
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...
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...
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 MoreAug
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...
Read MoreJul
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 MoreJun
This spring has been super busy for me, so I have been remiss in my reporting duties. I am (once again) combining two months into one post. April TREB reported 9,811 sales in April, 2013, which was a slight dip in volume of 2% compared to April,...
Read MoreThis three bedroom home is perfect for a first-time buyer. Located just off the Danforth between Main St and Victoria Park Ave, it has been steadily improved over the last few years. The home now features a new kitchen with stainless steel appliances, new hardwood on...
Read MoreMar
The Toronto Real Estate Board (TREB) has released the numbers for February, 2013. Once again, a decline in the number of sales (volume, down about 15% from 6,809 February 2012 to 5,759 this February) coincided with an increase in the value of sales (price, up about 2%)....
Read MoreFeb
The Toronto Real Estate Board (TREB) has released the numbers for January, 2013. As is so often the case in Toronto, a decline in the number of sales (volume, down about 1%) coincided with an increase in the value of sales (price, up 4.3%). Of course,...
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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