Archive | Houses

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Sellers, Who exactly is preparing the market evaluation on your Home?

A few days ago I was in discussion with a cooperating agent on a property listing I have for sale. I was answering for him a few questions about the property that weren’t noted on the MLS listing, but were important to his client in nature. After the questions were answered our conversation turned to […]

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TREB releases February numbers and

Today the Toronto Real Estate Board released its sales figures for the month of February and as I’ve written about over these past six weeks, it’s been busy. And this month is no exception. Prices are edging up for both houses and condominiums where demand continues to be strong throughout the city. Inventory levels continue […]

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Buying or Selling soon? This is a must read.

2018 is on pace to go down as the lowest amount of property sale transactions (annual total) since the recession year of 2008. What does this mean? Year-to-date we have had a total of 53,634 sales through the Toronto Real Estate Boards MLS system. If the final 4 months of 2018 match the final 4 […]

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Toronto’s East End Continues To Be On Fire!

Would you believe that with all of the talk of a cooling real estate market across the GTA, the average sale-to-list price ratios in Toronto’s East End last month, were above 100%? Sales-to-list price ratio reflects the asking price of a property, and what it’s sale price is. For example, if a property were listed […]

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A more balanced market ahead?

With the month of September behind us and looking at the statistics provided by the Toronto Real Estate Board, the overall market looks to be heading into a more balanced territory. September’s Sales-to-New Listings ratio was similar to those of May, June and July, which were all off from the torrid pace set at the […]

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18 September 2017 ~ 0 Comments

Sellers you should never let your agent “double end” your sale

NOTE: I originally published this in May 2014. With recent talk of Mandatory Designated Representation being potentially introduced to the Ontario Real Estate industry, below is an example by me on why we need this in the Toronto marketplace. A few weeks back an extreme example of a multiple bid scenario played out on a […]

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Is Toronto’s Real Estate Market in Trouble?

Finally, it looks like Toronto’s red-hot real estate market seems to have subsided. Or has it? Much of the news of late has spoken to the “cooling” of Toronto’s housing market, which on the surface seems to be the case. In April, the Toronto Real Estate Board started to see a surge in new listings […]

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TREB predicts 10%-16% increase in house values for 2017

The Toronto Real Estate Board released today their forecast for the GTA housing market for 2017. Much to the shock and awe of many, they are predicting an increase in house prices between 10%-16% over 2016 prices, mainly due to the constriction of supply. Activity is also forecasted to stay the same as the past […]

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Toronto City Council says “raise the land transfer tax cost”

#AnotherObstacle It looks like Toronto City Council is at it again! Thinking that purchasers of real estate in Toronto’s neighbourhoods are flush with cash, they look to make sweeping changes to the Toronto Land Transfer tax program. For anyone who has purchased a property in Toronto since February 1st, 2008, you are well aware of […]

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Tips to protect your home and property: IBC

The Insurance Bureau of Canada (IBC) reminds Ontarians to review their home insurance policies, update their home inventories and take steps to protect their personal property. “Reviewing and updating your home inventory list helps protect your personal property and can speed up the claims process in the event of a theft or loss,” says Kim […]

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