Archive | Investment Real Estate

14 November 2017 ~ 0 Comments

Market Update: Good, Bad and some Ugly

With annual average price gains up 8.25% in October 2017 over the same month last year, the 416 area of Toronto continues to be on fire with healthy increases in value. But if we dig down and take a closer look into the numbers, a different story starts to appear. Detached values are actually off […]

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18 October 2017 ~ 0 Comments

OSFI Unveils New Stress-Test Rules

The much talked about “Stress-Test” rules talked about over the summer by OSFI have been made official, and will take effect January 1st, 2018. Many suspect this will have an almost immediate impact in the Toronto housing market which Government’s of all levels have been trying to cool with limited effect on fast increasing house […]

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17 October 2017 ~ 0 Comments

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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03 August 2017 ~ 0 Comments

Sales down 40% in July

To anyone who follows Toronto’s real estate market, it will come as no surprise that sales transactions are down when tracked over the comparable month of July’s sales last year. Down by a whopping 40% on the other hand, can lead one to wonder if Toronto’s sizzling hot real estate market is starting to crumble! […]

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18 May 2017 ~ 0 Comments

What are Rental Rates Like in Toronto?

With all the talk of the heated real estate market we are starting to hear more and more about the options of renting a home or condo, instead of owning one. With Canadian Home ownership rates around 66.50% roughly two-thirds of Canadians are Homeowners. My thoughts about renting for those who have the option of […]

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18 May 2017 ~ 0 Comments

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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26 April 2017 ~ 0 Comments

Are your tenants costing you money?

With all the talk of late of the government’s recent request to change the provincial rent control laws to include buildings built after 1991 to the existing cap program*, it has some wondering what the outcome of the rental market in Toronto and its impact might be? A few months back there were a few […]

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11 February 2017 ~ 0 Comments

Spring has come early and sellers are doing very well!

The Toronto real estate market is on fire as of late, and properties that have come early to the market are reaping very big rewards! Detached homes continue to be in very high demand everywhere, and semi-detached and townhomes in the trendier parts of Toronto, multiple offers are the norm and will continue to be […]

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31 January 2017 ~ 0 Comments

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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