Archive | Rental Market

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New Condo Developments Dropping Like Flies

If you are one of the unfortunate buyers of Step condos, you just found out your completely sold out new condo project has been cancelled by the developer. A few weeks back, On The Danforth condos, suffered the same fate. Another sold out project, cancelled by the developer. What’s going on you ask? Well…there’s not […]

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Are Zillow and Redfin Agent Killers?

It’s March 2019, and what an exciting time to be transacting in real estate, either as a consumer in the buying or selling of property, or for those who represent and help consumers on the sales side. A great real estate professional will add value to both buyer and seller clients alike, assisting them with […]

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Sellers – Do you know that you need to sell your home three times?

If you are one of the lucky few who are selling a property these days, be prepared for the potential for some hiccups along the way until closing day. Now before any anxiety starts to set in, I will note that almost always, hiccups can happen along the way between the day you have excitedly […]

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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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You have to Buy now! Prices are only going to rise.

Let me ask you a question. Do think the values of Toronto condominiums will only rise in the future? I want to keep the question vague for now and only apply it to investment condos, so answer to yourself with a simple Yes or No. Yes you say? Well some might say (myself included) that […]

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Why is the condo market so hot?

Across Toronto if you have been a buyer or investor looking for a condo in 2018, you surely have noticed that the condo market has been on fire. Multiple offers sometimes hitting double digits in quantity, properties being sold within hours of hitting the market, and even some of the ugly duckling units being snapped […]

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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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What’s in store for Toronto’s Housing market in 2018

Well for starters, it must be said that we are living through interesting times in that with all of the changes brought into play over the past three years to cool the GTA’s hot housing market, changes which many forecasted would knock the sails out of sales (I couldn’t resist), we are still witnessing an […]

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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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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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