Archive | Toronto Real Estate

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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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It’s sizzling hot in Toronto’s South Riverdale neighbourhood!

Multiple offers are back in full force in the downtown east side neighbourhood of south Riverdale. The freezing temperatures haven’t seemed to scare off hordes of buyers and their agents. At least that’s the case in the house price range between $839,000 – $1,200,000. Last week there were 5 sales with listed prices of $839,000-$999,000 […]

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Highlights from the Toronto Real Estate Boards 2019 outlook

Every year the Toronto Real Estate Board provides a market outlook on the upcoming year. TREB recently released their 56 page report. In this annual report a host of topics are covered, a few of particular interest to me stood out. Of course I’m always interested in the forecast on the number of sales transactions […]

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Toronto Mayor Tory NOW ready to tackle city affordable housing

A few days back I came across some tweets that Toronto Mayor John Tory had been retweeting (from his own tweets from December 2018) regarding our city wide affordable housing problems. Shortly after, the Toronto Real Estate Board backed him in support of the cities ten year housing plan, which if you had asked anyone […]

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Warm Start to 2019

We all know that the weather in Toronto since the New Year has been pleasantly warm with above seasonal temperatures and then downright freezing! With a balmy plus 9 degrees on January 8th, to the wind adjusted minus 25 on January 20th, It’s been a month of adjusting wardrobes and dreams of vacations in warm, […]

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What’s going on in Toronto’s rental market?

Well for starters, in many parts of the city over the past two years, the demand for quality rentals has been high. So high in fact, that often you would expect multiple applicants on available units. The baffling part is that most of the small mom and pop rental housing being provided is through the […]

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What should we expect in 2019 for Toronto real estate activity?

Ah, the crispness of winters air jolts you awake, as your feet hits the pavement on your brisk walk to work. Sub-freezing temperatures combined with the on again/off again sprinkling of snow, have you pulling your toque down tightly over your ears, protecting you from Mother Nature’s bitter cold. If you profession is aligned to […]

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It’s All Rainbows and Puppies

Sales prices are up 3.5% In October 2018. Sales activity up a healthy 6%. Active listings available for sale have dropped 2.7%. What does this mean? Well for starters, the real estate market is doing just fine, thank you very much. That housing crash we’ve all been hearing and talking about, well Bloomberg thinks we’ve […]

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Changes to rent control hopeful in addressing affordability

I don’t know about you, but me, I’m starting to get really confused about what falls under rent control and what doesn’t? The Ontario government recently released their 2018 Ontario Economic Outlook and Fiscal Review. In it, there were modest attempts to address the shortage of affordable housing. This government is bringing back exemptions for […]

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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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