For those of us paying attention to the goings on with the real estate market throughout the GTA, most are putting away our crystal balls usually taken out and dusted off readying for what’s to come in the year ahead. With me, I’ll save you the drama. Prices are going to rise. Plain and simple. […]
Even though 2020 has been an active year on the sales side, how we transact in the buying and selling of real estate has changed in many ways due to covid. Some of these changes I think will stick around post covid and once we return back to some sort of semblance of our early […]
With the covid 19 pandemic still hovering around us, what impact has it had on real estate values throughout Toronto? Well, that depends on who you ask. Are you a buyer looking for the coveted detached house, or are you a seller looking to move from your two-bedroom condo? Ask the condo investor seller who […]
This past July has been both hot in temperature as well as in housing activity and values throughout the GTA. Both June and July are helping make up for a weak spring market in which many of us were in lockdown and only those in the most dire need were out buying or selling real […]
For those of us who own investment real estate, the recent news surrounding monthly rental rates falling (reported as high as 22% in the downtown core) can be quite alarming. We went from what seemed like a frothy real estate market for all urban housing pre-covid, to one where only farmland, cottages and houses seem […]
The Month of May saw a fairly healthy increase in average sale price increases across the city of Toronto. Detached houses rose 2.7% to an average $1,422,273. while Semi-detached homes shot up 8.8% and now sit at $1,143,322. Townhouse prices were flat and sit at a reasonable $794,626. Condo apartments are up 5% and now […]
One of the conversations floating around the media and social networks is the question, “will the forced lockdown make us rethink our living spaces?” It’s an interesting topic for sure, covering family and personal space, home office (or multiple office) set-up and the big question being the work-from-home topic, and how much this will play […]
The month of June in a typical year in Toronto real estate is one where the sales volume of our oft frenzied spring market have passed, and we start to slow down as we head into the summer months of hopeful gorgeous weather, fun times and much needed relaxation. Home buying still happens in July […]
When the Toronto Regional Real Estate Board released April’s housing statistics, there were not many surprises in the report, at least from my perspective. Sales activity was down substantially, prices were pretty much flat, and new listings were also substantially down. In what has amounted pretty much to a world-wide lockdown (let that sink in […]
The past few weeks have been filled with massive change in the way our normal, mostly comfortable, lives have been for the majority of us in the wonderful city of Toronto that we live in. Covid 19 has temporarily placed major parts of our city on shutdown, like many other parts of the world, and […]