The past week has felt like two, with all of the multiple offers happening throughout the city. We are in the midst of a real estate pandemic in that some buyers on some properties, are being crazy stupid with the money they are offering up. Old news! Maybe? This past Monday would have been an […]

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Real Estate Update It’s been about five weeks since the actions taken to flatten the curve on the spread of Covid 19 have been in place, and as most were expecting, Toronto’s real estate market has been affected.  What has happened is best described as “frozen” in comparison to some of the more dire predictions on substantial […]

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Last month I had posted about what to expect sale price wise in 2020, which was that prices were expected to rise between 6%-10% throughout Toronto. Well, January seems to have gobbled up that and more, as sale prices are up 12.3% mostly driven be the detached and condo market. Semi-detached homes and townhouse were […]

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We are a little over a week into the new year as I write this post about what to expect in the real estate market for Toronto in 2020. With the dawn of a new decade upon us, comes hope, from an affordability perspective at least, that house and condo prices in Toronto will dampen […]

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A lot has changed over the past 20 years, and finally after many past provincial government fails, they are finally modernizing the 2002 Real Estate Business Brokers Act that we agents are regulated under and it will now be called, The Trust in Real Estate Services Act. The four major changes are as follows: Sellers […]

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The month of September brings the unofficial start to Toronto’s fall real estate market. Once labour day passes and the last of our summer long weekend plans are behind us, a new school year kicks off, and so often does our housing sales. Depending on when the holiday Monday falls (this year it was early, […]

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Once again the Canadian government has found a way to penalize hard working small investors, who have purchased a condo pre construction. This is the same government agency that over the past few years have aggressively been attacking both unsuspecting and savvy condo investors, who have opted to sell their purchase contract before the condos […]

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Toronto’s housing has rebounded strongly in May 2019, with sales activity only marginally off from the month of May’s 10-year average. Prices on average are up 3.6%, which is much better than what you are seeing in the stock market. In comparison to May 2018, with sales then at a 15-year low, sales activity is […]

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If you are someone considering entering the real estate market in Toronto as a first-time buyer, it’s completely understandable if you feel like you are being screwed over. You are, and let me explain why and how. Toronto (and Vancouver) housing have much been talked about ad nauseam, both on how fragile and how expensive […]

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As we head into the normally crazy active spring market in Toronto, the Toronto Real Estate Board recently sent out notice to its members through its April Market stats newsletter, giving perspective to why sales activity is down about one percent from March 2018. “The OSFI stress test continues to impact home buyers’ ability to […]

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