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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I started writing this blog post about six months ago, and then put it into my draft folder as after I finished proof reading it, it sounded more like a rant against the company rather than my intended post, which is to educate and inform. I’ve deleted the original draft, and will start fresh Before […]

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“Strong job growth across a number of different sectors coupled with the GTA’s renowned cultural diversity continued to fuel robust population growth in 2019. Obviously, all of these people needed a place to live, with many initially pointed to the rental market. This obviously underpinned the growth in condominium apartment rental transactions,” said TREB President […]

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As the calendar year winds down our real estate market typically goes into a slight slumber as the holiday season approaches and we all grapple with our stuffed bellies and potential New Year’s eve hangover. Fun times for sure. But this past week saw two major announcements that should have a huge impact on Toronto’s […]

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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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I was having a conversation recently with a colleague of mine, as I am in the process of searching for a new home. She herself is about 12 months away from making a move from living in a house (a large one at that) to that of a condominium apartment. We got to talking about […]

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It wasn’t your typical month of July when it came to housing sales activity. Year-over-year activity was up a staggering 24.3% from July 2018, and even up 5% over June’s sales. Now that has happened in at least the past 10 years, probably even longer, as I got tired of looking and stopped at the […]

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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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