Upon first glance, one might think that the Greater Toronto real estate market was in a massive downfall when compared to March sales a year earlier. We went from 15,628 sales in 2021 to 10,995 sales in March 2022. That’s a whopping 30% decrease, which is large for year over year under normal circumstances. But […]
Over the years I have built a business that serves seller and buyer clients of all sorts, ranging anywhere from a first time buyer all the way through assisting a family sell a home through an estate sale. Some clients are more savvy than others, which doesn’t affect the outcome from my perspective, as my […]
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 […]
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 […]
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 […]
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 […]
“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 […]
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 […]
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 […]
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 […]