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Toronto’s Fall Market Trends & New Mortgage Rules – 2017

Toronto’s Fall Market Trends & New Mortgage Rules – 2017

 The fall real estate has been off to a strong start. In the central Toronto area (which varies from reports about the Toronto Real Estate Board as a whole) we continue to see multiple offers both in the housing and condo sectors. While, thankfully, it is not to the...

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March Market Snapshot

March Market Snapshot

The latest sales data for all properties sold in March has been released. Compared to last year, sales are up around 30% across the board whether the home is a semi, detached or condo. Despite there being constant reports that Toronto has a tight inventory, the sales...

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My take on the latest Ontario real estate news

My take on the latest Ontario real estate news

Many people are aware that Kathleen Wynne announced some ‘changes’ for the housing market today.  I put quotes around ‘changes’ as I feel, as someone who is in the industry, these are not substantial enough to do much for our market. Her main points: Foreign Buyer’s...

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What is the current state of Toronto’s real estate market?

What is the current state of Toronto’s real estate market?

With the change in mortgage rules and some speculation over the impact of the BC foreign buyers tax, the real estate market has been moving quickly since the beginning of November. Toronto’s February 2017 sales are up 5.7% though we have fewer new listings. This is...

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October Market Snapshot

October Market Snapshot

Strong numbers for our fall market so far!  Even the condo market saw huge increases. Low inventory levels continue to drive demand.  Changes could be around the corner with some talks of a slight increase to interest rates and the new reduced land transfer tax for...

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September Market Snapshot

September Market Snapshot

Similar to the great weather we experienced in September, our real estate market was just as hot. We saw significant increases across all three major home/condo buying sections. Low interest rates and lack of supply continue to drive demand. Next month could tell a...

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