US interest rates increase from 1% to 1.25%. Although interest rates continue to be lower than inflation (effectively making borrowing free) a rate hike along with the recent spike in supply, growing evidence of continued supply growth due to the Air B&B announcement and banks tightening lending policies resulting in appraisal values coming in lower
March 5,400 Listings. April 12,926 Listings. May 18,477 Listings. Prices are up 27% year to date. We are back up to a healthy number of listings and the frenzy of February and March has subsided. Buyers have options.. 13,000 more options than March. Sellers are making 27% more then those selling last year this time.
I just listed a beautiful bungalow with a basement apartment in Eglinton West. The Eglinton subway line is coming which is creating an uptick in demanding desirability. Perfect for owner occupancy or ado your income property portfolio. Offers anytime.
Art imitates life. Art also inspires life. This is the vision behind Lanterra Developments’ newest condominium in the heart of the city. A fusion of Michelangelo’s David and Rodin’s Thinker. A true sculptural landmark. This is Artists’ Alley, Lanterra’s magnum opus. Message me for pricing and floor plans.