There were 12,388 less properties for sale this year from last year – a 16% drop in listing and a 4.3% drop in average sales prices in the GTA. Do you know where prices didn’t drop? TORONTO. Location Location Location!! The Gov of Can’s recent announcement putting interest rate increases on hold means we are
Browsing tag: Financial District
Home prices continue to rise with the average monthly sale price up from $736,783 in January to $782,129 in July. As the year progresses we continue to see sales volume from at a healthy pace driven by our strong local economy and continually expanding population. I will be paying close attention to rising interests
Hello Hello, Many things happening in the new’s lately and I’m talking about Russia, Trump or Whoopie Goldberg. Last month was the first time in 2018 that the media reported month to month and year to date real estate price increases. Those of you who live in Toronto and have been watching the sales in
It has been a busy first half of the year. The market has taken time to adjust to the regulatory changes of the 16 Point Fair Housing Plan implemented a year ago and the B-20 Mortgage Qualification changes that came into effect on January 1st. These changes coupled with a long winter, the Provincial Election,
Hello Hello, I hope all is well and you enjoyed the brief glimpse of spring weather yesterday afternoon. I wanted to take a moment to update you as to whats actually happening within the different sectors of Toronto’s real estate market. The market is hot. The message presented by the media is Toronto’s real estate