Market News

What to Expect ! Past, Present and Future

October 05th, 2018

THE GTA REAL ESTATE MARKET WHERE IT’S BEEN, WHERE IT’S AT, WHERE IT’S GOING. There are a slew of issues affecting the Housing Market right now: NAFTA negotiations/free trade, the inventory problem, government policies/plans and interest rates to name a few. Depending on the the outcome of the NAFTA talks, interest rates could potentially go up in October or possibly in December […]

Market Rebound! 15 Key Points You Need To Know

July 24th, 2018

Has The Toronto Market Finally Rebounded?    15 Key Points YOU Need To Know Buyers have adjusted to tougher mortgage qualification rules (stress test) and are jumping back into the real estate market resulting in an increase of sales from May to June by 17.6% Yay!   The purchasing power of the average Canadian “peak millennial” born between 1987-1993 dropped by approx. 16.5% as […]

A Peek 👁 into My Crystal Ball 🔮 ! Spring Market Trends and Predictions!

April 25th, 2018

The truth is I don’t really have a crystal ball but I do keep a close eye on the market! Here are just a few of my observations and dare I say – predictions for the remainder of 2018. Read at your own risk! 1) Sanity Has Returned! For those who can afford to buy […]

SOLD IN MULTIPLE OFFERS!

March 27th, 2018

Situated in the heart of St. Clair West in one of T.O.’s most vibrant communities, this sweet one bedroom plus den condo sold in February after just 6 days on the market for 114% of the list price. What a true testament to the strength of the 2018 condo market!

Sold in Only 1 Day!

March 20th, 2018

Featured in The Globe and Mail, this architecturally unique freehold townhome in Toronto’s historic Cabbagetown area sold for 111% of list in just one day! Click here to read the print article! Click here to watch the accompanying video!

Tales of Toronto Real Estate How to Make the Changing Market Work for YOU!

March 13th, 2018

Last year at this time we were in an “all out knock em dead” feeding frenzy here in the city of Toronto. It didn’t matter where you wanted to buy, whether it was in the central, west or east Toronto areas which I service or whether it was in Wasaga Beach, Pickering, Burlington, or Richmond […]

Short Term Gain or Long Term Pain? Will the New Rules Really Cool the Market in the Long Run?

June 01st, 2017

It’s been over a month now since the Provincial Ministry of Finance introduced their 16 Point Fair Housing Plan designed to cool the real estate frenzy which has gripped Toronto and the entire Golden Horseshoe over these past few months. The craziness prevailed through April as the average price in the GTA soared upwards of […]

Problematic housing market conditions continue: CMHC reports

February 28th, 2017

Canada Mortgage and Housing Corporation (CMHC) is reporting strong overall evidence of problematic housing market conditions nationally for the second consecutive quarter due to overvaluation and price acceleration in Canada’s housing markets. This assessment largely accounts for market conditions in Vancouver and Toronto where strong price growth has been spreading to neighbouring centres such as […]

Think Toronto Has An Oversupply of Condos? Think Again!

February 05th, 2017

  That stats are in! During the 4th Quarter of 2016, Condo sales were up by 22.3% year over year. New listings during the same time frame were down by 13.4%.  Average prices during this time frame increased by almost 15% year over year. By now, you know how it works right? When listings are […]

The State Of Toronto Real Estate – Shortage of Listings Fuels Ravenous Demand

January 24th, 2017

The Toronto Real Estate Market will continue to sizzle through 2017 despite mortgage “safety tests” meant to cool the market, despite mortgage rate hikes, despite talk of prices being unsustainable and despite naysayers forecasting a slowdown…how long have they been saying that? According to the Toronto Real Estate board, the GTA had a record year […]

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