Market News
December 2022 Market Stats
January 13th, 2023
- About Toronto
- Buyers
- First Time Buyers
- Home Owners
- Market News
- News Announcement
- Properties
- Resale
- Sellers
- Toronto Real Estate
While the stats show that home prices across the board for all home types are down by approximately 7% year over year, there is the potential for tightening in the Toronto real estate market. A levelling effect on prices has occurred since the late summer of 2022 and prices have remained stable since then. So […]
2023 Luxury Outlook Report
January 13th, 2023
- Buyers
- Home Owners
- Lifestyle
- Luxury Real Estate
- Market News
- News Announcement
- Properties
- Sellers
- The Buzz
The 2023 Luxury Outlook Report has been released. It seems that luxury buyers are not affected by interest rate fluctuations. In fact, prices remained steady throughout 2022 whereas in the lower price sectors, prices softened. Many believe this is due to the intergenerational transfer of wealth from baby boomers to their adult children. An explosion […]
Toronto – November Market Stats
November 04th, 2022
- About Toronto
- Buyers
- Home Owners
- Investors
- Market News
- News Announcement
- Properties
- Sellers
- The Buzz
- Toronto Real Estate
Of course there is a big spread between home prices in February and March of this year to now but did you know that since July average prices have held steady in spite of numerous interest rate hikes? Prices have not continued to trend downward which is somewhat positive news. The number of sales has […]
Trying to Make Sense…
October 29th, 2022
- About Toronto
- Buyers
- First Time Buyers
- Home Owners
- Investors
- Market News
- Properties
- Resale
- Sellers
- Toronto Real Estate
The level of uncertainty and confusion amidst consumers and within the realtor community has been exacerbated by the incessant filter of negativity used by the media to fuel even more uncertainty. Truly a vicious cycle. It’s no wonder buyers and sellers are sitting “on the fence”. Who can possibly go forth with confidence? How refreshed […]
Cutting Through The Noise
September 30th, 2022
Real Estate can be an emotionally charged topic regardless of whether you rent or own. There’s not a restaurant or coffee shop I go to where I don’t overhear (I don’t generally like to eavesdrop on complete strangers – people I know maybe..lol) people talking about real estate. Torontonians are obsessed with real estate and […]
Housing Market Shift
August 30th, 2022
- About Toronto
- Buyers
- First Time Buyers
- Home Owners
- Investors
- Market News
- Resale
- Sellers
- Toronto Real Estate
What a year it’s been so far. A bit of a roller coaster ride right? First we had a crazy high and a truly unsustainable jump in prices through the early part of the year and ever since the peak in February the market in terms of both sales and prices has been on a […]
Top Tier Mid Year Market Report
July 24th, 2022
According to Sotheby’s International Realty Canada’s Top-Tier Real Estate: Mid-Year Report, residential sales in Canada’s largest luxury real estate market moderated through the first half of 2022. Even as the market gradually came into balance, Greater Toronto Area (Durham, Halton, Peel, Toronto and York) residential real estate sales (condominiums, attached and single family homes) over […]
Toronto Market Stats – June 2022
July 12th, 2022
June stats point to a significant decrease in activity year over year and also from May 2022. However prices are up for all home types. Townhomes lead the way with a 9.1% increase while detached homes had the lowest increase y/y by just 2.9%. We expect activity to be slow throughout the summer months partly […]
