Market News

Market Forces And The Cost Of Life PLUS Reasons Why Toronto Is The Centre Of The Universe!

June 27th, 2019

The Toronto Raptors are the 2019 NBA Champs for the first time in the team’s history and outside of the US. The entire country was cheering us on and the city of Toronto and it’s inhabitants certainly have a lot to be proud of. The big question of course is whether Kahwi Leonard and Danny Green will […]

The Toronto Market Awakens!

May 29th, 2019

After months of lagging sales the most recent “Market Watch” report from TREB points to signs of an awakening!  April sales were up year over year by almost 17% translating to over 2000 additional sales as compared to last year.  Even better news is that there has been an 8% increase in new listings as compared to last year.  Don’t […]

Having a Canada Moment!

April 03rd, 2019

Reasons Why We Love Our Country and It’s Largest City 1)  According to the US News & World Report 2018 Best Countries List./Wharton School, Canada ranked 1st for the third year in a row as having the BEST QUALITY OF LIFE!  We’re also one of the top 10 best countries for entrepreneurship, being modern/ forward thinking, retiring comfortably, raising kids, transparency, green living, […]

2018 Review! What’s in Store for 2019?

January 23rd, 2019

Happy New Year! Let’s make it a great one 🙂 2018 was a very bumpy year. In order to cool the market, the government introduced the stress test and simultaneously raised interest rates a number of times. Unfortunately, these measures harmed aspiring homeowners especially millennials, new Canadians, entrepreneurs and move-up buyers by chopping the amount they could borrow by 20%. A […]

Toronto Market Shows Positive Price Growth  As All Home Types Are Selling for Over List !

November 19th, 2018

With so much negative talk in the media about a housing slowdown in many parts of the country it seems the Toronto market is as resilient as ever with positive stats in terms of price growth and number of sales in most Central/East/West neighbourhoods particularly those situated close to the subway. Without a doubt, the frenzy we’ve seen […]

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 […]

Copyright © 2019 Kimmé Myles Toronto Real Estate Blog | All Rights Reserved

Designed and built by ICONICA COMMUNICATIONS