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December 2022 Market Stats

January 13th, 2023

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

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

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 […]

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 […]

Predictions for 2022

February 03rd, 2022

Lessons From An Economist There’s one economist who I greatly admire and that is the illustrious Benjamin Tal, deputy chief economist at CIBC. He’s well respected and widely sought after and seems to have the uncanny ability to be right on target with his predictions. He even informs the Bank of Canada. Let’s hope they listen to […]

Sold for Over List in Just 48 Hours!

November 09th, 2021

https://www.theglobeandmail.com/real-estate/toronto/article-freehold-townhome-near-christie-pits-sold-over-asking-in-48-hours/

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