Category: Market Watch

Toronto Housing Market Overview – June 2014

New June 2014 Toronto Housing Report! If you’re interested in Etobicoke real estate or listing in Etobicoke or Downtown Toronto, understanding the market is key! Every month I post monthly market reports so you can make informed decisions when buying or selling your home within the GTA. Strong Growth in June Sales Stepping into his role as President of the Toronto Real Estate Board, Paul Etherington… Read more »

Toronto Resale Housing Market Figures For May 2014

TREB Housing Market Charts For May 2014 from Andrew Doumont Toronto Real Estate Board President Dianne Usher announced that both the number of home sales through the TorontoMLS system and the average selling price were up strongly in May compared to a year ago. Strong Month of May! Total TorontoMLS sales for May 2014 amounted to 11,079 – a new high for the month of May…. Read more »

1.99% Mortgage Rate Shocks Toronto Real Estate!

When it comes to buying home real estate in Toronto, we often shop around for the best mortgage rate we can get our hands on. But on May 13th, the lowest mortgage rate since 2010 may have just fell onto your lap. Winnipeg based financial service, Investors Group, unveiled a three-year variable rate mortgage at 1.99%. It is a 36-month term at a variable rate 101… Read more »

Toronto Housing Market Overview – March 2014

Toronto Housing Market Chart for March 2014 from Andrew Doumont “Sales activity in the GTA accelerated last month. Compared to last year, a greater number of buyers found affordable home ownership options, as evidenced by sales growth for all major home types. Against this backdrop, however, overall inventory at the end of March remained lower than last year. This means competition between buyers increased, which is… Read more »

Will new Canadian prostitution laws affect Toronto housing Market?

Are you reading this correctly? Is this realtor really going to discuss how Canadian prostitution laws can affect the Toronto housing market? The answer is yes –because prostitution may soon be 100% legal by December 2014 and may significantly impact your property value. This past December, the Canadian Supreme Court ruled to strike prostitution laws, granting the Canadian government 1 year to amend them. If no… Read more »

Totem – The Newest Condo Development in Toronto

Why Totem is the hottest new condo development in Toronto! If you’re a big downtown condominium real estate buff or follow new condo development in Toronto, then you definitely heard of Totem Condominium on 17 Dundonald Street (Yonge & Wellesley). Development of the soon-to-be iconic condo is well on its way, with a move-in date slated for November 2016. The 18-story building showcases illuminated boxes that… Read more »