The market ground to a halt this week, as Christmas is now just over a week away. The types of property that come on the market this time of the year are usually investment properties, estate sales, and/or vacant houses in need of work. Selling a...
[caption id="attachment_23799" align="alignright" width="300"] Nick Horton, salesperson.[/caption] The real estate market continues to slow down as we get closer to Christmas, but a few interesting listings continue to pop-up. The end-of-the-year deal is real and I frequently have clients who take advantage. So far, the real estate...
[caption id="attachment_23799" align="alignright" width="300"] Nick Horton, salesperson.[/caption] Late November is always an interesting month for real estate in Toronto. The inventory begins to dwindle and buyers shift their focus to winter vacation and the holidays. Moving over the holidays or a 'shoulder' season can be tricky,...
The latest sales stats for October came out last week in line with expectations: the downtown real estate market continues to have an inventory issue and as such, remains competitive. Although interest rates have marched upwards, demand remains high. If I am seeing any weakness, it is...
[caption id="attachment_23799" align="alignright" width="240"] Nick Horton, salesperson.[/caption] I am continuing to see very strong demand for housing downtown, as a lack of inventory continues to keep the market competitive. The most competitive properties continue to be nicely finished homes that need very little maintenance. This type of...
[caption id="attachment_23799" align="alignright" width="240"] Nick Horton, salesperson.[/caption] This week the sales numbers came out for September, a fairly important month after the downtown market cooled-off slightly over the summer. The summer lull, especially in July, made many professionals in the real estate industry nervous about predicting how...
[caption id="attachment_23799" align="alignright" width="240"] Nick Horton, salesperson.[/caption] Looking at the listings I featured last week, *%& McRoberts Ave was the most desirable. Not only because it was the most affordable, but because it presented well. On offer night, bidders disregarded any preconceived notion they had about the...
[caption id="attachment_23799" align="alignright" width="240"] Nick Horton, salesperson.[/caption] Two weeks into the fall market and I am seeing a lot of quality listings on the freehold side. Many buyers and sellers who took the summer off are now back in the market and ready to engage. Interestingly, the...
[caption id="attachment_23799" align="alignright" width="240"] Nick Horton, salesperson.[/caption] August's sales statistics came out this week and showed a bounce-back in sales growth and appreciation. The belief is that sales growth in August and earlier this year will continue into the fall, as demand will pick up when buyers...
[caption id="attachment_23799" align="alignright" width="240"] Nick Horton, salesperson.[/caption] Heading into the fall market, it appears we will have slightly more freehold inventory for sale compared to last year. Freehold property is defined as detached, semi-detached and attached houses. So far this August, listings of semi-detached and detached homes...