Market update: Covid-19 is changing downtown Toronto real estate This week, the Ontario Real Estate Association and Real Estate Council of Ontario directed all realtors to not perform face-to-face showings or perform public open houses. This directive came out shortly after the provincial government's shutdown of...
How has the Toronto real estate market held up? The market has held up well so far and there have been a decent number of quality listings this week. In my newsletter today, I feature one example of a property I wouldn't expect to be listed right now. It...
Did COVID-19, the oil rout and the subsequent stock market sell-off negatively effect freehold real estate sales downtown this week?I have been closely monitoring the sale prices of freehold homes downtown, along with the amount of interest they are receiving on offer night. Particularly, how each successive...
Lets' catch up! Here are my notes on the Toronto real estate market and how it is evolving: Latest Population & Economic Trends: Over 150K people moved into the GTA in 2018 and that was represented by 100K immigrants, 10K net interprovincial migrants and 40K net non-permanent residents (students,...
As expected, this has been a big week for new listings. March break is over and the weather appears to finally be turning a corner. I have seen a good cross-section of listings come on the market this week. From renovated homes to handyman specials...
The March Toronto real estate market has been subdued to say the least. This week is particularly slow for new listings as March break has begun and many families have shifted their focus to other activities. If you live in a family neighbourhood, any Realtor...
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...