A STEADY SEPTEMBER: WHAT’S HAPPENING IN THE MARKET?
The Toronto Real Estate Board announced a reported 7,825 sales in September 2019 which represented a strong annual growth of 22 per cent compared to 2018. Although the sales still don’t surmount the sales reported in September 2016, the Toronto Real Estate Market is definitely heating up. As a result of the inevitable seasonal adjustment, […]
AN AUGUST REBOUND: WHAT’S HAPPENING IN THE MARKET?
After preliminary seasonal adjustment, The Toronto Real Estate Board announced a reported 7,711 residential sales in August 2019. As a result, a 13.4 per cent increase was seen in comparison to the 6,797 sales reported in August 2018. The average selling price was up by 3.6 per cent year-over-year at $792,611 in August 2019. The […]
A TIGHT JULY: WHAT’S HAPPENING IN THE MARKET?
The Toronto Real Estate Board announced a reported number of 8,595 sales in July 2019. This result demonstrated a significant increase of 24.3 per cent in sales compared to July 2018. Sales were up 5.1 per cent on a month-over-month basis, after the anticipated seasonal adjustment. Tighter Conditions Year-over-year, the number of new listings entered […]
Mortgage Stress Test Rates Drop for The First Time Since 2016
While the Bank of Canada’s mortgage rates in the OSFI Stress Test has proved to live up to its name since implemented back in January 2018. Last Friday, however, the banks finally decided to lower their mortgage rates for the first time in almost 3 years. The central bank’s five-year benchmark qualifying rate has dropped […]
A COMPETITIVE JUNE: WHAT’S HAPPENING IN THE MARKET?
The Toronto Real Estate Board’s new President, Michael Collins, revealed a 10.4 per cent increase in June 2019 sales statistics compared to that of June 2018 with a total of 8,860 sales through the Greater Toronto Area. The number of new listings remained stationary during the month of June and we witnessed a 5.7 per […]
A STRONG APRIL: WHAT’S HAPPENING IN THE MARKET
Toronto’s Real Estate Market has shown a significant year-over-year increase in home sales in April 2019. Transactions for residential sales jumped by a substantial 16.8 per cent to 9,042 compared to the 7,744 year-over-year sales in April 2018. Compared to last month’s reported numbers, sales have increased by 11.3 per cent. On one hand, an […]
Most Naturally Beautiful Neighbourhoods in Toronto
From charming coffee shops to delicious eateries, to picturesque parks – Toronto is undoubtedly one of the best cities in the world to live in. No matter what you’re looking for in a place to call home, Toronto has something to offer, and every area in this bustling city is entirely different. In this blog, […]
Pre-Construction Vs. Resale Condos: Which One is Better?
Pre-construction projects tend to receive a lot of buzz in the GTA. While many buyers are curious about purchasing these units, some are also unsure about the benefits. Are there major advantages to purchasing a condo in a brand new building, or can you get just as much value from an older unit? While the […]
Top Interior Design Tips for a Modern Kitchen
The kitchen is arguably the most practical room in the house. Even if you order in food every day, you still have to store and re-heat your left-over delivery in your kitchen. It’s important that this space is not only functional but modernized. Here are some top interior design tips for a modern kitchen. Go […]
Summerhill Real Estate & Neighbourhood Guide
Summerhill real estate contains some of the most sought-after properties in the city, and it’s easy to see why. Historical homes, tree-lined streets, and lush parkland all add to the appeal of this beautiful pocket of central Toronto. Though the neighbourhood is tranquil in character, its location along the Yonge Street Corridor ensures that its […]