A STEADY MAY: WHAT’S HAPPENING IN THE MARKET?
The Toronto Real Estate Board specified that residential transactions in May 2021 remained steady, however, fell short of the 2016 record and remained below the peak numbers we saw in March. Despite the slight decrease in sales over the last two months, market conditions remained tight enough to drive the average selling price to an […]
TRENDING 2021 PAINT COLOURS THAT DESIGNERS RECOMMEND
The COVID-19 pandemic has certainly encouraged people to pay increased attention to their homes- whether it prompts a move or just a facelift! A fresh coat of paint is something that can revive, update and modernize any space and actually make it more pleasant to spend time in; but we know that choosing a fresh […]
APRIL’S RECORD-BREAKING REBOUND: WHAT’S HAPPENING IN THE MARKET?
Home sales in the GTA have set a new record for April and amounted to more than quadruple that from April 2020. Last April, we experienced the first full month in our city of the COVID-19 pandemic, while challenging the regular seasonal trend, April 2021 sales actually declined compared to the sales we saw last […]
ONE YEAR SINCE THE INITIAL IMPACT OF COVID-19 IN OUR CITY: WHAT’S HAPPENING IN THE MARKET?
As we reflect back on March 2021, we recognize that we’ve now witnessed record-breaking home sales consistently for the first 3 months of 2021 in the GTA. The driving forces of these staggering numbers are Buyers taking advantage of the favourable borrowing costs and continued improvement in many sectors of the economy. There were 15,652 […]
TIPS FOR DESIGNING YOUR VERY OWN WINE CELLAR
Whether you’re a self-proclaimed wine connoisseur or a certified sommelier, you take pride in your wine collection at home and understand the value of a wine collection investment. When assessing your wine collection, a good question to ask yourself is “am I protecting my investment?”, “do I have a spot allocated to storing my collection?”, […]
A FANTASTIC FEBRUARY: WHAT’S HAPPENING IN THE MARKET?
We witnessed another record-breaking month this February as Buyers remained confident in their employment situations and took advantage of ultra-low borrowing costs. As competition between multiple buyers for reduced inventory continued so did the annual price growth! There were 10,970 sales reported through TRREB’s MLS System in February 2021 which resulted in a 52.5 per […]
A STRONG START TO 2021: WHAT’S HAPPENING IN THE MARKET?
We began 2021 in another provincial lockdown – with a stay at home order in place to try and curb the spread of COVID-19. Regardless of the lockdown in place, January 2021 home sales still managed to rise more than 50 per cent to 6,928 compared to the sales we saw in January of 2020. […]
LOVE IS NOT ON LOCKDOWN: GREAT WAYS TO CELEBRATE VALENTINES DAY DURING A PANDEMIC IN TORONTO
After being on another month-long lockdown in our city in order to help curb the spread of COVID-19, we are all beginning to feel a bit (or a lot) of fatigue during these challenging times. Though we might be on lockdown, love doesn’t have to be! That’s why we’ve curated a list of some great […]
WHAT DOES ONTARIO’S STATE OF EMERGENCY MEAN FOR TORONTO REAL ESTATE?
Effective as of January 14, 2021, at 12:01 am for at least 28 days, the government has issued and implemented a second province-wide state of emergency. Accompanied with the new restrictions, a stay-at-home order has been put in place, requiring everyone to remain at home with exceptions for essential purposes such as going to the […]
A LOOK BACK AT HOW 2020 MADE HISTORY: WHAT’S HAPPENING IN THE MARKET?
Aside from an unprecedented year as a result of the COVID-19 outbreak, including necessary public health constraints and ambiguity surrounding Toronto’s economy, 2020 proved to be the third-best result on record for the GTA recording over 95,000 home sales. The average selling price reached a new all-time-high of almost $930,000. The year 2020 led the […]