A STRONG START FOR JANUARY: WHAT’S HAPPENING IN THE MARKET?
Starting off the new year, a total of 5,636 sales were reported through the TRREB MLS System in January 2022, a number that is down 18.2% year-over-year. New listings similarly followed new sales, down 15.5% from January 2021. Although sales were significantly down from the previous year, January 2022 reported the second highest number of […]
HOW TO CREATE THE PERFECT PRIMARY BEDROOM RETREAT
Your bedroom should be a place of refuge and relaxation. It should be a space void of clutter, and just because it’s not a high-traffic space, doesn’t mean it should be an afterthought. A luxuriously restful bedroom can help you recharge and start your day successfully. Read on for inspiration on the elements every luxury […]
WRAPPING UP 2021: WHAT’S HAPPENING IN THE MARKET?
As 2021 came to a close, TRREBS MLS system reported a new record number of sales to end off the year. 121,712 sales were reported this year, a number that is up 7.7% from the previous high of 113,040 sales that we saw at the end of 2016, and up 28% compared to 2020. Demand […]
HOW TO KEEP YOUR PIPES FROM FREEZING THIS WINTER
A burst pipe can cause major damage to your house and belongings and certainly not something you want happening during the holidays! This is a relatively common occurrence during the winter, so understanding how and why it occurs can help you avoid a problem. Let us help! Why Pipes Burst If the water inside pipes […]
THE BATTLE BETWEEN SUPPLY VS. DEMAND CONTINUES IN NOVEMBER: WHAT’S HAPPENING IN THE MARKET?
New all-time highs and records were set this past month. Home sales reached a new record for the month of November and the average selling price also reached a new all-time high. New listings were down substantially compared to last year across all market segments – further highlighting the apparent supply issue within the GTA. […]
A DEMANDING OCTOBER: WHAT’S HAPPENING IN THE MARKET?
Home sales in the GTA have reached the second-highest level on record for the month of October. However, the inventory of homes listed for sale did not keep up with the pace of demand. The number of new listings had dropped by approximately 33% compared to October 2020. Market conditions tightened across all major home […]
OUR TRADITIONAL ‘FALL MARKET’ IS BACK IN FULL-SWING: WHAT’S HAPPENING IN THE MARKET?
As summer swiftly ended -as it does every year- September marked the transition from our slower-paced summer market to the notoriously busier fall market in the GTA. Each year, we tend to see an increase in sales, average selling price and listings after Labour Day, and September 2021 did not disappoint. Sales relative to August […]
A ROBUST JUNE: WHAT’S HAPPENING IN THE MARKET?
Home sales in June 2021 were up compared to the sales we saw this time last year, however, numbers remained below the March 2021 peak and were lower than the number of transactions reported for May 2021. The regular seasonal trend remained consistent, the average selling price in June increased by double digits compared to […]
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 […]