2016 Toronto real estate

Another Record Year for Toronto Real Estate

Andrea StarkJanuary 5, 2017- The average sale price of all homes in Toronto went up 20% in the last year- detached homes up 23.7% on average and condo apartments up 16.6%. In the City of Toronto, the average price of a detached home is now $1,286,600. In Central Toronto, $2,068,876! In the City of Toronto, the average condo sold for $466,692. In Central Toronto, $626,118. The feeling is that the market will remain strong, but there are new borrowing rules, borrowing rates are increasing, and there are big question marks coming from our neighbour to the south. Our city and country remain attractive to foreign buyers. Read TREB’s Market Watch Report and visit TOrealestate.ca for more info on Toronto real estate by Andrea Stark, Sales Representative, Johnston & Daniel, Division of Royal LePage R.E. Services Ltd., Brokerage 416-489-2121

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Toronto Real Estate Board Statistics Continue To Show Increased Sales and Prices

copy-of-j_d-social-media-logo_full-colour-600pxDecember 13, 2016- Goes to show how busy I am- never this late with monthly market updates! So: sales are up in Toronto 16.5% from this time last year and the average sale price of all properties is up 22.7%. The average sale price of a detached home in the 416 area is up 32.3% to $1,345,962 and the average condo apartment is up 13.5% to $471,266. So far, the new mortgage rates have not affected activity in Toronto. We will see what happens with Donald Trump and a predicted rise in interest rates. Review all the facts in this month’s Market Watch report- and visit RetireWellToronto.com Andrea Stark, SRES, Sales Representative, Johnston & Daniel- A Division of Royal LePage RE Services Ltd., Brokerage- 416-489-2121

Toronto Real Estate Board Reports Record Sales

web-res-62_gwendolen_ave-exterior-001November 4th, 2016- October 2016 home sales were up 11.5% over October 2015. New listings were up slightly, (less than 1%), so it remains a seller’s market and very difficult to find properties for would-be buyers. The average selling price of a detached property in Central Toronto is now $2,086,362 and a condominium apartment is now $508,617. Read the full Market Watch Report here and contact Andrea Stark, Sales Representative, CNE, SRES, Johnston & Daniel- Division of Royal LePage R.E. Svcs. Ltd- For personal, professional real estate assistance- TOrealestate.ca

Toronto Real Estate Market Stays Strong

autumnOctober 5th, 2016- The statistics out today from the Toronto Real Estate Board show the sustained demand for our fair city with increased sales, low inventory, and higher sale prices. The average sale price of a detached 416 property is up 23% from this time last year, now selling for $1,294,482 and up 6.5% to $446,294 for condo apartments. Read the full Market Watch Report and visit TOrealestate.ca for personal real estate advice and services including downsizing and investment properties- Andrea Stark, Sales Representative, Royal LePage RES Ltd./ Johnston & Daniel, Brokerage- 416-489-2121

Extraordinary Design on Pie-Shaped Lot in Quiet North Toronto Cul-De-Sac

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October 4, 2016- Vaulted ceilings and thoughtfully placed windows showcase sunlight and inspiring views of greenery. Over 3500 SF of living space. Open concept main level entertaining spaces lead to the 66′ wide landscaped private backyard. 186 Banff Road is a very special  residence, walking distance from great schools & shops including a new Whole Foods. For more information, please visit TOrealestate.caAndrea Stark, Sales Representative, Royal LePage RES Ltd/ J&D Division, Brokerage- 416-489-2121

New Exclusive Listing- Coveted Low Traffic Pocket Yonge & 401

62frontexteriorSeptember 14, 2016- Quiet neighbourhood street across from Gwendolen Park and ravine- steps to Cameron Public School and convenient to all the amenities on Yonge Street and the 401. Well- maintained three bedroom brick bungalow with private drive on a beautiful 41.88′ x 130′ lot. Move in condition, add on or build new. $1,770,000 Andrea Stark, Sales Representative, Royal LePage RES Ltd/ J&D Division, Brokerage 416-489-2121

Toronto Real Estate Reports Yet Another Record Breaking Month

housing_charts3September 9, 2016- Since this time last year, sales are up 23.5% and the average sale price is up 17.7%. The average detached house in the 416 area sold for 21.5% over August 2015 and the average condo sale was up 9.8%. With interest rates remaining at record lows and demand for our city high, the feeling in the industry is that the real estate market will continue to be strong going forward. Read all the statistics in TREB’s Market Watch Report and visit TOrealestate.ca– Andrea Stark, Sales Representative, Royal LePage RES Ltd./ J&D, Brokerage, for real estate advice and personal assistance. 416-489-2121