Posts Tagged 2017 Toronto real estate

Toronto Real Estate Prices Still Strong

Aug 6, 2017- Don’t let sensational headlines sway you- the Toronto real estate market may not have seen increases in the last few months, but hey- it is summer. And prices were increasing at a rapid rate. TREB’s Market Watch Report shows that year to date average sale prices of all home types have increased 17.3% from this time last year. Still a large gain. So if you are considering buying, don’t sit on the fence- with mortgage rates rising and lending rules tightening, buy now. Thinking of selling? Don’t wait. There is pent up demand for good properties and lending practices will make it more and more difficult for buyers to be able to borrow. Now is the time. Andrea Stark, Sales Representative, J&D Division of Royal LePage RE Services Ltd., Brokerage 416-489-2121

, , , , , , , , , , , , , , , , ,

Leave a comment

TREB Stats Show: Now Is The Time To Buy Toronto Real Estate

July 5, 2017- Active listings are finally up for freehold properties. But active 416 condo apartment listings are actually down 32% from a year ago. The average detached 416 house sells for $1,503,868, the average 416 condo apartment $564,808. There is less than a two month supply of homes so there is demand for properties. There has been a blip with many factors happening at one time, like the Ontario Fair Housing Act and many homeowners listing all at once, but the feeling is that the Toronto market will stay strong. A good time to be buying, especially a freehold property. Read the full Market Watch report here and visit TOrealestate.ca Andrea Stark, Sales Representative, Royal LePage Real Estate Svcs., Ltd., J&D Division, Brokerage 416-489-2121 andrea@andreastark.ca

, , , , , , , , , , ,

Leave a comment

Toronto Real Estate Sale Prices Higher Than Last Year

June 5, 2017- Sale prices of detached 416 homes rose 17% since a year ago, but have decreased 4.7% since last month. 416 condo apartment prices are up over 27% since a year ago, but down 2.3% from April to May 2017. Active listings went way up in the last two months, but are still low, especially in the condo market. Multiple offers are occurring, although less so. Read TREB’s Market Watch Report here, For more information or advice on the Toronto market, contact Andrea Stark, Sales Representative, Johnston & Daniel Division of Royal LePage R. E. Svcs. Ltd., Brokerage- 416-489-2121

, , , , , , , , , , , , , , , ,

Leave a comment

High Park Restoration- Modern Updates With Original Character Maintained

May 11, 2017- Striking a stunning balance of rich history and present day conveniences. Over 3200 SF of living space,  4 or 5 bedroom home c.1917. Stained & leaded glass, wainscoting, quarter-sawn hardwood. Bright Marcon kitchen and baths and excavated basement all have heated floors. Landscaped west lot with front pad parking & garage. Right by High Park, subway, & shops. 26 Mountview Avenue, Offered for sale $1,585,000. Open House May 13 & 14, 2-4, Andrea Stark, Sales Representative, J&D, A Division of Royal LePage RE Svcs. Ltd., Brokerage 416-489-2121

, , , , , , , , , , , , , , ,

Leave a comment

Toronto Possibly Heading Towards A More Balanced Real Estate Market

May 5, 2017- The Toronto real estate market remains very active and sale prices are strong. However, new listings were up over 33% March 2017 compared with March 2016 and active listings were up 3% from a year ago. So, if inventory is increasing, we may be heading to a more balanced market, from the seller’s market Toronto has seen for what seems like forever. Time to sell if you were on the fence and time to buy before interest rates increase. Read TREB’s Market Watch Report here and visit TOrealestate.ca for personal real estate advice- Andrea Stark, Sales Representative, Royal LePage RE Services, Ltd., J&D Division, Brokerage 416-489-2121

, , , , , , , , , , , , , , , , , ,

Leave a comment

Toronto & Ontario Real Estate Proposed New Rules & Taxes To Address Fair Housing And The Heated Market

April 20, 2017- Ontario unveils a 16 point plan designed to control the heat of the GTA’s real estate market. Read the Ontario Fair Housing Plan and The Toronto Real Estate Board’s response. NB: We as REALTORS have been collecting client ID info including residency for many years now on a mandatory basis for FINTRAC, the government agency that monitors terrorism and money laundering. Andrea Stark, Sales Representative, Johnston & Daniel Division of Royal LePage RE Services Ltd., Brokerage 416-489-2121

, , , , , , , , , , , , ,

Leave a comment

Toronto Real Estate Stats Highlight Heated Seller’s Market

April 5, 2017- And so it continues….With active listings down a further 35.2% from last year, sales up 17.7%, inventory gets tighter so frustrated buyers are paying high prices to obtain scarce properties in Toronto. The average sale price of properties of all types is up 33.2% this year to $1,661,780 for a detached property and $550,299 for a condo apartment. (416 area). Want strategies on how to snap up a place? Or how  to maximize the sale of your home? Read the full TREB Market Watch Report and connect with Andrea Stark, Sales Representative, Johnston & Daniel, Royal LePage RE Svcs. Ltd., Brokerage 416-489-2121

, , , , , , , , , , , , , , , ,

Leave a comment