2018 Toronto real estate

Renovated North Toronto Residence- 36 Blythwood Rd Suits Your Active Lifestyle

January 16, 2018- Coveted neighbourhood. Walk to Yonge Street shops, subway, libraries and top schools. Sherwood Park and Blythwood Ravine. Main floor family room addition, all hardwood floors and windows replaced, reno kitchen and 3 baths. Bright and airy open-concept living/ dining rooms. Private drive with parking for 3+ cars. 2669 SF living space + garage (new 2009).  $1,735,000. Open house weekend January 20 & 21, 2-4 pm. More info and virtual tour: Andrea Stark, Sales Representative, Johnston & Daniel Division of Royal LePage RES Ltd., Brokerage 416-489-2121

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Government Intervention Balanced Toronto’s Hot Real Estate Market

January 7, 2018- Between the implementation of the Ontario Fair Housing Plan last Spring and recent OSFI lending rule changes, the Toronto Real Estate Market has become less of a seller’s market. Sale prices of detached homes in Central Toronto increased only .5% from December 2016 to December 2017. Condo apartment prices still increased 15% year over year. Condos of all sizes remain in strong demand. With the freezing temperatures, the Spring 2018 housing market may start slowly, but quality homes in demand neighbourhoods will continue to be attractive to smart home buyers. Read the TREB statistics in Market Watch, and for personal real estate assistance, contact Andrea Stark, Sales Representative, Royal LePage, J&D Division, Brokerage 416-489-2121

Strong Demand For Condos Leads Toronto Real Estate Market News

December 6, 2017- Condo apartment sale prices are up 17.7% from a year ago and condo townhome prices are up 12.3%. There is strong demand for condos of all sizes and types- including the over $2,000,000 price point. The freehold house market is less predictable right now. For example, prices of detached homes in Central Toronto are down 1.7% from a year ago, although some attract multiple offers and sell over asking. The feeling is that the newest wave of government regulations, regarding mortgage lending, which come into play after the end of this year, will not affect the ability of most buyers to buy and that we will see a strong Spring market- condos especially. Read all the details in TREB’s new Market Watch report and for confidential, personalized real estate service, contact Andrea Stark, Sales Representative, Johnston & Daniel Division of Royal LePage Real Estate Services Ltd., Brokerage 416-489-2121