Houses in Toronto

Toronto Real Estate Sales Down But Some Segments Rising In Price

June 4, 2018- The number of home sales may be down from last year’s peak, but flat from the month before, so stable. New listings are down and active listings are up 13.2%, with an average time to sell of 20 days on market. in the 416 area, the average sale price of a detached property is down 5.6% from a year ago. Condo apartment sale prices are up 6.5%. Read TREB’s full report and, to negotiate the intricacies of this market, contact Andrea Stark, Sales Representative, Diamond Award Winner 2017, Royal LePage RES Ltd., J&D Division, Brokerage 416-489-2121

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Toronto Condo Market Keeps Sizzling Through Winter

February 6, 2018- The Toronto Real Estate Board’s January 2018 statistics show that, although 416 detached home prices are down 12% from a year ago, the average 416 condo apartment sale price is up 15%. Still, due to the low inventory of homes on the market, many freehold properties are selling over asking. Let’s also keep in mind we started 2018 under freezing cold weather conditions, whereas 2017 began quite warm. With new borrowing rules and rising interest rates, (and the weather warming up), the time to list is NOW, while some buyers still have pre-approvals at lower rates under the old rules. Don’t wait for Spring. Read the full Toronto Real Estate Board Report here and for advice and personal real estate guidance, contact Andrea Stark, Sales Representative, Johnston & Daniel Division of Royal LePage RE Svcs., Ltd., Brokerage 416-489-2121

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

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

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

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

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