Houses in Toronto

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

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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

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

Toronto Real Estate Monthly Stats Show Active Listings Down 31.4%

TORONTOcityhallnightJuly 17, 2016- TREB’s June 2016 Market Watch Report shows the average sale price of detached homes is up 19.9% and condo apartment prices are up 7.7% from this time last year. The average price of a detached home in the 416 area is now $1,259,486 and a 416 condo is $448,000. Even with the uncertainty surrounding the US election, and the fallout from Brexit, the interest in Toronto real estate has remained super strong. For real estate advice, visit Andrea Stark, Sales Representative, Royal LePage RES Ltd./ J&D Division, Brokerage 416-489-2121

Toronto Real Estate Hits New Record For May 2016

Toronto SitesJune 3, 2016- Home sales increased 10.6% in May 2016 from May 2015. Listing inventory is down even further. Average sale prices are up 15.7% in Toronto- detached houses are now $1,285,693 and $2,013,470 in Central Toronto. Review the latest Market Watch Report from the Toronto Real Estate Board and visit TOrealestate.ca for personal real estate advice from Andrea Stark, Sales Representative, Royal LePage R.E.Svcs., Ltd, J&D Division, Brokerage 416-489-2121

Red Hot Toronto Spring Real Estate Market

2016_April_Market Stats J&D_r2

May 6, 2015- TREB’s April statistics are out and show increasing sale prices of Toronto homes- detached house prices are up 18.9% in the 416 area and condo apartment sale prices are up 7%. Properties are selling, on average, after 15 days on the market. Active listings are down 26.9% so it is increasingly difficult to buy. The high prices are translating into more higher end sales.  Read the whole TREB Market Watch Report here. For personalized real estate advice and more information, visit TOrealestate.caAndrea Stark, Sales Representative, Royal LePage RES Ltd., J&D Division, Brokerage, 416-489-2121

Toronto Real Estate Market Growth Continues

2016_MARCH_Market Stats JDApril 14, 2016- The Toronto Real Estate Board statistics for March 2016 show that average sale prices are up over 12% from the same time last year. Active listings are down 20.7% so demand is even higher and listings are selling in 16 days on average. The average sale price of a detached home in Central Toronto is now an unbelievable $1,863,704 and the average condo apartment in Central Toronto is selling for $464,888. Read all the March 2016 TREB stats and visit TOrealestate.ca for more information on investing in Toronto Real Estate- Andrea Stark, Sales Representative, Royal LePage RES Ltd/ J&D Division, Brokerage 416-489-2121