Midtown Toronto

Toronto Home Sales Up- Condos Increasing More In Value Than Freehold Real Estate

July 5th, 2018- In a continuing tight market, we are seeing 416 condo apartment sale prices rising 9.5% since a year ago, (now $605,530 on average), semis up 1.4%, (to $999,754), and detached home prices down 2.4% to an average price of $1,354,429. The average sale price of a detached home in Central Toronto in June 2018 was $2,164,616. Mortgage rates are set to rise, but they are still very low. Read the full TREB report and for personal real estate advice, contact Andrea Stark, Sales Representative, J&D Division, Royal LePage RE Services Ltd., Brokerage 416-489-2121

Advertisements

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

Toronto Real Estate Home Sales May Be Down From Last Year’s Highs, But There Are Some Price Gains……………………..

May 4, 2018- From a high point in Spring 2017, sales may be down 32% and the average sale price of a detached home down 14.3% (to $1,354,719), but due to demand and low inventory, some homes are currently attracting multiple offers and way over list sale prices. And condo apartments are selling 3.8% higher on average than a year ago (now $601,211). Many buyers plan on buying a property in the GTA, so once the current volatility due to governmental policies like new mortgage rules has settled, we expect sales and prices to pick up even more in the Toronto Real Estate Market. Read TREB’s Market Watch Report and, for personal real estate advice, contact Andrea Stark, Sales Representative, Johnston & Daniel Division, Royal LePage RE Svcs. Ltd., Brokerage 416-489-2121

Toronto Home Market Experiences Slowest March Sales In 10 Years

April 4, 2018- TREB’s March 2018 stats are out today, which show that,  from the average March statistics from the past ten years, the number of home sales is down over 17%, active listings are down 3%, and the average sale price is down 14.3% since last year- for all types of properties- except condo apartments, with sales price increases of over 6% since March 2017. Is it time for you to rightsize to a condo? Or pick one up as an investment? Contact Andrea Stark, Sales Representative, J&D Division of Royal LePage RES Ltd., Brokerage 416-489-2121

J&D Diamond Award Goes To Andrea Stark

February 26, 2018- Andrea Stark was again awarded the Johnston & Daniel Diamond Award for outstanding performance in the Toronto real estate community.  (For the year 2017)

“Thank you to my clients who make my work a pleasure. I honour the trust you put in me and will continue to strive to give you your best possible real estate experience.” Andrea Stark, Sales Representative, J&D Division, Royal LePage R.E. Svcs. Ltd., Brokerage TOrealestate.ca

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

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