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
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
March 6, 2017- No wonder the competition is fierce for property in Toronto- not enough product for all the interested buyers! The average selling price is up 27.7% from this time last year- detached houses in 416 are selling for $1,573,622 and a condo apartment is selling for $515,424 on average. Read the full TREB Market Watch report and contact Andrea Stark, Sales Representative, Johnston & Daniel Division, Royal LePage Real Estate Services, Ltd., Brokerage 416-489-2121 for winning strategies in this tricky market, for personal award-winning service, and over 24 years of experience selling Toronto homes.
July 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
June 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
September 7, 2015- The average sale price of a detached home in the 416 area has increased 12.9% year over year and the average condo has increased 9.5%. For example, the average detached home in Toronto is $1,017,653 and in Central Toronto a whopping $1,701,332. The average condo apartment in Central Toronto is now $456,747. Inventory is down a further 10.5% from this time last year, which is keeping demand very high and therefore prices. Read the whole TREB Market Watch Report or for more information, contact Andrea Stark, Sales Representative, Royal LePage Real Estate Services, Ltd., J&D Division, Brokerage- 416-489-2121
May 7, 2014- The Toronto Real Estate Board just released the April 2014 figures which show that the average selling price of homes in Toronto is over 10.1% from this time last year. The biggest reason is continued low listing inventory with freehold properties and townhouses driving the market more than condominium apartment units. Read the full stats for yourself. Andrea Stark, Sales Representative