TOrealestate

Toronto Real Estate Prices Still Strong

Aug 6, 2017- Don’t let sensational headlines sway you- the Toronto real estate market may not have seen increases in the last few months, but hey- it is summer. And prices were increasing at a rapid rate. TREB’s Market Watch Report shows that year to date average sale prices of all home types have increased 17.3% from this time last year. Still a large gain. So if you are considering buying, don’t sit on the fence- with mortgage rates rising and lending rules tightening, buy now. Thinking of selling? Don’t wait. There is pent up demand for good properties and lending practices will make it more and more difficult for buyers to be able to borrow. Now is the time. Andrea Stark, Sales Representative, J&D 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 Board Reports Record Sales

web-res-62_gwendolen_ave-exterior-001November 4th, 2016- October 2016 home sales were up 11.5% over October 2015. New listings were up slightly, (less than 1%), so it remains a seller’s market and very difficult to find properties for would-be buyers. The average selling price of a detached property in Central Toronto is now $2,086,362 and a condominium apartment is now $508,617. Read the full Market Watch Report here and contact Andrea Stark, Sales Representative, CNE, SRES, Johnston & Daniel- Division of Royal LePage R.E. Svcs. Ltd- For personal, professional real estate assistance- TOrealestate.ca

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

2016 Toronto Real Estate Spring Market Is Already In Full Swing

2016_JAN_Market Stats JDFebruary 5, 2016- The Toronto Real Estate Board monthly statistics are out- the average sale price in Toronto is up over 14% from this time last year. The average sale price of a detached home in 416 is $1,061,247 and $1,687,247 in Central Toronto. The average condominium apartment sold for $469,723 in Central Toronto. There is no end in sight to this strong real estate market in Toronto. Read the full TREB report and visit TOrealestate.caAndrea Stark, Sales Representative, Royal LePage/ J&D Division, Brokerage 416-489-2121

Toronto Real Estate Board Reports Record Month Of September 2015

OntarioAutumnOctober 5, 2015- TREB reports the average selling price of a detached home in Toronto is up 10.7% from this time last year to $1,053,871. Condo prices are up 5.6% to an average sale price of $418,603. With variable rate mortgages under 2% and five year mortgages around 2.5%, acquiring real estate and home ownership continue to be achievable- even with the ever increasing demand. Read the TREB Market Watch report, Oct 5, 2015, published today, and visit Andrea Stark, Sales Representative, Royal LePage R.E. Services, Ltd., J&D Division, Brokerage, 416-489-2121

Toronto Real Estate Market Sizzling All Summer

Toronto2015September 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