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
September 9, 2017- While it is true overall that much of the year over year value gains in real estate had diminished by this summer, condos and demand freehold properties in some neighbourhoods are still attracting multiple offers and over list prices. Like downtown condos, with year over year price increases of 24.4% west of Yonge (C01) and 18.7% east of Yonge (C08). Rising mortgage rates may spur waiting buyers to get back in the market. This Fall will be interesting. Read TREB’s Market Watch report and contact Andrea Stark, Sales Representative, J&D Division of Royal LePage R.E. Svcs. Ltd., Brokerage 416-489-2121
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
June 2nd, 2017- Enclave of executive residences, close to great schools, parks, and shopping including new Whole Foods Market. Super convenient to downtown via Mount Pleasant, Bayview or DVP. $1,395,000. Just imagine the possibilities! For more details, visit TOrealestate.ca– Andrea Stark, Sales Representative, Johnston & Daniel Division, Royal LePage RE Svcs. Ltd, Brokerage. 416-489-2121
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
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
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.