Posts Tagged toronto real estate market

Toronto Real Estate Sale Prices Higher Than Last Year

June 5, 2017- Sale prices of detached 416 homes rose 17% since a year ago, but have decreased 4.7% since last month. 416 condo apartment prices are up over 27% since a year ago, but down 2.3% from April to May 2017. Active listings went way up in the last two months, but are still low, especially in the condo market. Multiple offers are occurring, although less so. Read TREB’s Market Watch Report here, For more information or advice on the Toronto market, contact Andrea Stark, Sales Representative, Johnston & Daniel Division of Royal LePage R. E. Svcs. Ltd., Brokerage- 416-489-2121

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Toronto Possibly Heading Towards A More Balanced Real Estate Market

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

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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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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

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Nearly 10,000 Sales In July- New TREB Record!

Toronto SitesAugust 21, 2016- Last month was the best July on record for Toronto real estate sales! Inventory continues to tighten and demand to buy here increases. Prices are up, on average, 16.6% from this time last year but low interest rates make it possible for many buyers to afford the prices. The feeling in the industry is that there will be a very strong Fall market. For more information, read the full TREB Market Watch Report here, and contact Andrea Stark, Sales Representative, Royal LePage RES Ltd., J&D Division, Brokerage for personal real estate advice- 416-489-2121

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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

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Toronto Real Estate Sales Up Over 21% This Year

Top3122March 4, 2016- The stats are in. With active listings down 14.8% from this time last year, inventory conditions are even tighter. The average sale price of a detached home in the 416 area is now $1,211,459, which is up 14.9% from last year. 416 condos are selling for $435,579 on average. Buyers need the assistance of a diligent real estate professional more than ever to keep up with this fast-paced market and who have connections to off-market properties. For sellers, yes most properties will sell, but a smart, experienced REALTOR can maximize your profit and help make your transition seamless. Read the full TREB monthly report and visit TOrealestate.ca– Andrea Stark, Sales Representative, Royal LePage RES Ltd, Johnston & Daniel Division, Brokerage 416-489-2121

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