Average Home Prices – Toronto, Pickering, Ajax, Whitby, Oshawa

December 16, 2021

Average home prices were up by over 30% year-over-year for Pickering (+33.2%), Ajax (+31.9%), Whitby (+31.2%) and Oshawa (+36.9%) in November 2021 compared to November 2020. The average home price for Toronto is relatively more affected by the condo apartment market since it has more of this type of home ...

Thinking of Downsizing? This May be a Good Time

November 25, 2021

“On an annual basis, detached price growth of nearly 29% in September was more than double that of condo apartments at under 12%. The price differential between the two housing types at $818K in September represented a record high, growing by 81% (+$367K) compared to two years earlier.” . Source: ...

Quote: Tight Market Conditions and Economic Recovery

November 18, 2021

“The tight market conditions across all market segments and areas of the GTA is testament to the broadening scope of economic recovery in the region and household confidence that this recovery will continue. A key part of future economic development in the GTA will be the ability to provide adequate ...

Average Home Prices – Toronto, Pickering, Ajax, Whitby and Oshawa

November 11, 2021

Average home prices in Toronto, Pickering, Ajax and Whitby continue to compete for “first place”, as month-to-month one surpasses another only to be overtaken again. Toronto came out with the highest average home price in October. For Toronto, this is partly due to the continuing recovery of the condo apartment ...

Quote: …”Demand isn’t going away.”

November 6, 2021

“ “The only sustainable way to address housing affordability in the GTA is to deal with the persistent mismatch between demand and supply. Demand isn’t going away. And that’s why all three levels of government need to focus on supply. The federal government has stated that collaboration with provinces and ...

GTA REALTORS® Release October Statistics

“GTA REALTORS® Release October Statistics: TORONTO, ONTARIO, November 3, 2021 – Home sales in the Greater Toronto Area (GTA) reached the second-highest level on record for the month of October. However, the inventory of homes for sale did not keep up with demand. The number of new listings was down ...

At What Price Will That Home Sell?

November 5, 2021

In a market in which homes are selling for hundreds of thousands of dollars above the asking prices, how is anyone supposed to anticipate the selling price of a home? In this blog post I explain how I form my opinion about a selling price, and how the process often ...

A Day in the Life… with Ryan Serhant

October 27, 2021

*Celeb Spotting* A group of us at my brokerage, Royal LePage Signature Realty, just completed a 6-week training course provided by Ryan Serhant, a celebrity Realtor® and broker in New York. Today Ryan joined us for our last Zoom meeting discussion and told us a about a few of his ...

Behind the Camera – Working From Home

October 20, 2021

This is what today’s working-from-home training seminar looked like behind the camera. Today members of Royal LePage Signature discussed working with sellers in today’s market. In a hot market like this, the discussion can get pretty deep. Questions? Call/text: 416-725-3544 Email: miiakellyrealestate@gmail.com Miia #GTArealestate #Torontorealestate #Pickeringrealestate #Ajaxrealestate #Whitbyrealestate #Oshawarealestate #marketupdate ...

Quote – Price Growth Driven by Low-Rise Market Segments

October 13, 2021

“Price growth in September continued to be driven by the low-rise market segments, including detached and semi-detached houses and townhouses. However, competition between buyers for condo apartments has picked up markedly over the past year, which has led to an acceleration in price growth over the past few months as ...