Happy Thanksgiving!

October 12, 2020

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Should We Hold Open Houses?

October 10, 2020

This is the current recommendation from the Ontario Real Estate Association to all of its members: “…the Province has reduced capacity limits for real estate open houses from 50 to 10 people indoors, where physical distancing can be maintained. To be clear, these new restrictions apply to Ottawa, Peel and ...

Quote – Market Conditions Tightened

“On a GTA-wide basis, market conditions tightened in September relative to last year, with sales increasing at a faster pace than new listings. With competition between buyers increasing noticeably, double-digit year-over-year price growth was commonplace throughout the region in September, resulting in the overall average selling price reaching a new ...

Market Watch by the Numbers Infographic

A new record was set for September. Sales were up significantly compared to this time last year thanks to an improving economy and low mortgage rates. Questions? Call/text me at 416-725-3544. Miia #GTArealestate #Torontorealestate #Pickeringrealestate #Ajaxrealestate #Whitbyrealestate #Oshawarealestate #marketupdate #realestateagent ...

Quote: Ground-Oriented Market Segments

October 9, 2020

“Year-over-year sales growth in September continued to be driven by ground-oriented market segments, including detached and semi-detached houses and townhouses. Annual growth rates were also higher for sales reported in the GTA regions surrounding the City of Toronto.” – TRREB Market Watch Report, October 6, 2020 Questions? Call/text me at ...

Average Home Prices by Home Type

We’ve seen a significantly higher supply of listings of condo apartments in the GTA since the pandemic arrived. There has been a flow of people selling their condo apartments and buying low-rise homes. With a greater demand for low-rise homes, year-over-year average home prices increased accordingly. In September, detached homes ...

Quote – Strong Home Sales Moving Forward

“Improving economic conditions and extremely low borrowing costs sustained record-level sales in September, as we continued to account for the substantial amount of pent-up demand that resulted from the spring downturn. Further improvements in the economy, including job growth, would support strong home sales moving forward. However, it will be ...

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

October 8, 2020

Average home prices have been relatively stable over the past couple of months, when aggregating data for all home types. If average home prices follow their “normal” pattern this year, then we can expect a slight increase in prices for October and November, and then a slight dip in prices ...

Average Home Prices: September 2019 to September 2020

Average home prices have been relatively stable over the past couple of months, when aggregating data for all home types. If this curve takes its “normal” path this year, then we can expect a slight increase in prices for October and November, and then a slight dip in prices in ...

Toronto Regional Real Estate Board Releases Monthly Market Watch Report

October 7, 2020

The Toronto Regional Real Estate Board released its monthly Market Watch report on October 6, 2020. . The number of home sales in September 2020 were up by 42.3% compared to a year ago. The average home price was up by 14.0%. . For the full report from the Toronto ...