Wanted! Week of Jan 31

Wanted! Week of Jan 31

The desperately low inventory of properties for sale is responsible for the intense competition going on. Buyers fear that prices will escalate even more if they wait. Example 1: A property in Brampton gets an astounding 77 bidders for a rundown detached house and...

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Market Update for Jan 24

Market Update for Jan 24

Is it safe to say that the Toronto real estate market is moving into uncharted waters these days? The go-to response to the steady increase in prices has been the lack of listings, high demand, and low borrowing costs. Are we seeing a flashback to early 2017? What has...

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Market Update for Jan 10th

Market Update for Jan 10th

Happy New Year! A new year and new decade begins. Let’s sum up the real estate market for 2019. • GTA realtors reported 87,825 sales through TREB’s MLS system — up 12.6% compared to 78,015 for 2018 - the decade low. • New listings entered into the MLS system (153,000)...

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December 13 Market Update

December 13 Market Update

All quiet on the home front? Well, listings are dwindling but buyers are still out there. We had a listing out of our office this week and there were 179 booked showings and yesterday it received 19 offers. Will this continue and what will it be like in 2020? Will the...

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