According to an article published in the Financial Post this week the mid-month numbers for the first two weeks of the month are exceptionally strong and show no signs of a slow down in the Toronto market. During the first two week period Toronto saw a 35% increase in the…
Sold! 231 Fort York 1407
July 19, 2011 by Leave a Comment
Congratulations to my client on the sale of his 1 bedroom + den condo. This fabulous waterfront suite is upgraded with granite counter tops in both the kitchen and bathroom, hardwood floors, mirrored closets, and a lovely ceramic floor in the foyer and kitchen. The unit is bright and sunny…
Canadian Home Sales Pick Up in June
July 15, 2011 by Leave a Comment
According to statistics released today by The Canadian Real Estate Association (CREA), home sales activity over MLS® Systems of Canadian real estate Boards climbed in June 2011 compared to May. Highlights: Sales activity climbed from May to June, with a big year-over-year gain reflecting falling demand in June 2010. Year-to-date…
Analysis: Condo boom may avoid crash on demographics
July 12, 2011 by Leave a Comment
Check out the article below from Reuters Canada regarding condominiums and demographics helping to avoid a market crash in that sector. Mon Jul 11, 2011 TORONTO (Reuters) – Canada’s booming condominium market, which has filled the skylines of its biggest cities with cranes and prompted a warning from its central…
For Sale! 215 Fort York Penthouse 3704
July 11, 2011 by Leave a Comment
This never been lived in, brand new luxury penthouse located at WaterPark City, in the Fort York area, has an amazing panoramic view south of the lake, north to the city and west to Niagara. The southern view is even protected by city green space so it won’t ever be…
In The News: Canada new home prices beat estimates in May
July 8, 2011 by Leave a Comment
Canada new home prices beat estimates in May Financial Post Jul 7, 2011 OTTAWA — New home prices rose 0.4% in May, following a 0.3% gain in the previous month, Statistics Canada said Thursday. Economists had expected prices to rise by 0.2% for the month. The federal agency said the…
Market Watch: Toronto Sales and Prices both rise in June
July 6, 2011 by Leave a Comment
Greater Toronto Realtors report on June Resale Market Greater Toronto Realtors reported 10,230 home sales through the Toronto MLS® system in June 2011 – up 21 per cent compared to June 2010. This number represented the third best June result on record behind 2007 and 2009. The number of transactions…
Sold! 2727 Yonge 2 bedroom + den
July 4, 2011 by Leave a Comment
Congratulations to my clients on the purchase of their condo. This Lawrence Park suite has two bedrooms, a den, two bathrooms and a large private terrace. The building boasts great amenities including a roof top patio with a barbecue, exercise room, guest suites, indoor salt water pool and a sauna….
Know Your Neighbourhood: Wellbeing Toronto
June 30, 2011 by Leave a Comment
Location, location, location! When purchasing a new home this is one of the more obvious factors to consider and perhaps the most important. Buyers should be aware of the locations they are looking at in regards to factors such as: crime rate, quality of education, social housing, health care facilities,…
TREB: Listings dwindle, boosting prices
June 28, 2011 by Leave a Comment
The article below was published this week by the National Post, check out TREBs take on what is happening in the Toronto Real Estate Market. TREB: Listings dwindle, boosting prices Greater Toronto Realtors reported interesting results this past April. Deals were completed on 9,041 homes, representing a 17% decline compared…