Toronto Luxury Home Real Estate Market to ‘Defy Gravity’ this Spring!

Luxury House Market Toronto Real Estate

Low Inventory and High Demand from Domestic and International Buyers, is Driving up the High-End Luxury Real Estate Housing Market     A report says sales of homes worth $1 million or more heated up in Toronto and Vancouver last year as the low loonie fuelled demand from foreign buyers and this phenomenon is continuing this year.  (Sean Kilpatrick / CP)   Toronto and Vancouver will … Read More

REAL ESTATE MARKET HOUSE SALE PRICES – TORONTO – MARCH 2016

New Mortgage Rules 2018

MARCH – Third Month into 2016 Same Problem – LOW INVENTORY Although February’s Weather was Cold, the Housing Market is HOT! February 2015 – February 2016 Up 21.1% Average Toronto Price of Homes: Detached                   $1,211,459 Semi-Detached        $  848,835 Condos                     … Read More

How do Real Estate Referral Fees and Compensations work?

Real Estate Referral Fees

Referral fees This bulletin deals with the topic of receiving and/or paying referral fees to third parties who may not be directly involved in a real estate transaction. Depending on the specific situation, this may not be permitted under the Real Estate and Business Brokers Act, 2002 (REBBA 2002) and in other situations written disclosure may be required. It’s important … Read More

Where to Find a Home in Toronto Under $500K?

33 Candle Liteway Sold

A Home under $500K in Toronto?  Where? The Market is on FIRE!  Especially Properties Listed under $500K! Properties Listed UNDER $500K in Toronto creates a better affordability for First-Time Buyers.   One such Property recently Sold.  A Beautifully Maintained End-Unit Condo Townhome with Attached Garage had 4 Offers and went $114% OVER the List Price. Where can you can get a Fully … Read More

Real Estate Market in Ontario – OREA – January 2016

Insights - Real Estate in Ontario - OREA

OREA – Insights into Real Estate in Ontario Ontario Home Sales remain Very Strong in January 2016 Highlights: •  Residential sales up 4.9% in January 2016 compared to a year earlier. • New listings in Ontario numbered 21,405 units in January 2016, a decline of 10.6% compared to last year. • The provincial average price of homes in January 2016 … Read More

FEBRUARY 2016 REAL ESTATE HOUSE PRICES – GTA – TORONTO

New Mortgage Rules 2018

FEBRUARY – Second Month into 2016 Same Problem – LOW INVENTORY  Average GTA Property Selling Price $631,092.00 Average Toronto Price of Homes: Detached                   $1,061,789.00 Semi-Detached        $  713,972.00 Condos                       $  416,104.00       Click here to Start your … Read More

JANUARY 2016 – Report on 2015 REAL ESTATE HOUSE PRICES – GTA TORONTO

New Mortgage Rules 2018

JANUARY 2016 – Marks a Brand New Year but, with the Same Problem – LOW INVENTORY 2015 – Average GTA Property Selling Price $622,217.00 2015 – Average ‘416’ Selling Price $1,047,483.00 2015 – Average Toronto Price of Homes: Detached               $1,039,638.00 Semi-Detached    $   625,496.00  Condos                  $ … Read More

11 York Road Hoggs Hollow Toronto Sold Harvey Kalles Listing

11 York Road Sold Hoggs Hollow Toronto Real Estate

Gorgeous Renovated Hoggs Hollow Home Sells to Neighbour! This stunning Home in Hoggs Hollow in an Exclusive Neighbourhood in Toronto (South of York Mills Road / West of Yonge Street) was bought to be completely Renovated by Shane Baghai.  The Homeowners moved out during the Renovations and when they were done, the Owners got a job Transfer and had to sell … Read More

Toronto House Prices Will Not Crash in 2016

Sold Veronica Key Broker Toronto Real Estate

The Naysayers insist the bubble has to burst sometime, but No signs indicate it’ll happen this year. After the Greater Toronto Area’s record year in 2015 for both the number of homes sold and the average price, the question is: when will it all come crashing down? The answer: not in 2016. Here are five reasons why this won’t be … Read More

What’s Happening in the Toronto Real Estate Market November 2015?

November 2015 TREB Sales Prices GTA

The GTA Real Estate Market had another Record Month for Sales November 2015!   The Toronto Real Estate Market Sold more Homes in 2015 – hitting 100,000 Sales by year’s end, than any other YEAR on Record!  And this trend is expected to continue into 2016!  $632,685.00 Average Sales Price for November 2015 within the GTA (Greater Toronto Area) The Average Sales … Read More

November 2015 Sales GTA TREB

Market Value List Price Home Toronto Real Estate

Record Sales in November 2015! December 3, 2015 — Toronto Real Estate Board President Mark McLean announced that Greater Toronto Area REALTORS® reported 7,385 home sales through TREB’s MLS® System in November 2015 – up by 14 per cent compared to November 2014. This result also represented the best result on record for the month of November. Sales through the first … Read More

How did the Big Banks react to Bank of Canada holding key Interest Rate?

Bank of Canada Interest Rates

By: Josh Sherman | DECEMBER 2, 2015 buzzbuzzhome.com Here’s how the Big Banks reacted to the Bank of Canada holding the key Interest Rate In its final scheduled interest rate announcement of the year, the Bank of Canada has once again held the key rate at 0.5 per cent. The central bank had previously cut the rate by 0.25 basis points … Read More