Sept 2018 TREB Toronto GTA Housing and Condo Sale Prices Real Estate Market

Harvey Kalles Real Estate 12 Monteith

FALL / AUTUMN TREB NUMBERS – SEPTEMBER 2018 Even though the Weather is Cooling down here in Toronto, the Real Estate Market is warming up!  Year over Year, there was a 1.9% gain with the number of transactions and the Average Sales Price of $796,786 was up 2.9% from the same period last year.  Across the Board, the Average Sales … Read More

April 2018 TREB Toronto GTA House Condo Sale Prices Real Estate Market

Veronica Key Forget Me Not!

May 2018 – Spring has Finally Sprung! Finally!  Spring has Sprung!  The Sun is Shining, and the Flowers are starting to Bloom, especially my Favorite Flower – Forget-me-Nots. It seems when Spring is in the Air, everything comes out of Hibernation, the Birds, the Flowers, Trees start to Bud, as well as, the Real Estate Market.  TREB announced the April numbers … Read More

New Non-Insured Mortgage Rules OSFI January 2018

Non-Insured Mortgages

New Mortgage Rules come into effect January 1st, 2018Thinking of Making a Move? Click here to Start your HOME SEARCH NOW Click here for your FREE NO OBLIGATION HOME Evaluation Would you like to read Harvey Kalles latest ‘Collection’ Magazine? Click here to Read online

How to Fight City Hall Land Transfer Tax Hike

City of Toronto Land Transfer Tax

The Toronto Real Estate Board (TREB) and the Ontario Real Estate Association (OREA) are fighting a City of Toronto proposal that would increase land transfer taxes on homebuyers. TREB has launched a website to shed light on the proposed changes, which it says could add thousands of dollars in upfront tax for some home buyers. TREB also released the results of … Read More

October 2016 New Mortgage Rules Toronto and GTA Average Sale Price Market

September 2016 News Harvey Kalles Real Estate Toronto New Mortgage Rules

October 2016 New Mortgage Rules in effect With the new Release of Mortgage Rules effective October 17th this year, the Federal Government is merely being conservative in Buyers now having to qualify for a Mortgage based on Bank’s Posted 5 year fixed rate of 4.5% instead of the Bank’s Discounted rate of $2.5%.  This is to make sure that applicants can … Read More

The Trump Tower – Up For Sale?

Trump Tower Toronto For Sale

  Toronto’s Trump Tower is up for sale and has wooed at least one potential buyer. Symon Zucker, lawyer for Talon International, which developed the Trump Tower project and still holds a majority of the condos and hotel suites in the building, confirmed an offer has been made through a letter of intent. He would not name the interested buyer … Read More

Why should I Have a Buyer Agent?

First Time Buyer Land Transfer Tax Rebate

How does a Buyer Agent Represent you?   Here are a few reasons why you should have a Buyer Agent representing you and your family:   –    There is no Fee involved for you the Buyer having a Buyer Agent represent you.   –    The Agent will be able to give you full listing information, including Offer dates and any other … Read More

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

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