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

Veronica TREB Stats June 2018

Happy June 2018! Hot Hot Hot! July is our Summer Month here in Toronto and it’s been as Hot as the Market.  For the first time since March 2017, total homes sales were up year over year with a 2.4% increase. The largest portion of sales came from Condo Buyers!  TREB announced the June 2018 numbers, and the Average Sales … Read More

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

May 2018 TREB Stats Toronto GTA Real Estate

Happy June 2018! It’s finally June and the Market is Heating up just like the Weather!    TREB announced the May 2018 numbers, and the Average Sales Price across the GTA was $805,320 and May has now been the sixth consecutive month of Rising Real Estate Prices! The Average Sales Price for a Detached Home in the GTA was $1,045,553 … Read More

Toronto and GTA Average Sale Price – December 2016 Real Estate News

Harvey Kalles Real Estate Dec. 2016

DECEMBER 2016 REAL ESTATE MARKET NEWS High Demand and Low Inventory Demand for Home Ownership remains Strong.  Stricter Lending Rules are not deterring Buyers.  The Market is not Slowing Down.  Prices are Rising – Still.  Inventory is Low.  Record Sales in one calendar year has been set.  Condo Market exploding.  Toronto is a Great City.  Clean City. Diversified City.  A Place you want … 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

What is happening with the Housing Market Greater Toronto Area? CREA Predicts 2016

CREA Predictions for 2016

More “strong price gains” expected for Greater Toronto Area housing market this year Housing markets in Ontario and British Columbia have been hot out of the gates in 2016, which has the Canadian Real Estate Association updating its predictions for residential real estate this year. The trade association is now saying 2016 will be yet another year of “strong price gains,” … 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