October 2017 TREB Toronto GTA Housing Market House Condo Sale Prices

Harvey Kalles is Everywhere

It’s so hard to believe that November is already here!  What a ride the Real Estate Market had this year! The TREB numbers are in for October 2017. Average Single-Detached Home in Toronto $1,287,765 and a Condo $555,004. As prices stabilize and more listings enter the market, Buyers are re-entering into the Housing Market. Condos are still in Demand, and … Read More

October 2017 Key News

      2017 Just a little FALL-O-UP with what’s happening in the Real Estate Market …. Toronto is a World Class City and ranks Higher than Vancouver, or any other City in the World when it comes to living and doing business. Because of this fact, we are seeing many high paying opportunities which equates to high-priced home affordability. … Read More

AUGUST 2017 TREB Toronto Real Estate Housing Market News

Harvey Kalles September 2017 Luxury Properties

Cooler September 2017 Real Estate News  August 2017 The Average Sale Price of Homes in the City of Toronto For more Detailed Information, Read Harvey Kalles Monthly Real Estate News for September 2017 below: Thinking of Making a Move? Click here to Start your HOME SEARCH NOW Click here for your FREE NO OBLIGATION HOME Evaluation

JULY 2017 TREB Toronto Real Estate Housing Market News

Mansion Pool - Harvey Kalles Properties

Happy Summer 2017!  August Real Estate News      Hot. Warm. Cool. Sun. Rain. Cloudy.  What a Summer we are having!  The quick changes in weather are like the quick-paced changes that we are experiencing in this Real Estate Market …. Hot. Warm. Cool. Slow…. We’ve had it all so far this year, but these shifts in the market are … Read More

Foreign Buyer 15 Percent Ontario Tax Explained Answers to Questions

Ontario Fair Housing Plan

Mr. Stephen Shub a well known Real Estate Lawyer came into our Harvey Kalles Office to tell us about ‘Foreign Buyers’.  Here is his handout, along with quizzes. The Answers are at the very bottom. ANSWERS: No Yes No No Yes Yes Yes No No Yes and No Yes Must pay the whole 15% tax Yes No (a) True (b) True … 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

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

TORONTO GTA REAL ESTATE MARKET HOUSE SALE PRICES APRIL 2016

GTA Toronto House Prices June 2017

APRIL – 2016 Same Problem – LOW INVENTORY This Heated Housing Market is showing little signs of slowing down.  There are Fewer Listings and Multiple Buyers wanting to bid on Homes that are Available For Sale. Detached and Semi-Detached Prices keep climbing especially in Toronto.  However, Condo Sales were up 17.4% over last year, which is a strong indicator of … 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

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