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

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

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

4 Reasons to List your Home with Harvey Kalles Real Estate Toronto

Veronica Key Sells Homes

2015 Statistics     Harvey Kalles Real Estate Ltd., Brokerage (HKRE) vs. TREB Average   1.  Days on Market                                                                HKRE     26                                                                           TREB      24                  2.  Average Price HKRE     $1,276,000 TREB      $   606,000 HKRE average price is 111% higher than TREB   3.  Sale Price as % of Asking Price HKRE     101.31% TREB       99.89% HKRE sells their listings … 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

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

Flipping Houses – A good Idea? 8 Things to Consider First

Flipping Houses in Toronto

Although this is a Funny Cartoon, most people who have ever owned a home, has probably considered Flipping a Home for what else … A Profit. TV Reality Shows like HGTV makes everything look so easy and all in an hour! However, here are 8 things to consider before getting into the House Flipping Game:

What is Title Insurance in Real Estate all About?

Title Insurance for Toronto Real Estate Properties

Title Insurance …. Does it Matter? Although Title Insurance in Ontario is NOT Mandatory, it is advisable when Buying Real Estate, to get the Facts, Pros & Condos about purchasing Title Insurance on your Property. The main reason to get Title Insurance is to Protect Ownership or Title against losses incurred as a result of undetected or unknown title defects. 

Is there still a Demand for High End Homes Toronto Real Estate Market?

Luxury Homes Mansions and Estates over One Million Dollars

YES! Demand of Homes priced $1M Plus is still High!  In fact, the biggest percentage increase in sales in the higher-end GTA market — up some 72 per cent, were properties over $4 Million in the first half of 2015 over the same period a year ago. Even Toronto’s Luxury Condo Market saw sizable gains, with $1 million-plus condo sales up … Read More

Are Electronic Signatures Legal for Real Estate Agreements?

Land Transfer Tax First Time Home Buyers Ontario Refund

Not available to Personally Sign your Offer? … No Problem!…. Imagine sitting on your Dock and you are in the middle of a transaction to buy and/or sell Real Estate (in Ontario).  You just can’t get to a nearby Real Estate Office in order to sign the documents.  No problem!