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

What does One Million Dollars Get you in Toronto Real Estate?

440 Glengrove Avenue Toronto

ONE MILLION DOLLARS ~ $1,000,000.00 That is alot of money!  Yet, it seems a common number in Toronto Real Estate terms. The Toronto Real Estate Board (TREB) just released numbers for March 2018 and bottom line, fewer homes were Sold in the GTA in March than last year in March.   The Average Sale Price for a Detached Home in the … Read More

December 2017 TREB Toronto GTA Housing Market House Condo Sale Prices

What a year!  With almost 100K Sales, it was a busy Market! Despite the Government Intervention due to the Extreme Buyer Bidding Wars, the Ontario’s Fair Housing Plan only slowed down the Market for a few months.   The second Government Intervention came into effect on January 1st, 2018 with the New Mortgage (OSFI) Stress Test Guidelines.  Although many Buyers’ Purchasing … Read More

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

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