Bidding Wars

How to Compete and Win in a Bidding War

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Buyers Checklist

Looking to Buy and not sure where to start? We cover all the steps in the Buying process

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Working with a Realtor

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Buying a Condo

The Three Biggest Questions to Consider

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Buying vs Renting

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Toronto Condo Market Reports

  • Toronto Market Report September-October 2017

    Sales Commentary GTA Year-Over-Year Summary for August 2017 A lot of people seem concerned about our real estate market – especially my agents! Yes, the market has been slow since April, and yes prices have backed off in the house but not the condo market. That’s because house prices had an unsustainable run up – not just this spring but over the last three years where we had double digit price increases. In August TREB reported 6357 sales, down 35% from August of last year, but 8% higher than in July. During July, daily sales averaged 191 units. Over the first half of August it was 193, but in the ...

  • Toronto Market Report August-September 2017

    Sales Commentary The market continued its sales decline for the fourth straight month. Sales on TREB were 5,921 units in July, down 40% from last year’s number of 9,929. Historically, sales should be in the nine thousand range. Are we concerned? No – in fact we prefer this market to that of February and March. Back then, the market was driven by irrational behavior which was unsustainable. The current slowdown is psychological. Sellers still want March prices and buyers expect a price correction of 25%. The reality is neither will happen. Prices are down by 15% from their peak but are still 15% higher than a year ago. The question ...