Market Update for January 29th
Have you heard? The Toronto spring real estate market is underway and it's picking up steam at an uncomfortable pace. Several significant home sales with multiple offers and plenty of “bully offers” are flaring up in some hot pockets of the city and the surrounding...
Market Update for Jan 22
Toronto’s vacancy rate on apartments hit 5.7% in the fourth quarter of 2020, the highest level the city has recorded in 50 years, after nearly a decade of being under 2%. As the pandemic pushed tenants outside the core of the city, the vacancy rate in the 905 areas...
Market Update for January 15th
Despite the pandemic, Canadians continue to remain optimistic when it comes to the future and their finances. Many Canadians remain confident in their ability to save and continue to aspire to make their dream of owning a home a reality. This from a poll this week...
Market Update for January 8th
Toronto’s real estate market ended 2020 with a bang, as a December home-buying spree helped to push the average selling price to a record high of $929,699. After a steep drop in the spring due to the pandemic, the market took off in the second half of the year. The...
December Market Snapshots
Bosley Real Estate has released the latest snapshots of the December real estate market, highlighting the trends and patterns in the City of Toronto and the Greater Toronto Area. The December snapshot for the City of Toronto: The December snapshot for the Greater...
Market Insight, December 11
November brought a sense of urgency to the Toronto real estate market, where Covid has people buying and selling homes for completely different reasons than before the pandemic. Data from the Toronto Regional Real Estate Board showed that November home sales in the...
November Market Snapshot
As the whirlwind of 2020 draws to a close, Bosley Real Estate has crunched the numbers and provided us a handy infographic of the state of the local November market. The City of Toronto Market Snapshot: The Greater Toronto Area Market Snapshot:
Market Update – Nov 20
Toronto Condo Prices Down 9% from Peak - Recent news articles about Toronto’s condo market range from pessimistic to optimistic leaving many wondering what exactly is happening. In early October condo listings surged 215% in downtown Toronto, while a couple of weeks...
Market Update for the Week of October 23
With the high stakes of the upcoming US presidential election on November 3rd, people are getting nervous about what they will be waking up to. If you’ve been holding off purchasing property or investing until after the election because of the uncertainty, here is...
Market Update, October 16th
Fleeing the city? It may be cheaper to buy a home in the “burbs” but have you stopped to think about some of the extra costs? Property taxes are a good place to start. Toronto and Vancouver, the country’s two most expensive housing markets: they’re both property tax...