Raptors fever has descended upon Toronto!
For the first time in the history of the Raptors franchise, WE THE NORTH are in the NBA finals! GO Raptors Go !!! So back to real estate, as we expected the number of new listings to hit the MLS after the long weekend was innumerable. Buyers were waiting patiently for...
Market Update for May 24th
“WE THE NORTH” - GO RAPTORS! Fingers crossed we make it to the finals! So, the long weekend is over, the weather is improving, and as we have seen year-in and year-out the final push is on for the spring market before we start thinking about heading to the cottage or...
May 2-4 Market Update
As we approach the May 2-4 long weekend, we are crossing our fingers and hoping to get some warm weather so we can start our outdoor activities. Patios sit empty as we wait for sunny days. Wondering if it will ever warm up? But, one thing is for sure the Toronto real...
Market Update for May 10
The Toronto real estate market is here with a bang! It looks like after two years of weak conditions the market is making a comeback. Though it’s off the dizzying heights of 2017, we are seeing a significant ramp-up of new listings and of course the corresponding...
Market Update for April 26
Last week the real estate market took a slight pause while several major religions celebrated their holiest of days all in the same week. With all that behind us and our hopes dashed for a Maple Leafs playoff run, it’s time to concentrate on the task at hand: getting...
Market Update for April 12
You may have read media reports on a call to ban bully (pre-emptive) offers, which means eliminating offers that result in homes being sold ahead of the time and date specified on the listing. These bidding wars seem to be common in Toronto and other competitive urban...
March Market Snapshot
Bosley Real Estate brokerage has released their handy March market snapshot, showcasing the highlights of the GTA real estate market for the last month. You can also download a PDF copy of the file here.
Market Update for April 5th
Bye, bye March! Welcome sunshine, warm weather, spring flowers, and more listings! The March real estate update was released this week and housing sales suggest signs of some stability in Toronto’s market. The market is NOT posting declines in prices and the gains are...
Why Buy Now?
One of my preferred mortgage brokers, Jason Friesen of Outline Financial, has provided a helpful PDF discussing why now is the best time to buy in the GTA real estate market. You can download or view the PDF here. If you want to discuss your specific situation, please...
Market Update, March 22
Is buying a home a dream for first-time buyers? In the new budget out this week the centerpiece of Ottawa’s housing plan is to help first-time buyers with their new zero-interest loans on the following terms: 1. CMHC will offer mortgage loans up to 10% of the purchase...