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July Market Snapshots
Bosley Real Estate has released their latest market snapshots for the month of July, 2020. While we're finally digging out way out of the pandemic, real estate markets continue to show growth as normalcy returns. The market snapshot for the City of Toronto: The market...
Market Update for July 31
Toronto new condo sales fell to their lowest level as developers stopped launching projects when Covid shuttered the economy and slowed home building. There were only 1,385 new condo sales in April, May and June, the weakest activity since 2009 when the U.S. housing...
July 24th Market Update
The Ontario government has lifted the ban on public open houses effective today in regions entering Stage 3 and Toronto is expected to follow suit by the end of the month. But is this such a good idea? Will sellers allow them? And will buyers attend? And what about...
July 17 Market Update – Survey Edition
The Ontario Real Estate Association (OREA) recently retained Nanos Research to do a survey among Ontarians actively in the real estate market. The takeaway was that despite economic uncertainty due to the pandemic, homeownership is seen as a good investment. Here are...
July 10 Market Updates
Toronto home sales rebounded in June, with the average selling price up 12% from the same month last year to $1,022,138. (first time we have surpassed $1 million) For the GTA region, the average price of a home hit $930,869 also up 12%. Competition is heating up again...
June Market Snapshots
At long last, our COVID restrictions have begun to lift and the real estate market is bouncing back. Bosley Real Estate has released the latest market snapshots covering the City of Toronto and the GTA for the month of June, and things are looking sunny! The June...
Market Update for June 19
As with each passing year, 2018 was filled with its fair share of ups and downs. As we move forward into 2019, what will be in store for the real estate market in the GTA? Will there be calm and chaos? The big question now is how much will interest rates rise and will...
June 12 Market Update
Open houses have been suspended throughout the COVID-19 pandemic and while real estate services were declared essential and have continued uninterrupted, agents have innovating methods for home-showings like Facebook Live, 3-D video tours, Zoom and a good portion of...
June 5 Market Update
Home sales are showing signs of improvement in the Toronto real estate market, but economists say it's far too early to feel optimistic about the possibility of recovery from the devastating effects of COVID-19. Activity in the region improved in May compared with...
May Market Snapshots
Bosley Real Estate has released the latest market snapshots for the month of May 2020. While numbers are still down vs last year due to the COVID-19 pandemic, we're finally starting to see a return towards normalcy as the Toronto area wakes back up. The May 2020...