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January Market Snapshots
The first month of 2020 is behind us, and Bosley Real Estate has released its market snapshot statistics to help you get a sense of which way the year is unfolding. As usual, they cover both City of Toronto and the Greater Toronto Area. The January 2020 Market...
Wanted! Week of Jan 31
The desperately low inventory of properties for sale is responsible for the intense competition going on. Buyers fear that prices will escalate even more if they wait. Example 1: A property in Brampton gets an astounding 77 bidders for a rundown detached house and...
Market Update for Jan 24
Is it safe to say that the Toronto real estate market is moving into uncharted waters these days? The go-to response to the steady increase in prices has been the lack of listings, high demand, and low borrowing costs. Are we seeing a flashback to early 2017? What has...
Market Update for Jan 17th
It was sort of a flat week for real estate. It seems buyers and sellers are waiting for the market to “show its colours.” Agents are eager to start showing properties but our research indicates that listings in both the freehold and condo sector have backed off...
Market Update for Jan 10th
Happy New Year! A new year and new decade begins. Let’s sum up the real estate market for 2019. • GTA realtors reported 87,825 sales through TREB’s MLS system — up 12.6% compared to 78,015 for 2018 - the decade low. • New listings entered into the MLS system (153,000)...
December Market Snapshots
Bosley Real Estate has published the final market snapshot for the year 2019. As usual, they provide a snapshot that's zoomed in to the City of Toronto and one that covers the Greater Toronto Area as a whole. The December market snapshot for the City of Toronto: The...
December 13 Market Update
All quiet on the home front? Well, listings are dwindling but buyers are still out there. We had a listing out of our office this week and there were 179 booked showings and yesterday it received 19 offers. Will this continue and what will it be like in 2020? Will the...
Market Update for Dec. 6th
The November stats were released from the Toronto Real Estate Board this week and for the City of Toronto, the average sale price was up an astounding 8% to $910,419 from November 2018. On a GTA-wide basis, sales were up year-over-year for all market areas with a...
November Market Snapshots
With the start of the last month of 2019, Bosley Real Estate has released their latest helpful infographics about the Toronto and GTA real estate markets. The City of Toronto Snapshot: The Greater Toronto Area market snapshot:
Market Update for November 8
The Toronto Real Estate Board released the market stats for the month of October and all we can say is we are UP! October continued the string of strong performances. Beginning in the spring the Toronto and GTA market have shown month per month growth in sales and...