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Wanted! Week of Jan 31

by | Jan 31, 2020 | Market Updates

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...

Market Update for Jan 24

by | Jan 24, 2020 | Market Updates

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...

Market Update for Jan 17th

by | Jan 17, 2020 | Market Updates

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...

Market Update for Jan 10th

by | Jan 10, 2020 | Market Updates

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...

December 13 Market Update

by | Dec 13, 2019 | Market Updates

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...