November, let’s take a look… Last month saw a 14.7% drop in the number of sales as compared to November 2017, an expected result given January 2018 was about to kick off another new mortgage stress test and buyers were rushing to beat the new benchmark. November ’18 listings were down year over year, … More Eleven
Okay, August isn’t necessarily the dog days I just can’t pass up dog references. Last summer we were still finding our footing after the spring ’17 market shift following the provincial government intervention, sales had dropped, prices started to pull back; given the perpetual demand for housing in the city it’s not surprising to … More The Dog Days
November sales stats are in—November ’16 as compared to November ’15 We’re looking at the 416 and 905 regions per the Toronto Real Estate Board. To break it down further: Detached homes: Sales +13.4%, Prices +27.6% Average Price $1.058million Semi-detached: Sales +6.3%, Prices +19.8% Average Price $720,815 Townhouse: Sales +15.2%, Prices +23.7% Average Price $598,432 Condo: … More November: Scorpio or Sagittarius? More to the Point…Buyer or Seller?