The spring market is well under way. Sales for March and the First Quarter on the Toronto Real Estate Board were an all-time record. Sales in March were up by 16% over March of 2015. For those wondering if these sales numbers are sustainable, just look back nine years ago to the previous peak and you can see that sales per 100,000 population are LOWER today than in 2007. However we do preach a word of caution. There is some ‘froth’ to this market and it is not related to the condo segment. Instead we would be concerned with the ...
2016 April Market Report
April 28, 2016
MONTHLY RESALE HOUSING FIGURES TORONTO
February 9, 2016
GTA REALTORS® RELEASE MONTHLY RESALE HOUSING FIGURES TORONTO, February 3, 2016 – Toronto Real Estate Board President Mark McLean announced Greater Toronto Area REALTORS® reported 4,672 residential transactions through TREB’s MLS® System in January 2016. This result represented an 8.2 per cent increase compared to January 2015. “It is clear that the handoff from 2015 to 2016 was a strong one. This is not surprising given that recent polling conducted for TREB by Ipsos suggested 12 per cent of GTA households were seriously considering the purchase of a home in 2016. Buying intentions are strong for this year as households ...
January 2016 Market Forecast
February 2, 2016
January 2016 Market Forecast In Review Most experts got last year’s forecast for Toronto real estate correct: that there would be no slowdown in sales or prices. But we were the only one to call for a record sales year for TREB and for a growing imbalance in sales between 905 and 416 areas. For 2016, CMHC and all the big banks are calling for lower sales and a slowing of price increases to zero or just the rate of inflation. In fact CMHC says that TREB sales will fall to 87,500 units by 2017 – a 13% decrease. The ...
Muhammad Hussain Presents Lighthouse Condos on Queens Quay West
October 7, 2015
Muhammad Hussain Broker of Remax Condos Plus Present New water front condominium LightHouse Condominium Tower by Daniels Coporation. Great Floor Plans and Prices are starting fron $248,900. First time 3 bedroom suites starting from $942900, GET IN AT THE BEGINNING AND REAP THE BENEFITS OF THIS EXCITING WATERFRONT REVITALIZATION THAT’S GOING TO CHANGE THE LIVES OF EVERYONE WHO WILL BE LIVING HERE. LOOK forward to an extraordinary, arts-inspired, waterfront lifestyle that is rich in amenities and conveniences. Be inspired by the best things in life…at Daniels Waterfront - City of the Arts. Get acquainted with your closest neighbours, such as Sugar Beach, herbourne Common ...
Sonic Condominium at Donmills & Eglington
September 30, 2015
Sonic Condos Get Benefit From Platinium Broker Call Now for more Details Location - Steps from the S.E. corner of Eglinton and Don Mills Phase 1 - 28 storey tower with a 3 storey podium / 320 suites Park: thoughtfully landscaped, includes a walking path, exercise equipment, children's play area, water feature and multiple seating areas. Interior: concierge, meeting room, games room, guest suite, screening/ music room, hobby room, fitness centre, yoga studio, steam rooms, dining room, catering kitchen, party rooms, lounges, pet spa.Podium Rooftop: barbeques, dining lounge, fire pit, cabanas, sunning lounge. Close to the Shops at Don ...
Rental Report By Muhammad
September 14, 2015
Rental Market Report July/August 2015 July 22, 2015 This chart plots the average rental price by unit type with the previous year's second quarter for comparison What's the rental market in Toronto like this summer? We are now in the peak season for rentals. The studio unit now averages $1400 per month and around University of Toronto, the number approaches $1500. The biggest market is for one bedroom units. The entry point remains at $1600 without parking. The most popular unit is the one plus den with parking at $1900 per month. More and more renters are trying to convert ...
Market Report August-September 2015
September 10, 2015
Market Report August-September 2015 Sales Summary Sales in July on the Toronto Real Estate Board were a record for the month at 9900 units – up 8% from July of last year. These numbers were achieved with the Pan Am Games occupying two of the weeks, which is even more remarkable. But before we get too carried away, we need to remember that these sales numbers were down by 17% from June; a clear indication that this business is seasonal. August numbers are usually lower than July’s before we experience a pick up for September and October. That is our ...