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Toronto Life's Next Hot Neighbourhoods list

Wednesday Oct 18th, 2017

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I received the new Toronto Life in my mailbox yesterday. I'm sure you'll see more online about this soon, as they tend to bleed the magazine's content out over the course of the month. (Update: story is now posted). So of course I read the Next Hot Neighbourhoods cover story with interest. In prior years they did a "Where To Buy Now" and it was typically 10 neighourhoods in the 416 (12 in 2015). This year they have expanded it to 20... [read more]

Which Toronto neighbourhoods had the largest price changes in 2016?

Wednesday Feb 22nd, 2017

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Pricey Central neighbourhoods in the north part of the city dominated  For this first of a three part series I compiled and analyzed Toronto Real Estate Board ("TREB") data from more than 24,000 sales of detached houses in 2015 and 2016 to calculate the year-over-year price change by neighbourhood. Last year featured strong demand and extremely low inventory of re-sale houses and condos leading to intense competition. Multiple offer situations and... [read more]

Toronto's most and least expensive neighbourhoods in 2016

Thursday Feb 23rd, 2017

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This is the second in a three part series, mapping out information and statistics on all 144 Toronto neighbourhoods.  Part 1 talked about price increases. Part 2 will now discuss the most and least expensive neighbourhoods in the city. Bridle Path deserves its exclusive reputation For context, the average detached house in Toronto sold for $1.252 million in 2016. The median neighbourhood average price was $970K (E1 - Greenwood-Coxwell). Here are... [read more]

Where in Toronto are homes quickest (and slowest) to sell

Friday Feb 24th, 2017

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This is the third part in a three part series, mapping out information and statistics on all 144 Toronto neighbourhoods.  Part 1 talked about price increases, while Part 2 looked at the most and least expensive neighbourhoods. Part 3 will now discuss the what neighbourhoods are the quickest and slowest to sell. East is the Least For context, the average detached house in Toronto sold in 13.7 days in 2016. The median neighbourhood average... [read more]

On million dollar homes and affordability

Friday Nov 4th, 2016

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I read some bad articles on real estate. The market is crazy enough without people writing articles with no factual basis that stoke the fires of panic, so it's time I start having at them. The main problems with today's subject article are the sensational headline, and bad (or non-existent) analysis. Here is the recent CBC article I'll be discussing. Right off the bat, it tries to grab you with "This neighbourhood might just be one the last remaining affordable... [read more]

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