• First
  • Previous
  • 1
  • 2
  • 3
  • 4
  • 5
  • Next
  • Last

Buyers have not lost their minds with unconditional offers

Friday May 14th, 2021

Share

There have been a lot of articles in the news lately about blind bidding wars and bidding wars in general. Heck, the Toronto Regional Real Estate Board even felt obliged to issue a statement to its members about it: It's topical because through the first 4 months of this year, 69% of freehold (lowrise houses) sales were "sold over asking." So bidding wars are the standard this year (and these rates are even higher in the 905 currently). One of the things that these... [read more]

Toronto real estate bubble crash Time Machine

Thursday Nov 4th, 2021

Share

There is a segment of the population that's rooting for a crash in Toronto housing prices. There are Facebook groups with bubble in their group name, and I often see comments with this angle on real estate Twitter. I get it. Prices are high, and some people that want to buy feel their only hope is if we are actually in a bubble and that bubble bursts. Meanwhile prices keep climbing and climbing and climbing. Now, do I think they're always going to go up? No. Do I think they... [read more]

2021 MLS Awards: Toronto's most and least expensive sales of the year

Friday Jan 7th, 2022

Share

Welcome to the 3rd Annual MLS Awards. Last year's 2020 MLS Awards was one of my most popular blog posts of the year, and BlogTO found enough content in there to turn it into three different articles. If you're curious, the 2019 MLS Awards are still kicking around too. I started doing them because I was curious to see what the most expensive house that sold in Toronto on the MLS, then that made me wonder what the least expensive was. Then I wondered about... [read more]

Will suburban house prices come back to earth?

Thursday Jan 27th, 2022

Share

I've been seeing plenty of tweets like this one and this one and the latest Home Price Index numbers from TRREB look like this: The City of Toronto has the lowest price growth across the GTA (though at 23% year-over-year it's hardly pedestrian). There have been plenty of "urban exodus" articles written since COVID began. That can explain some of why there has been crazy price growth in the suburbs as of late. Why are 39 people offering on subdivisions in Ajax (with... [read more]

What's in store for 2018?

Thursday Dec 28th, 2017

Share

Since 2018 is just around the corner now, I've been asked a couple of times what I think the Toronto real estate market will look like next year. In short, the year starts out with more headwinds than tailwinds. Known Headwinds <<< First, in case "headwinds" is too jargon-y, a headwind is something that slows the momentum of something (think of an airplane). I've broken these down into known, likely, and potential.  1) OSFI B-20:... [read more]

  • First
  • Previous
  • 1
  • 2
  • 3
  • 4
  • 5
  • Next
  • Last

READ MORE

Web4Realty

Real Estate Websites by Web4Realty

https://web4realty.com/