For the City of Toronto, year-over-year sales volume and average selling prices were down by 32.2 per cent and 17.4 per cent respectively. However, it is interesting to note, between January and February new listings rose by 10 per cent, and the average price for the combined categories of detached homes, semis and condo apartments was up 11.2 per cent.
Hello Friends & Neighbours! Believe it or not, Springtime is around the corner. If you’ve got Interior Design in mind, here are a few brilliant books to inspire you. Filled with thoughtful tips and ideas, and beautiful photographs.
Enjoy the long weekend, and remember, to progress, it’s important to take time for rest! We all lead busy lives these days, so here’s a friendly reminder to be good to yourself on this little holiday …
The current report by TRREB points out that while short-term borrowing costs increased again in January, negotiated medium-term mortgage rates, like the five-year fixed rate, have started to trend lower. Based on the expectation that this trend will continue, affordability could start to improve as the year progresses.
Wishing you a Happy Lunar New Year! May the Year of the Rabbit brings you good health, success and happiness. The sign of Rabbit is represents longevity, peace, and abundance. 2023 is predicted to be a year of hope.
Insider Insight: More than ever, location is a key factor in Toronto area real estate. The Financial Post recently published data showing that while prices have steadily risen annually over the past 10-15 years, the average price in the GTA came down -21% in 2022, between the peak in March and the end of the year. It’s important to note that this reduction was less pronounced in the City of Toronto (read post for more) …
Happy New Year! 2022 has been an eventful year. As always, the most rewarding experiences are connecting with people at such an important time in their lives, and being able to offer them support and advice. On top of that, I’m grateful that I get to live and work in Toronto. Our city is a welcoming place where culture, innovation and community thrive.
Here are the numbers from the Toronto Regional Real Estate Board for the “City of Toronto” area. This includes the Toronto West, Toronto Central and Toronto East zones.
The downward trend in home prices experienced in the spring and early summer has flattened over the past three months, in part due to the persistent lack of inventory … how to the trends and numbers affect you?
This Sunday, November 13, I’ll be joining the OXLEY team at “Lace Up for Liz” – in support of the Princess Margaret Cancer Foundation.
I am honoured to be asked to join the Oxley Real Estate Team, a leader in the Toronto Luxury market, and a brokerage known for delivering an exceptional client experience along with market-leading results. Proud of its signature full-service approach, the Oxley team is recognized in the RLP Chairman's Club: Top 1% in Canada.
Evergreen Brick Works is a glorious getaway without going away. It’s home to magical nature trails and activities right in the centre of the city.
Supply is down overall - new listings were at a 20 year low for the month of September. Prices of detached homes and semis in the 416 dropped by 11 per cent and 7.3 per cent respectively.
I enjoy hiking the scenic ravine trail at the far side of David Balfour Park. It feels like a wild and beautiful place, yet it’s right here in the middle of the city.
Nuit Blanche returns to Toronto on Saturday, October 1 at sunset, with the theme The Space Between Us. The all-night celebration of contemporary art is back with its biggest event ever, spanning across the city.
The weather is perfect for taking a stroll in Summerhill. Here are a few special places to check out in the neighbourhood …
Michelin stars have been awarded in Canada for the first time, starting in Toronto. I always say we are lucky to have so many restaurants that offer world class dining experiences right here in the city – without ever stepping on a plane.
