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Greetings!
It is difficult to believe that we are already half-way through the summer! We hope that you have been taking advantage of the fantastic weather. The summer season in Toronto is the best time of year, with so many activities and events to enjoy in the city each and every week.
The Spring Toronto real estate market statistics were released in early July and the underlying market fundamentals performed better than expected. The condo market, particularly in Toronto, performed extremely well leading the way. The freehold market in the ‘416' saw fewer sales but prices are higher from Q1. The ‘905' areas have rebounded but are still below their highs from Q1 2017.
The banks' variable rate mortgage specials have expired, but most banks are still offering similar rates to clients that are opting for a variable rate mortgage. These special rates (prime -0.8 to -0.9) will likely only be available for a few more weeks.
This month be sure to enter to win for tickets to the CNE, review the monthly market statistics, and much more!
Alex, Elaine, and Otto
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| "Greater Toronto Area REALTORS® reported 8,082 home sales through TREB's MLS® System in June 2018 – up 2.4 per cent compared to the low June 2017 result. After preliminary seasonal adjustment, sales were also up 17.6 per cent on a monthly basis between May 2018 and June 2018, continuing the trend of somewhat volatile month-over-month changes over the past year as
home buyers reacted to various policy changes impacting the market." |
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| | | | | | Toronto has Lots of Room to Grow. It’s Time to Let That Happen
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| | Is the idea that Toronto is running out of room to grow a city wide myth? The truth is that Toronto has too little housing and too many rules about where to build it.
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| | | 25 Great Home Projects and What They Cost
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| | "Get the closet of your dreams, add a secret doorway and more. Learn the ins and outs of projects that will make your home better!" |
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Stunning Bright And Spacious 2 Bedroom 2 Washrooms Condo Townhouse in Oakville!
Property Type: Condo Townhouse Size: 900-999 Sq Ft # of Bedrooms: 2 # of Bathrooms: 2
Neighborhood: Oakville Uptown Core FOR SALE!
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| | Modern 2 Bedroom 2 Bathroom Executive Furnished Suite In Chic East Lofts!
Property Type: Condo Loft Size: 900-999 Sq Ft # of Bedrooms: 2 # of Bathrooms: 1
Neighborhood: C08 Moss Park FOR LEASE! |
| High Floor 1 Bedroom Suite With Stunning Unobstructed City Views at Burano!
Property Type: Condo Apartment Size: 0-499 Sq Ft # of Bedrooms: 1 # of Bathrooms: 1
Neighborhood: C01 Bay Street Corridor FOR LEASE! |
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ThinkTorontoHomes, Royal LePage Terrequity Platinum Realty
293 Eglinton Ave. East, Toronto, Ontario M4P 1L3 Canada www.thinktorontohomes.com | info@thinktorontohomes.com |
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