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Greetings!
We expect the Toronto spring real estate to be an active one and to be primarily driven by Sellers. All signs point to supply levels remaining low, which means well located condos and freehold properties are expected to sell quickly and in multiple offers. With interest rates expected to rise later this year, buyers today are looking to lock in at near historic low interest rates.The more stringent mortgage qualifying criteria introduced in January is not much of a factor in slowing demand for Toronto real estate.
This month be sure to enter to win two tickets to a Toronto Raptors Game, review the monthly market statistics, and much more!
Elaine, Alex and Otto
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| "Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 4,019 residential transactions through TREB's MLS® System in January 2018. This result was down by 22 per cent compared to a record 5,155 sales reported in January 2017.
The number of new listings entered into TREB's MLS® System amounted to 8,585 – a 17.4 per cent increase compared to 7,314 new listings entered in January 2017. However, it is important to note that the level of new listings was the second lowest for the month of January in the past 10 years."
Read More..
JANUARY 2018
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| | | | | | What to Know About Ontario’s New Lease Agreements
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| | "Government hopes a 13-page standardized lease will reduce confusion between Landlord and Tenants"
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Important Things You Should Replace in Your Home
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| | "Even as home prices balance out, many buyers are still having affordability issues in and around the Greater Toronto Area (GTA). If you’ve had your eye on a new home but haven’t quite found it yet, we think you’ll appreciate this list of small updates you can make around your home to improve your comfort and possibly even increase its value." |
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Large Renovated 1 Bedroom With Parking Steps To Yonge/Bloor!
Property Type: Condo Apartment Size: 700-799 Sq Ft # of Bedrooms: 1 # of Bathrooms: 1
Neighborhood: C02 Annex SOLD!
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Premium Yonge/Queen, High Floor Unit In Luxury Pantages Tower!
Property Type: Condo Apartment Size: 600-699 Sq Ft # of Bedrooms: 1 # of Bathrooms: 1
Neighborhood: C08 Church-Yonge Corridor SOLD!
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Rarely Available, Bright Spacious 1+1 In The Heart Of North York!
Property Type: Condo Apartment Size: 700-799 Sq Ft # of Bedrooms: 1+1 # of Bathrooms: 1
Neighborhood: C14 Willowdale East SOLD!
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Custom 2-Level Corner Sub-Penthouse, in Prime Downtown Harbourfront With Stunning Open Lake & City Views!
Property Type: Condo 2-Storey Size: 1800-1999 Sq Ft # of Bedrooms: 2+1 # of Bathrooms: 3
Neighborhood: C01 Waterfront Communities FOR LEASE! |
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Beautiful Executive Castle Hill End-Unit Townhome!
Property Type: Townhouse 3-Storey Size: 2500-3500 Sq Ft # of Bedrooms: 3+1 # of Bathrooms: 4
Neighborhood: C02 Casa Loma FOR LEASE! |
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Bright and Airy Loft Style 1 Bedroom + Den In Sought After Boutique Building
Property Type: Condo Apartment Size: 600-699 Sq Ft # of Bedrooms: 1+1 # of Bathrooms: 1
Neighborhood: E02 The Beaches FOR SALE! |
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NEWSLETTER SIGNUP
Click here to continue receiving Toronto real estate market updates, homeowner tips, client discounts at participating home services partners, chances to win prizes, access to exclusive listings, investment opportunities, free seminar invitations and more! |
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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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