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Resale Market Statistics Released for January 2023 February 4, 2023 As we moved from 2022 into 2023, the Toronto condo and loft market unfolded as expected. The number of January sales and the overall average selling price were similar to December 2022. On a year-over-year basis, both sales and prices were down markedly, continuing to highlight the impact of higher borrowing costs on affordability over […] Read More
5 Reasons Toronto Condos and Lofts Don’t Sell February 1, 2023 Most condo and loft sellers have two main objectives: to sell quickly and for the highest price. The beauty of owning real estate (whether it’s a principal residence or an investment property) is that historically, it has yielded solid returns to Torontonians who are in it for the long haul. Indeed, equity gains in Toronto […] Read More
5 New Year’s Resolutions to Sell Your Toronto Condo or Loft January 17, 2023 Are you planning to sell your Toronto condo or loft in the near future? Regardless of season or market conditions, remember that you only have one chance to make a good first impression. Make it memorable for all the right reasons. Before listing your unit, commit to these five New Year’s Resolutions to help ensure […] Read More
December and the Year of 2022 Resale Market Statistics Released January 11, 2023 The Toronto condo and loft market experienced a marked adjustment in 2022 compared to record levels in 2021. Existing affordability issues brought about by a lack of housing supply were exacerbated by sustained interest rate hikes by the Bank of Canada. Following a very strong start to the year, home sales trended lower in the […] Read More
Explore the Neighbourhood Before You Buy January 2, 2023 The quality of the surrounding community is a significant factor in determining whether you will be happy in your new Toronto condo or loft. While choosing a neighbourhood and forming an accurate impression of it is tough until you actually live there, preliminary research on the area can reduce the likelihood of suffering from buyer’s […] Read More
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