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March 2020 Resale Market Statistics Released April 3, 2020 The Toronto Real Estate Board reported 8,012 home sales in March 2020 – up by 12.3% compared to 7,132 sales reported in March 2019. However, despite a strong increase in sales for March 2020 as a whole, there was a clear break in market activity between the pre-COVID-19 and post-COVID-19 periods. For the purposes of […] Read More
What Are Condo Fees? 3 Things to Know March 30, 2020 What are condo fees, how are they calculated and what do they cover? Condos have become the home of choice for many Canadian homebuyers, particularly first-timers, but increasingly move-up buyers as well. But many don’t understand this lifestyle option before deciding that it’s right for them. Affordability is a big factor behind the relatively recent […] Read More
Luxury Condos: A Buyer’s Guide to Living The Dream March 25, 2020 Luxury condos evoke the image of opulence and a hefty price tag. While that may be true, those aren’t the only defining characteristics. The location of a condominium development may influence its perception and the ultimate price tag for example. Downtown condominiums have seen a surge in popularity in the recent past owing to their […] Read More
February 2020 Resale Statistics Released March 4, 2020 The Toronto Real Estate Board reported 7,256 in February 2020, representing a 45.6% increase compared to a 10-year sales low in February 2019. However, February 2020 sales were still below the 2017 record result. After preliminary seasonal adjustment, February 2020 sales also exhibited positive momentum, up by 14.8% compared to January 2020. New listings amounted […] Read More
January 2020 Resale Market Statistics Released February 8, 2020 The Toronto Real Estate Board reported 4,581 home sales in January 2020 – up by 15.4% compared to January 2019. On a preliminary seasonally adjusted basis, sales were up by 4.8% compared to December 2019. We started 2020 where 2019 left off, with very strong growth in the number of sales up against a continued […] Read More
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