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Toronto Luxury Real Estate Report (2023)
April 20, 2023
LUXURY REAL ESTATE SALES CLIMB AS PENT-UP DEMAND BUOYS ACTIVITY Limited inventory has placed upward pressure on values and prompted a new round of competitive offers on well-priced homes in desirable areas Heated home-buying activity is spilling into luxury segments in major Canadian housing markets as supply constraints spark new rounds of competition. Much […]
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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 […]
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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 […]
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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 […]
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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 […]
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