Toronto 7 March, 2017.  The February Stats are in for the Toronto Real Estate Market. One sixth of the year is gone and Prices are UP and inventory is DOWN.   Even though last February had an extra day, (it was a leap year), there were 8,014 residential sales this February representing a +5.7 per cent increase in the volume of homes sold. The thing is that this year there were 12...Read More

    Toronto 10 January 2017 2016 ended with more records having been broken in Toronto Real Estate! 113,133 homes sold. Highest ever for a calendar year and a whopping +11.8% compared to 2015. What does 2017 hold for buyers and sellers? If you went shopping for a home or condo in the GTA this past year chances are you were not alone and you had to compete with other buyers. If you w...Read More

  Toronto 6 December 2016  November's stats are out and I cannot help wondering where all the sellers are. As I reviewed the previous 11 months of 2016 I kept hearing in my head that wonderful folk song originally penned by Pete Seger in 1955 and recorded by numerous artists since. "Where have all the flowers gone" (Here it is by the Kingston Trio) I think I will have to...Read More

  Toronto 8 November 2016 With the world about to change... are we on the edge? There are more questions than answers, as the Toronto Real estate market continued to defy all odds and reported a record 9,768 sales for the month of October representing an increase of 11.5% versus October 2015. To no one's surprise the largest segment of growth came from Condominiums  simply b...Read More

    Toronto 11 October 2016 It's Beginning to look a lot like... There could be a bubble in the Toronto Real Estate Market and the real question may be, will it spring a slow leak or will it be a shocking burst similar to the only other bubble in early 1989.  With the exception of 5 months in late 2008 and early 2009, prices have been rising in the Greater Toronto Real Esta...Read More

    Toronto 13 September 2016 And the heat continued both literally and figuratively. A hot weather August matched by the hottest August in Toronto Real estate sales ever. A record 9,813 sales were reported representing an increase of 23.5 percent over the previous August. One should realize however that 2016  had two more working days than 2015. Even after adjusting for the discr...Read More

  Toronto 12 August 2016 Against all odds, in one of the hottest summers in years, another record is broken on the Toronto Real Estate Market. This is the time when most Canadians are supposed to be on vacation and we have almost the lowest inventory in history, yet just under 10,000 homes were sold in July.  This was the best July on record with 9,989 home sold through the Toronto Real...Read More

    Toronto 12 July 2016, In June of 2015 there were 17,972 homes and condos for sale in the Greater Toronto Area (GTA).This year (June 2016), there were only 12,327 for sale. That is only 4 weeks of inventory, 31.4% fewer properties available or simply put, the lowest level of inventory ever witnessed for this time of the year. Consider back in the old days 4- 6 months of inventory wa...Read More

    Toronto 7 June 2016: For those of you who remember the days of Vinyl records. I am beginning to sound like a broken record.  (An expression suggesting someone or something that annoyingly repeats itself, as a vinyl record with a scratch). Another record month...Another record month, Another record month... and so on!!!   May 2016 represented "another record mont...Read More

  Toronto 17 May, 2016  How low will it go? In these days of ever increasing prices it seems odd to be asking this question. I am referring to the lowest level of inventory in recent history and maybe ever. The first 4 months of the year have seen diminishing numbers of homes and condos for sale culminating in what is just less than 4 weeks of inventory. This is the epitome of supply d...Read More