Toronto Market Update for August 2019

11 September 2019
Life and the City

Last month in August, the Toronto market saw a surge in sales and a drop in inventory, leading to the largest price growth in 18 months. There was a flurry of activity at a time of year when the market typically slows down, and data shows that there were improvements for most sales numbers in August, year-over-year. Here's your Toronto Market Update for August 2019!


The First-Time Home Buyer Incentive | What You Need To Know

04 September 2019
Life and the City

A new federal program called the First-Time Home Buyer's Incentive (FTHBI) has just launched, and applications are being accepted until November 1st, 2019. Here's what you need to know about it!


Toronto Market Update for April 2019

16 May 2019
Life and the City

New listings rose 8.2% last month in April compared with the same month last year, but at 12.2%, the annual growth rate of sales outpaced the rise in new listings. This dynamic means that market conditions are tighter, so price increases may accelerate.


Toronto Market Update for March 2019

12 April 2019
Life and the City

Last month in March, the average sales price for all property types combined across the 416 was $830,043, representing an 11.6% year-over-year decline. A 2% jump in inventory on the market lead to slightly more options for buyers, which was a contributing factor in this sales price decline. Meanwhile, the overall number of sales for all property types declined by 9% over March of last year.


Smart Investing Info Series: Spring 2019 Sessions

05 March 2019
Life and the City

We're very excited to announce the launch of our new Smart Investing Info Series! The sessions in this series are designed to provide valuable information, insights and advice that will help you understand how to invest smartly in Toronto real estate. Here are all the details on our first two sessions: "Building Your Real Estate Portfolio" and "Rent Or Buy?"


RE/MAX 2019 Housing Market Outlook Report

08 January 2019
Life and the City

Modest price increases are expected in 2019, as the RE/MAX 2019 Housing Market Outlook estimates the average sales price to increase by 1.7%. Housing markets across the country have stabilized in 2018, after the unprecedented increases in average sales price that many markets experienced in 2017. Continue reading to learn more about where the market is headed this coming year!


The Runaway Home: Why the Best Time to Buy is Now

12 December 2018
Life and the City

Toronto first-time home buyers often believe the best approach to entering the market is to take the extra time to save for a larger down payment in order to reduce their monthly mortgage payment. Unfortunately, given the dynamics of the Toronto real estate market, this thoughtful approach can often cost them their dream home! Continue reading to find out why the best time to buy a home in Toronto is now.


June 2018 GTA Market Update

18 July 2018
Life and the City

Last month in June, the Toronto real estate market saw a 4.9% increase in the average sale price year-over-year. Meanwhile, there was a 1.3% decrease in the number of sales, which is typical for this time of year. Looking at the GTA market as a whole, there were a number of interesting stats that emerged last month. Have a look at our summary to learn more...


Q&A Series: What You Should Know about the Home Buyer's Plan

15 March 2018
Life and the City

The Home Buyer's Plan is a program that makes home buying more accessible for first-time purchasers in Canada - but here are nine things you should know about it.


We Are Proud to be Part of Toronto's Top Brokerage!

21 February 2018
Life and the City

The results are in - our brokerage, RE/MAX Hallmark was again the top-producing brokerage in Toronto and surrounding areas in 2017! Out of the top 10 real estate companies across Ajax, Aurora, Pickering, Richmond Hill, Whitby and Toronto, RE/MAX Hallmark accounted for almost 18% of the total number of listing and selling transactions, and for almost 14% of all transactions across all Toronto brokerages last year!