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!


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.


Toronto Market Update for February 2018

14 March 2019
Life and the City

Toronto home sales were down last month in February, while selling prices continued to rise, as a result of very low inventory available on the market. Now, with the weather finally becoming more mild and spring-like, it's about that time of year when we begin we see more properties listed for sale - great news for inventory, and for buyers who have been waiting for the opportunity to find their perfect home.


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?"


Toronto Market Update for January 2018

19 February 2019
Life and the City

Last month in Toronto, we saw detached home prices decrease by 8.5% and townhome prices were down 9.9% from the same time last year. Meanwhile, sales prices for Toronto condos continued their upward trajectory with an increase of 8.8%, and semi's were up by 6% year-over-year.


What to expect in 2019 for interest rates in Canada

21 January 2019
Life and the City

Alain Lavoie, Mortgage Broker with Capitol Home Lending, provides an overview of what we can expect for interest rates in the coming year.


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.


Life and the City's Guide to Holiday Markets in Toronto 2018

15 November 2018
Life and the City

The holidays are right around the corner! To get us in a festive mood and help tick holiday shopping off our list, there's no shortage of Christmas and holiday markets in the city. So, brave the chilly air and shop handmade goods, artisan crafts and festive treats - in the words of Buddy the Elf, only a true cotton-headed ninny-muggins would miss these! Here's our guide to the Christmas and holiday markets happening around Toronto this 2018 holiday season...