Blog

Is the bottom in? "Be fearful when others are greedy, and greedy when others are fearful." Warren Buffet After a short hiatus, we are back to our writing! And its a good time to be back, with the weather turning and activity seemingly heating up too!...

December data suggests stabilizing market but some of this may be due to forward buying ahead of stress tests As we start the year, we would like to thank our clients for trusting us with their needs, and for your referrals. We understand there are many...

November sales volumes rise but so have listings Overall, it was a steady month of activity in the Toronto real estate market. While November volumes declined year over year, the pace of the decline lessened compared to prior months, as some buyers look to lock in...

Sales rise from September, but will new OSFI rules dampen the market? Home sales continued to show some signs of recovery in October with sales volumes up 11.6% from September. This is not that unusual, as volumes typically rise in October but the increase was higher...

Prices rise for the first time in five months but volumes remain low and listings continue to rise Last month we suggested that it was too early to call a rebound in the Toronto housing market, and we continue to suggest the same this month. Nonetheless,...

Activity picks up from July - market showing signs of stabilizing but could this be derailed by proposed mortgage qualifying rules? It's still too early to make the call, but there are some signs that the GTA housing market is beginning to stabilize. Overall, prices in...

GTA real estate market remains slow but will it last? The real estate markets in the GTA and Toronto remained slow through July. Transaction prices have fallen 19% from the peak in March/April but remain 5% higher in the GTA and 9.9% higher in the City...

Stand-off: Buyers and sellers expectations remain apart The stand-off between buyers and sellers carried over in to June. Buyers are looking for deals or waiting for prices to head lower. Meanwhile, sellers continue to expect peak or near peak prices and are trying to hold firm....

GTA housing market slows - uncertainty keeping buyers on sidelines The first five months of 2017 have been a wild one for the Toronto/GTA housing market. The year started off with record low inventory levels. Prices soared at an unsustainable pace. Housing prices were rising and...

Prices continued to rise in April but is the market heading towards rebalance? Wow, what a month it was. Following the dramatic price moves in March within virtually every GTA market, a number of events threaten to slow the market, although this hasn't manifested itself fully...