Subject: Toronto Real Estate Post July Edition

We hope you are having a great summer! Toronto is a great place to be in the summer time with no shortage of events. There is something for everyone this month including the Beaches International Jazz Festival, Toronto Food Truck Festival, Caribana or the Taste of the Danforth!

Toronto real estate prices continue to hold steady, despite some of the negative press reports. The HPI (Home Price Index) which measures price trends for a similar “basket” of single family homes, condos, and townhouses, shows prices for freeholds in Toronto to be flat from April to June.

We expect the real estate re-sale market in September to be driven by Sellers and expect homes in good locations to continue to sell quickly and in multiple offers.

This month be sure to enter to win two Toronto Blue Jays tickets, review the monthly market statistics, and much more!

Elaine, Alex and Otto
"Greater Toronto Area REALTORS® reported 7,974 sales through TREB's MLS® System in June 2017 – down by 37.3 per cent in comparison to June 2016.

The number of new residential listings entered into TREB's MLS® System, at 19,614, was up by 15.9 per cent compared to June 2016. While this annual rate of growth was sizeable, it represented a more moderate annual rate of growth compared to May 2017, when new listings were up by 48.9 per cent year-over-year"


Read More..


JUNE 2017
Mortgage Rates 
Rates courtesy of YourMortgageConnection.ca as of 07/26/2017 as compared with other current lenders and are subject to change without notice. *O.A.C., E.& O.E.
The King-Spadina Boom: What’s Behind the Growth at Toronto’s Hottest Intersection
"In the King-Spadina district, a forest of skyscrapers is growing at breakneck speed. Marcus Gee explains how condos conquered a rundown district of the city
Your Guide to Deck Repair
"Whether it's a small fix or a big redo, every deck ends up needing some tender loving care at some point. Here are helpful suggestions for what you might be able to tackle yourself—and what you might need help with—when it comes to deck repair."

TORONTO EVENTS 
Recently Sold
 Bright Corner Suite With Wall-To-Wall Windows and Huge Balcony! 

   Property Type: Condo Apartment 
   Size: 600-699 Sq Ft
   # of Bedrooms: 1
   # of Bathrooms:

   Neighborhood: C01 Bay Street Corridor 
   SOLD OVER ASKING!

Currently Listed
  Premium Yonge/Queen High Flr 1 Bed In     
  Luxury Pantages Tower!

   Property Type: Condo Apartment 
   Size: 600-699 Sq Ft
   # of Bedrooms: 1
   # of Bathrooms: 1

   Neighborhood: C08 Church-Yonge Corridor
   AVAILABLE FOR SALE!

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     ThinkTorontoHomes, Royal LePage Terrequity Platinum Realty
 293 Eglinton Ave. East, Toronto, Ontario M4P 1L3 Canada
www.thinktorontohomes.com | info@thinktorontohomes.com
293 Eglinton Ave. East, M4P 1L3, Toronto, Canada
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