| |
|
Greetings!
It is difficult to believe that we are already half-way through the summer! We hope that you have been taking advantage of the fantastic weather. The summer season in Toronto is the best time of year, with so many activities and events to enjoy in the city each and every week.
The Spring Toronto real estate market statistics were released in early July and the underlying market fundamentals performed better than expected. The condo market, particularly in Toronto, performed extremely well leading the way. The freehold market in the ‘416' saw fewer sales but prices are higher from Q1. The ‘905' areas have rebounded but are still below their highs from Q1 2017.
The banks' variable rate mortgage specials have expired, but most banks are still offering similar rates to clients that are opting for a variable rate mortgage. These special rates (prime -0.8 to -0.9) will likely only be available for a few more weeks.
This month be sure to enter to win for tickets to the CNE, review the monthly market statistics, and much more!
Alex, Elaine, and Otto
|
|
| "Residential sales reported through TREB's MLS® System for July 2018 amounted to 6,961 – up 18.6 per cent compared to July 2017. Over the same period, the average selling price was up by 4.8 per cent to $782,129, including a moderate increase for detached home types. New listings in July 2018 were down by 1.8 per cent year-over-year.
Preliminary seasonal adjustment pointed to strong month-over-month increases of 6.6 per cent and 3.1 per cent respectively for sales and average price. Seasonally adjusted sales were at the highest level for 2018 and the seasonally adjusted average price reached the highest level since May 2017." |
| |
| | | | | | What Real Estate Brokerages are Planning to do With TREB Data |
| | "Thursday’s Supreme Court decision quashed the Toronto Real Estate Board’s (TREB) last appeal over a 2011 federal Competition Tribunal order on the restriction of home-sale data. The real estate board must now allow brokers to publish the information if they want."
|
| | | Decluttering Solutions for the Most Common Hurdlest
|
| | "Overcome your own barriers to organizational bliss with the following expert tips for real-life problems from Real Simple staffers." |
| |
|
|
| | | |
|
| Ultra Exclusive Fully Furnished Suite at the Coveted Tiff Tower!
Property Type: Condo Apartment Size: 1200-1399 Sq Ft # of Bedrooms: 2+1 # of Bathrooms: 2
Neighborhood: C01 Waterfront Communities FOR LEASE! |
| Renovated South-West Facing 1+1 With Extra Large Balcony Spanning Entire Width of Unit! Property Type: Condo Apartment Size: 700-799 Sq Ft # of Bedrooms: 1+1 # of Bathrooms: 1
Neighborhood: W06 Mimico FOR LEASE! |
| |
|
Bright, Newly Renovated 2+1 InThe Heart Of North York!
Property Type: Condo Apartment Size: 1000-1199 Sq Ft # of Bedrooms: 2+1 # of Bathrooms: 2
Neighborhood: C14 Newtonbrook East SOLD! |
| | NEWSLETTER SIGNUP
Click here to continue receiving Toronto real estate market updates, homeowner tips, client discounts at participating home services partners, chances to win prizes, access to exclusive listings, investment opportunities, free seminar invitations and more! |
| | |
ThinkTorontoHomes, Royal LePage Terrequity Platinum Realty
293 Eglinton Ave. East, Toronto, Ontario M4P 1L3 Canada www.thinktorontohomes.com | info@thinktorontohomes.com |
| |
|
