Overview: an analysis of the February 2021 Toronto housing market, including sales, prices, competition, and the ongoing impacts of the COVID-19 pandemic and vaccine rollout. The short answer is no. In fact, despite stay-at-home orders and a brutally cold winter, Toronto’s housing market has been on fire. Sales, listing and average home prices are all up, while competition has been…
Tag: pandemic
Case Study: How I Sold 2 Condos Fast & Over-Asking Price
Overview: a Case Study of how I sold two condos, 560 Front St W Unit 622 and 38 Cedarland Dr Unit 1206, in less than a week and for well above asking price, plus what it means for Toronto’s condo market. If you follow real estate news like I do, you might’ve heard that condos were hard hit by the…
The 2021 Toronto Real Estate Market Forecast
Overview: a forecast of the 2021 Toronto condo market, including the impacts of vaccines, jobs, immigration, rental supply, the freehold market, price predictions and more. Before the pandemic, condo sales were strong, competition was fierce, and prices were soaring. Today, however, condos seem to have fallen out of favour. While freehold properties such as detached homes are seeing a boom…
The Impact of COVID Vaccines on Toronto Real Estate
Overview: a look at the potential impacts of COVID-19 vaccines on Toronto real estate, including buying, selling, renting and more. According to CTV News: Ontario is seeing almost a doubling of the rate of vaccines getting out of freezers and into arms… Just as the pandemic disrupted Toronto’s housing market, vaccines are set to do it once again. Buying, selling,…
Post-COVID: Toronto Real Estate In 2021 and Beyond
Overview: a look at Toronto’s housing market post-COVID, including home prices, house vs condo sales, immigration and more. 2020 has been one terrible surprise after another. So how can anyone predict what next year will look like? While we can’t be 100% accurate, we can use the latest data and trends to forecast 2021 with some confidence. Plus hope is…
October 2020 Housing Market: GTA Shatters Records
Overview: a look at Toronto’s October 2020 Housing Market, including its transition to a buyers market, house vs condo sales, prices, the impacts of COVID-19, and more. Our last market report ended with the question: what does next month hold for Toronto’s housing market? We now have a definitive answer. According to the latest data, total sales, new listings, and…
Toronto Has Officially Become A Buyer’s Market – Listing up 215%
Overview: a look at the current buyers market and why now is the perfect time to invest in Toronto real estate. According to blogTO: With 4,539 new builds sold in the area, last month marked a shocking 217 per cent increase from August 2019, with numbers 119 per cent higher than the 10-year average. But it’s not just the sheer…
August 2020 Housing Market Report: The Hot Streak Continues
Overview: a look at the GTA’s August 2020 Housing Market numbers, with insights on home prices and listings, detached home vs condo sales, the ongoing impacts of COVID-19, and more. Our last market report examined Toronto’s record recovery and ended with the following statement: If the July 2020 Housing Market numbers have one clear message, it’s that Toronto real estate…
8 Pre-Buying Tips To Find Your Dream Home
Overview: 8 pre-buying tips you can use to find your dream home in a way that’s quick, easy, and safe. Buying a home is probably the biggest investment you’ll make in life. While it can be stressful under normal circumstances, it’s especially challenging during a pandemic. But by following the tips laid out in this blog, you can avoid obstacles,…
July 2020 Housing Market: Toronto’s Record Recovery
Overview: an in-depth look at July 2020 Housing Market and the dependability of Toronto real estate, including record-setting home prices, sales and new listings—despite the COVID-19 pandemic. In our 2020 Spring Market Forecast—at the height of the pandemic—we asked a simple question: Is Toronto real estate immune from economic uncertainty and health panics? It turns out the GTA housing market…