Toronto Real Estate

Am I the only one to see an uptick in out-of-province parents buying homes for their university-bound students? Location plays a big factor: immediate occupancy, proximity to public transit, campus, amenities, good neighborhoods, etc. Something to consider in your marketing with 40,000 more under...

A new NAR study shows nearly 1 in 5 Realtors® sold a home to an international client in the past year. It would be interesting to see how that compares in Canada ... but we unfortunately don't have those stats. :P There are some interesting stats in the report comparing the average international ...

Recently elected TREB President Donald Bentley has announced that he will step down as President of the Toronto Real Estate Board, effective October 1, 2007, in order to accept a position as Director, Territorial Business Development for RE/MAX Europe. President-Elect Maureen O’Neill will serve o...

Resales in Canada are breaking records with home prices up almost 10% over the past year. In contrast, the national picture in the US isn't as rosy, with resales near a 5 year low and new home sales down 6.6%, with much of the blame pointed at the sub-prime mortgage market. It's a troubling pictu...

Earlier this week, a renovator found the mummified remains of an infant, wrapped in a 1925 newspaper, in the second-floor ceiling of an east-end Toronto home. (Police are investigating but case may go cold if the forensic evidence is deemed too weak to justify pursuing further.)If the homeowners ...

Empire's "Beyond the Sea" development (near Lakeshore and Parklawn) sold out the phase 1 tower within a few hours, on the first day of a public release in June. Today's release of units in the south tower (phase 2; completion in 2010) has garnered similar interest with buyers or their agents line...

Real estate really is local. But contrary to what some say, I don't believe you can entirely ignore national stats. The broader market does weigh in psychologically on consumers. Interestingly, while CREA reports numbers up overall for Canada, NAR is reporting U.S. sales down, paralleling a state...

While the "416" (Toronto's local area code) dominates new condo construction, the "905" (that is, the surrounding suburbs in the GTA) account for 25% of the activity. In a decade, Mississauga and Markham's condo market have grown to 30 and 40 times (respectively) from its size in 1996. Population...

According to a Financial Post article, the 10 steps to profitable real estate investing are: Evaluate overall portfolio exposure to real estate Identify a goal for a property Ignore national statistics ... real estate is local Check the area's affordability Buyer beware when entering into buyer a...

As a Buyer agent, I hate being in competition. Buyers get frenzied. It can be an emotional roller-coaster. Excitement. Anticipation. Skepticism. Frustration. The process lacks transparency because the rules prevent the Listing agent from quantifying the nature of offers, while acting in the best ...