Toronto Realty Blog

DECEMBER 4, 2023

TorontoRealtyBlog Here’s a new one: why don’t we “blame” the current housing prices on the natural forces of supply and demand in a free market? Not only that, the average home price coming into that year was $566,611. Don’t shoot the messenger, but it was $1,189,736 last year. Yes, blame.

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Toronto Realty Blog

APRIL 22, 2024

The typical announcements were made, including birthdays and anniversaries, and Ann Bosley mentioned that one particular agent had just celebrated his twenty-fifth anniversary with Bosley Real Estate. At this year’s company awards, Christan Bosley announced the new members of the twenty-year club.

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Toronto Realty Blog

JUNE 24, 2022

Before you read the following, ask yourself this simple question: “Will the areas outside the province of Ontario show a better or worse market that what we read about in Wednesday’s blog?” When we look at today’s data, the conclusion might seem different from our expectations. To each, their own.

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Toronto Realty Blog

SEPTEMBER 6, 2022

On the seventh day, when everybody around us was looking sad, preparing to head home, we were absolutely elated to be staying! I do well when I have a schedule, a set of responsibilities, and I’m never looking around wondering what to do. If I take a long Sunday run of 10-15KM, I’ll finish, and my mind is clear.

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Toronto Realty Blog

JULY 4, 2022

Did you just stumble upon this blog for the first time? You were Googling “The Road Ahead,” looking for the 1995 book by Bill Gates , of the same title? Well, now you found this blog! Although, if you’re like my wife, you’ll say, “Stop looking so far ahead, just enjoy the moment!”

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Toronto Realty Blog

NOVEMBER 18, 2022

They’d be on skid row in a few years. Over the last year, I have seen such an incredible shift in society toward hating anybody of means. If you hated him, why was that? Is it because he had what you wanted? I would hate to think this is human nature, but some might say that it is. Did you make assumptions about him?

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Toronto Realty Blog

NOVEMBER 26, 2021

Blaming rising real estate prices on people rather than market forces. July 30th, 2021, I wrote: “The Friday Rant: We’ve Run Out Of People To Blame” This was in response to a juicy Toronto Star hate-piece on real estate agents entitled, “Realtors Are Making Big Money Flipping Houses.

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Toronto Realty Blog

APRIL 13, 2022

More than a dozen flyers – several from politicians, since it’s that time of year, a beautiful letter from a Harvey Kalles real estate agent offering to buy my home, and a ridiculous amount of T5’s and T5013’s, since it’s that time of year again as well. Why do we still mail these?

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Toronto Realty Blog

OCTOBER 20, 2021

There’s 13% HST buried in the purchase price. TorontoRealtyBlog. I’m a cynic. I’m a realist. And I understand economics. But those three things together and do you know what you get? The following rant… There’s no such thing as “free” when it comes to the services we, in Canada, receive. taxation.

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Lab Coat Agents

DECEMBER 31, 2020

Originally Featured On The Follow Up Boss Blog. But let’s be real. We asked leading agents and real estate coaches for their most reliable, most overlooked, and craziest ideas for free lead generation with only one condition: That they worked. How to Get Real Estate Leads at No Upfront Cost.

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Toronto Realty Blog

MARCH 30, 2022

I read the comments on the blog most of the time, just so you know. I recognize how political in nature my blogs have become and while this might have come with age and maturity, I also think it’s a by-product of where we are as a society, and how much the topic of “real estate” affects us.

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Toronto Realty Blog

JANUARY 21, 2022

A client of mine recently told me that she’s looking at retiring to Murfreesboro, Tennessee, which apparently is the hottest market in the United States. She’s thinking that she’ll sell her large condo here in Toronto and look for a tiny pied-a-terre that she can use when she’s in the city. Great plan, right?

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Toronto Realty Blog

FEBRUARY 18, 2022

A friend of mine sent me a text on Thursday: “Awesome blogs this week dude!” ” I wrote him back and said, “Well, only a couple of comments on Wednesday’s blog, so maybe it’s not all that enthralling?” Attempt to make real estate less expensive. TorontoRealtyBlog.

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Toronto Realty Blog

DECEMBER 19, 2023

It’s just really, really hard to describe an entire year’s blog posts or an entire year’s real estate stories in a standard blog-post length. This is likely more subjective than the top five blog posts , but then again, we run into many of the same themes over and over. Development.

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Toronto Realty Blog

MARCH 4, 2024

To be fair, some might want to ask, “Why would you celebrate the fact that the Canadian Mortgage & Housing Corporation has canceled the First-Time Home Buyers’ Incentive? perhaps Billy Joe Armstrong’s best-known work could lend a title to today’s blog. And then came the disqualification. And that was that!

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Toronto Realty Blog

DECEMBER 13, 2021

Is it weird that the “Top Five” blogs, that I have written, are being chosen by me ? Perhaps next year we’ll come up with a system. Maybe a button to click on each post to nominate for a year-end award, although what reader is going to be clicking that button that in January? TorontoRealtyBlog.

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Toronto Realty Blog

FEBRUARY 5, 2024

Benjamin Franklin, also known as “the guy on the American $100 bill,” in the year 1789. Look, death is certain, but it’s not as certain as tax. I’ve had this blog topic in the queue now for quite some time. Maybe even, dare I say, years ? ” Who said it? Too morbid for a Monday morning?

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Toronto Realty Blog

JANUARY 6, 2022

And we did this to start off January 2021, not just as a stand-alone blog, or even a two-part series, but rather a three-part series that spanned the entire first week back! Well, what can I say? I just like photos of burning logs. ” Literally, a nine-hour video of a yule log burning in a fireplace. Who watches that? And I love it.

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Toronto Realty Blog

MARCH 29, 2021

I got into real estate in July of 2004. It recovered in multiple segments here in Toronto by year’s end, although some of the stats took until 2020 to catch up. Regardless, I have heard “bubble” talk and crash-speak for seventeen years now, and yet it hasn’t happened. 2008, for one. The bubble.

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Toronto Realty Blog

MARCH 31, 2023

TorontoRealtyBlog First of all, let me start with this: There’s nothing that the Canadian government can do to “make housing more affordable to all.” But that’s because of the word “all,” in that all Canadians were not meant to, or should not expect to, own a home. ” Hard stop.

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Toronto Realty Blog

DECEMBER 15, 2021

Looking back at my year-end posts from 2020, 2019, 2018, and so on, I swear I don’t think I’ve ever felt older. Somebody told me once that when you have children, the years go faster because you start to view your life in terms of your children’s milestones. Every year, there were five topics.

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Toronto Realty Blog

AUGUST 6, 2020

My goodness, remember this blog post? However, with what I know about government, that doesn’t mean that a 49% tax wouldn’t be considered… For those who don’t remember, this was the un-proposed but leaked-proposal tax scheme: 50% tax on any profits after one year. 25% tax on any profits after two years.

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Toronto Realty Blog

SEPTEMBER 5, 2023

But as sad as this is to say, I always enjoy the start of the fall real estate market, and that helps me get back into things. The summer is great but it’s slower in real estate, and I really find my groove when we’re busy. Shouldn’t home prices be atop our list? It’s a great time for it.

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Toronto Realty Blog

MAY 26, 2022

The recent drop in Toronto home prices is solely due to the increase in interest rates. Well, I suppose before we confirm or deny, we must first address this “drop in Toronto home prices,” since many home-sellers are in denial. I would say that 7/10 of them are hearing me and in agreement…” She laughed.

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Toronto Realty Blog

JANUARY 5, 2023

Every year, Julie, David, and Neil would head up to Bayview Avenue to “Mr. Grocer” and sift through the bin of cardboard boxes, like kids looking for the perfect pumpkin on Halloween. Perhaps a better question: what did you get for Christmas? I got nothing. But my kids, on the other hand, wow, what a haul!

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Toronto Realty Blog

MARCH 22, 2023

TorontoRealtyBlog For those of you just discovering the Canadian Real Estate Association’s Home Price Index data, let me provide a bit more context. Today, let’s look at these twenty-three areas and see how much the “Top Ten” have declined since the peak. and the #10 area drop 22.2%!

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Toronto Realty Blog

NOVEMBER 1, 2021

This is, after all, the Toronto Realty Blog. So in the context of appreciation rates in selected Canadian cities, I’m sure the readers would want to know where the City of Toronto stacks up. To answer that question, we have to look at the Canadian Real Estate Association (CREA)’s “Home Price Index” or HPI.

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Toronto Realty Blog

JANUARY 1, 2022

Well, maybe Thursday’s blog was a mouthful. All that time off over the holidays without an outlet for my thoughts – both about real estate, and not, and you had to know that the first blog back in January would be lengthy. It’s blogs like these that often make me feel guilty of being unoriginal, however.

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Toronto Realty Blog

JANUARY 9, 2023

Looking back on it, I suppose I didn’t “need” to write a thousand words or more about my holiday break in Thursday’s blog post, thereby extending the length of the blog and only allowing us to examine two of the ten discussion points for 2023. You know we’re going to hear about this all year.

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Toronto Realty Blog

JANUARY 18, 2023

properties which were unoccupied for six months or more during the previous calendar year). Despite the flaws, all Toronto residential property owners must now file a declaration by February 2nd, 2023 and once a year thereafter. 1 4% to 5% of declarations are expected to be audited each year.2. TorontoRealtyBlog.

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Toronto Realty Blog

JANUARY 6, 2021

I was on CTV Your Morning last Thursday to discuss the 2021 real estate market, and it’s never easy to get meaningful points across, over five or six questions, in a mere four minutes. Not a depression, not a crash, not a surge in prices, or anything hyperbolic, but I do think, generally-speaking, it will be a rough ride.

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Toronto Realty Blog

SEPTEMBER 7, 2023

those who sent four-year-olds to Junior Kindergarten. My son is still one year away from Junior Kindergarten, but as a February baby, he’ll be more than ready by the time next September rolls around. On Tuesday, we looked at the first four “Burning Questions” for the fall market, and inventory was one of them.

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Toronto Realty Blog

FEBRUARY 22, 2022

Am I just showing off my knowledge of Canadian geography? Kudos to anybody that read that list above and knew exactly where this was going, since this is a list of places my clients have moved to in the past two years after selling their homes here in Toronto. Move to Boston and start BRB ; the Boston Realty Blog!”

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Toronto Realty Blog

MARCH 2, 2022

” I suppose that depends on your interest in real estate. Obviously, price is the major driver. We wish they all did (some of us, others not…) but once in a while, it’s nice to just sort of dip a toe in, and take a toe out. Here are four stories that that fit that description.

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Toronto Realty Blog

MAY 16, 2022

Over the years, we’ve seen the federal government implement fiscal and monetary policies aimed at “improving housing affordability” that have had unintended consequences. ” This could be in the form of reduced rent, reduced sale price, or the government “buying” the units from the developer.

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Toronto Realty Blog

JANUARY 25, 2021

There are many ways to skin a cat, and likewise, many ways to look at housing statistics in Canada. But if we really want to look at national, or in this case, provincial housing stats, we have to use the CREA Home Price Index. What is the Home Price Index (HPI)? I mean, seriously? What in the world is this? Good Golly!

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Toronto Realty Blog

JANUARY 11, 2023

Comments on TRB started to flood in late last year as homeowners began receiving notices from the city and tried, often in vain, to access the website. If I get fined, I’ll post a copy here on Toronto Realty Blog for all to see. So let’s pick up where we left off on Monday… 6) Vacant Home Tax. Did you hear that?

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