Toronto Realty Blog

DECEMBER 8, 2020

Having already started my “End of 2020” blog-themed posts on the side, I don’t want to spoil the surprise here, but we will be dedicating a good section to exploring the 2020 condo market. Today, I want to pick up where we left off with the August TRREB stats and see how 2020 finished up with respect to condos.

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Marketing Investor Sales As-is 92

Toronto Realty Blog

APRIL 5, 2023

A 2% increase in January, a 5% decrease in February, and a 4% increase in March. Those in the know, know. You’re aware of where I’m going with this, and it’s not that I’m intentionally trying to sound unsympathetic, but rather it sheds some light on how tough our rental market is in Toronto. That’s good, right?

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Marketing As-is Sales Investor 75

Toronto Realty Blog

FEBRUARY 3, 2023

When the TRREB stats are released on Friday or Monday, I believe that January of 2023 will show the fewest sales in any month of January in the last twenty years. TorontoRealtyBlog Last night in Roncesvalles, a house on a very popular street had a set “offer date” and received six offers. Who says the market is cold, right?

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Sales As-is Agents Marketing 75

Toronto Realty Blog

NOVEMBER 7, 2022

So compared to the market that we experienced in February, and the media attention that surrounded it, today’s market is, well, boring. I combed through the October TRREB stats last week, looking for something sexy, but all I found was boring. That’s sexy, right? But what about now ? Stable, sure.

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Sales Marketing As-is Finance 72

Toronto Realty Blog

OCTOBER 12, 2021

When I wrote about the September TRREB stats last Wednesday, I noted that while the average home price is up 18.3% year-over-year, the 416 area is only up, on paper, 6.7%. year-over-year increase in the month of September that we noted above, let’s annualize the stats we’re looking at today.

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Pre-approval As-is Marketing Mortgages 86

Toronto Realty Blog

OCTOBER 5, 2022

Are you just a Toronto Realty Blog reader, or do you watch Pick5 as well? Then try to put together the “most obvious” in a cluster, and you’ll come up with three, four, five, or more. As you can imagine, my undiagnosed A.D.D., obsession with the past, and fondness for childhood often takes me on a tangent.

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Agents Sales As-is Marketing 95

Toronto Realty Blog

SEPTEMBER 6, 2022

My golf game screwed up my back a little by early-August and that required some time off. I was off to a great start but mangled my ankle in early-April and was only starting up again in August when I hurt my back. The first one is too short and the second one is too long. To leave now would be way too soon!

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Marketing Banks Sales As-is 81

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?” ” CREA also the following provincial stats: Quebec. Some might argue that Toronto and Vancouver are the “safest.”

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As-is Marketing Investor Sales 79

Toronto Realty Blog

JUNE 22, 2023

Then I sprained my ankle on my family trip to the Dominican Republic in February; the same ankle that I busted in April of 2022. But I was doing great up until last weekend. But I was doing great up until last weekend. I had to call my wife and get her to come pick me up. Physically and mentally. I sulked a lot.

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Sales As-is Marketing Land 84

Toronto Realty Blog

JUNE 9, 2021

But does the overall market data back that up? When we left off in March, we were coming off a month of February that saw a decrease in new lease listings from 2020. Not even close: New condominium lease listings skyrocketed in March and April, up 43% and 40% respectively from 2020. I understand risk tolerance, believe me.

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Marketing As-is Closing Investor 93

Toronto Realty Blog

MARCH 10, 2023

TorontoRealtyBlog If there’s ever been a constant about our real estate market, it’s this: people always want to know whether it’s going up or whether it’s going down. Up first, RBC’s Canadian Housing Market Outlook, which is titled, “Bottom Of The Downturn Is In Sight.”

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Title Banks Sales Construction 82

Toronto Realty Blog

JANUARY 13, 2021

The arguments today range from low-interest rates, to the government’s propping up the market, to some form of “This happened because of COVID.” But in recent years, it seems those arguments have become more accepting of the upward trajectory of the market, but provide reasons why the trajectory is somehow artificial.

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Sales Pre-approval Fixed-rate mortgage MLS 69

Toronto Realty Blog

MAY 8, 2023

Five weeks ago, I wrote this in a TRB blog post: Raise your hand if you think that $1,095,617 average sale price from February is going to surge? I’m predicting it’s up at least 4.0%, month-over-month, which would take it to $1,140,000. from February to March; not 4.0% as I predicted. the next month, may I claim credit?

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Sales As-is Marketing Agents 83

Toronto Realty Blog

APRIL 10, 2023

In early 2022, we saw back-to-back 7% increases in month-over-month TRREB average home price, and having gone from $1,157,849 to $1,334,554 in sixty days, it should come as no surprise that the market ran out of stream. Coming into January of 2023, I kept saying, “If there’s product out there, this market is going to move !”

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Sales Marketing As-is Short sale 65

Toronto Realty Blog

DECEMBER 14, 2022

I hope you enjoyed that “trip down memory lane,” as Marina so eloquently put it, with the Top Five Blog Posts of 2022 in Monday’s post. Believe it or not, this is the eighth year I’ve been working with this format; the top five blogs followed by the top five posts. TorontoRealtyBlog. 3) The Rental Market.

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Development Purchase and sale agreement As-is Marketing 81

Toronto Realty Blog

MARCH 6, 2023

I could have called this blog post, “Don’t Call It A Comeback,” but I’ve used that before. The market has moved since then. “Yeah, of course,” I replied. “The market has moved.” ” “The market has moved up ?” But everybody knows the song!

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Sales Marketing As-is Agents 77

Toronto Realty Blog

MARCH 17, 2023

Those who love stats will have a field day whereas those who like MLS Musings will skim to the bottom to convince themselves they read this. What was the largest peak-to-trough move as a percentage? Where are we today based on that market peak in February of 2022? Using the overall market peak of February, 2022, we see a 17.9%

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Marketing MLS As-is Closing 80

Toronto Realty Blog

DECEMBER 6, 2021

But I still hope he doesn’t… I’m a self-described stats nerd. I keep stats on things I don’t even care about. I just love stats. That’s probably why I love digging into these TRREB stats at the start of every month. That’s, surprisingly, up from October by 0.7%.

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Sales Marketing As-is Closing 80

Toronto Realty Blog

JANUARY 16, 2023

It has an unlimited number of possible meanings, from anti-war sentiments, to statements on society, to thoughts on a break-up, to early childhood experiences, and more. Here’s a refresher on the TRREB average home price: As we know, the average home price in the GTA increased 7.3%

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Sales Marketing As-is Title 77

Toronto Realty Blog

JANUARY 4, 2021

As I wrote in my year-end blog, my wife and I had consulted with our family doctor and resident COVID expert to put together a plan enabling us to see my mother over the holidays, and thus I haven’t been “out there” in eighteen days. ” How in the world did I get 2 1/2 weeks off?

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Sales As-is Marketing Closing 126

Toronto Realty Blog

AUGUST 9, 2021

That night, or the next night, I have that miserable sleep, and the following night, I wake up six times covered in a cold sweat. TRREB couldn’t have published these stats last Wednesday, right? Many of us, myself included, figured that the market would take a pause and then slowly move forward.

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Sales Marketing As-is Investor 94

Toronto Realty Blog

APRIL 7, 2021

I suppose I could have titled this entry, “The Inevitable April Stats Blog,” but what fun would that be? Plus, you all know that each and every month, I write a post about the TRREB stats and what they mean for the market, so pointing out the inevitability is moot. Appraiser is licking his chops.

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Sales Marketing As-is Title 84

Toronto Realty Blog

JUNE 6, 2022

Let’s start today’s blog post with a quote: “This is going to be 2017 all over again.” We know that it has declined from February with respect to both prices and sales, but it’s always much easier to define a market several months later, looking back, than it is in that very moment. ” ~Nobody.

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Sales Fixed-rate mortgage Lending Marketing 93

Toronto Realty Blog

FEBRUARY 7, 2022

Where was I, and what was I doing when I heard that the January, 2022 TRREB stats were released? “The TRREB stats are out,” he told me, last Thursday afternoon, “And they’re…… interesting.” So by November, the average home price was up almost $200,000. I was driving.

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Sales Marketing As-is Closing 101

Toronto Realty Blog

SEPTEMBER 7, 2021

” Times have changed, most certainly, and whereas we used to think of the fall season and conjure up thoughts and images of fallen leaves, corn mazes, and pumpkin patches, we find ourselves here in 2021 where it’s all about who might have a cold. The Liberal government has come up with some interesting ideas.

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Marketing As-is Land Brokerage 97

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. There are always ups and downs here.

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Pre-approval Construction Development Agents 82

Toronto Realty Blog

MAY 10, 2021

Quite the interesting week on Toronto Realty Blog! Well, for me , at least… The main character of Monday’s blog found my post, took issue with it, and then told me, “You have one hour to take that down, or I’ll file a RECO complaint.” ” Imagine that, eh? ” Perfect. from March to April.

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Sales As-is Marketing Agents 67

Toronto Realty Blog

JANUARY 11, 2021

I want you to remember this blog post, and where you first heard what I’m about to say. Some, because these sentiments don’t jive with your goals for the market moving forward. It was the same feeling I had in early 2017 when I said, “Something is up. TorontoRealtyBlog. Same old, same old, right? 1,230,000?

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Sales Marketing Agents As-is 70

Toronto Realty Blog

SEPTEMBER 10, 2020

Every real estate agent can customize his or her TRREB home page according to the areas that the agent follows. Here’s a screenshot of my TRREB home page from Tuesday night: . 2) The average condo price in August of 2020, of $673,174, is 6.8% lower than during the “peak” of February, 2020.

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Marketing Sales As-is Agents 69

Toronto Realty Blog

MARCH 29, 2021

It recovered in multiple segments here in Toronto by year’s end, although some of the stats took until 2020 to catch up. I think many of us just gave up on the idea that this guy actually knew, at any point in the last twenty years, anything that would or could happen in any market. Alright, fine. The bubble.

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Marketing Banks As-is Finance 126

Toronto Realty Blog

FEBRUARY 8, 2023

TorontoRealtyBlog You know, when I sit down to write these stats blogs at the start of every month, I don’t always know what I’m going to say… The truth is, I let the data write the post for me. What shocked me about the stats presented in Monday’s blog was that the 416 average condo price dropped 4.1%

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Sales As-is Marketing Construction 78

Toronto Realty Blog

SEPTEMBER 10, 2020

Every real estate agent can customize his or her TRREB home page according to the areas that the agent follows. Here’s a screenshot of my TRREB home page from Tuesday night: . 2) The average condo price in August of 2020, of $673,174, is 6.8% lower than during the “peak” of February, 2020.

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Marketing Sales As-is Agents 52

Toronto Realty Blog

DECEMBER 16, 2020

Not only are my fingers tired from writing Monday’s blog, but also from hand-writing three-hundred Christmas cards! And lots of links to blog posts in each section too. I almost think the 2020 version will be boring when lined up against those beauties, but you guys can let me know. TorontoRealtyBlog. Yes, I do that.

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Purchase and sale agreement As-is Marketing Banks 83

Toronto Realty Blog

JANUARY 6, 2021

Let’s pick up right where we left off, shall we? from February to November, despite the average TRREB sale price being up 5.0% To be fair, we saw a massive increase in condo prices in January and February of 2020! TRREB: November, 2019: $843,637. in the same time period.

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Fixed-rate mortgage Banks Lending Mortgages 119

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! No kidding around here, I actually was set for bed around 10pm, going to be a good husband and father and all that, going to bed early and waking up with energy.

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Fixed-rate mortgage Banks Mortgages As-is 98

Toronto Realty Blog

MAY 2, 2022

If you’re a long-time blog reader, you’ve heard this story from me before, but here goes… As a child of the 1980’s, one of the most exciting excursions for a kid my age was going to “the downtown.” Take a look this: The words “up to” are clear, but not as clear as the giant 70% OFF.

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As-is Marketing Construction Residential 81

Toronto Realty Blog

NOVEMBER 11, 2022

On the one hand, it’s of incredible importance not just for our neighbours to the south, but essentially for how the world will continue to evolve and take shape moving forward. I finally came up for air, er, news , on Wednesday morning, but I was very strategic in how I obtained it. I don’t blame either side.

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