Condo Market Report April-March 2019

19 March 2019
Remax-Condos-Plus

The Most up-to-date info on Toronto's Real Estate Market. February sales as reported by the Toronto Real Estate Board were Disappointing, Lower than February of Last Year. This was Not the Start that Most People Were Expecting.


AI In Real Estate

05 March 2019
Remax-Condos-Plus

Artificial Intelligence is sweeping across most industries, and that also includes Real Estate. How will the future of A.I. effect the Real Estate Market?


Why Assignment Sales are Making a Comeback

25 February 2019
Remax-Condos-Plus

Assignment sales were a hot subject just a few years ago. Assignment sales, usually for new condos, take place when a Buyer sells their interest in a property BEFORE they take title through registration. They were popular until Revenue Canada stepped in to rule that these sales were not subject to Capital Gains but instead should be taxed as income. So, why are Assignment Sales making a comeback?


Condo Market Report February-March 2019

14 February 2019
Remax-Condos-Plus

Sales for January of this year, started out very similar to those of January in 2018. Our Forecast last month said that ‘what you saw in 2018 is what you will get in 2019’ and the first numbers seem to support that. Sales and ‘active’ listings on TREB were unchanged from those of a year ago. While real estate sales are seasonal, we have also made the case that sales are ‘weather dependent’.


2019 Pricing Predictions for Toronto Real Estate

24 January 2019
Remax-Condos-Plus

Looking at the GTA we broke down our forecast of price by changes in geography, property type, and price range. Here's our look at what you can expect for prices in 2019 in the GTA, starting from the strongest to weakest markets.


Who Really Pays the Commission?

11 December 2018
Remax-Condos-Plus

When you go to sell your property, who really pays the commission? Most owners think they pay the commission. That's why the first thing they do when they meet an agent to list their property, is to negotiate the commission as low as possible.


Ask Allistair: Marijuana Use in Rental Properties

21 November 2018
Remax-Condos-Plus

What does the legalization of marijuana mean for Ontario tenants and landlords? We asked an expert on whether or not tenants can smoke in their units and the legality behind Landlords filing for eviction.


Condo Market Report November-December 2018

16 November 2018
Remax-Condos-Plus

Sales on the Toronto Real Estate board for October were better than expected. At 7500 units, it was 6% higher than October of last year, and 16 % higher than September. While October is usually the busiest month of the fall market, we recorded 9700 sales in October of 2016.


Part Time Agents

09 November 2018
Remax-Condos-Plus

As of October 4th, Winnipeg Realtors can now have another job aside from selling real estate after members of WinnipegRealtors approved an amendment to a longstanding bylaw.


The Importance of Pricing Your Property

01 November 2018
Remax-Condos-Plus

For the past few years the list price strategy for most agents was to underprice a property. That did not take much skill, the further under market it was listed, the more it went over the list price. Any agent can do that .Today, potential buyers have grown tired of looking at unrealistic prices and competing with multiple buyers.