Toronto Condo Market Report October-November 2019

17 October 2019
Remax-Condos-Plus

September was another solid month for sales, which clearly confirmed the upward market direction of this market. Sales were 22% higher than for September of last year. But this number is also slightly below the peak September years of 2016 and 2015.


Toronto's Real Estate Bubble

03 October 2019
Remax-Condos-Plus

Do you know what a real estate bubble is? Can you predict one? Several so called experts have written books on the subject. All predicting the coming crash.


Toronto Condo Market Report September-October 2019

19 September 2019
Remax-Condos-Plus

TREB reported 7,711 sales for August. We would describe this number as a return to more ‘normalized’ sales levels. While sales were lower than July, this is in-line with seasonal sales figures. We would also expect that September sales would be slightly lower again, before an uptick in October.


5 Tips For Buying a House in Toronto

04 September 2019
Remax-Condos-Plus

There are Tons of Articles That Offer Advice and Tips for Purchasing a Home. All Completely Useless When You're Looking In The Toronto Market. So, Here are our Personal Tips for Buying a House in Downtown Toronto from those who have actually been in the trenches.

  Buyers

The Future of Canadian Interest Rates

27 August 2019
Remax-Condos-Plus

Did you know that the entire yield curve in Switzerland is at negative interest rates? What does that mean for Canada and Canadian real estate?


Toronto Condo Market Report August-September 2019

20 August 2019
Remax-Condos-Plus

TREB sales for July at 8595 units were 24% higher than July of 2018, and 46% higher than in July of 2017. Sounds impressive but July sales in 2016 and 2015 were actually 15% higher than in 2019! The real takeaway is that the summer/seasonal drop in sales from June to July was only 3% in 2019. That is the lowest drop in the last five years and a strong indicator that the Toronto real estate market is on solid ground


What to Look Out For When Selling a Tenanted Property

07 August 2019
Remax-Condos-Plus

Don't Sell Your Tenanted Property Without Knowing This First! For investors selling a property with a Tenant can be dangerous. It can also be expensive. Let us explain...


What Does Irrevocable Mean?

23 July 2019
Remax-Condos-Plus

Irrevocable means just that, when you make an offer, it's out there, until the time it expires.


Condo Market Report July-August 2019

17 July 2019
Remax-Condos-Plus

June sales on TREB were 8860 units. Even though they were 10% higher than June of last year, we now know how this year will unfold. May will be the peak sales month this year, and we will finish the year with 84,000 sales – 8% higher than 2018 and slightly less than 2010!


Why Time is Critical in Real Estate

10 July 2019
Remax-Condos-Plus

'Time is of the essence' rules most of our lives, but it is critical when it comes to real estate. In fact, this exact clause appears as part of the agreement of purchase of sale.