April 2011 – Sales booming, prices steady in The Beach

Gardener's Cottage, Kew Gardens

In April, homes sold fast and in large quantities in east Toronto, although prices remained fairly stable. Bidding wars were commonplace as demand exceeded housing supply in The Beach, Upper Beach, Riverdale and East York. TREB district E02, the area defining The Beach and Upper Beach, posted a whopping 116% sales to active listing ratio,… Read More

March 2011 – Home sales spring upwards in The Toronto Beaches

Pete Mahovlich's Stanley Cup winning Canadiens jersey hangs above Leaside Arena

Spring has sprung in Toronto’s 2011 real estate market, with more homes for sale – and selling quicker – compared with the past two months. March is typically a strong month as better weather and March Break brings more homebuyers and homesellers into the market, and this year was no exception. All neighbourhoods in east… Read More

February 2011 – It’s a seller’s market again in the Toronto Beaches

Ice formations in The Beach

Moderate supply and strong demand for properties gave sellers the upper hand in The Beach and Upper Beach last month. We’ve seen this play out firsthand with our clients in the form of bidding wars and multiple offers. A similar story occurred in Riverdale, Leslieville and downtown Toronto, where lower inventory brought their markets into… Read More

January 2011: Home sales down, prices up in The Toronto Beach

Northern Spirit ship at Queen's Quay

Maybe it is the biting cold weather we’ve been having, but Toronto’s housing market started out sluggish as we ushered in a new year. Real estate sales in East Toronto followed this trend. There were 16% less transactions in E02, the district defined by The Beach, Upper Beach and east Leslieville last month compared to… Read More

December 2010: Housing prices stay steady in The Beach during holidays

Coming in from the cold on the Starbucks in Greektown, The Danforth

We hope you had a great time this holiday season. The real estate market here in The Beach, Leslieville, East York and Riverdale has just finished off a respectable year, especially considering the challenges it encountered this year. In December, the neighbourhoods in East York, The Beaches and Riverdale continued to sustain balanced markets where… Read More

November 2010: Housing market picks up in east Toronto

Lake Ontario at dawn - before the snow

There seems to have been some last minute holiday shopping in the real estate markets in East York and The Beach, which rallied slightly in November. While the average Days on Market – the time it takes for properties to sell – has increased month over month in most east Toronto districts, median prices remain… Read More

October 2010: A respectable real estate harvest

percentage_of_sales_to_active_oct2010

Experienced real estate professionals and investors know that the autumn real estate market is often more active than the summer but less than the spring, and 2010 is turning out to be no exception. E01 (Riverdale, Riverside) was the most bullish thanks to very strong sales for semi-detached dwellings.  All other sectors in Toronto east… Read More

September 2010: Fall housing market makes modest gains

Chatelet and Japango

Slow but not low – that’s how we would describe the real estate market for September in east Toronto. Home sales rebounded slightly from a cool summer, which is inline with the seasonal market for 2008 and 2007 but well off the peak of 2009.  Prices remained fairly stable while the number of homes for… Read More

August 2010: Summer real estate in The Beach slow but steady

Kew Beach

August often means the same thing for kids and real estate buyers: one more month to relax before getting busy again in the fall.  Over the summer the housing market in the Beach has been in line with the normal seasonal slowing cycle for this time of year.  The fall market is expected to pick… Read More

July 2010 – We have reached the floor in the Toronto real estate market

The Paw Shack

It’s true, the Toronto real estate market continues to cool, but there are three important things to remember about buying and selling homes. For those of us who have been around the real estate market for years, we know the market is seasonal. The summer is traditionally not as lively as spring or fall since… Read More