Toronto housing market sizzling again

Toronto housing market sizzling again

October existing home sales in the greater Toronto area market soared 17.5% from a year ago, the Toronto Real Estate Board says. The Toronto market numbers have been credited with boosting the national average price at a time when the Vancouver market has slowed. TREB said the average sale price in GTA reached $478,137 last… Read More

September off to good start for house sales

September off to good start for house sales

House sales across the GTA are off to a good start in the first two weeks of September, with sales up 25 per cent and listings up 14 per cent over the same period last year. The average selling price was $454,194, an increase of 11 per cent over the same period in 2010, according… Read More

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

Should discount brokerages be allowed to operate all across Canada?

Real Estate Sign

There’s a new fight over flat fee MLS listings. Several flat-fee real estate listing companies have appealed to the Competition Bureau, accusing the provincial real estate boards of preventing them from operating across Canada. After the Competition Bureau and the Canadian Real Estate Association brokered a deal to allow agents to charge only a nominal… 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

Realti.ca – a free Toronto real estate tool by O’Neill Real Estate

Realti.ca - a free Toronto real estate tool by O'Neill Real Estate

Pop quiz: what is the #1 question you ask when looking at a house? Chances are, whether you are an investor, homeowner or home buyer, you are going to ask “How’s the real estate market in my neighbourhood?” To help answer this question, we at O’Neill Real Estate built a neat real estate tool called… Play Video

Toronto Beaches real estate market update, January 17, 2011

Episode 374 - Toronto Beaches real estate market update, January 17, 2010

Episode 374 of the Toronto Real Estate Musing daily video blog. Properties Sold Detached: 0 Semi-detached: 2 Townhouses: 0 Condos: 0 Median Sold Price (30 day moving average) Detached: $642,500 reported this period; compared to $568,500 last year during same period Semi-detached: $443,500 reported this period; compared to $513,500 last year during same period Townhouses:… Play Video

Toronto Beach real estate market update, January 9, 2011

Episode 371 - Toronto Beach real estate market update, January 10, 2011

Episode 371 of the Toronto Real Estate Musing daily video blog. For Week 1 for this analysis for TREB district E02, we are experimenting with a new format. Let us know what you think! Properties Sold Detached: 8 Semi-detached: 9 Townhouses: 0 Condos: 1 Median Sold Price (30 day moving average) Detached: $609,900 reported this… Play Video