Jason Mercer, TREB’s Senior Manager of Market Analysis, provides his latest market update and outlook through 2013. This update/outlook contains historical analyses and forecasts for TorontoMLS sales and average selling price. A substantial amount of time is spent breaking down market conditions for low-rise and high-rise home types to explain emerging trends for price growth.
November 3, 2012 — Greater Toronto Area REALTORS® reported 6,896 transactions through the TorontoMLS system in October 2012 – a decrease of 7.1 per cent compared to October 2011. There were two more business days in October 2012 versus October 2011. On a per business day basis, transactions were down by 15.6 per cent.* “Sales
When buyers are searching for homes in Etobicoke, they want the most house their money can buy. A large house with a choppy floor plan and small rooms can feel less spacious than a smaller home with an open floor plan. A clean, well-maintained and spacious home is not only more marketable, but can often
When buyers are searching for homes in Etobicoke, they want the most house their money can buy. A large house with a choppy floor plan and small rooms can feel less spacious than a smaller home with an open floor plan. A clean, well-maintained and spacious home is not only more marketable, but can often
Question: I’m thinking about selling my house but don’t want to spend a lot of money on fixing it up. Are there certain improvements I can do that will not break the bank but, will still increase the value of my house? Answer: Yes! There are so many improvements you can undertake that are very inexpensive. With
Greater Toronto Area (GTA) REALTORS® reported 5,879 transactions through the TorontoMLS system in September 2012. The average selling price for these transactions was $503,662, representing an increase of more than 8.5 per cent compared to last year. Click on the latest issue of Your Cizmar Report to see what the market is doing in New Toronto
Sellers must make sure they give their lawyer enough keys to provide access to the buyer after closing.s can go wrong on closing day. If you’re careful and think ahead, you can avoid a lot of anxiety later. Sometimes, though, you have to go with the flow. They only left us one key. The front
Into the first month of the season and I’m really getting back into the full swing of fall! I know I’m not the only one feeling the shift in the energy, do you feel it too? It feels like a bit of excitement mixed with the unknown as we enter into the last months of
Question: According to studies, colds and flu bugs are passed from one person to another more often in the home than in any other location, including school and the workplace. Of food-based bacterial infections, 65% are picked up at home. What can I do to reduce the risk? Answer: Obviously, keeping rooms clean is important. But,
Buying a home in a neighbourhood that is on the upswing can be a very good investment, both financially and in terms of lifestyle. As the area improves, the home values will likely increase. In addition, the people who live there will tend to enjoy their properties and surroundings, and continue to invest in them.
If you plan on putting your property on the market, it can be tempting to list it for a very high price in the hope that some buyer will say “yes”. But that rarely happens. In fact, it is more likely that your property will sit on the market for a long time with no
Question: I’m thinking about selling my house but don’t want to spend a lot of money on fixing it up. Are there certain improvements I can do that will not break the bank but, will still increase the value of my house? Answer: Yes! There are so many improvements you can undertake that are very inexpensive. With