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The Benefits of Selling a Home in the Winter November 18, 2023 Many people assume that selling a home in the winter is not the most ideal, but this perspective overlooks the unique opportunities that the season can bring. Far from being a liability, the winter months offer specific market dynamics that can play to your advantage. Rather than viewing winter as a period to endure or […] Read More
Canadian and Toronto Luxury Real Estate Fall 2023 Report November 9, 2023 As Canada’s housing market continued to wrestle with the challenges of elevated mortgage rates, uneven economic performance and intense geopolitical turbulence, reviving luxury single family home sales in the third quarter of the year revealed the relative resilience and adaptability of luxury real estate buyers, as well as Canadians’ unwavering desire to attain home ownership. […] Read More
October 2023 Toronto Resale Home Report November 4, 2023 Lack of affordability and uncertainty remained issues for many would-be home buyers in Toronto in October 2023. As a result, sales edged lower compared to last year. However, selling prices remained higher than last year’s levels. Record population growth and a relatively resilient Toronto economy have kept the overall demand for housing strong. However, more […] Read More
September 2023 Toronto Luxury Home Resale Report October 10, 2023 The impact of high borrowing costs, high inflation, uncertainty surrounding future Bank of Canada decisions and slower economic growth continued to weigh on Toronto luxury home sales in September. However, despite the market being better-supplied with listings, the average selling price was up year-over-year. The short and medium-term outlooks for the Toronto luxury housing market […] Read More
Toronto Luxury Home August Resale Statistics Released September 13, 2023 Higher borrowing costs, continued uncertainty about the economy and Bank of Canada decision making, and the constrained supply of listings resulted in fewer home sales in August 2023 compared to August 2022. The average selling price remained virtually unchanged over the same period. On a seasonally adjusted monthly basis, sales and average price edged lower. […] Read More
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