Jeanette Grant
  • Jeanette Grant
  • 24 November 2016

Here we go. The Santa Claus Parade i s the definitive Toronto tradition and if that didn`t signal the start of winter then this week`s little blast of cold air sure did. Despite the temperature drop there is no sign that the real estate market is slipping into hibernation just yet. We know there are many frustrated buyers out there but we would encourage them all to keep looking. If you are contemplating putting your buying intentions on hold you will pay the ultimate price when prices escalate in the Spring...just like they did last year.

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  • Jeanette Grant
  • 22 September 2015

Two weeks ago we witnessed a tsunami of new listings in downtown Toronto but a relatively lackluster sales performance left us feeling kind of empty. We made the bold statement that perhaps the reason sales were so low was because most of the new listings were holding back offers until the following week.

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  • Jeanette Grant
  • 31 August 2015

In the condominium sector new listings have remained relatively unchanged over the last week while sales are down a little over 10% (from 200 units to 181 units). Sales at or above the list price are currently at 16.6% which is a solid indicator that the condo market is trading well. In the central core we noted a significant increase in luxury condos coming to market last week while there was a decline in number of mid-priced listings ($400k to $700k).

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  • Jeanette Grant
  • 27 July 2015

There are two simple truths that we learned last week; Kanye West is NOT a Canadian and Toronto’s real estate market turned in another gold medal performance. Sure, things are slowing down a bit but that’s more a seasonal tendency. What catches our eye is the fact that while listings are way down in both the freehold and condo sectors, sales are only down a little.

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  • Jeanette Grant
  • 30 June 2015

After hitting nearly 500 new freehold listings in early May, things have slowed down as we enter the traditional Summer market. Last week we dropped to just over 300 new listings. I t seems that buyers are s t i l l out in full force however as sales increased by 5% last week. We found i t interesting that sales at or above the list price tapered down to 53.8%, one of the lowest numbers this year. We expect that sales may under-perform during the month of July thanks to the Pan Am Games but demand will not slow down. This should make the fall market exceptionally busy.

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