Toronto Market Report - February/March 2021
Posted on Mar 10, 2021 in Market Report
SALES COMMENTARY
Record home sales continued in February with sales 52% higher than in 2020. The 10,970 sales are equal to the peak of a normal spring market. February also recorded 15,137 ‘new’ listings, but by month-end there were only 8,727 ‘active’ listings – under a one-month supply.The condo market also joined the party. Condo sales this Febru...
The Polo Club
1055 BAY STREET
Posted on Mar 09, 2021 in Condo Building Reviews
One of the older condo buildings in Toronto (built in the eighties), is 23 stories and has 336 units. These units have 8 ft. ceilings and no balconies. These are not features that appeal to young buyers. What it does have is a superb location near universities and hospitals and sits just south of Yorkville. Are there any deals to be found in older...
Toronto Market Report - January/February 2021
Posted on Mar 01, 2021 in Market Report
SALES COMMENTARY
The year started off much like 2020 ended: with sales and prices rising to record levels. Even condos and in particular Downtown condos, joined the market upswing. January sales at 6,900 units were 52% higher than last January. Average prices were up by 15% over January of last year too! So, let us address why real estate has been so...