Blog & News

Condo sales up more than 20% as GTA real estate sales dip

Toronto’s real estate market continues to evolve after a tumultuous year for home and condo sales in the city. While the Toronto Real Estate Board (TREB) reports that condo sales are up more than 20% from last September, overall sales were down by 35%, even as listings were up 9.4%, and the overall price of homes is also on the rise.

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AG Fine Living Market Blog launches this week

This week the newsletter is getting a makeover as I launch the AG Fine Living Market Blog! The brand spanking new newsletter will offer the same news, real estate tidbits, and interesting stories about the market in Toronto that you’re used to, but with a fresh look.

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Weekly Communication # 6 / 2017 – New Measures introduced to cool GTA housing market!

The last 5 months have been unprecedented in the GTA real estate market. A sharp spike in pricing (not really rooted in any logical past sales) has led to all levels of government to seriously look at implementing “cooling measures”. Over the last 15-20 years the market has been increasing at roughly 5-8% annually. We are now seeing a 28%- 33% price increase year over year. The average price of a Toronto (416) detached home is now just under $1.6 million. This type of market activity is truly concerning. Sales volumes also increased by 18% vs same time last year.

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Weekly communication # 5 / 2017 – We finally moved into our new home!

We FINALLY moved in last Thursday evening for our first sleep in the home. It was 2 years ago that we moved out of our old home and 1 year and 8 months since construction began. It’s also worth mentioning that their was about 8 months of pre-construction planning that went into the whole endeavour.

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Weekly Communication #1 – 2017

Good morning everyone and hope you are having a great start to 2017. This communication has a lot of interesting news and views of the year just past and the year ahead in terms of real estate. The real estate market has not taken a break and 2017 is poised to be another frenzied year….

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