Inside the Toronto Real Estate Market – May 2017

With the news stories flying rampant about the proposed regulatory changes in real estate and housing, we thought it was high time to talk about what’s actually happening in the market right now. Generally speaking, there is definitely a shift in the market, albeit not a massive one.   Before anyone hits the panic button, let’s consider a few things……

Inside the Toronto Real Estate Market – February 2017 Edition

This market might even be more dramatic than the Real Housewives of Toronto. Even we are blown away by what is happening.   An ongoing lack of inventory (down 50.5% compared to February 2016) is continuing to drive prices upwards.    The year over year average price of a Toronto home is up a whopping 27.7%! Of course the big…

Get outta town…What $1M will buy you around the world!

We travelled to Costa Rica last winter.  Guess what real estate agents do on vacation?You guessed it…they look at real estate 🙂 If you wanted to get a little inspiration to see what your hard earned dollar gets you around the world, consider this… For just over a $1M CDN you can be the proud new owner of Canopy House…

Inside the Toronto Real Estate Market – Jan 2017 Edition

Sorry to sound like a broken record but once again, inventory in the real estate market is proving to be a challenge!  The inventory of active listings in January 2017 is half of what it was in 2016 and new listings are down 17.6%. How can we break the stalemate of home owners who want to sell but won’t put their…

How can you fall in love with your home again?

We’ve all done it. You go to someone else’s home or an open house and you think, I wish my home looked like that! Inevitably, life takes over, stuff piles up, the ‘honey do’ list gets longer and longer. When we start our work on a home to get it ready for sale, we take care of every little thing…

Don’t lose your dream home.

What you don’t know could cost you thousands…and even the home of your dreams. Find out what you need to know now from Eric Skogland!   What Buyers Need To Know with Eric Skogland – The Richards Group from The Richards Group RE/MAX on Vimeo.   To connect with Eric: Eric Skogland 647-300-7019 eric@therichardsgroup.ca

Ontario Home Real Estate Trends 2016

What do Ontarians really think of the real estate market?  Check out the OREA Ontario Home Real Estate Trends for 2016! Credit: Ontario Real Estate Association 

It’s the Toronto Real Estate Market Watch

A LOT has been going on in the market with influences from regulatory changes, the political situation in the U.S., foreign buyers in the market.  But what actually made an impact?   Inventory.    We aren’t seen a flood of buyers and investors from the U.S….yet. Regulatory changes impacted certain segments of buyers but not the market in a dramatic…

Toronto Real Estate Market Watch – November

With inventory down nearly 36% from last year, it’s no surprise that the average home price jumped 22.7% in the GTA.  It continues to be a frustrating market for buyers and the stalemate continues…many sellers are afraid to list until the find their next home.   For our team, we get creative with finding our clients homes to deal with…

Toronto Real Estate Market Watch – October

October Home Sales Up Year-Over-Year TORONTO, November 3, 2016 – Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported a record 9,768 sales through TREB’s MLS® System in October 2016 – up by 11.5 per cent compared to October 2015. For the TREB market area as a whole, the largest annual rate of sales growth…