The 2011 Crystal Ball

Barring any major governmental interference or major adjustments in the interest rate (not likely), I anticipate a steady 2011 and a fairly balanced market for buyers and sellers with the typical seasonal patterns. We saw the weather play a big role in the seasonal patterns last year (in addition to the HST) and given the mild winter we’re having, I’m…

A Decluttered 2011

Hi everyone, Mark’s wife, Selene here… It’s kind of hard to focus on your new years’ resolutions when you can’t find your underwear. So before you tackle your big goals for 2011, take crack at decluttering and organizing your home. Here are my top tips that we use every day in our own home to make life just that much…

CMHC: Toronto Housing Outlook

The CMHC just released its forecast for 2011. The overall prediction for the GTA? Certainly NOT the most dramatic year in real estate. According to the CMHC, it will be steady as she goes, in fact the title of their resale section is “Less excitement in store for 2011”. They also predict that we will not have a seller’s market…

Inside the Upper Beach

In addition to our Market Watch and Mortgages feature, we’re doing a monthly focus on neighbourhoods that offer great value and lifestyle. This month we thought we’d start with our home turf – the Upper Beach! A combination of new developments and heritage conservation, we love this area for the quiet, family vibe where ‘game on – game off’ is…

October 2010 Market Watch

Prices are up 5% to $433,729 over this month last year even though the number of transactions is down 20% across the GTA. In the Beach, detached homes sold for an average of $863,562 and the average price of a semi-detached home was $482,562. Let’s take a look at the numbers comparatively from last year to this year both on…