The Fall Market Has Arrived

Overall, the Toronto area market continues to follow the trend established early this year, a trend very similar to what we saw for more than 15 consecutive years before last years ‘bubble and burst’: slower in December/January and July/August, and strong from February through June and from September through November. Right on cue, September average… Read More

How To Make A Small Space Feel Larger

Pages of glossy magazines are often filled with immense rooms and oversized spaces full of grandeur and twelve-foot ceilings. But the truth is that most of us live in houses, apartments or townhomes built on a much smaller scale. When faced with the size of some of these tiny rooms, it’s easy to get frustrated… Read More

Home Sellers: The Curse Of The First Offer

Sometimes when everything goes right we have trouble accepting that fact. Perhaps nowhere is this phenomenon more clearly illustrated than in the case where a seller receives a good offer right away. The annals of real estate are well stocked with stories of sellers who refused to take a good, but not perfect, first offer,… Read More

Highlight Specialty Rooms When Selling Your Home

Many homeowners understand the importance of making their kitchen, master bedroom, and bathroom stand out when it comes to selling their homes. But helping buyers see other areas of the home that are designed for special purposes, such as a media room, kids’ study hall, or art studio can also generate a lot of buyer… Read More

Toronto Real Estate Market Following A Smooth Trend

After the tumultuous up-and-down price action that we saw in 2017, the return to a normal seasonal pattern in 2018 has been very welcome. Prices and sales spiked upward in extreme fashion in early 2017 and then, after the Ontario government issued its 16-point ‘Fair Housing Plan’ in April, the bubble deflated rapidly through the… Read More

Toronto Real Estate Board Ordered To Allow Online Access To Selling Prices

Seven years ago, the Competition Bureau challenged the Toronto Real Estate Board (TREB) policy of preventing member brokerages from making information on selling prices available online. TREB’s position was based upon privacy: many sellers do not wish the selling price of their home to be easily searchable online and, in fact, the Real Estate Council… Read More

Three Sanity-Saving Tips For Moving-In Day

No matter how intensely you prepare for moving day, you may still face problems if you overlook three sanity-defeating challenges. Can you and your partner really think clearly when swamped by distractions, exhaustion, and disorientation? If the ramped-up activity of moving day represents less pressure than a typical day for you, you’ll probably find your upcoming move-in… Read More

What Sellers Should Know About Pets And Showings

Buyers and their agents need to feel welcome to look at the property at their leisure without danger or distractions. So while you adore your sweet-tempered pit bull rescue, he could turn territorial, barking and growling at potential homebuyers. And it could cost you the opportunity to sell your home. Think of buyers as guests… Read More

The Dog Days Of Summer Are Upon Us

The summer heat wave in Toronto has brought with it the typical slowdown in the real estate market. Prices and sales in July were lower than in June (as they are every year), though higher than last June. This probably sounds very confusing; the chart below should help to clarify what is going on. As… Read More

New Condo Buyers: Beware of HST and Capital Gains Tax

When a new condo is purchased,  HST of 13% must be paid, as only resale real estate is exempt from HST. In most cases, the builder includes the HST in the purchase price, so the buyer doesn’t have to come up with a huge cash payment to CRA in addition to their down payment. In… Read More