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Braden’s Blog

TORONTO REAL ESTATE MARKET REPORT OCTOBER 2017

    The Toronto residential resale market returned to form in October. It returned to where it should have been before the frenzy set in at the beginning of this year and buyers began competing for properties indiscriminately and paying unreasonable prices. Price increases of 30 percent on a year-over-year basis are simply unsustainable. Even […]

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TORONTO REAL ESTATE MARKET REPORT SEPTEMBER 2017

    The monthly average sale price had been on a downward spiral ever since the provincial government announced the introduction of a 15 percent foreign buyers tax on April 20th. In September the average sale price came in at $775,546. September’s average sale price was 6 percent higher than August’s average sale price, and […]

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ST REGIS TORONTO LUXURY CONDOS NOW AVAILABLE

THE “ASTOR” COLLECTION   Contact for more details: 416-294-3776  or  braden@chestnutpark.com   Contact for more details: 416-294-3776  or  braden@chestnutpark.com Contact for more details: 416-294-3776  or  braden@chestnutpark.com Contact for more details: 416-294-3776  or  braden@chestnutpark.com         THE “RESIDENCES” COLLECTION       Contact for more details: 416-294-3776  or  braden@chestnutpark.com Contact for more details: 416-294-3776  […]

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PROPERTY SPOTLIGHT 14 SOUTHLEA, LEASIDE, TORONTO (SOLD)

14 Southlea Avenue, Leaside   Gracious “centre hall” residence nestled on a 45′ west facing lot in one of Leaside’s most coveted enclaves. Currently over 3000 sq ft of living space including elegant principal rooms, over-sized eat-in kitchen, large family room with walk-out and access to the mudroom & garage. 4 bedrooms, 3 bathrooms, finished […]

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TORONTO REAL ESTATE MARKET REPORT AUGUST 2017

There were no surprises in the market data for the month of August. It was expected that as compared to last year the number of reported sales would be down, and that the average price from residential resale properties in the greater Toronto area would once again decline. There were 6,357 properties reported sold in […]

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TORONTO REAL ESTATE MARKET REPORT JULY 2017

It is safe to say that the lull in the Toronto and area residential resale market is not due exclusively to the summer doldrums, although the seasonal slowdown that happens every year in July and August is no doubt adding to the slow market. In July, 5,921 residential properties were reported sold for the greater […]

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AFFORDABLE YORKVILLE LUXURY RENTALS AVAILABLE (Two St. Thomas Street)

                        Two St. Thomas is the stunning result of  close collaboration between  Bentall Kennedy and Kingsett Capital, two of Canada’s most respected real estate companies. Both Bentall Kennedy and Kingsett Capital are dedicated to setting the standard of rental residential accommodation with Two St. […]

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TORONTO REAL ESTATE MARKET REPORT JUNE 2017

  June’s residential resale market data is as bewildering as the data was in May. The attention-getting news is that sales were lower by 37.3 percent compared to sales achieved in June 2016. Last year 12,725 properties were reported sold. This June only 7,974. Normally when sales are off by almost 40 percent other key […]

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TORONTO REAL ESTATE MARKET REPORT MAY 2017

There have been a number of changes in the Toronto and area residential resale market in the last two months, and yet in many ways it continues to resemble the market that had politicians and economists expressing sustainability concerns in February and in March. How is the market different? It can be summed up in […]

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TORONTO REAL ESTATE MARKET REPORT APRIL 2017

The Toronto and area marketplace behaved uncharacteristically in April. For the first time in many years the number of sales this month was fewer than the number of sales reported in the corresponding month the year before. In April there were 11,630 sales of residential properties in the greater Toronto area, a 3.2 percent decline […]

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