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Braden’s Blog

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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TORONTO REAL ESTATE MARKET REPORT MARCH 2017

March residential resale numbers were staggering, in every category. More than 12,077 homes changed hands in March, up almost 18 percent compared to the 10,260 that were reported sold last year. In comparing 2017 against 2016 it must be remembered that 2016 smashed all records for residential resales. The most daunting statistic emerging for March’s […]

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TORONTO REAL ESTATE MARKET REPORT FEBRUARY 2017

The question that economists, journalist, politicians and realtors are all asking is: What’s happening to the Toronto real estate market? What they are discovering is that there are no easy answers to this question. What’s prompting the question is the most recent residential resale data for the month of February. In February, there were 8,014 […]

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TORONTO REAL ESTATE MARKET REPORT JANUARY 2017

The Toronto and area residential resale market picked up where 2016 ended. In fact it accelerated the pace of sales we witnessed in December. This is unusual behaviour for the market in January, usually a slow month, as buyers and sellers kick out the holiday season cobwebs. But these are unusual times, very unusual times. […]

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Toronto Real Estate Market Report December 2016

Toronto Real Estate Market Report December 2016 Another record breaking year for the Toronto and area residential resale market. In 2016 113,133 properties were reported sold. This number shattered the previous record of 101,213 properties sold in 2015. That makes two consecutive years in which Toronto and area sales have exceeded 100,000. Prior to 2015 […]

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