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CONSUMER INFORMATION

January 2019

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Dear Friend, The Toronto Real Estate Board finished off 2018 with 3,780 sales, a little bit less than the 4,500 I predicted, and that was accompanied by 31.5% fewer new listings than December 2017, a sign that tight market conditions will continue in many neighborhoods. The Toronto market remains price segregated, with luxury properties, those…

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November 2018

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November 2018 Dear Friend, Experts predicted that October 2018 would have fewer sales and more homes available for sale than October 2017. It came as a surprise when the opposite occurred!  The 7,492 homes sold by Toronto Real estate Board members was 6% more than October 2017, and prices increased by 3.5% year over year.…

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April 2018

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Dear Friend, Toronto Real Estate Board members reported 7,228 residential sales in March and a listing stock of 15,971 listings as we head into Toronto’s Spring Market. While the numbers are lower than the same period last year, they are still indicative of a healthy real estate market. The low listing inventory compared to the…

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November 2017

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Common Household Items that Can Cause a Fire You never want to smell smoke in your home and realize there’s a fire. That’s why it is important to be diligent about fire safety. Experts recommend that homeowners be especially careful with the following common household items: Portable heaters. Never leave one in a room unattended.…

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October 2017

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Dear Friend, The 6,379 TREB sales in September, while not the 9,800 of a year ago, are a good indication that the market is healthy and that there is strong demand for homes. Unfortunately our society is one of the following others, and so quite a number of people who were prepared to pay unreasonable…

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AUGUST 2016

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AUGUST 2016 Dear Friend, While the Toronto real estate market had another record month with sales of 9,989 homes, (best July in history) and the average sale price rose to $718,422, the big news for the Toronto market actually came from Vancouver. The BC Liberals passed a new 15% tax on foreign buyers as part of…

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MAY 2016

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The Toronto real market continued its torrid pace with the sale of 12,085 homes in April, the best April in the 100 plus year history of the Board, and up 7.4% over April 2015. While the average price in all of the Toronto Real Estate Board marketing areas for all types of residences now stands…

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APRIL 2016

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Making “Neighbourhood Targeting” Work for You Imagine if you dreamed of owning a special limited edition vehicle. What would you do to ensure that your dream vehicle would someday be parked in your driveway — with your name on the ownership papers? You would probably start by doing some research. You’d find out how much…

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MARCH 2016

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Surprising Ways Buyers Find Homes Do you ever wonder how most people find the homes they eventually buy? You might imagine them driving by a “For Sale” sign or seeing a home for sale in the newspaper and then calling to enquire. Of course, many buyers find out about listed properties that way. But, according…

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FEBRUARY 2016

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How the Wrong Pricing Strategy Can Cost You Thousands As you’re probably aware, the list price you set for your property has an impact on how quickly it sells — and how much you earn on the sale. What you may not realize is just how significant an impact it has. Consider the following examples.…

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