This section features the latest graphics (**SCROLL DOWN PAST THE ARTICLES FOR THE LATEST STATS**), Market analysis articles and links to stories and opinions from the news media outlets and some of the best voices in our industry. The primary focus of this page is homes and condominiums in Toronto and the GTA. This is a VETTED list of articles and news stories - I have featured these here because I feel that they are "good reads"! Enjoy!
Up to Date featured Articles and Opinions - Click on the Title! (Newest appear at the top of the list)
The realities of unconditional (FIRM) offers (Feb 2022)
Status Certificates and Maintenance Fees (Jan 2022)
The January 2022 monthly stats are in and they are blowing my mind! (and this graphic is so PINK! YEAH!)
Overall number of transactions held steady from December 2021 into January, due in part to low inventory levels and buyer fatigue.
Many sellers are a little hesitant to sell, and then in most cases, they are not able to make a lateral move with that same money/equity. In all cases, housing type average values increased.
Case in point, Detached homes in the 416 went up ALMOST $200,000 on average, from December 2021 to January 2022 - WHAAAAAT
Not in the graphic but just as important:
Semi detached homes Average price: $1,471,535
(continues to climb month-by-month)
Price % over December 2020: 37.3%. This is STAGGERING.
The overall GTA (416/905) combined average for detached homes is $1,741,318 and $748,566 for condos.