A century-old detached house in Toronto’s emerging Leslieville neighbourhood recently sold for $1.04-million, $140,000 more than the asking price of $899,999. From these numbers alone, anyone who has recently tried buying real estate in Canada’s largest city will know why that happened: a bidding war. With the Leslieville example just the tip of the iceberg, […]
Archives for April 7, 2016
Shortage of listings – one key factor driving Toronto, Vancouver home prices
The Toronto and Vancouver housing markets are experiencing “historically low supply,” according to National Bank Financial – and it’s putting upward pressure on already frothy prices. Metro Vancouver closed the first quarter with 7,358 properties for sale, a 40.5-per-cent decline from March of 2015. Active listings in Toronto fell by 20.7 per cent in March […]
Sick of Winter? Kick the Blahs to the Curb
Sick of Winter? Kick the Blahs to the Curb Even though it has been an unusual winter across much of Canada, spring is on the horizon. But until it’s official, we’ve listed a few of the good things to come. Spring forward The second Sunday of March most of us will spring forward. […]