March 2018 Toronto Sales by Type of Home

09 March 2018
Armand Gilks

As the following stats clearly show, housing prices are well below last year and returning to about the same levels from 2016. The exception was the condo market, where although sales have declined, prices have continued to post strong gains. This is a reflection of the lack of afforfability for houses driving buyers to the condo market, a trend that we will likely see conitinue for at least the next 6 months.


March 2018 Toronto Market Update

09 March 2018
Armand Gilks

Aaah. The headline writers are having a field day. There is nothing they like more than a changing real estate market. So let's try to look past the headlines and share some important information about where we may be heading. We are seeing some major shifts when we compare this Jan and Feb with last year. But, please keep in mind that the spring market last year was an anomaly that only comes around probably once or twice in a lifetime


March2018 Toronto Update

09 March 2018
Armand Gilks

Aaah. The headline writers are having a field day. There is nothing they like more than a changing real estate market. So let's try to look past the headlines and share some important information about where we may be heading. We are seeing some major shifts when we compare this Jan and Feb with last year. But, please keep in mind that the spring market last year was an anomaly that only comes around probably once or twice in a lifetime.