A recent article by The Globe & Mail entitled "Real estate buyers muscle in with heavy demands" presents the notion that buyers are more likely to insert conditions in their offer when purchasing a home in today's slower marketplace.
If you were to believe all of the news articles out there right now, you'd think that the real estate market in Toronto has completely fallen off a cliff. But is it really true?
The condo sector still remains the most active part of the Toronto real estate market with sales in core areas like Harbourfront, Bay St and Church-Yonge St leading the way however the West end is also quite active as well.
The sheer number of condos that were rented in the Downtown core last week was purely astounding. In the Waterfront areas alone, there were 150 condos rented with another 88 being rented in the Bay St corridor.
Here's your quick summary of what's happening to the Toronto real estate market so far this summer.
The landscape of the Toronto real estate market has drastically shifted in the second quarter of 2022 as a result of the sweeping economic controls the Bank of Canada has exerted over the past several months.
I've lived in Toronto essentially my whole life & have driven on the Gardiner Expressway/Don Valley Parkway thousands of times but this year I experienced it from a completely different perspective.
It seems that the super active, frantic buying season that we experienced at the beginning of the year is over but what should we expect to happen next?
Welcome to 433 Sackville St! This elegant 3 storey home was originally built in 1856 but was completely rebuilt in 1980.
While it's easy to point the blame at one particular generation for the current housing problems we are experiencing, there are various factors that have led us to where we are right now.
