Should All Prices Be Disclosed in a Real Estate Bidding War?

Should All Prices Be Disclosed in a Real Estate Bidding War?

The Toronto real estate market has been plagued with a lack of supply for some time now. This had led to a sellers’ market where there is often more than one bid on a property that is listed for sale. Multiple offers are commonplace and are often expected by sellers on many downtown properties.

TREB Market Statistics for January 2019

TREB Market Statistics for January 2019

The Toronto Real Estate Board (TREB) has just released the overall sales numbers for January 2019. There were 4,009 sales in January 2019, up 0.6% compared to January 2018.On a seasonally adjusted basis, sales were up 3.4% compared to December 2018. There was a total of 9,456 homes listed in January 2019, up 10.5% per cent year-over-year. The average selling price was $748,328. On a…

Frenetic Toronto Housing Market Starts to Slow Down

Frenetic Toronto Housing Market Starts to Slow Down

Is the Frenetic Toronto Housing Market finally starting to slow down? Multiple sources over the past few weeks have reported that bidding wars have slowed and traffic at open houses appears to be down across the GTA and Hamilton after the province introduced new measures to cool the red-hot real estate market. Just the news…