FROM THE DESK OF DIMITRI
Posted on Apr 21, 2023
Why is housing pricing in Toronto so unique?
I think I’ve said this 100000 times to our agents and brokers, and every agent who will listen to me speak… but in case they (or you) through I was making it up; see below:
Canada Grew in population in 2022 by 1,050,110 people - the biggest single year ever, but not by much. 2022 was a larger growth amount...
FROM THE DESK OF DIMITRI
Posted on Mar 23, 2023
So, it’s award season, and every real estate agent out there is rushing to social media to tell you (or told you) how amazing they are, how 2022 was the best year ever, how they are #1, or to show off to show of their fancy Diamond or Platinum award, given to them by their brokerage. In the spirit of this, I’d like to let everyone know that I, Dimi...
FROM THE DESK OF DIMITRI
Posted on Feb 23, 2023 in Blog
So every month, my team asks me for my take on the most current, frequently searched topics of Toronto real estate. This month, they wanted me to talk a little bit about the foreign buyers ban, and whether or not 2023 will be a buyer or sellers’ market. So here it goes, here is my 2 cents – I simply don’t know. Disappointing answer? Sure. But unfor...
November home prices reach an all record high, listings down
Posted on Dec 07, 2021 in Blog
Home sales reached a new record for the month of November and the
average selling price also reached a new all-time high. New listings were down substantially compared to last year for all
market segments – further highlighting the inherent supply issue across all home types in GTA.
There were 9,017 reported home sales through TRREB’s MLS® System in N...
Average price for a home in Toronto is now $1,155,345
Posted on Nov 11, 2021 in Blog
October 2021 market update is out and prices continue to rise while inventory remains low. Home sales reached the second-highest level on record for the month of October. Toronto is not providing enough housing inventory to balance out the market by any means, the average price for a home in the GTA has increased by 19.3% year over year and sits at...
Price Growth, Low Inventory: September 2021 Market watch
Posted on Oct 07, 2021 in Blog
September marked the transition from the slower summer market to the busier fall market in the in the Greater Toronto Area (GTA) which we usually see every year.
Sales increased relative to August and were also at the third-highest mark on record for the month of September. The average selling price was up in all categories.
There were 9,046 sales th...
