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June 2018 – Closing the Gap - The New Street Resale Real Estate Report for The Greater Toront

Closing the Gap

  • Robert Jendrzejczak
  • July 16, 2018
  • 32 Likes

June 2018 – Closing the Gap - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region We called May the “last month of red” for both markets, and it looks like we were relatively accurate – with more and more areas seeing positive increases both from last year and last month. This is particularly true for low-rise homes, which have not seen much gains for most of 2018. In fact, low-rise and condo sales and pricing discrepancies ....

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May 2018 – The Last Month of Red - The New Street Resale Real Estate Report for The Greater Toront

The Last Month of Red

  • Robert Jendrzejczak
  • June 07, 2018
  • 32 Likes

May 2018 – The Last Month of Red - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region This month we’re beginning to see the balancing effects of a market that’s recovering from the mid-2017 slowdown, and one that can be more accurately compared year-to-year as we head into the month of 2017’s cooling period. In fact, we forecast this will be the last month where we see average prices lower than the previous ....

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April 2018 – A Steady Spring - The New Street Resale Real Estate Report for The Greater Toronto an

A Steady Spring

  • Robert Jendrzejczak
  • May 07, 2018
  • 32 Likes

April 2018 – A Steady Spring - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region As we head into what is traditionally the busiest real-estate season of the year (May-July), we’re seeing a steady growth that coincides with that historic trend. Although we’re not seeing the staggering increase in month-to-month numbers we saw from February to March, April brought about a steady 2.5% increase in average price from last month for the Toronto and GTA markets ....

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March 2018 – A Bright Horizon - The New Street Resale Real Estate Report for The Greater Toronto a

A Bright Horizon

  • Robert Jendrzejczak
  • April 13, 2018
  • 32 Likes

March 2018 – A Bright Horizon - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region The Spring months always bring a sense of renewal and the real estate market is no exception. A historically great time to be a buyer and seller, there is always a slight increase in homes for sale and sold in the months after winter dissipates and conditions get better for weekend open-houses. As we've mentioned in previous months, we're seeing a general decrease ....

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February 2018 – Moving On Up - The New Street Resale Real Estate Report for The Greater Toronto an

Moving on Up

  • Robert Jendrzejczak
  • April 12, 2018
  • 32 Likes

February 2018 – Moving On Up - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region It seems the downward trend the market has been experiencing for the last few months is starting to move on up. Sales are up 20-30% overall in both Toronto & Hamilton markets from last month. Although this still represents a 40% decrease from last year, it also means a step toward a resurgence in the market. Similarly, prices are also showing promise, up 3-5% from ....

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January 2018 – New Year, New Market - The New Street Resale Real Estate Report for The Greater Tor

New Year, New Market

  • April 12, 2018
  • 32 Likes

January 2018 – New Year, New Market - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region With 2018 and the emergence of the new mortgage changes comes a predictable overall drop since last month, keeping with the trend set by the last few months of 2017. The good news is, average prices remain relatively stable from last month, up by 0.2% to $736,783 in the Greater Toronto area and down 0.7% to $517,751 in the Hamilton area. From last year, we’re seeing a 4.1% decrease ....

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December 2017 –  What a Ride  – The New Street Resale Real Estate Report for The Greater Toronto

December 2017 – What a Ride – The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region

  • April 12, 2018
  • 32 Likes

December 2017 -  What a Ride  - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region What a rollercoaster ride. Looking at the chart below, that's pretty much how you can summarize the real estate market in 2017 in the Greater Toronto & Hamilton Area markets. The average price of a home increased by just shy of a full percentage point to $735,021 in the Toronto Real Estate Board MLS® System from the previous year. The Realtors Association of ....

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November 2017 –  Cruising into 2018 – The New Street Resale Real Estate Report for The Greater T

Coasting into 2018

  • April 12, 2018
  • 32 Likes

November 2017 -  Cruising into 2018 - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region Note: Many of the stats in this report use home type classifications and averages to provide a general idea of recent activity in the real estate market throughout the GTA and Hamilton regions. These averages give us a high level summary of the real estate market throughout the region and within each city compared to the previous month and year. These stats may or may ....

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October 2017 -  October Bustle - The New Street Resale Real Estate Report for The Greater Toronto an

October Bustle

  • April 12, 2018
  • 32 Likes

October 2017 -  October Bustle - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region The recent mortgage regulation changes announced by the Federal Government has had an impact on sales activity in October with the number of homes sold rising 12% based on TREB's (Toronto) MLS System® and 33% based on RAHB's (Hamilton-Burlington) MLS System®. There wasn't much movement in the average home price throughout the GTA & Hamilton in October from September. Prices in ....

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September 2017 –  In the Green – The New Street Resale Real Estate Report for The Greater Toront

In The Green

  • April 12, 2018
  • 32 Likes

September 2017 -  In the Green - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region September was the first month since May of this year, where we saw the average price in both the Toronto and Hamilton-Burlington MLS boards - in the green - for both the monthly and annual comparisons. In the TREB MLS® System, the average price of a home was up about 6% from August of this year yet only 2.6% up when compared to the ....

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August 2017 –  A Plateau Before the Fall – The New Street Resale Real Estate Report for The Grea

A Plateau Before the Fall

  • April 12, 2018
  • 32 Likes

August 2017 -  A Plateau Before the Fall - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region The economic conditions remain very positive in the GTA as we move into the fall. In the real estate market, the average price of a home was up 3% throughout TREB's market area. The MLS® Home Price Index composite benchmark, which reflects typical home types throughout TREB's market area, was up by 14.3% from August 2016. GTA & ....

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July 2017 – The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region

16000 New Listings For Sale in July. Down 27% from June

  • April 12, 2018
  • 32 Likes

July 2017 - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region The July Resale Real Estate numbers are in for both the Toronto & Hamilton Regions. If you've heard anything about it,  you probably already know that prices and sales took another little dip. GTA & Hamilton Home Prices - Last 12 Months For the 3rd consecutive month, we've seen prices itch down and now we're pretty much back to where we started at the beginning of 2017. But ....

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De Niro & Hoffman Drive Record-Breaking Month For New Condo Sales

De Niro & Hoffman Drive Record-Breaking Month For New Condo Sales

  • April 11, 2018
  • 32 Likes

The Greater Toronto and Hamilton Region New Homes Real Estate Report - June 2017 - De Niro & Hoffman Drive Record-Breaking Month For New Condo Sales With a title like that you would think we're talking about Little Fockers, but we're not. The new home condo market received a boost of confidence from the marketplace in June with 5495 high-rise suites sold in one month. That is 64% more than the previous month and 120% more than June of 2016. These condos sold at an average record price of $627,000, ....

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June 2017 - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region

Confused Market Perceptions Due to Artificial Snow in June

  • April 11, 2018
  • 32 Likes

June 2017 - The New Street Resale Real Estate Report for The Greater Toronto and Hamilton Region Last month, we concluded that the market was affordabilizing (a word we coined in May to describe the positive demand in affordable homes). This month we're seeing some similar trends but we're dealing with 30 days of entirely new data, so let's get into it. So what happened in June? It theoretically started snowing. If we look at the average price of a home in the GTA and ....

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What was up with New Homes in May 2017?

  • April 11, 2018
  • 32 Likes

The Greater Toronto and Hamilton Region New Homes Real Estate Report - May 2017 We saw some interesting "affordabalization" happening in the resale market in May. With all this talk of a real estate "cool down" happening, how has the new home market been impacted? Well if you take a look at this recent video of a new home community in Richmond Hill from Fieldgate Homes, it indicates a fairly contradictory signal then what we've seen in our recent resale market report titled "....

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The Real Estate Market is Affordabalizing

The Real Estate Market is Affordabalizing

  • April 11, 2018
  • 32 Likes

The Greater Toronto and Hamilton Region Resale Real Estate Report - May 2017 The Real Estate Market is Affordabalizing. I know that’s not a word but that’s what we’re calling it. With all the talk about the real estate market recently, there is no doubt that things have and are changing ever since the Ontario Government put forth its Fair Housing Plan. Now that we’ve been able to collect a full month of data, since the plan was ....

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New Street - Simple Story Housing Market

The Simple Story Behind the Ontario Real Estate Market Crisis

  • April 11, 2018
  • 32 Likes

How the Ontario Real Estate Market Crisis Escalated and What's Next? Like you, I've been paying attention to the current state of Ontario's Real Estate Market (specifically GTA and the Golden Horseshoe). I’ve been watching the impact on buyers and sellers in the market and seeing the housing crisis escalate for years now. I was interested in an Ontario Fair Housing Plan when it was announced, as I was convinced that an intervention can provide solutions. But after looking at all 16 initiatives within ....

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