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68 Balmoral Ave., Toronto – Summerhill area house sold attracting 3 pre-emptive offers

September 18, 2021 by Central Toronto Real Estate Blog

68 Balmoral Ave., Toronto – Summerhill area house sold attracting 3 pre-emptive offers

  68 Balmoral Ave., Toronto   ASKING PRICE   $1,050,000 SELLING PRICE  $1,225,000 PREVIOUS SELLING PRICE  $465,000 (2001) TAXES  $6,130 (2016) DAYS ON THE MARKET   3 The Action: This two-storey row house sits on the south side of St. Michael’s Cemetery on a 15-by-107-foot lot. The prime Summerhill location prompted three pre-emptive offers earlier this year […]

Filed Under: Central Toronto Homes Sold Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: central toronto real estate, toronto home buyer, toronto home seller, toronto home sold, toronto real estate

6 Interesting Facts To Know About Toronto’s Real Estate Market

September 18, 2021 by Central Toronto Real Estate Blog

6 Interesting Facts To Know About Toronto’s Real Estate Market

© Provided by Fool office-building_16-9   Toronto’s real estate market continues to defy gravity. May was another record-setting month with 12,870 home sales reported by Toronto-area realtors. Prices inside the city of Toronto hit an average of $782,051, an increase of 8.95% compared with the same month in 2015. The rest of the Greater Toronto […]

Filed Under: Toronto Buyer Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: central toronto real estate, housing bubble, toronto condo buyer, toronto home buyer, toronto home seller, toronto real estate

Toronto home buyers change tactics facing bidding war

September 18, 2021 by Central Toronto Real Estate Blog

Toronto home buyers change tactics facing bidding war

  Aspiring buyers in Toronto’s real estate market in May were contending with prices about 15 per cent higher than they were last year at this time. No wonder bidding war fatigue is beginning to permeate the market. Some agents and buyers are wilting, Mr. Silver says. “Multiple offers seem to be lessening – not due […]

Filed Under: Toronto Buyer Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: central toronto real estate, housing bubble, toronto home buyer, toronto home seller, toronto real estate

Summer slowdown is not expected in Toronto’s heated real estate market

September 18, 2021 by Central Toronto Real Estate Blog

Summer slowdown is not expected in Toronto’s heated real estate market

  Toronto-area homeowners who are thinking of selling their properties may not need to wait for the traditional fall market. “I think it’s going to be busy all through the summer,” Mr Rocca says. Mr. Rocca says activity is cooling a little as the end of the school year approaches but the buyers are still roaming. […]

Filed Under: Toronto Buyer Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: central toronto real estate, housing bubble, toronto home buyer, toronto home seller, toronto real estate

When real estate bubble bursts in Toronto, Vancouver, it will affect the rest of Canada

September 18, 2021 by Central Toronto Real Estate Blog

When real estate bubble bursts in Toronto, Vancouver, it will affect the rest of Canada

  Buoyed by red-hot markets in Vancouver and Toronto, the country’s overall housing market may appear to be on fire but in reality real estate is slumping in Quebec City, Halifax, Calgary and Edmonton, where houses prices are down. “The reason is their economies are incredibly flat and you will see housing really start to […]

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