In the News

  • The Globe and Mail

    New life returning to Toronto’s downtown condo market

    Momentum in the Greater Toronto Area real estate market has swung back to the city core as buyers feel more optimistic that urban life is undergoing a renaissance.

    At 1 Roxborough St. E. in Toronto, a buyer recently paid $11.6-million for a three-bedroom, four-bathroom unit, says agent Paul Johnston of Right at Home Realty. He sees the sale as a sign that people are feeling optimistic about the resilience of Toronto.

    Mr. Johnston notes that buyers’ mindsets are changing as they reconsider their lives in the city and try to shake off the stagnation they have been feeling during the pandemic.

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  • REM - Real Estate Magazine

    2021: The year of adaptability

    While we may have developed the ability to adapt to the everchanging conditions caused by COVID-19 in a relatively short period of time, the need to develop this skill further has only increased in the real estate industry.

    The skills that Realtors today are required to hone are far greater than ever before. Those who choose to be stagnant in their professional development can expect only one outcome: struggle to remain relevant in today’s market and to meet customer expectations.

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  • Yahoo Finance Canada

    Canada’s housing market: 5 things to know this spring, from mortgages to supply

    Canada’s real estate market is an enigma at the best of times. Naysayers have been waiting for a crash for more than a decade, pointing to markets around the world as examples of the inevitable doom waiting just over the horizon for house-hungry Canadians.

    So you can forgive buyers and sellers for the twitch they’ve developed every time the conversation turns to real estate. And this is the time of year the talk gets loudest, with spring just around the corner and thoughts of cashing out on existing homes sets in like a fever.

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  • Toronto Star

    ‘By all objective standards it’s a bubble’: Even realtors say accelerated prices and sales of Toronto-area homes are worrying

    The average selling price of a Toronto-area house has seen a double-digit rise in all but two months of the last year. It’s a counter-intuitive climb amidst a pandemic that has pushed the cost of a re-sale home past the million-dollar mark for the first time in history.

    Detached houses in the 905 suburbs have seen the greatest growth with a near 30 per cent annual gain in February.

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  • Simcoe.com

    ‘Not all is roses’: Is Barrie’s economy succeeding or stumbling during COVID-19 pandemic?

    It depends how you interpret the numbers, but there’s evidence to show Barrie’s economy is at least treading water amid the global COVID-19 pandemic.

    Let’s start with the bad news.

    In January, the city census metropolitan area’s unemployment rate climbed to 14.2 per cent — up 11,000 people (9.2 per cent) from the same period a year ago and 2.2 per cent from December 2020.

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  • The Globe and Mail

    Toronto’s home-buying frenzy is an agent’s puzzle

    It seems many Ontario residents are listening to Premier Doug Ford when he urges them to stay home. Then they settle in, look around and decide they need to find a better home.

    The latest data from the Toronto Regional Real Estate Board (TRREB) show sales in the Greater Toronto Area hit a record high for the month of January with a whopping 52.4-per-cent gain from January, 2020.

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