Bosley Real Estate Ltd., Brokerage is a 100% family owned and operated Real Estate company that has been successfully assisting the buying and selling public since 1928.
Happy New Year and welcome to the first market insight of 2015. Every week our researchers pour through the listing and sold data posted on the Toronto Real Estate Board and separate out all the downtown statistics....
T.S. Eliot started out his poem The Waste Land by claiming that “April is the cruellest month”. We tend to disagree. If you are a Buyer in Toronto, that distinction surely must rest on December.
While there were 63 fewer new listings last week, there were only 36 fewer sales leading us to interpret that buyers are still out there but they are digging into the standing inventory more than ever before. The hottest sectors across the entire downtown core remain the first time buyers in the $400k to $700k range, where 46% are selling in multiple offers against an overall average of just 26%.
Yes it’s true that active listings, new listings and sales are down but the price of a detached home in the downtown core has inched up indicating that the laws of supply and demand still work in our city
It's not just the Grey Cup that signals the end of November. If you've lived in Toronto for any length of time you know that this time of year also means that thoughts of buying and selling homes take a back seat to Christmas shopping and holiday planning...
Our agents’ reputation of integrity, knowledge and professionalism is unparalleled in the city. Our principal value is quality over quantity. We don't wish to be giants but rather to be trusted advisors to buyers and sellers.