Market Reports - Bosley Real Estate Ltd. Brokerage - Homes and houses for sale in Toronto including Cabbagetown, The Annex, Danforth Village, Lawrence Park and Riverdale

MARKET UPDATE FOR THE WEEK ENDING SEPTEMBER 16TH, 2016

20 September 2016
Bosley Real Estate

Ah September. Our favourite month. It’s not just the hot days and cool nights, or the pennant race or even the fact that pro football is back. For us, September means more listing and sales activity and after a traditionally slower August, its time to open the floodgates of new property inventory. It’s not a minute too soon either. August inventory levels where challenging at best.


MARKET UPDATE FOR THE WEEK ENDING SEPTEMBER 9TH, 2016

16 September 2016
Bosley Real Estate

Parents Unite. We made it through the first week of school. Granted it was a short week but still... And while our minds shift from lazy days at the cottage sipping frosty beverages by the dock to the daily grind of school drop offs, after school programs and homework, one thing is for sure...the real estate market never sleeps. Sure it ebbs and flows but it is alive and well in the 416.


Bosley Real Estate Infographic for August 2016

08 September 2016
Bosley Real Estate

We are starting to sound like a broken record as much of what we are reporting in the GTA real estate market last month is a close copy to this month. Again, sales are down, new listings are down, active listings are down and months of inventory is down. About the only thing up in the 416 are prices for both condominium apartments (up 5.5% in August) and detached homes (up 4%), with a year over year average increase of 17.7%, one of the biggest price jumps in 2016. Two notes of interest; August is traditionally a slower month for transactions so it should not be a surprise that the average number of days on market increased slightly, what is surprising however is the 13% increase in sales.