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

Bosley Infographic for November 2016

07 December 2016
Bosley Real Estate

We are sure you are familiar with the old saying: "those that don't learn from history are destined to repeat it", Of course, we are talking about buyers. Last year at this time, many buyers decided to sit out the market over most of December only to pay the price in the new year. Losing out on multiple offers takes its toll (it's called buyer fatigue) but our advice is to keep up the pressure until the new year... chances are you will be happy you did. Last year prices shot up by double digits and have kept that pace all year long. While there are fewer homes on the market, the ones that are available have negotiating room. Meanwhile, the condo market continues to thrive as frustrated home buyers consider the condo alternative.


MARKET UPDATE FOR THE WEEK ENDING NOVEMBER 18TH, 2016

23 November 2016
Bosley Real Estate

Here we go. The Santa Claus Parade is the definitive Toronto tradition and if that didn`t signal the start of winter then this week`s little blast of cold air sure did. Despite the temperature drop there is no sign that the real estate market is slipping into hibernation just yet. We know there are many frustrated buyers out there but we would encourage them all to keep looking. If you are contemplating putting your buying intentions on hold you will pay the ultimate price when prices escalate in the Spring...just like they did last year.


MARKET UPDATE FOR THE WEEK ENDING NOVEMBER 11TH, 2016

17 November 2016
Bosley Real Estate

The freehold sector did not see much change in the number of new listings last week; however sales dipped by about 38% from 173 the previous week to 125. This drop is consistent with declines in sales over previous years and is more a statement of the approaching winter market than uneasiness in the US federal election outcome and continued adapting of the new Canadian mortgage rules which are likely only playing a small role. Still, sentiment for home ownership remains strong as nearly 65% of home transactions in the 416 sold at or above the asking price.


Bosley Real Estate Infographic for October 2016

09 November 2016
Bosley Real Estate

As someone who has lived most of their life in Toronto, I am constantly aware of how far this city has come. But we did not achieve our success from chance or plain dumb luck. We got to where we are through hard work and determination. It's a reminder to me that nothing comes easy. For a lot of people, buying a first home is the reward of hard work. It is the ultimate statement of success. It screams..."Look at what I achieved!" At the same time, it is also a transaction fraught with anxiety and confusion. I know this because our company has literally negotiated thousands of transactions over the last 80+ years and I have heard the stories. The truth is that you can lower the anxiety and erase confusion if you have an experienced Realtor working on your behalf. I know that above all, or agents represent the best in the business. Let us demonstrate our knowledge during your next transaction.


MARKET UPDATE FOR THE WEEK ENDING OCTOBER 28TH, 2016

03 November 2016
Bosley Real Estate

Inquiring minds want to know if the new mortgage rules are having an impact on housing activity in Toronto. Frankly we are as curious as the next guy but as it stands now we have not seen much change. Overall activity in the 416 continues to be strong as demonstrated by rising prices across every category of shelter. For the first time, affordability in the rental sector is raising concerns as the average price of a one bedroom condo increased by over 7% in the 3rd quarter of 2016.


MARKET UPDATE FOR THE WEEK ENDING OCTOBER 21ST, 2016

26 October 2016
Bosley Real Estate

This Fall has not been kind to our city. First, the Blue Jays got knocked out of the playoffs, then the Federal Government introduced tighter mortgage regulations. It was nothing more than a one-two punch to the stomach. But hey, we’ve been down this road before and if any place can be resilient in the face of adversity you know it’s Toronto. We just get back up, dust ourselves off and get back to business.


Bosley Infographic for September 2016

14 October 2016
Bosley Real Estate

There seems to be great interest from our government to slow down the incredible price growth of homes throughout the country. At its core, the plan sounds rational. It’s like breaks to a speeding car; However, apply too much pressure and you can come to a sudden, and often uncontrolled, stop. But just the right pressure keeps us safely on the road. The trick is in finding the right pressure. I believe it is important to remember that while long running, our market is rooted in strong fundamentals, the biggest being that Toronto is an energetic, vibrant, multicultural city with plenty of opportunity. We know this city better than anyone, so if you are looking for expert advice on where to live call one of our professional agents. We can find the right neighbourhood for you.


MARKET UPDATE FOR THE WEEK ENDING SEPTEMBER 30TH, 2016

05 October 2016
Bosley Real Estate

We aren’t sure what is worse...the break-up of Brangelina or the federal government’s proposed new mortgage rules. Like other government initiatives we Canadians can be pretty forgiving, and it’s likely that after we have adapted to the changes things will return to normal. But the end of Brangelina? Well that’s going to leave a scar. Maybe a Blue Jay playoff run could dull the pain.


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.