Market Insights - 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 JULY 24TH , 2015

27 July 2015
Bosley Real Estate

There are two simple truths that we learned last week; Kanye West is NOT a Canadian and Toronto’s real estate market turned in another gold medal performance. Sure, things are slowing down a bit but that’s more a seasonal tendency. What catches our eye is the fact that while listings are way down in both the freehold and condo sectors, sales are only down a little.


MARKET UPDATE FOR THE WEEK ENDING JULY 17TH , 2015

21 July 2015
Bosley Real Estate

The freehold sector had one of the single highest week over week changes with a noticeable 25.6% increase in new listings and a similarly grandiose 54.5% increase in sales last week. With that increase came slightly more demand as transactions at or above the list price edged up 2.5% from the previous week to stand at 54.5%. What stands out the most when we reviewed last week’s data was the amount of movement in the entry level home ($400k to $700k)


Bosley Real Estate Infograph June 2015

13 July 2015
Bosley Real Estate

Consider that over the last month sales of homes across the GTA increased by a whopping 18.4% over a year ago. This sets a new record for June. The average price jumped by 12.3% in the same period yet active listings are down by 13.1%. The trifecta of fewer list-ings, low interest rates and high demand are here for the foreseeable future.


MARKET UPDATE FOR THE WEEK ENDING JULY 3RD , 2015

07 July 2015
Bosley Real Estate

In the condo sector listings have increased 8.9% since the week prior but have remained consistent over the last month at (767 listings in the downtown core). Sales are also down by a marginal 4.9% which only represents about 10 sales over the week. It is worth reporting that the key indicator of the condo market health has to be the percentage of suites selling at or above the list price. Last week that percentage was at a very encouraging 24.5% level.