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 SEPTEMBER 25TH , 2015

30 September 2015
Bosley Real Estate

What’s up with Toronto’s real estate market? By all accounts, this is a different fall market than one we are used to. Listings are down by as much as 31.7% for freehold homes but are up by 6% in the condo sector compared to a year ago.


MARKET UPDATE FOR THE WEEK ENDING SEPTEMBER 18TH , 2015

22 September 2015
Bosley Real Estate

Two weeks ago we witnessed a tsunami of new listings in downtown Toronto but a relatively lackluster sales performance left us feeling kind of empty. We made the bold statement that perhaps the reason sales were so low was because most of the new listings were holding back offers until the following week.


Bosley Real Estate Market Insight September 11th, 2015

14 September 2015
Bosley Real Estate

Listings are up. Not just a little. Last week we saw new listings double to just over 400. The largest increase took place in the east core where sellers took to the market in droves. New listings were up a remarkable 500% while calmer heads prevailed in the west with a more realistic 53% increase in listings. With all the new activity one would expect increased sales activity however it appears that all the new listings just gave buyers more choice. There is also a subtle factor that is often overlooked. In a response to low listing levels over the summer, most new listings have offer dates for the following week. This means that, if we are right, next week there will be a substantial spike in the number of sales in the core. It will be interesting to see if we move the needle higher than the current 50% level for homes sold at or above the list price.