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 29TH, 2016

29 July 2016
Bosley Real Estate

Don't panic. For further clarification we are not talking about Toronto's hot real estate market, we are talking about summer holidays. Despite all the back to school ads that are starting to appear, there is still plenty of summer left. As for real estate, well, sales remain strong despite a continued decrease in listings and as we enter the home stretch of hot weather, we expect listings will get tighter until Labour Day.


MARKET UPDATE FOR THE WEEK ENDING JULY 22ND, 2016

22 July 2016
Bosley Real Estate

For the first time in a very long while, it seems like real estate talk around the city has died down. Maybe that’s a good thing for buyers longing for a little distraction from the frenzy. And if distraction is what you are looking for, well there’s the US election, Blue Jays baseball and hunting for the elusive Pokemon that are popping up everywhere. Just to be clear though, Toronto real estate is as hot as the weather with no end in sight.


Bosley Real Estate Infographic June

21 July 2016
Bosley Real Estate

Toronto's real estate market is often viewed as a riddle wrapped in a conundrum. Consider that the Toronto Real Estate Board recorded a 7.5% increase in the number of sales across the city yet the number of new listings are down 3.8% and total active listings have dropped by a whopping 31.4%. What does this mean? Buyers are still out there but they are eating into existing inventories. Today the city of Toronto has a mere 1.7 months of inventory across all housing types and if you focus in on districts where condominiums don't account for a significant portion of available inventory, that number drops to less than 1 month. Clearly demand is at a record levels while supply is as tight as ever.


MARKET UPDATE FOR THE WEEK ENDING JULY 15TH, 2016

15 July 2016
Bosley Real Estate

It’s mid July and the first smell of a calmer real estate market is in the air. The kids are happily ensconced in camp, the roads are less congested, the Blue Jays are closing in on first place and you've got your new favourite book packed and ready to take to the cottage. This is what life in the big city is supposed to look like! Sure it's hot, but we are Torontonians. We can brush off the heat alerts faster than The Four Tenors can brush off a member of their troop.


MARKET UPDATE FOR THE WEEK ENDING JULY 1ST, 2016

05 July 2016
Bosley Real Estate

It’s hard to believe that we’ve hit the half way point of 2016 already. It seems like just yesterday we were celebrating the start of the spring market. Ah, those were heady times, buyers sat patietly waiting for the impending influx of new listings to satisfy a hungry desire for a place to call home. Well, months later, many of those same buyers are still waiting. New listings barely trickled to the market causing more multiple offers than ever before, not just on houses but condos as well.