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

Bosley Real Estate Market Insight October 30th, 2015

03 November 2015
Bosley Real Estate

With no distractions to stand in our way for at least the next month we knew that we would see a return to a more traditional fall market. Things got off on the right foot two weeks ago and the steady pace of more listings and sales has continued just as we predicted.


Bosley Real Estate Market Insight October 23rd, 2015

27 October 2015
Bosley Real Estate

While the Blue Jays post season run came to a halt last week Toronto’s real estate market is having a run of its own. Now that the election is over, and the world DIDN’T end, Sellers can go back to selling and Buyers can go back to buying…..and buying they did….in spades. Unless you count Halloween as a significant event, we should see a steady trading pace for the next few weeks.


MARKET UPDATE FOR THE WEEK ENDING OCTOBER 16th, 2015

21 October 2015
Bosley Real Estate

Let’s go Blue Jays! Okay that’s out of the way. On to our weekly market update on Toronto’s fast paced real estate market. Ask yourself...does it ever feel like, despite your best efforts, the stars just don’t align? Two weeks ago we saw an awesome come from behind victory by the Toronto Blue jays AND we enjoyed a lovely long weekend. While these were very positive events in our lives they did contribute to a slowdown in both listings and sales in the downtown core. Last week that slowdown continued as we waded into the final days of the election. We shall soon see who reigns supreme. Are you ready?


Bosley Real Estate Infographic September 2015

07 October 2015
Bosley Real Estate

Bosley Real Estate Infographic September 2015


MARKET UPDATE FOR THE WEEK ENDING OCTOBER 3RD, 2015

06 October 2015
Bosley Real Estate

In our latest Market Insight we suggested that the reason listings were down was a reaction to the upcoming Federal Election. While there is little reason to believe that, whatever the outcome, home prices would be adversely affected, we wanted to prove that the theory was sound. We have been keeping records on downtown Toronto real estate for just over three years but only through one other election, that being last year’s municipal election which took place on October 27th.


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.


MARKET UPDATE FOR THE WEEK ENDING AUGUST 28TH , 2015

31 August 2015
Bosley Real Estate

In the condominium sector new listings have remained relatively unchanged over the last week while sales are down a little over 10% (from 200 units to 181 units). Sales at or above the list price are currently at 16.6% which is a solid indicator that the condo market is trading well. In the central core we noted a significant increase in luxury condos coming to market last week while there was a decline in number of mid-priced listings ($400k to $700k).


MARKET UPDATE FOR THE WEEK ENDING AUGUST 21ST , 2015

25 August 2015
Bosley Real Estate

A similar picture of the overall real estate market exists within the condominium sector. Although the number of new listings decreased by 4.6% last week, sales increased by 3.6% to 200 units, with 21% of those sales happening at or above the list price (up from 19% two weeks ago). Not surprisingly, there were fewer new listings in the central core’s entry level condo sector ($200k-$400K) yet it was that same sector that saw the biggest gain in sales.