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 JUNE 5TH , 2015

09 June 2015
Bosley Real Estate

The freehold market has reversed its month long trend by recording nearly 11% fewer listings last week. Sales followed suit registering almost 15% fewer transactions and the percentage of homes selling at or above the list price was a more reasonable 67.7% compared to 72% a month ago. Clearly the effect of less product is not causing increased bidding wars. Sales of freehold homes continues to be robust but there is less urgency in the market.


May Bosley Infographic

05 June 2015
Bosley Real Estate

Pre-emptive offers, commonly known as “bully offers” are rampant in Toronto’s bustling real estate market. For the forseeable future we don’t expect this trend to decline. All the more reason to know how and when to deploy this buying tactic because it is not for the faint of heart. The truth is that we are hearing more about bully offers for one main reason...demand continues to grow while supply seems to be slipping. Overall, we feel that tight market conditions for all home types will continue throughout the year.


MARKET UPDATE FOR THE WEEK ENDING MAY 29TH , 2015

04 June 2015
Bosley Real Estate

Case in point, the number of new freehold listings. Last week new listings were WAY up, this week they’re down by 3%. In complete contradiction to that pattern, sales are WAY up by over 88% from a week ago. And while the percentage of homes selling in multiple offers was off last week (54.3%)


MARKET UPDATE FOR THE WEEK ENDING MAY 22ND, 2015

27 May 2015
Bosley Real Estate

New freehold listings are up by 15.8% over two weeks ago. When you factor in some lower numbers due to the long weekend, it appears that listings have been increasing relatively steadily for the past two months.


MARKET UPDATE FOR THE WEEK ENDING MAY 15Th , 2015

20 May 2015
Bosley Real Estate

New freehold listings backed off a substantial 31.7% this week (representing over 100 fewer homes on the market). Clearly, people were thinking more about enjoying a cold beverage by the lake than getting their houses ready to sell. While listings were down, sales were up (by 5%) which in turn created nothing short of a mini buying frenzy.


Looking at a property without a parking spot? It might not be a problem

19 May 2015
Bosley Real Estate

There was a time when having a car made life a lot easier. “If you lived downtown 20 or 30 years ago, there were no grocery stores or other amenities,” says Bosley real estate agent David Coffey. But today? “You don’t really need a car.”


April 2015 Infographic

13 May 2015
Bosley Real Estate

We all know that Toronto’s home market is hot, but in our mind the condominium sector just might be hotter. Consider the following; over the last six months or so, the number of condos selling at or above the asking price has been slowly increasing.


Toronto’s Natural Wonders. The Cherry Blossoms of High Park

07 May 2015
Bosley Real Estate

Blink and you’ll miss them — well, not quite, but if you wait too long to take in the cherry blossoms budding and blooming right now in Toronto’s High Park you might be disappointed.


MARKET UPDATE FOR THE WEEK ENDING MAY 1ST, 2015

06 May 2015
Bosley Real Estate

The condo market is…well, pretty much the same as i t was last week. We don’t get to say that very often. While listings are up about 9% from a week earlier, they are still off the peak of 786 units just a few weeks ago.


Market Update For The Week Ending April 24th, 2015

29 April 2015
Bosley Real Estate

In a surprising twist, new freehold listings backed off by a little over 8% last week. Most of that came as a result of fewer listings in the central core. While sales have remained strong we did notice that the number of bidding wars dropped to 68% (from 70% the week prior).