Richard Silver

Condominium Category

Toronto Area Housing Market Charts for December 2012.

Here are the housing market charts for the Toronto Area MLS Sales for December 2011...Sorry if I am late getting them to you as it has been a crazy busy January 2012. Toronto Real Estate Board Housing Market Charts View more presentations from Richard Silver Continue Reading...

Greater Toronto REALTORS® Report Mid-Month Resale Housing Market Figures

TORONTO, November 16, 2011 -- Greater Toronto REALTORS® reported 3,379 transactions through the TorontoMLS® during the first two weeks of November. This result represented more than a 13 per cent increase compared to November 2010. New listings were up 16 per cent over the same period. “The results for the first two weeks of November point to two important facts: First, despite global economic uncertainty, buyers have remained confident in the affordable housing market in the GTA. Second, stronger growth in...Continue Reading...

First-Time Buyers Have Lots Of Options

October 28, 2011 -- If you are considering the purchase of your first home you’re probably aware that like many of life’s milestones, there are many things you must consider. Understanding conditions in the real estate market is a good first step.  Current conditions in the Greater Toronto Area resale market remain quite favourable for people looking to take the first step onto the property ladder. The housing market in the GTA continues to be supported by improving economic conditions which have...Continue Reading...

Toronto Real Estate: Q-3 2011 Resale Condominium Statistics

Here is the most recent Q-3 statistics on the Greater Toronto Resale Condominium Market. Greater Toronto Resale Condominium Report View more presentations from Richard Silver Continue Reading...

Toronto Real Estate: Buyers beware in real estate purchases, too

September 16, 2011 - I recently read an article in the Toronto Star that got me thinking about the experiences of homebuyers purchasing newly built condominiums. The article detailed buyers who had bought from floor plans, but, unfortunately, once the unit was built they were disappointed when they realized that one window looked at a brick wall, the floor was laminate and the balcony was “more of a ledge.” This article is a good reminder that there is a lot to...Continue Reading...

Toronto Real Estate: What’s Happening in New Home Sales

Thought that you might enjoy seeing this graphic from our friends at BuzzBuzzhomes.com. The new housing market includes both Condominium and Low Rise homes but does not include the Resale homes that would be featured on MLS usually. Great work Mr. BUZZ!! Continue Reading...

Toronto Real Estate Board: Condominium Commentary Q2, 2011

Resale Condo Market Tightened in Q2, but More Supply Coming The resale condominium apartment market tightened in the Greater Toronto Area since the Fall of 2010. This tightening was in line with a broader trend in the existing home market, where listings through the end of the second quarter were in short supply compared to a year ago. Condo sales, at 6,721, were up by almost 0.5 per cent in the second quarter, while active listings were down by 13 per...Continue Reading...

Toronto Neighbourhoods: The fabled neighbourhood of Church/Wellesley

Few areas in the world can boast the number of loves begun and lost than the Church/Wellesley ’hood. The long-time centre to Toronto’s LGBT community has changed greatly over the years. Once a questionable place to purchase a home or condo, it’s become very fashionable. Where once the gay community was shunned and hid in dark dank bars, we are now out on the street and have spawned one of the biggest festivals in the city. With all that comes rising...Continue Reading...

TORONTO NEIGHBOURHOOD IN FOCUS: Yonge Street Corridor

Bloor on the south, St Clair on the north, Yonge on the east and Avenue Rd on the west — as they say in real estate parlance, “Location, location, location.” Centrally situated, this neighbourhood includes grand Victorian and Edwardian detached and semi-detached homes on east-west streets accessible to the subway and great shopping. The shops include the legendary “Five Thieves,” the name given by locals to the specialty food stores just south of the Summerhill LCBO. As the name suggests, make...Continue Reading...

Toronto Condominium Market: Presentation to the Toronto Condominium Market April 15th, 2011.

Here is a great presentation from the April 15th, 2011 of the Toronto Condominium Network. Let me know if you have any thoughts or questions. Please remember that these stats are resale statistics from the Toronto Real Estate Board. Toronto Condo Network Presentation by Jason MercerView more presentations from Richard Silver.Continue Reading...