Richard Silver

Toronto Category

Toronto Real Estate Board’s January 2011 Housing Market Charts.

Here are the most recent Housing Market Charts from the Toronto Real Estate Board for January 2011. Toronto Real Estate Board Housing Market Charts for January_2011View more presentations from Richard Silver.Continue Reading...

Greater Toronto REALTORS® Report January 2011 Monthly Resale Housing Market Figures

TORONTO, February 4, 2011 -- Greater Toronto REALTORS®  reported 4,337 transactions through the TorontoMLS®  system in January 2011. This result was 13 per cent lower than the record result reported in January 2010. “While off the record pace experienced a year ago, the Greater Toronto Area  resale market has started the year on a solid footing. Home buyers in Toronto and surrounding areas continue to benefit from a diversity of housing types for sale at many different price points,” said Toronto...Continue Reading...

Toronto Real Estate:NEIGHBOURHOOD IN FOCUS: The Waterfront

You should check out the plans for the West Don Lands , Lower Don Lands  and Port Lands , what the city and province call the “New Blue Edge”  . The concepts for development are bold; with the new Regent Park , preparations for the Commonwealth Games  and what has happened on the eastern side of Queen’s Quay , there should be lots of excitement down on the waterfront in the next 10 years. Unlike the Beach or Beaches which has the charm of small-town...Continue Reading...

Greater Toronto REALTORS® Report December Resale Housing Sales

TORONTO, January 6, 2011 -- Greater Toronto REALTORS®  reported 4,395 existing home sales for the month of December, bringing the 2010 total to 86,170 – down by one per cent compared to 2009. "Market conditions were anything but uniform in 2010. We went from super-charged sales activity during the first four months of the year, to a marked drop-off in transactions in the summer and then in the fall saw sales climb back to levels that are sustainable over the longer...Continue Reading...

Why You Should Sign a Buyer Representation Agreement!

[youtube]http://www.youtube.com/watch?v=g15BaodM6M8[/youtube] Here is a great new video released by the Toronto Real Estate Board  on why you should sign a Buyer Representation Agreement . Make sure that you are being properly represented in the transaction. Feel free to contact me and I will give you a full run down of what a REALTOR can and cannot do with or without a Buyer Representation Agreement.Continue Reading...

Greater Toronto REALTORS® Housing Market Charts

Here are the November 2010 Housing Market Charts from the Toronto Real Estate Board. I love these because they tell the real story of what is happening in the Toronto Real Estate Market. It looks at this year in comparison with the last three and does not get caught up in month to month fluctuations that can be used to distort what is really happening. Serious consumers concerned about market movement should be following these charts rather than the monthly figures.  Have...Continue Reading...

Greater Toronto REALTORS® Report Mid-Month Sales Figures

TORONTO, December 16, 2010 -- Greater Toronto REALTORS® reported 2,509 sales through the Multiple Listing Service® (MLS®) during the first two weeks of December2010. This represented a 19 per cent decrease compared to the 3,079 sales recorded during the same period in December 2009. Year-to-date sales amounted to 84,316 – down one per cent from the 2009 total of 84,888. “While off the 2009 record, the level of December transactions remains strong from a historic perspective. The number of transactions in 2010...Continue Reading...

Toronto Neighbourhood in focus: Rosedale

Rosedale… what’s in a name? A few years ago we bought a house on a great Toronto street south of Bloor that I refer to as Cabbagetown  North. But some call it Rosedale . There, I said it! It took me a long time to say Rosedale because it comes with a lot of preconceived baggage, when in reality it is just a place where some people have bigger mortgages and a lot of house to maintain. I do miss my Carlton/Church condo...Continue Reading...

Toronto Real Estate: The Difference Between Retrofit and Legal Status

Toronto apartments and especially Toronto basement apartments are always a big discussion when working with Buyers or Sellers. About 90% of the apartments that I have shown in either single-family homes with basement apartments or multiple family homes, the question is asked: "Is this a legal basement apartment? Does legal mean that it is retrofit?" In both cases the answer, for the most part is "no". The number of Toronto apartments that are both Legal and have Retrofit Status  would at a...Continue Reading...

Toronto Real Estate Board’s Jason Mercer on the November 2010 Market Watch.

Jason Mercer, the Senior Market Analyst at the Toronto Real Estate Board gives us the scoop from the Market Watch in November 2010. Have a look and let me know your thoughts. [youtube]http://www.youtube.com/watch?v=OIf-vSnUG-A[/youtube]Continue Reading...