Richard Silver

Toronto Area REALTORS® Release January 2012 Market Figures

TORONTO, February 3, 2012 -- Greater Toronto REALTORS® reported 4,567 sales through the TorontoMLS® system in January 2012. This number was 8.8 per cent higher than the 4,199 sales reported in January 2011. Sales growth was strongest for low-rise home types in the regions surrounding the City of Toronto. “A favourable affordability picture bolstered by very low posted fixed mortgage rates has kept home buyers confident in their ability to achieve the Canadian goal of home ownership,” said Toronto Real Estate...Continue Reading...

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...

Toronto Real Estate: Expect demand to be strong in 2012

January 13, 2012 -- Each January many of us set goals for the year ahead, taking into account household finances and broader economic circumstances. One key yardstick of our nation’s economy is the real estate market, which in Toronto came to a strong finish in 2011, making it the second best year on record with 89,347 transactions, up four per cent in comparison to 2010’s 86,170 sales. Last month alone, a total of 4,718 homes changed hands, representing a seven per...Continue Reading...

Toronto Real Estate Board, November 2011

Here is the most recent Market Watch from the Toronto Real Estate Board for November 2011. There is lots of detail about the markets within the Greater Toronto Area. November 2011 Market Watch View more presentations from Richard Silver. Your thoughts?Continue Reading...

Greater Toronto Housing Market Charts for November 2011

Here are the most recent Housing Market Charts for November 2011. These charts go back over the activity of the past three years and help you view the market in a fuller perspective. November 2011 Housing Market Charts View more presentations from Richard Silver. Your thoughts??Continue Reading...

REALTORS® Remind City Council that Land Transfer Tax is Unpredictable Revenue Stream

 TORONTO, October 14, 2011 -- In a letter to Mayor Ford and City Councillors, the Toronto Real Estate Board is reminding City Council that the Toronto Land Transfer Tax is an unpredictable revenue stream, and that the only fair solution to the City's financial challenges is a combination of responsible fiscal management and fair revenues, like property taxes and user fees. REALTORS® comments were in response to a recent City Finance staff report indicating that the Toronto Land Transfer Tax is...Continue Reading...

REALTOR Representation Guru Adorna Carroll Explains…

A few years back I did some work for the Real Estate Buyer's Agent's Council (REBAC) of the National Association of REALTORS (NAR) as they were exploring how successful REALTORS were using Social Media. It was through that group that I met the most amazing trainer/teacher that I have ever come across: Adorna Carroll... Adorna is totally irreverent, and exacting in her teaching and understanding of Rules, Regulations and just plain common sense within the Real Estate community.  After a class...Continue Reading...

The Toronto Real Estate Board moves to “Neighborhood Searches”.

Over the past three years the Toronto Real Estate Board has been involved in a major rewite of our database to provide for Neighborhoods instead of alpha numeric designations. This was launched on July 5th. Here is an article by CAROLYN IRELAND of the Globe and Mail. Please note: there is a mistake in her report. Cabbagetown does exist as one of the neighborhoods. Toronto— From Friday's Globe and Mail Published Thursday, Jul. 28, 2011 11:27AM EDT TREB move to neighbourhood names draws flak Toronto...Continue Reading...

Greater Toronto REALTORS® Release Mid-July Resale Market Figures

Toronto, July 18, 2011 – During the first 14 days of July, Greater Toronto REALTORS® reported an increase in sales and the average selling price compared to the first two weeks of July 2010. The number of sales through the TorontoMLS® system was up 35 per cent to 3,609, compared to 2,672 last year. “Low mortgage rates, rising incomes and good news on the jobs front have kept consumers confident in purchasing a home in the Greater Toronto Area. In fact,...Continue Reading...

Toronto: It’s that time of year again! Gardening Time!

Spring is here and I love it. Great to see people working in their gardens and yard waste bags full at the curb. I do have some yard waster bags left over from last week's drop so let me know if you'd like some and I will personally deliver them to you. (more...)Continue Reading...