Richard Silver

Toronto Area Housing Market Watch December 2011

Here is the Toronto Area Housing Market Watch for December 2011. There is a lot of detail here and it covers the whole City but for those of you who like to drill down...all of the MLS Sales are here. Always remember that these figures are ones that happen when members place listings on the Multiple Listing System and do not account for any other transactions. Toronto Market Watch for December 2011 View more presentations from Richard Silver...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...

Public Support for Toronto Land Transfer Tax Repeal is Resilient, According to Poll

Toronto, December 6, 2011 –REALTORS® will be making a presentation on Wednesday December 7 to the City of Toronto’s Budget Committee, and will be providing City Council with results of a recent poll showing that, even after recent difficult debates on the future of City services, Torontonians continue to want fiscal reform at City Hall, including the repeal of the Toronto Land Transfer Tax and concessions from the City’s unions. The poll was conducted by Ipsos Reid for the Toronto Real...Continue Reading...

Helping those less fortunate

November 25, 2011 -- Almost every year, I head south in November to spend some time with REALTORS® from all over the world at the National Association of REALTORS® Conference.  It is a great way to find out what is new and happening in terms of technology and get an idea of the upcoming issues for the real estate community. As we watch our American neighbours celebrate American Thanksgiving, and we as Canadians officially enter into the holiday season, I’m reminded...Continue Reading...

Toronto: World AIDS Day Concert: Voices of Hope December 1, 2011

Launched collaboratively by  La Maison du Parc (Montréal), Casey House (Toronto) and Dr. Peter AIDS Foundation (Vancouver), “Voices of Hope / Voix D’Espoir” is Canada's national annual event marking World AIDS Day and raising awareness of the ongoing crisis of HIV/AIDS across Canada and internationally.  THURSDAY, DECEMBER 1, 2011 - 7 pm Metropolitan United Church, 56 Queen St. E. Free, with suggested donation of $20. Hosted by CBC's Tom Allen with Rev. Dr. John Joseph Mastandrea. THIS YEAR'S PERFORMERS: Dr. Draw, Prita Chhabra, Singing Out!, David Warrack, Douglas...Continue Reading...

Toronto Real Estate: Market Watch for October 2011

Here is the full copy of the Market Watch for the Toronto Real Estate Board in October 2011. Toronto Real Estate Board Market Watch October 2011 View more presentations from Richard Silver Please connect with me should you need any clarity.Continue Reading...

Press Release: Toronto Area REALTORS® Report August 2011 Sales

Toronto, September 7, 2011 – Greater Toronto REALTORS® reported 7,542 sales through the TorontoMLS® system in August – a 24 per cent increase over 6,083 sales in August 2010. New listings, at 12,509, were up by 20 per cent compared to August 2010. Market conditions remained tight as sales growth outstripped growth in new listings. "Home sales in the GTA have stood up well despite a less certain economic outlook," said Toronto Real Estate Board President Richard Silver. "Home sales will...Continue Reading...

Why the Toronto Real Estate Bubble Has Not Burst!

Strong economy sees numbers boosted August 26, 2011 -- As one of the world’s most diverse cities, Toronto welcomes nearly 100,000 newcomers to Canada each year. These people have chosen Toronto to begin building a better life. A report released recently by CIBC World Markets confirmed that the reasons for embracing Toronto are well founded. The report assessed the performance of Canada’s largest cities in the first quarter of this year, and while Toronto didn’t come out on top in any individual...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...