Irina Falk Luxury Real Estate
1396 DON MILLS RD., B121 M3B 0A7 Toronto, ON, Canada

Let’s sell some houses and go to Nice! It is so beautiful!

A wall of Metropolitan AF-690 finds the middle ground between striking Hale Navy HC-154 cabinetry and rustic, handcrafted kitchenware. #ColorTrends2019 https://www.benjaminmoore.com//color-pa/color-trends-2019

I think I would like to try every single colour in this collection. Just outstanding.

Toronto area market watch August 2018 vs 2017.

GTA REALTORS Release May Stats TORONTO, ONTARIO, June 4, 2018 Greater Toronto Area REALTORS reported 7,834 sales through TREB’s MLS System in May 2018. This result was down by 22.2 per cent compared to May 2017. While the number of sales was down year-over-year, the annual rate of decline was less than reported in February, March and April, when sales were down by more than 30 per cent. On a month-over-month basis, seasonally adjusted May sales were basically flat compar...ed to April. Supply of homes available for sale continued to be an issue. New listings were down by 26.2 per cent. The fact that new listings were down by more than sales in comparison to last year means that competition increased between buyers. Recent polling conducted by Ipsos for TREB suggests that listing intentions are down markedly since the fall. Home ownership remains a sound long-term investment. Unfortunately, many home buyers are still finding it difficult find a home that meets their needs. In a recent Canadian Centre for Economic Analysis study undertaken for the Toronto Real Estate Board, it was found that many people are over-housed in Ontario, with over five million extra bedrooms. These people don’t list their homes for sale, because they feel there are no alternative housing types for them to move into. Policy makers need to focus more on the ‘missing middle’ home types that bridge the gap between detached houses and condominium apartments, said Mr. Syrianos. The average selling price for all home types combined was down by 6.6 per cent to $805,320. On a seasonally adjusted basis, the average selling price was up by 1.1 per cent compared to April 2018. Market conditions are becoming tighter in the Greater Toronto Area and this will provide support for home prices as we move through the second half of 2018 and into 2019. There are emerging indicators pointing toward increased competition between buyers, which generally leads to stronger price growth. In the City of Toronto, for example, average selling prices were at or above average listing prices for all major home types in May, said Jason Mercer, TREB’s Director of Market Analysis. See more