Nicole Zarry-Chestnut Park Real Estate Ltd.

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Nicole Zarry-Chestnut Park Real Estate Ltd.

Realtor® with Chestnut Park Real Estate Ltd. Christies International Real Estate Luxury Specialist.

05/09/2025

After the recent federal election, many households throughout the GTA are keeping a close eye on how our trade relationship with the United States develops. A positive shift in this relationship could lead to increased market activity, fueled by stronger consumer confidence and improved affordability and supply.

For a more comprehensive insight into the market, don't hesitate to contact me.

Nicole Zarry, Realtor®
Chestnut Park® Real Estate Limited, Brokerage
416-562-8071 or [email protected]
www.zarryrealestate.com

Chestnut Park Real Estate Limited, Brokerage Christie's International Real Estate New York City

04/07/2025

Homeownership in the Greater Toronto Area (GTA) became more affordable in March 2025 compared to the previous year. On average, both borrowing costs and home prices have declined over the past year, making monthly payments more manageable for households looking to buy a home. - March TRREB Market Watch

For a more comprehensive insight into the market, don't hesitate to contact me.

Nicole Zarry, Realtor®
Chestnut Park® Real Estate Limited, Brokerage
416-562-8071 or [email protected]
www.zarryrealestate.com

03/14/2025

Beyond ongoing affordability challenges, homebuyers appear less confident in the economy. Uncertainty around trade relations with the U.S. may be causing some to hold off on purchasing. If trade concerns ease and borrowing costs keep falling, home sales could see a strong rebound in the year's second half.

For a more comprehensive insight into the market, don't hesitate to contact me.
Nicole Zarry, Realtor®
Chestnut Park® Real Estate Limited, Brokerage
416-562-8071 or [email protected]
www.zarryrealestate.com

02/08/2025

The Toronto Regional Real Estate Board’s (TRREB) Market Outlook and Year in Review report reveals that a well-supplied housing market will keep average annual home price growth at the rate inflation, with the average selling price increasing moderately in the Greater Toronto Area (GTA) over the course of the year.

For a more comprehensive insight into the market, don't hesitate to contact me.
Nicole Zarry, Realtor®
Chestnut Park® Real Estate Limited, Brokerage
416-562-8071 or [email protected]
www.zarryrealestate.com

Chestnut Park Real Estate Limited, Brokerage Christie's International Real Estate

01/11/2025

“Borrowing costs were top of mind for home buyers in 2024. High interest rates presented significant affordability
hurdles and kept home sales well below the norm. The housing market did benefit from substantial Bank of Canada
rate cuts in the second half of the year, including two large back-to-back reductions. All else being equal, further rate
cuts in 2025 and home prices remaining below their historic peaks should result in improved market conditions over
the next 12 months,” said the Toronto Regional Real Estate Board (TRREB) President Elechia Barry-Sproule.

For a more comprehensive insight into the market, don't hesitate to contact me.
Nicole Zarry, Realtor®
Chestnut Park® Real Estate Limited, Brokerage
416-562-8071 or [email protected]
www.zarryrealestate.com

Christie's International Real Estate Chestnut Park Real Estate Limited, Brokerage

12/13/2024

“As we approach the end of 2024, I am pleased to report an improvement in housing market conditions. Many home buyers patiently waited on the sidelines for reduced inflation and lower borrowing costs. With selling prices remaining well off their historic peak and monthly mortgage payments trending lower, the stage is set for an accelerating market recovery in 2025,” said Toronto Regional Real Estate Board (TRREB) President Jennifer Pearce.

For a more comprehensive insight into the market, don't hesitate to contact me.

Nicole Zarry, Realtor®
Chestnut Park® Real Estate Limited, Brokerage
416-562-8071 or [email protected]
www.zarryrealestate.com

Christie's International Real Estate Chestnut Park Real Estate Limited, Brokerage

11/12/2024

“While we are still early in the Bank of Canada’s rate cutting cycle, it definitely does appear that an increasing number of buyers moved off the sidelines and back into the marketplace in October. The positive affordability picture brought about by lower borrowing costs and relatively flat home prices, prompted this improvement in market activity,” said Toronto Regional Real Estate Board (TRREB) President Jennifer Pearce.

For a more comprehensive insight into the market, don't hesitate to contact me.

Nicole Zarry, Realtor®
Chestnut Park® Real Estate Limited, Brokerage
416-562-8071 or [email protected]
www.zarryrealestate.com

Chestnut Park Real Estate Limited, Brokerage Christie's International Real Estate

11/02/2024

OPEN HOUSE - 62 ELM AVE $5,950,000
Sun Nov 3rd

62 Elm Avenue is an elegant and large Centre Hall Georgian with exceptional family spaces. Beautiful oversized principal rooms, high ceilings, exquisite mouldings, Palladium windows, tall French doors leading to beautifully landscaped gardens. A Gorgeous, bright family room with wrap around windows and cozy fireplace is perfect in both summer and winter. Attached garage with adjoining mudroom. Gracious landings, with a balcony or deck off every level. Completely finished, private lower level makes ideal nanny or in-law suite, with separate entrance. Just a short walk to Yonge Street shops and restaurants and Branksome Hall, and public transportation.

10/05/2024

“The annual improvement in September home sales was more than matched by the increase in new listings over the same period. This resulted in a better-supplied market and increased negotiating power for buyers re-entering the market. The ability to negotiate on price, led to moderate year-over-year price declines, particularly in the more affordable condo apartment and townhouse segments, which are popular with first-time buyers,” said TRREB Chief Market Analyst Jason Mercer.

For a more comprehensive insight into the market, don't hesitate to contact me.
Nicole Zarry, Realtor®
Chestnut Park® Real Estate Limited, Brokerage
416-562-8071 or [email protected]
www.zarryrealestate.com

Chestnut Park Real Estate Limited, Brokerage Christie's International Real Estate

09/07/2024

“The Bank of Canada’s rate cut announced on September 4 will lead to a further improvement in affordability, especially for those using variable rate mortgages. First-time buyers are especially sensitive to changes in borrowing costs. As mortgage rates continue to trend lower this year and next, we should experience an uptick in first-time buying activity, including in the condo market,” said Toronto Regional Real Estate Board (TRREB) President Jennifer Pearce.

For a more comprehensive insight into the market, don't hesitate to contact me.
Nicole Zarry, Realtor®
Chestnut Park® Real Estate Limited, Brokerage
416-562-8071 or [email protected]
www.zarryrealestate.com

08/08/2024

Greater Toronto Area (GTA) home sales in July 2024 were up compared to July 2023. While sales were up from last year, buyers continued to benefit from more choice in the GTA marketplace, with annual growth in new listings outstripping that of sales. The better-supplied market meant that buyers also benefitted from a slight relief in selling prices on average.

“It was encouraging to see an uptick in July sales relative to last year. We may be starting to see a positive impact from the two Bank of Canada rate cuts announced in June and July. Additionally, the cost of
borrowing is anticipated to decline further in the coming months. Expect sales to accelerate as buyers benefit from lower monthly mortgage payments,” said TRREB President Jennifer Pearce.

For a more comprehensive insight into the market, don't hesitate to contact me.
Nicole Zarry, Realtor®
Chestnut Park® Real Estate Limited, Brokerage
416-562-8071 or [email protected]
www.zarryrealestate.com

Christie's International Real Estate Chestnut Park Real Estate Limited, Brokerage

Address

1300 Yonge Street
Toronto, ON
M4T1X3

Telephone

+14165628071

Website

https://www.zarryrealestate.ca/

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