The Brownstones of Leaside

01/20/2017

Toronto’s sizzling housing market is spilling over into the region’s rental market, pushing up rents to new records as tenants fought over a shortage of rental listings.

Average rents for condos rose 11.7 per cent in the fourth quarter of 2016, compared to the same period a year earlier, hitting nearly $1,990 a month for a typical 719-square-foot condo, according to new data from Urbanation Inc., a consulting and market research firm that focuses on the Greater Toronto Area’s condo market.

Rents rose the most in the Toronto city core, where condos rented for an average of $2,134 a month in the last three months of 2016, up 12 per cent from a year earlier. Average condo rents rose 7 per cent to $1,857 in the inner suburbs of Etobicoke, North York and Scarborough. They rose 6 per cent to $1,739 in the 905 region around the city

01/20/2017

For years, Canadian house prices outpaced rental price growth by leaps and bounds. But recently it’s started to look like rents may be catching up h http://ow.ly/k6fZ308cuUs

Rental price growth is beginning to catch up with house price growth.

01/19/2017

Ontario Home sales set new record in December 2016

Highlights

The provincial average price for homes sold in December 2016 was a record $535,969, rising 18.9% from a year earlier.

Residential sales up 4.9% in December 2016 compared to a year earlier.

New listings in Ontario numbered 9,819 units in December 2016, a decrease of 12.4% compared to last year.

The provincial average price of homes in December 2016 rose 18.9% compared to a year earlier.

There were just 2.3 months of inventory at the end of December 2016

06/22/2016

Investment Quote

06/15/2016

Its all about Mindset Success!

06/15/2016

Thai rolls are Toronto's hottest summer ! http://ow.ly/O7hI3019aF1

Thai ice cream rolls are now available in Toronto but you'll likely need to line up to taste one. Since opening a couple of weeks ago this new shop...