Sylvia Schmidt - Read My Blog

Toronto Real Estate Market Update - May 2024

Posted on May 09, 2024 in Market Update

Last month's home sales took a slight dip compared to the same time last year, but don't hit the panic button just yet. Here's the lowdown:

In April 2024, the Greater Toronto Area (GTA) saw a moderate decrease in home sales from April 2023. However, the plot twist lies in the surge of new listings, which shot up by a whopping 47.2 per cent year-over...

Toronto Real Estate Market Update - April 2024

Posted on Apr 04, 2024 in Market Update

It's that time again where we dive into the pulse of Toronto real estate market. March 2024 just left us with some interesting insights to chew on.

Let's break it down without getting too lost in the numbers jungle, shall we?

First off, the number of sales in March 2024 took a bit of a dip compared to the same time last year. But Good Friday decided...

Navigating a Sellers’ Market: A Guide for Buyers

Posted on Mar 14, 2024 in Buying Tips

In the whirlwind world of Toronto's real estate, the market often dictates the rules of engagement for both buyers and sellers. As Toronto re-enters a sellers’ market, where demand surpasses available inventory, buyers must equip themselves with strategies to navigate this competitive landscape effectively. So, what does Toronto's return to a selle...

Toronto Real Estate Market Update - March 2024

Posted on Mar 07, 2024

In the ever-evolving landscape of Toronto's real estate market, February 2024 showed promising signs of resilience and adaptation. Greater Toronto Area (GTA) home sales and new listings saw an upward trend both annually and monthly, painting a picture of cautious optimism among buyers and sellers alike. While selling prices edged slightly upward co...

Resurgence of Demand & Competition for Homes

Posted on Feb 29, 2024 in Buying Tips

In the heart of Toronto's real estate landscape, a significant shift is underway. It's like the housing market suddenly rediscovered its turbo boost button, sending buyers and sellers into a frenzy. Multiple offers are becoming the norm again, particularly for houses priced under $1 million. As we navigate through this resurgence in demand and heig...

Toronto Real Estate Market Update - February 2024

Posted on Feb 09, 2024 in Market Update

Welcome to the latest update on the Toronto real estate market as of February 2024. As we step into the new year, it's evident that the landscape is shifting, presenting both challenges and opportunities for homebuyers and sellers alike.

In January 2024, we witnessed a notable uptick in home sales compared to the same period in 2023. This increase c...