Michael McCann

The Toronto Real Estate Board (TREB) has released the 4th quarter housing results for 2012.   From media reports we all heard that listings were down and with that sales as well.    What we did see is that house prices did not drop in value.   Toronto’s East End Danforth neighbourhood is popular for young families with […]

GTA REALTORS® RELEASE MONTHLY RESALE HOUSING FIGURES   TORONTO, February 5, 2013 – Greater Toronto Area REALTORS® reported 4,375 transactions through the TorontoMLS system in January 2013. This number represented a slight decline compared to 4,432 transactions reported in January 2012. “The January sales figures represent a good start to 2013. While the number of […]

Certainly what is being reported by the Toronto Real Estate Board is that across the GTA there are fewer listings, however house values remain stable.  Those are big, broad numbers and once you start to drill down into specific neighbourhoods you start seeing other merging patterns.   Some neighbourhoods have experienced a significant drop in sold […]

You’re in the International Space Station with Commander Hadfield and as you are traveling 367 kilometers above the earth at 7.7 km per second you spot a house.  So from this great vantage point you decide that the house looks great so then and there you buy it.  The good news, as of yet, there […]

GTA REALTORS® RELEASE DECEMBER 2012 RESALE HOUSING STATISTICS TORONTO, January 4, 2013 – Greater Toronto Area REALTORS® reported 3,690 sales through the TorontoMLS system in December 2012 – down from 4,585 sales in December 2011. Total sales for 2012 amounted to 85,731 – down from 89,096 transactions in 2011. “The number of transactions in 2012 […]

Another year has past, and it seems that resale housing prices in this Toronto East neighbourhood continue to hold their value.   Here is a quick look at what 2012 was like in East End Danforth or what some call The Upper Beaches: May was the most active month for sales with 32 while December had […]

 GTA REALTORS® RELEASE NOVEMBER 2012 RESALE HOUSING STATISTICS  TORONTO, December 5, 2012 – Greater Toronto Area REALTORS® reported 5,793 sales in November 2012 – down by 16 per cent compared to November 2011. “Transactions have been down on a year-over-year basis since June, after being up substantially in the last half of 2011 and the […]

It looks like our fall 2012 will see our Toronto housing market take it cyclical slowdown.  

 GTA REALTORS® RELEASE OCTOBER 2012 RESALE HOUSING STATISTICS Our Toronto monthly statistics have just been release.  If you are looking for detailed/updated statistics regarding a specific neighbourhood and housing style contact me and I will pull the data for you. Michael TORONTO, November 3, 2012 – Greater Toronto Area REALTORS® reported 6,896 transactions through the […]

September average price for a Toronto home has been release, but the additional 3 years of data it illustrates the cyclical nature of our real estate market.