One of the most quoted facts about the Greater Toronto Area (GTA) housing market is the “average selling price”. If you look at prices in the first quarter, you will see that the average selling price rose from $737,000 (rounded) in January 2018 to $785,000 (rounded) in March 2018. However, there are three surprises hiding within these numbers.
Continue reading “You don’t live in an “average” house”
Do you have family members planning to downsize “sometime” but will likely be caught napping if the real estate market changes? Here are some likely reasons they are stuck and what you can do to help them.
Continue reading “Caught napping while the market changes?”
Anyone planning to downsize in the Greater Toronto Area (GTA), needs to keep informed about the current real estate market. The following video provides a fresh perspective on five key market measurements. The goal is to provide you with greater insight for your own decision making.
Continue reading “Downsizing in Toronto? Essential info …”
The following table shows the average sales price of detached homes in the city of Toronto (Canada) from January to July in 2017.
Continue reading “What was the best month to sell in 2017?”
The short answer is: “while you still have options available to you”. That is, while you have some degree of choice and control over the timing. The answer is closely related to the topic “Why downsize?” Continue reading “When is the best time to downsize?”