March 2020 | Durham Region | Luxury Market Report

The March 2020 Luxury Market Report for Durham Region, presented by the Institute for Luxury Home Marketing. Share This Article: Follow Us on Instagram

February 2020 | Toronto Real Estate Market Report

Presented by Chestnut Park Real Estate, Limited. It is not surprising that February was one of the strongest and most robust resale months since April 2017. What is surprising is that the market unfolded in a landscape of low resale housing supply and record-breaking average sales prices. February saw 7,256 properties reported sold, almost 2,000 of…
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January 2020 | Toronto Real Estate Market Report

Presented by Chestnut Park Real Estate, Limited. A new decade, but little change in Toronto’s residential resale market. As anticipated in my December Market Report, January came in strong with 4,581 sales in the greater Toronto area. This was a stunning 15.4 percent increase compared to the 3,968 sales reported for January last year. Enthusiasm…
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December 2019 | Toronto Real Estate Market Report

Presented by Chestnut Park Real Estate, Limited. The December market for residential resale properties came in exactly as anticipated, with substantially higher sales and average sale prices compared to last December, and not surprisingly, the month and year ended with a critical shortage in available resale inventory. In December 4,399 properties were reported sold. This…
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2019 Luxury Market Review | Kitchener-Waterloo

The following information pertains exclusively to the luxury market (sales over $1,000,000). All statistics were obtained from the Kitchener-Waterloo Real Estate Board. City Overview: As we look back on 2019, we see that the Kitchener-Waterloo luxury market (over $1,000,000) continued to outperform other key markets located in southwestern Ontario and across the GTA.  The total…
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October 2019 | Toronto Real Estate Market Report

Presented by Chestnut Park Real Estate, Limited. October represents eight months of market recovery and stability in the Toronto and area residential resale marketplace. October roared in with 8,491 sales, 14 percent stronger than the 7,448 residential properties reported sold last year and almost 700 more properties than were reported in September. It is now…
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September 2019 | Toronto Real Estate Market Report

Presented by Chestnut Park Real Estate, Limited. Toronto and area’s residential resale market, which I have been describing as beautifully boring over the last few months, got a lot less boring in September. Compared to last September, reported sales were up by 22 percent, but more concerning is the fact that average sale prices jumped…
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2019 3rd Quarter | Lake Simcoe Waterfront Report

Total sales for the 3rd quarter are down substantially by 37%.  The largest drop in sales was in Georgina with total sales dropping from 37 in 2018 to 10 sales in 2019.  All other areas were on par with the previous years’ sales volume. Prices are down in all areas except Innisfil which experienced an 18%…
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2019 3rd Quarter | Kitchener-Waterloo Luxury Market Report

All data in report is based on homes with a sale price over $1,000,000. Overview Waterloo Region experienced a 56% increase in the total number of listings year-to-date (YTD) compared to the same period in 2018.  As at September 30th, 2019, there were 500 active listings priced over $1m in the Region. Total sales reported for the same period were up by 11.93% with…
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August 2019 | Toronto Real Estate Market Report

Presented by Chestnut Park Real Estate, Limited. Happily, the Toronto and area residential resale market place delivered August results as anticipated and in a way that ensures that the resale market will remain stable, sustainable and accessible. The only concern is inventory, particularly in the City of Toronto. Sales volumes were up by over 13…
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