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Our Past Newsletters

May 2023

Welcome to my May newsletter,
 
April showers (and if we’re being honest, May showers as of late) have been bringing May flowers. Things are starting to look beautiful in the city. The market has been busy and I’ve been loving working with my clients to sell their home, and/or buy their beautiful dream homes. It’s a wonderful time of year to buy and sell real estate.
 
Here is a brief look at the March Toronto real estate market as reported by the Toronto Real Estate Board:
“The Greater Toronto Area (GTA) housing market continued to tighten in April 2023. On a year-over-year basis, sales edged lower compared to April 2022, but new listings were down by more than one-third. Fewer listings relative to sales meant there was more competition between buyers, supporting an improvement in selling prices since the beginning of this year.

April 2023

Welcome to my April newsletter,
 
We are all settled into spring now, and thankfully, it’s starting to feel like it too! The High Park cherry blossoms are set to bloom at the end of this month and I’m looking forward to getting out and about in The Kingsway while enjoying seeing my neighbours out as well! It’s also a perfect time of year for showing homes – especially with the flowers starting to bloom. This is when curb appeal steps up a notch!
 
Here is a brief look at the March Toronto real estate market as reported by the Toronto Real Estate Board:
Greater Toronto Area (GTA) housing market conditions tightened in March 2023. Sales accounted for an increased share of listings in comparison to March 2022, suggesting that competition between buyers is on the rise. The average sale price was above the average list price for the first time since May 2022.

March 2023

Welcome to my March newsletter,
 
While it doesn’t feel like spring is in the air, the first day of spring is coming up quickly on March 20th. For me, spring is a fun time of year – the market gets busy and I love connecting with new clients as well as clients I have worked with in the past. With the interest hikes and challenges in the market, I know it may be a little different this year, but it’s a challenge I’m looking forward to – especially if it means I can help my clients and provide guidance beyond the headlines. If you’re planning to buy or sell in the near future, feel free to get in touch anytime to discuss any concerns or hesitations you may have.
 
Here is a brief look at the February Toronto real estate market as reported by the Toronto Real Estate Board:
February sales in the Greater Toronto Area (GTA) were down substantially from the pre-rate hike levels of early 2022. However, the number of new listings also dropped substantially year-over-year. The result was that the average selling price and MLS® HPI continued to level off after trending lower through the spring and summer of last year.
 

February 2023

Welcome to my February newsletter,
 
It’s the month of love! With Valentine’s Day just a few days away, I’m sharing a fun recipe for a night in or the perfect date-night spot in The Kingsway.
 
Here is a brief look at the January Toronto real estate market as reported by the Toronto Real Estate Board:
As we moved from 2022 into 2023, the Greater Toronto Area (GTA) housing market unfolded as expected. The number of January sales and the overall average selling price were similar to December 2022. On a year-over-year basis, both sales and prices were down markedly, continuing to highlight the impact of higher borrowing costs on affordability over the last year.
 
“Home sales and selling prices appear to have found some support in recent months. This coupled with the Bank of Canada announcement that interest rate hikes are likely on hold for the foreseeable future will prompt some buyers to move off the sidelines in the coming months. Record population growth and tight labour market conditions will continue to support housing demand moving forward,” said Toronto Regional Real Estate Board (TRREB) President Paul Baron.

January 2023

Welcome to my January newsletter,
 
Happy New Year!
 
I hope 2023 has been off to a great start for you. I personally love taking the time to map out my goals and intentions for the year, so starting a new year is always exciting for me. I especially look forward to working with new and existing clients this year.
 
Here is a brief look at the December Toronto real estate market as reported by the Toronto Real Estate Board:
The Greater Toronto Area (GTA) housing market experienced a marked adjustment in 2022 compared to record levels in 2021. Existing affordability issues brought about by a lack of housing supply were exacerbated by sustained interest rate hikes by the Bank of Canada.
 
“Following a very strong start to the year, home sales trended lower in the spring and summer of 2022, as aggressive Bank of Canada interest rate hikes further hampered housing affordability. With no relief from the Office of Superintendent of Financial Institutions (OSFI) mortgage stress test or other mortgage lending guidelines including amortization periods, home selling prices adjusted downward to mitigate the impact of higher mortgage rates. However, home prices started levelling off in the late summer, suggesting the aggressive early market adjustment may be coming to an end,” said new Toronto Regional Real Estate Board (TRREB) President Paul Baron.

December 2022

 Happy Holidays!
 
Are you all set for Christmas or Hanukkah? It’s such a busy time of year as everyone rushes to get gifts for loved ones, make it to holiday parties and still continues to work before taking some well-deserved time off.
 
While I’ll be celebrating Christmas with my family, I am looking forward to continuing to assist you with your real estate needs – even during the holidays!
 
Here is a brief look at the November Toronto real estate market as reported by the Toronto Real Estate Board:
Homeownership market activity in November continued to be influenced by the impact of higher borrowing costs on affordability. Sales were down markedly compared to the same period last year, following the trend that unfolded since the commencement of interest rate hikes in the spring. New listings were also down substantially from last year, and at a very low level historically. The fact that the supply of homes for sale has remained low, has supported average selling prices at the $1.08 to $1.09 million mark since August.

November 2022

Welcome to my November newsletter,
 
It’s time for the hustle and bustle of the holidays! For those celebrating, pulling decorations out from storage is a tastk that always has its rewards. There’s truly nothing like the holidays. And with the holidays come a ‘sleepy’ real estate market. As people begin to prepare for the holidays, sales and prices go down – which is the current case.
 
However, this is a perfect time for buyers! With less competition, it’s a great time to snag your dream home. If you’re ready to buy – now is the time! Please get in touch with me if you are a buyer.

October 2022

Welcome to my October newsletter,
 
I hope you had a wonderful Thanksgiving with your family. Now that Thanksgiving is behind us…it’s time to get in the spooky spirit. My kids love seeing the decorations around the neighbourhood this time of year. It’s so fun seeing how the neighbours decorate their homes for trick or treaters.
 
Here is a brief look at the September Toronto real estate market as reported by the Toronto Real Estate Board:
The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs in September 2022. Sales for the month reached 5,038, but were down by 44.1 per cent compared to September 2021. New listings were also down on a year-over-year basis by 16.7 per cent to 11,237. This was the lowest number of new listings reported for the month of September since 2002. This is especially troublesome given that the stock of homes in the GTA increased markedly over the last 20 years.

September 2022

Welcome to my September newsletter,
 
For those of you who sent kids back to school, I hope you are enjoying some much-deserved quiet time. I have been busy keeping up with the fall market, and finding beautiful dream homes for my clients. If you are interested in selling or buying this fall, please get in touch at your earliest opportunity.
 
Here is a brief look at the August Toronto real estate market as reported by the Toronto Real Estate Board:
There were 5,627 home sales reported through the Toronto Regional Real Estate Board9s (TRREB) MLS® System in August 2022, representing a year-over-year dip of 34.2 per cent 3 a lesser annual rate of decline compared to the previous four months. The August sales result also represented a month-over-month increase compared to July.
 

August 2022

Welcome to my August newsletter,
 
As we get ready to say goodbye to the summer holidays, I am preparing for a busy and exciting fall real estate market. I’ve loved enjoying time with my family this summer, while still helping my clients with their real estate goals, but I’m also looking forward to sending the kids back to school and getting into the swing of the upcoming season.
 
Here is a brief look at the July Toronto real estate market as reported by the Toronto Real Estate Board:
There were 4,912 home sales reported through the Toronto Regional Real Estate Board (TRREB) MLS® System in July 2022 – down by 47 per cent compared to July 2021. Following the regular seasonal trend, sales were also down compared to June. New listings also declined on a year-over-year basis in July, albeit down by a more moderate four per cent. The expectation is that the trend for new listings will continue to follow the trend for sales, as we move through the second half of 2022 and into 2023.

July 2022

Welcome to my July newsletter,
 
How is your summer going? With kids out of school and the summer holidays in full swing, I hope you have been making the most of July.
 
Here is a brief look at the June Toronto real estate market as reported by the Toronto Real Estate Board: Higher borrowing costs continued to impact home sales in June 2022. Sales totalled 6,474 – down by 41 per cent compared to last year’s strong result. The number of transactions was also down compared to May 2022, but this is often the case due to the seasonal nature of the market.
 
The average selling price, at $1,146,254, remained 5.3 per cent above the June 2021 level, but continued to trend lower on a monthly basis. The MLS® Home Price Index Composite benchmark was up by 17.9 per cent year-over-year, but also experienced a month-over-month dip compared to May. Annual price growth was driven more so by less expensive market segments, including townhouses and condominium apartments.

June 2022

Welcome to my June newsletter,
 
First, I would like to wish all the dads and father figures a very Happy Father’s Day!
 
June is such an exciting month…the kids get out of school, the first day of summer, beautiful warm weather and sunny days! I know I am looking forward to the rest of the month and the other summer months ahead.
 
Here is a brief look at the March Toronto real estate market as reported by the Toronto Real Estate Board:
Greater Toronto Area (GTA) housing market conditions continued to evolve in response to higher borrowing costs. Similar to April results, May 2022 sales were down on a monthly and annual basis. Conversely, active listings at the end of May were up on a month-over-month and year-over-year basis. More balanced market conditions have provided buyers with more negotiating power. As a result, while benchmark and average home prices were up substantially compared to last year, selling prices trended lower on a month-over-month basis.

May 2022

Did you enjoy the beautiful weather we had! It was so nice to get a glimpse of what’s ahead.
 
Here is a brief look at the April Toronto real estate market as reported by the Toronto Real Estate Board:
The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs, with the number of transactions down on a monthly and annual basis. As has been the case with previous rate tightening cycles, some home buyers have moved to the sidelines to determine how they will reposition themselves in the marketplace given the higher rate environment and related impact on affordability.

April 2022

Here is a brief look at the March Toronto real estate market as reported by the Toronto Real Estate Board:

There were almost 11,000 Greater Toronto Area (GTA) home sales reported in March 2022, capping off the third-best March and second-best first quarter on record. Tight market conditions continued to support a double-digit annual pace of price growth, with an average selling price of $1.3 million. The average selling price dipped slightly month-over-month, bucking the regular seasonal trend.

March 2022

Spring is in the air! The days are getting longer, the weather will start warming up soon…and the spring real estate market is in full swing!!!
 
Here is a brief look at the February Toronto real estate market as reported by the Toronto Real Estate Board:
February home sales were down compared to the all-time record in 2021, but represented the second-best result for the month of February in history. New listings dropped, but by a marginally lesser annual rate than sales, pointing to a modest move to a slightly more balanced market. Competition between buyers, however, remained tight enough to support double-digit price growth year-over-year.

February 2022

As we make our way through the shortest month of the year (that often feels like the longest due to the cold weather!), we can only hope an early spring is ahead.
 
Here is a brief look at the January Toronto real estate market as reported by the Toronto Real Estate Board:
Demand for ownership housing remained very strong from a historic perspective in January 2022. At the same time, listings remained in short supply, resulting in tight market conditions and very strong year-over-year price growth.

January 2022

Happy New Year!
It’s always great to have a fresh start. Aside from the snow we recently got, I hope 2022 is treating you well so far. Here is a brief look at the December Toronto real estate market as reported by the Toronto Real Estate Board: The Canadian Real Estate Association says housing sales will moderate next year, but prices aren’t expected to ease any time soon.

December 2021

Happy Holidays!
 
As we wrap up 2021, I’m looking forward to starting fresh, setting my intentions for 2022, and getting ready to help my clients with their real estate goals.
 
Here is a brief look at the November Toronto real estate market as reported by the Toronto Real Estate Board:
Housing prices in Canada are expected to increase steadily in 2022, with inter-provincial migration continuing in many regions and a short supply of homes in those areas pushing up costs. Sale prices are projected to go up by 9.2 percent on average across the country next year. It would follow an already “sensational” year in terms of sales and price appreciation.

November 2021

Are you all set for the holidays! We decorated our tree at our home and my kids are getting excited for Santa already! I hope this season brings you lots of joy.
 
Here is a brief look at the October Toronto real estate market as reported by the Toronto Real Estate Board:
Home sales in the Greater Toronto Area (GTA) reached the second-highest level on record for the month of October. However, the inventory of homes for sale did not keep up with demand. The number of new listings was down by approximately one-third compared to October 2020. Market conditions tightened across all major home types compared to last year, and the annual rate of average price growth remained in the double digits, including for the resurgent condominium apartment segment.

October 2021

Fall is here, the leaves are changing, the weather is…maybe a bit warmer than we would expect for fall, but who’s complaining!

 

The Toronto real estate market has dialled back the record-breaking drama we saw earlier in the year. And, while that has some breathing a sigh of relief (well, almost, at least), it may be wishful thinking to confuse a cooling market with a lack of interest — or significantly falling prices.

 

As the Canadian Real Estate Association (CREA) reports, the months of inventory (MOI) for single-detached homes numbered 0.9 at the end of the second quarter of 2021. This was down from the 1.6 months recorded at the end of the second quarter of 2020.

September 2021

Welcome to my September newsletter, The kids are back in school and the fall real estate market is in full swing! I hope your September is going well so far! We have an election coming up, and I created an overview of what each party is proposing for real estate. You can find this below. It’s important that we understand all the propositions being made to help us with voting. I’m also sharing the August real estate market update. Greater Toronto Area REALTORS® reported 8,596 sales through TRREB’s MLS® System in August 2021 – down by 19.9 per cent compared to the August 2020 record of 10,738. The condominium apartment market segment bucked the overall sales trend, with year-over-year growth in sales, continuing a marked resurgence in 2021. The number of new listings entered into the System was down year-over-year by 43 per cent.

August 2021

I hope you are staying cool during these hot summer days! With almost 9,400 sales reported in July 2021, demand for ownership housing remained well-above average for the time of year despite being below the record July result set a year earlier. Market conditions actually tightened relative to July 2020, with sales accounting for a greater share of new listings compared to last year. The sellers’ market conditions sustained a double-digit annual rate of price growth. You can view the market stats below! I also want to share some very exciting office news! The opening of Sotheby’s new state-of-the-art office in Toronto, in my beloved neighbourhood, The Kingsway, is now open. The new office will service a thriving luxury residential real estate market that has been one of the city’s most affluent neighbourhoods. The new office is located at 3109 Bloor Street West, Etobicoke. As I get settled in myself, I look forward to inviting you for a tour.

July 2021

As a record-breaking surge in Toronto home sales starts to spark concern that a bubble may be forming, one part of the market in Canada’s largest city is running even hotter than the rest: the luxury end. Sales of homes worth more than $4 million (US$3.2 million) surged 157 per cent in January and February from a year earlier, brokerage Sotheby’s International Realty Canada said in a report released Tuesday. By contrast, data from the Toronto Regional Real Estate Board for the same period showed sales across all price ranges rose 52 per cent. “There’s a huge pent-up buyer demand that’s existing at all areas of the market right now,” Don Kottick, chief executive officer of Sotheby’s Canadian real estate unit, said by phone. Among the luxury properties that changed hands in the first two months of the year, five sold for over $10 million, compared with just one a year earlier, according to Sotheby’s.

June 2021

May was an exceptionally busy month. I sold six beautiful listings to very happy buyers and sellers. What a great way to kick off the summer market. There are many exciting things to look forward to this upcoming month! I have three gorgeous new listings currently on the market, which you can see below. I am also so excited to announce a new member to Ashley Shaw and Associates! Please help me welcome my new sales representative, Cody Jones. He is a fantastic addition to my team, and I look forward to being part of his success! You can learn more about Cody and his experience below. As always, you will find a really great recipe (it’s perfect for Father’s Day) as well!

May 2021

We have a special weekend coming up with Mother’s Day on Sunday. I hope you all have something special planned. If you are still looking for last-minute gifts, do not hesitate to reach out to me. I can provide many local recommendations that have wonderful gift ideas for mom!  I am also getting excited for our new office to open up, which will be located in my neighbourhood, The Kingsway! I will share the news of its official opening soon! I’m looking forward to warmer days ahead and enjoy the outdoors 

April 2021

 The weather is finally warming up, and although we were all looking forward to enjoying the spring with family and friends, we have entered another lockdown during the third wave of the pandemic. I truly love my community, and with this in mind, I will be doing whatever I can to support our local businesses during this difficult time. I hope you will join me in doing the same.

March 2021

Spring is less than two weeks away and this weekend we’ll be turning our clocks ahead, which means that sundown won’t be until after 7pm! The Toronto real estate market continues to set records, with sales 52.5% higher last month than in February 2020. The average price for a detached home in Toronto hit $1.68M. The price growth is due to a lack of inventory on the market. If more homes are listed this spring, I think we’ll still see price gains, but perhaps not double digits.

February 2021

 I hope you and your family remain healthy and safe. Although it’s cold out (though a normal Toronto winter!) and we are still under a stay-at-home order, there are things to celebrate, including both Valentine’s Day and Family Day this weekend. 

January 2021

I hope you had a great holiday season and are getting settled into 2021. Although we’re currently under a lockdown, the vaccine is the light at the end of the tunnel and I am hoping that the holidays next year feel a lot closer to normal!

December 2020

Below you’ll find articles about the history of The Kingsway neighbourhood, the best Christmas cookies in Toronto and ideas for planning a luxe winter staycation.

October 2020

The Toronto real estate market saw another record breaking month in August. The market was the only thing hotter than the weather! 

November 2020

Toronto’s real estate market continues to set records. In the GTA as a whole, sales were up by 25.1% with an average price increase of 13.7%.

September 2020

The Toronto real estate market saw another record breaking month in August. The market was the only thing hotter than the weather! The average price for a detached home in Toronto was up by over 21% as compared to August 2019.

August 2020

The Toronto real estate market was on fire last month. The number of listings sold actually set a record and the average price across all types of homes was up from July 2019.

July 2020

Toronto’s real estate market really took off in June and I am seeing the same thing happening in July. Compared to May, sales are up significantly (89%!).

June 2020

Although it’s important to have a positive attitude, I think it’s also important to acknowledge what’s going on in the world right now.

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KINGSWAY OFFICE
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