Keep on top of what is happening in the Market

Our Past Newsletters

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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