416-925-9191 Tiffany Sly, Sales Representative, Chestnut Park Real Estate Limited, Brokerage

"I would definitely recommend Tiffany and her team for anybody looking to sell their home in Toronto."

Heath

Chestnut Parks number three team

Buyer Information

Nov
16
2017

Our October Chestnut Park Real Estate Market Report is out! The market has rebounded – We now have an increase in supply for buyers, and steady but sustainable price increases for sellers!

The Toronto residential resale market returned to form in October. It returned to where it should have been before the frenzy set in at the beginning of this year and buyers began competing for properties indiscrimately and paying unreasonable prices. Price increases of 30 percent on a year-over-year basis are simply unsustainable. Even without the […]

Sep
13
2017

Our Chestnut Park August Real Estate Market Report is out! August sales were down but September should be stronger than what we might expect!

There were no surprises in the market data for the month of August. It was expected that as compared to last year the number of reported sales would be down, and that the average price from residential resale properties in the greater Toronto area would once again decline. There were 6,357 properties reported sold in […]

Apr
20
2017

Our March Market Report is Out – The Toronto market place continues to be shaped by global factors as much as local factors such as supply and low mortgage interest rates.

March residential resale numbers were staggering, in every category. More than 12,077 homes changed hands in March, up almost 18 percent compared to the 10,260 that were reported sold last year. In comparing 2017 against 2016 it must be remembered that 2016 smashed all records for residential resales. The most daunting statistic emerging for March’s data […]

Nov
16
2016

Our October Chestnut Park Market Report is out! – The Seller’s market continues and how the new mortgage rules is affecting buyers…

In October the Federal Finance Minister implemented new “stress testing” for buyers looking for high ratio loans. A buyer seeking a high ratio loan normally has less than 20 percent of the purchase of the property. The new “stress testing” rules require borrowers to be qualified at banks’ posted rates, and not the discounted rates, […]

Sep
19
2016

Our Market Report for August is out! The GTA average sale price continues to rise…and it doesn’t seem to be stopping. We need inventory!!

As we enter the traditional fall market, the big story in Toronto is inventory shortage. At the end of August there were only 9,949 residential properties available to buyers, a number only slightly higher than the 9,813 properties reported sold in August. This is a historic low. For the past few years it was the […]

Jun
20
2016

Our Toronto Market Report is out – This was the best May in the history of the Toronto!

May 2016 was the best May in the history of the Toronto and area residential resale market. The market has evolved in such a way that every month new records are set. May was no exception. The 12,870 reported sales were a record. That number eclipsed May 2015 sales by more than 10 percent. Last […]

Feb
26
2016

You want to buy a house this Spring? Why getting pre-approved for a mortgage NOW is the best plan.

Spring is the busiest season in the Toronto real estate market. Be prepared! Before you start attending open houses and planning how you’ll arrange the furniture in your new living room, you should take the first step in the home-buying process: getting pre-approved for a mortgage. Why bother to get pre-approved? Shouldn’t you find the house […]

Sep
15
2015

Our August Toronto Real Estate Market Report Is Out!

Toronto Real Estate Market Report – AUGUST 2015 The greater Toronto market continued unchecked in August. The torrid pace that the Toronto and area market place for residential resale properties has been setting throughout 2015 continued in August. August’s results firmly put the Toronto market on track to shatter all previous resale records. At the […]

May
14
2015

The April 2015 TREB Market Report is out – Another milestone has been reached!

The Toronto residential resale market continues to strengthen as we move into the spring buying and selling season. Month after month the greater Toronto market reaches new milestones. All home types, including condominium apartments, saw both price growth and growth in the volume of properties sold. In April 11,303 properties were reported sold in the […]

Apr
8
2015

The March Real Estate Market Stats are out! The Seller’s market has been driving prices…

TORONTO, April 7, 2015 – Toronto Real Estate Board President Paul Etherington announced that Greater Toronto Area REALTORS® reported 8,940 sales in March 2015. This result represented an 11 per cent increase compared to March 2014. Sales were up for most major home types, both in the City of Toronto and the surrounding regions. New […]

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©2013 Your friendly Toronto real-estate agent: Tiffany Sly, Chestnut Park Real Estate, Toronto, Ontario. Phone: 416-925-9191