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

"It was clear that she was looking out for us and was focused on finding us a home that fit our wants and needs."

Regan & Nicole

Chestnut Parks number three team

Buyer/Seller Misc.

Jun
13
2017

Our May 2017 Chestnut Park Market Report is out! The market has cooled but it’s only temporary …

There have been a number of changes in the Toronto and area residential resale market in the last two months, and yet in many ways it continues to resemble the market that had politicians and economists expressing sustainability concerns in February and in March. How is the market different? It can be summed up in […]

May
12
2017

Our Chestnut Park Real Estate Market Report for April is out! Sales taper off as inventory rises …

The Toronto and area marketplace behaved uncharacteristically in April. For the first time in many years the number of sales this month was fewer than the number of sales reported in the corresponding month the year before. In April there were 11,630 sales of residential properties in the greater Toronto area, a 3.2 percent decline […]

Apr
25
2017

The Ontario Fair Housing Plan – will it work? and what will be the impact on the real estate resale market?

On April 20th, the provincial government introduced the Ontario Fair Housing Plan. It is an omnibus package of measures with the stated intent to “help more people find affordable homes, protect buyers and renters and bring stability to the real estate market.” Two questions emerge: will it work, and what will be the impact on […]

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 […]

Mar
10
2017

Our February Chestnut Park Real Estate Market Report is OUT! Sales are not one of the major concerns related to the market. It’s the available inventory that’s the problem.

The question that economists, journalist, politicians and realtors are all asking is: What’s happening to the Toronto real estate market? What they are discovering is that there are no easy answers to this question. What’s prompting the question is the most recent residential resale data for the month of February. In February, there were 8,014 […]

Feb
13
2017

Our Chestnut Park Real Estate Market Report for January is out! INVENTORY is NEEDED!!

The Toronto and area residential resale market picked up where 2016 ended. In fact it accelerated the pace of sales we witnessed in December. This is unusual behavior for the market in January, usually a slow month, as buyers and sellers kick out the holiday season cobwebs. But these are unusual times, very unusual times. […]

Jan
12
2017

Our Chestnut Park Real Estate Market Report is out for December 2016 – slow but expected; January is sure to pick up!

Another record breaking year for the Toronto and area residential resale market. In 2016 113,133 properties were reported sold. This number shattered the previous record of 101,213 properties sold in 2015. That makes two consecutive years in which Toronto and area sales have exceeded 100,000. Prior to 2015 reported sales had not even come close […]

Dec
14
2016

Our Chestnut Park Real Estate Market Report for November is Out! Records continue to break…

The year is coming to an end, but there is no slowing down the Toronto resale market. The record for most sales in the greater Toronto area in any year has already been shattered, and there is still the month of December. The 8,547 sales reported in November took the total year-to-date sales to 107,840, […]

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, […]

Oct
19
2016

Neighbourhood Highlight: Leslieville

According to TorontoNeighbourhoods.net, Leslieville began as a small village back in the 1850’s. The village grew up around the Toronto Nurseries owned by George Leslie and Sons after whom this neighbourhood is named.  Most of Leslieville’s first residents were either market gardeners or were employed at one of several brick making companies that used to […]

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