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

Buyer/Seller Misc.

Jul
10
2018

Our Chestnut Park June market report is out! The lack of inventory continues to drive the market ….

Nasty year over year comparisons came to an end in June. For the first time in more than a year we saw positive variances in the number of sales and average sale prices. It was unrealistic to compare the first few months of 2017 to any period. Those months represented the most frenetic period in […]

Jun
11
2018

Our May Chestnut Park Resale Market Report is Out! The City Has and Continues to Rebound …

There were no surprises in the May resale figures for the Toronto and area residential market. The three themes that emerge are that the city of Toronto resale market continues to strengthen (416 region); the 905 region continues as a drag on the overall market; and the high-end of the resale market ($2 Million plus) […]

May
9
2018

Our April 2018 Market Report is Out! The proof is in the pudding – the Ontario Fair Housing Plan was not the answer.

The Toronto and area residential resale market continued its recovery in April. For the fourth consecutive month the market has shown improvement in both the growth of average sale prices and the number of properties reported sold. In April 7,792 residential properties were reported sold, and the average sale price for all properties reported sold […]

Mar
27
2018

Our February Resale Market Report is Out! Inventory is down and prices are up!

There were no surprises in February’s residential resale data. Last year in February the market was verging on delirium. With record low mortgage interest rates, a severe supply problem, and a collective psychological belief that if you didn’t buy immediately you would be shut out of the market permanently. Under these conditions it was not […]

Feb
25
2018

Our January 2018 Market Report is out. Buyer psychology & inventory still lacking but the condominium apartment market continues to be HOT!

The residential resale market in the rst month of 2018 is, in a phrase, a tale of two markets. Actually, that is not entirely true. It is a tale of many markets, a fractured landscape that varies by housing type, and, importantly, by location. The overall data for the greater Toronto area indicates that compared […]

Jan
22
2018

Our Chestnut Park December 2017 Market Report is Out! Everything points to a balanced, sustainable, yet strong residential resale market for 2018!

We move into 2018 saddled by a number of market factors that make predictions more difficult than they already are for any year in real estate. 2017 was, without doubt, one of the most remarkable years in the history of the Toronto residential real estate market. The year began in the most frenzied fashion possible. […]

Dec
14
2017

Our November Chestnut Park Market Report is out ! November finished strong but in a fractured fashion – not all markets were equal …

November finished strong but in a fractured fashion. To use a cliché, not all markets were equal in November. The City of Toronto (area code 416) continues to strengthen, following the market declines after the province’s announcement of the Ontario Fair Market Plan and in particular a 15 percent tax imposed on foreign buyers in […]

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 […]

Oct
24
2017

Our September Chestnut Park Market Report is out! The market has recovered since the April announcements but some areas more than others …

The monthly average sale price had been on a downward spiral ever since the provincial government announced the introduction of a 15 percent foreign buyers tax on April 20th. In September the average sale price came in at $775,546. September’s average sale price was 6 percent higher than August’s average sale price, and almost 3 […]

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 […]

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©2018 Your friendly Toronto real-estate agent: Tiffany Sly,
Chestnut Park Real Estate Limited, Brokerage,
1300 Yonge Stree, Suite 100. Toronto, Ontario. , M4T 1X3 416.925.9191