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 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 […]

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 […]

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, […]

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 […]

Jan
15
2015

Our December 2014 Market Report is out! It’s clear the demand-inventory problem has been driving the market…

The Toronto residential resale market ended 2014 in strong fashion, recording 4,448 sales, an increase of 9.6 percent compared to the 4,058 sales recorded in December of last year. December’s sales bring the year-end total for residential resales to 92,867 properties sold, the second best year ever recorded for the greater Toronto area, and only […]

Nov
5
2014

Does new offer wording encourage real estate ‘bully offers’?

I think for the most part we’re all pretty familiar with the phrase ‘bully offer’ as it seems to be a common procedure since we continue to be challenged with the lack of inventory in key markets… If you are not familiar with this phrase, here is your crash course – When agents say they […]

May
27
2014

Our April Market Report is out!

Our Chestnut Park Market Report – APRIL 2014 The Toronto residential resale market continued a string of strong monthly performances in April, a trend that defines the spring market: low inventories, strong sales and rising average sale prices. Mortgage interest rates remain king. Historically low with no likelihood of an increase for the remainder of […]

Apr
4
2011

In a HOT market should I BUY or SELL first?

Many of us looking to buy a new home also have a home to sell. The question I get asked every day is “Should I sell first or buy first?”. The conception is in a HOT market – like we’re in now where most properties are selling quickly and some for higher than asking – selling your […]

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