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

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 […]

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 […]

Aug
18
2017

Our July Chestnut Park Market Report is out! The market has changed because of psychology …

It is safe to say that the lull in the Toronto and area residential resale market is not due exclusively to the summer doldrums, although the seasonal slowdown that happens every year in July and August is no doubt adding to the slow market. In July, 5,921 residential properties were reported sold for the greater […]

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. […]

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