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

Tag Buyer Information

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 […]

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 […]

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 […]

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
6
2016

Our July Toronto Real Estate Market Report is OUT. The Average Sale Price is up 16.6% Year over Year!

The Toronto residential resale market set a new record for sales in July. It appears that there are no more seasonal slowdowns. Almost 10,000 properties were reported sold in July, a month when historically both buyers and sellers took vacations and the number of sales dropped noticeably. Not this year. With 9,989 properties changing hands, […]

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 […]

May
19
2016

Our April Toronto Market Report is OUT! And the market is HOT HOT HOT!

April’s market report could be a replica of March’s report. We continue to run out of superlatives in attempting to describe the Toronto area residential resale market. As they did in March, average sale prices continue to go up, days on market continue to decline, the inventory of available properties is evaporating, and buyer demand […]

Mar
16
2016

Our February Toronto Market Report is out. The average sale price hits a new record!

January’s exceptional start paled in comparison to February’s results. February set a new high water mark for sale prices in Toronto. This speaks to the power of the Toronto resale market. In the past when records for average sale prices have been set its usually in the months of April and May, the months that are […]

Feb
22
2016

Our January 2016 Toronto Real Estate Market Report is out – Inventory is still lacking !

The new year started strong, producing 4,672 residential resales, an increase of more than 8 percent compared to the 4,318 sales the market produced during January 2015. The big story early in the year is not sales, but the lack of inventory. In January only 8,957 new properties became available for sale in the greater […]

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