416-925-9191 Tiffany Sly, Sales Representative, Chestnut Park Real Estate Limited, Brokerage
We would highly recommend Sheila and Tiffany to anyone for their attentive service, advice and experience, when seeking the services of real estate agents.

Suzanne & Kevin

Chestnut Parks number three team

Tag TREB

Jul
20
2017

Our June Chestnut Park Market Report is Out! Is our Pattern Similar to Vancouver??

June’s residential resale market data is as bewildering as the data was in May. The attention-getting news is that sales were lower by 37.3 percent compared to sales achieved in June 2016. Last year 12,725 properties were reported sold. This June only 7,974. Normally when sales are o by almost 40 percent other key market […]

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 […]

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, […]

Oct
12
2016

Our September Toronto Market Report is out! Two major concerns remain: declining supply and rising home prices…

As the month of September comes to an end, the two major concerns about Toronto and area’s resale market are declining supply, to critical levels, and rapidly rising home prices. Both have been issues throughout 2016, but they have now become hot points that are attracting the attention of government and potential government intervention. As […]

Sep
19
2016

Our Market Report for August is out! The GTA average sale price continues to rise…and it doesn’t seem to be stopping. We need inventory!!

As we enter the traditional fall market, the big story in Toronto is inventory shortage. At the end of August there were only 9,949 residential properties available to buyers, a number only slightly higher than the 9,813 properties reported sold in August. This is a historic low. For the past few years it was the […]

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, […]

Feb
8
2014

Average Selling Price Up Strongly in January

February 5, 2014 — Home ownership in the Greater Toronto Area remains affordable and there are many people looking to purchase a home. In January, the number of homes listed for sale was down quite strongly compared to last year, which means that it was difficult for some buyers to find a home. Greater Toronto Area […]

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