416-925-9191 Tiffany Sly, Sales Representative, Chestnut Park Real Estate Limited, Brokerage

"She has a very kind and friendly disposition, she was in tune with my needs and wants in a home and she delivered fast and quick results."

Yemi

Chestnut Parks number three team

Toronto Real Estate News - by Real Estate Agent Tiffany Sly

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. […]

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 […]

Dec
14
2016

Our Chestnut Park Real Estate Market Report for November is Out! Records continue to break…

The year is coming to an end, but there is no slowing down the Toronto resale market. The record for most sales in the greater Toronto area in any year has already been shattered, and there is still the month of December. The 8,547 sales reported in November took the total year-to-date sales to 107,840, […]

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
19
2016

Neighbourhood Highlight: Leslieville

According to TorontoNeighbourhoods.net, Leslieville began as a small village back in the 1850’s. The village grew up around the Toronto Nurseries owned by George Leslie and Sons after whom this neighbourhood is named.  Most of Leslieville’s first residents were either market gardeners or were employed at one of several brick making companies that used to […]

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
22
2016

Why Parkdale/West Queen West is one of Toronto’s coolest ‘hoods

With its wonderful tree-lined streets, walking distance to Toronto’s waterfront parks, impressive mansions, and affordable Victorian homes, it’s no surprise that Parkdale is one of the city’s most beloved neighbourhoods. The plethora of housing options in the area has resulted in one of Toronto’s most diverse demographics, while the Parkdale Community Watch recently received an award as the best neighbourhood watch group in the city. The many independent boutiques, trendy restaurants, […]

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 […]

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