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#VerityUpdates – Leslieville Market Update April 2020

#VerityUpdates – Leslieville Market Update April 2020

With March starting off so strong and then coming to a screeching halt mid month – April was really the first full month where we could take a look at the stats and how the lockdown affected the market. Overall the Toronto market continues to be strong and while certain areas are different than others,…

#VerityUpdates – Leslieville Market Update March 2020

#VerityUpdates – Leslieville Market Update March 2020

This update is a little bit different from any other updates because we had a lockdown and a State of Emergency declared in the middle of the month.You might be wondering how this affected our market, so let us tell you what we’ve been seeing. Prices have reverted back to what properties were selling for…

#VerityUpdates – March 2020 Toronto Real Estate Market Update

#VerityUpdates – March 2020 Toronto Real Estate Market Update

  The average home price across the GTA was $910,000. This represents a 16.7% increase in the average home price in comparison to February of 2019. February 2020 in comparison to February 2019: Sales were up 45.6% New Listings increased 7.9% Active Listings decreased by 33.6% More sales and fewer listings means it’s a great…

#VerityUpdates – Real Estate Market Update February 2020

#VerityUpdates – Real Estate Market Update February 2020

What the heck is going on? The past 6 weeks of 2020 have seen insatiable demand for all home types in the downtown core. Economic fundamentals generally remain strong with Toronto’s unemployment holding at 5.7% and the country’s inflation at 2.2%. Uncertainty around the US election, how Brexit is going to unfold and fears of…