Thursday, June 26, 2014

■Let's Submit an Offer!

Etobicoke’s Humber Bay Shores Park

My client fell in love with this newly built condo in Humber Bay Shores Park and decided to submit an offer on beautiful sunny evening.

This “Toronto’s West Coast, so to speak, an area that was known as ‘the Motel Strip’ up until just a few years ago, but which is now one of the most complete transformations that any area of Toronto has ever seen.”

This area is perfect for her because she needs to commute to both Mississauga and downtown Toronto. This community got everything she needs such as Italian Restaurant with patio to hang out with her girl friends, French Patisserie and Bakery for some treats, a grocery store with a friendly owner, Mani & Pedi Spa which got the best price and more!

The offer we submitted was accepted and she will move in on July 25!



Sunday, June 8, 2014

■June Events

June 14 (Saturday)
Roncy Rocks!

Roncesvalles Village will come alive with music and art for the fifth annual Roncy Rocks! Featuring the best local artists and musicians as well as an all-day sidewalk sale, Roncy Rocks promises to be a rockin’ good day of music and art in Roncesvalles Village. For more details.

June 20-22
(Friday to Sunday)
2014 Flyboard North American Championships (Red Path Water Front Festival Toronto)
The world's fastest growing watersport is now available to you. Fly like Ironman, and swim like a dolphin. Intuitive and addictive, Flyboarding is the newest and hottest craze offering a sensation like no other! For more details.

See you there!

Nat Smilis

Thursday, June 5, 2014

■Market Watch-June, 2014

Tight Market Conditions Prompt Strong Price Growth

June 4, 2014 -- Toronto Real Estate Board President Dianne Usher announced that both the number of home sales through the TorontoMLS system and the average selling price were up strongly in May compared to a year ago.

Total TorontoMLS sales for May 2014 amounted to 11,079 – a new high for the month of May. This result was up by 11.4 per cent compared to 9,946 sales reported in May 2013. The average selling price for these sales was $585,204, representing an 8.3 per cent year-over-year increase compared to the average price of $540,544 in May 2013.

“We are now at the peak of the spring market when we generally see the greatest number of sales and the highest average selling prices. Based on the May statistics, buyers have been more active this spring compared to last year. Despite strong price growth so far in 2014, many households remain comfortable with the monthly mortgage payments associated with the purchase of a home, as borrowing costs have remained at or near record lows over the past few months,” said Ms. Usher.

Average selling prices varied across the Greater Toronto Area, depending on geography and home type. A detached home in the City of Toronto sold, on average, for $943,055. In the surrounding GTA regions, the average detached price was $648,439. The average price for condominium apartments was $401,809 in the City of Toronto and $307,307 in the surrounding regions.

“The listings situation in the GTA did not improve this past May. With listings down and sales up compared to last year, competition between buyers increased. The result was price growth well above the rate of inflation, especially for singles, semis and townhomes,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.

“It is also important to point out that even though the condo apartment market segment remains comparatively well-supplied, as new project completions have generally led to an uptick in listings, we have seen enough buyer interest to prompt strong condo price growth as well,” continued Mercer.


11,079件 (前年同期に比べ約11.4%増加)
585,204ドル (前年同期に比べ約8.3%増加)