Archive for May, 2012

Viewing Properties: How Many Is Too Many?

Viewing Properties: How Many Is Too Many? Photo

My wife and I have been known to watch a fair bit of television together. Although we share a love of many of the same shows (Twin Peaks, The Mighty Boosh, …to name a few) our viewing habits are different. She’s happy to sit through marathon sessions of back-to-back-to-back episodes, whereas I like to spread mine out.

When it comes to a show like Mad Men for example, I want time to digest what I’ve seen and let it sink in before moving on. In my opinion, cramming a bunch of episodes in all at once just muddies the experience.

I think the same can be said for viewing properties.

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Toronto Real Estate Market Report: April 2012 Statistics

Toronto Real Estate Market Report: April 2012 Statistics Photo

Following is TREB’s market report for April 2012:  Greater Toronto REALTORS® reported 10,350 transactions through the TorontoMLS system in April 2012. This level of sales was 18 per cent higher than the 8,778 firm deals reported in April 2011. The strongest sales growth was reported in the single-detached market segment, with transactions of this home type up by 22 per cent compared to a year ago.

“Interest in single-detached homes has been very high, both in the City of Toronto and surrounding regions. Growth in single-detached listings has not kept up with demand, which means competition between buyers in this market segment increased. With this in mind, it was no surprise that the strongest annual price increase was also experienced in the single-detached segment,” said Toronto Real Estate Board President, Richard Silver.