Blog – Page 2 – Dean Gibbons
Apr 17

Condo Prices Surge In Response To Fewer Listings

By Dean Gibbons | Market News

Toronto Real Estate Board President Tim Syrianosannounced that the average selling price for condominium apartments sold through TREB’s MLS®System was up by nine percent year-over-year to $533,447 in the first quarter of 2018. While the number of condominium apartment sales reported by Greater Toronto Area REALTORS® in the first quarter was down by 29.7 percent year-over-year […]

Continue reading
Apr 16

Affordable Units in New Residential Developments

By Dean Gibbons | Market News

​As part of the Promoting Affordable Housing Act, starting on April 12, 2018, Ontario municipalities will have a new planning tool at their disposal to encourage the creation of more affordable housing units – inclusionary zoning.  The provincial government has announced that it is giving municipalities the ability to require developers to include affordable housing units […]

Continue reading
Feb 23

Sales Are Slow, But So Are New Listings

By Dean Gibbons | Market News

February 6, 2018 — The Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 4,019 residential transactions through TREB’s MLS® System in January 2018. This result was down by 22 per cent compared to a record 5,155 sales reported in January 2017. Sounds bad right?  But if you remember that last January we were […]

Continue reading