The End Of Blind Bidding in Canada
It’s not here yet, but I feel it’s just a matter of time. The process we currently have in place right now in real estate for submitting offers in a multiple offer situation is going […]
Author: David Coffey
What Will the Toronto Post-Covid Market Look Like?
First up, I know there are no guarantees of a post-Covid anything. We know that any variants of the virus could easily throw a wrench into our post-Covid Toronto lives. Still, things are looking up. […]
When A Property Doesn’t Sell On Offer Night
For the seller, this is how offer night in Toronto is suppose to happen: A day is chosen by the seller and the selling agent to review offers on a given property, usually a week […]
The Toronto Condo Bounce-Back: Let’s Break It Down
If there’s one kind of property type that took a serious hit from the arrival of Covid, it would have to be the downtown Toronto condo apartment. For most of last year, condo sales and […]
Plans to Cool the Market : Good, Bad and Ignored Ideas
When talking about another “red hot” real estate market, it’s a pleasant surprise for a change to not have Toronto or Vancouver be the focus. In fact, Toronto feels tame compared to some other regions […]
How To Manage Your Check List for Buying Real Estate
No two buyers are alike, but they do generally fall into one of two categories: The buyers who are not really sure what they would like to find and where to begin their search. These […]
Toronto Bubble Talk – It’s Back. Let’s Break it Down
If you have been ignoring real estate for all of 2021, you may not know that Toronto prices are up. And by “up”, I mean significantly up. Not just in Toronto, but the suburbs, other […]
The Implications of the Vacancy Tax on Toronto Real Estate
Well, it’s happening. The vacancy tax in Toronto has been passed at the end of 2020, and it’s officially coming to town in 2022. In its very basic form, a vacant home tax requires that […]
Putting in an Offer in a Hot Market
Let’s face it: The Toronto real estate market of the last 20 years has overwhelmingly been a seller’s market. Not always. There were times when buyers stepped back. Recessions in our economy or the new […]
How Covid Affects Toronto Real Estate Differently in 2021 Compared to 2020
I don’t think there is a person out there who does not want 2021 to be different, or more specifically, better than 2020. And though we would like to see Covid in the rear view […]
Why Did the Number of Toronto Condo Sales Surge in December?
I have never really seen a busy December condo market in Toronto. Traditionally, it’s pretty quiet. In fact, it is, statistically speaking, the slowest month of the year with the fewest transactions. Simply put: it’s […]
Toronto Real Estate Predictions 2021
So long 2020! You certainly made your impact. But your time here is done! And now it’s time to scratch our chins and ponder life in 2021. I don’t think there has been a year […]
Not as Planned: Toronto Real Estate 2020 Year in Review
As the year wraps up, I often review my past predictions from last December, and see how close they lined up with what really unfolded in Toronto real estate in 2020. And, at the risk […]
Is It A Good Time to Be A Toronto Buyer?
Let’s not kid ourselves. There have been very few times in the past twenty years that were favourable for Toronto buyers. It’s largely been a seller’s market since 2000 where buyers usually have to compete […]
Three Things That Affect Toronto Real Estate That Isn’t Covid-19
This year it may feel like the only thing that has influenced Toronto real estate has been Covid-19. And to a large extent, that’s true. But I’m here to tell you that’s not entirely true. […]
The Toronto Real Estate Market After Covid
It may be far too early to start dreaming about an end to this pandemic, but with positive reports coming out about a potentially successful vaccine that could be ready for us in early 2021, […]