RSS

Open House. Open House on Saturday, September 30, 2023 2:00 PM - 4:00 PM

Please visit our Open House at 50 Teardrop CRES in Whitby. See details here

Open House on Saturday, September 30, 2023 2:00 PM - 4:00 PM

Welcome to 50 Teardrop Crescent! Walking distance to downtown Brooklin, restaurants, pubs and shops. Steps to schools, parks and minutes to 407 & 412. The main floor features an open-concept design. Spacious living room with backyard views. Family-sized kitchen walks out to an inviting yard. Upstairs offers 3 well-appointed bedrooms including the primary retreat boasting a walk-in closet and large 4pc ensuite. The unspoiled basement offers a laundry area and awaits your finishing touches!

Read

Open House. Open House on Sunday, October 1, 2023 2:00 PM - 4:00 PM

Please visit our Open House at 50 Teardrop CRES in Whitby. See details here

Open House on Sunday, October 1, 2023 2:00 PM - 4:00 PM

Welcome to 50 Teardrop Crescent! Walking distance to downtown Brooklin, restaurants, pubs and shops. Steps to schools, parks and minutes to 407 & 412. The main floor features an open-concept design. Spacious living room with backyard views. Family-sized kitchen walks out to an inviting yard. Upstairs offers 3 well-appointed bedrooms including the primary retreat boasting a walk-in closet and large 4pc ensuite. The unspoiled basement offers a laundry area and awaits your finishing touches!

Read

Open House. Open House on Saturday, September 30, 2023 1:00 PM - 3:00 PM

Please visit our Open House at 1042 Mcquay BLVD in Whitby. See details here

Open House on Saturday, September 30, 2023 1:00 PM - 3:00 PM

This stunning Monarch-built home on a premium Ravine lot in sought-after Queen's Commons is perfect for a multi-generational or growing family. Tastefully appointed with hardwood flooring throughout the main floor laundry and garage access. Offering four generous-sized bedrooms, including a Primary suite with a walk-in closet and en-suite bath. Spacious principal rooms with a magnificent eat-in kitchen featuring a butler's pantry with a walk-out to a large covered deck. Family room with study overlooking your incredibly private landscaped yard with stunning ravine views and in-ground pool. Complete with a finished walk-out basement, which includes a second kitchen, family room with gas fireplace, and 4-piece washroom. This property is near transit, highways, and all your much-needed amenities. This Must-See home is sure to meet your needs and then some.

Read

Open House. Open House on Sunday, October 1, 2023 2:00 PM - 4:00 PM

Please visit our Open House at 1042 Mcquay BLVD in Whitby. See details here

Open House on Sunday, October 1, 2023 2:00 PM - 4:00 PM

This stunning Monarch-built home on a premium Ravine lot in sought-after Queen's Commons is perfect for a multi-generational or growing family. Tastefully appointed with hardwood flooring throughout the main floor laundry and garage access. Offering four generous-sized bedrooms, including a Primary suite with a walk-in closet and en-suite bath. Spacious principal rooms with a magnificent eat-in kitchen featuring a butler's pantry with a walk-out to a large covered deck. Family room with study overlooking your incredibly private landscaped yard with stunning ravine views and in-ground pool. Complete with a finished walk-out basement, which includes a second kitchen, family room with gas fireplace, and 4-piece washroom. This property is near transit, highways, and all your much-needed amenities. This Must-See home is sure to meet your needs and then some.

Read

Open House. Open House Sat. Sept 30th from1:00 pm to 2:00 Pm

Please visit our Open House at 1042 Mcquay BLVD in Whitby. See details here

Open House Sat. Sept 30th from1:00 pm to 2:00 Pm

This stunning Monarch-built home on a premium Ravine lot in sought-after Queen's Commons is perfect for a multi-generational or growing family. Tastefully appointed with hardwood flooring throughout the main floor laundry and garage access. Offering four generous-sized bedrooms, including a Primary suite with a walk-in closet and en-suite bath. Spacious principal rooms with a magnificent eat-in kitchen featuring a butler's pantry with a walk-out to a large covered deck. Family room with study overlooking your incredibly private landscaped yard with stunning ravine views and in-ground pool. Complete with a finished walk-out basement, which includes a second kitchen, family room with gas fireplace, and 4-piece washroom. This property is near transit, highways, and all your much-needed amenities. This Must-See home is sure to meet your needs and then some.

Read

Open House.

Please visit our Open House at 1042 Mcquay BLVD in Whitby. See details here

This stunning Monarch-built home on a premium Ravine lot in sought-after Queen's Commons is perfect for a multi-generational or growing family. Tastefully appointed with hardwood flooring throughout the main floor laundry and garage access. Offering four generous-sized bedrooms, including a Primary suite with a walk-in closet and en-suite bath. Spacious principal rooms with a magnificent eat-in kitchen featuring a butler's pantry with a walk-out to a large covered deck. Family room with study overlooking your incredibly private landscaped yard with stunning ravine views and in-ground pool. Complete with a finished walk-out basement, which includes a second kitchen, family room with gas fireplace, and 4-piece washroom. This property is near transit, highways, and all your much-needed amenities. This Must-See home is sure to meet your needs and then some.

Read

New property listed in Brooklin, Whitby

I have listed a new property at 50 Teardrop CRES in Whitby. See details here

Welcome to 50 Teardrop Crescent! Walking distance to downtown Brooklin, restaurants, pubs and shops. Steps to schools, parks and minutes to 407 & 412. The main floor features an open-concept design. Spacious living room with backyard views. Family-sized kitchen walks out to an inviting yard. Upstairs offers 3 well-appointed bedrooms including the primary retreat boasting a walk-in closet and large 4pc ensuite. The unspoiled basement offers a laundry area and awaits your finishing touches!

Read

New property listed in Brooklin, Whitby

I have listed a new property at 50 Teardrop CRES in Whitby. See details here

Welcome to 50 Teardrop Cres. Walking distance to downtown Brooklin, restaurants, pubs, and shops. Steps to schools, and minutes to 407 & 412. The main floor features an open-concept design. Spacious living room with backyard views. Family-sized kitchen walks out to an inviting yard. Upstairs offers 3 well-appointed bedrooms including the primary retreat boasting a walk-in closet & large 4pc ensuite. The unspoiled basement with & a laundry area awaits your finishing touches!

Read

New property listed in Whitby

I have listed a new property at 1042 McQuay BLVD in Whitby. See details here

Coming Soon! Stunning Whitby Must-See Home is backing onto a ravine! This home has an incredibly private backyard with a walk-out basement overlooking a gorgeous inground pool with access to the ravine. The main floor features a magnificent eat-in kitchen with W.W/O to a beautiful balcony overlooking the gorgeous Backyard and sunsets. There is a spacious family room off the kitchen with a gas FP and a beautiful space/study that overlooks the vista of the ravine and pool. Beautiful hardwood floors throughout, main floor laundry w/ garage entry. There is a significant primary bedroom w/ ensuite, a large walk-in closet, and three large bedrooms on the 2nd floor. On the lower level is a walk-out basement with a kitchen, dining area, family room with gas FP, and 4-piece bathroom. Call Jim to preview this fantastic home at 905-409-9967 call today!

Read

As your trusted real estate expert, I'm here to give you a straightforward rundown of what's been happening in the Greater Toronto Area (GTA) real estate market this past August. Let's dive right in:

Cooling Off, but Steady:

The GTA real estate market continued to cool off in August. A few factors played a role, such as interest rate increases by the Bank of Canada, economic uncertainty, and a shortage of available homes. So, it's been a bit more relaxed for both buyers and sellers lately.

TRREB August 2023 Stats

Durham & Toronto Market Insights

Every city/town is unique as are the communities within them. Scroll through to find your town.

August 2023 Market Stats Durhamby Brian Stanton


August 2023 Market Stats Torontoby Brian Stanton


*See insights for Markham/Stouffville & Northumberland at the bottom.

Home Sales:

In August, a total of 5,294 homes were sold across the GTA. This is a bit up from July but down 5.2% compared to last year. The most popular choices among buyers were detached homes and condo apartments.


Home Prices:

The average selling price for a home in the GTA was around $1,082,496. It's up slightly from last year but down 3.2% from July. So, prices have been holding fairly steady, with some fluctuations in condos and semis in the Durham Region.


Inventory Levels:

Right now, we have about 2.2 months of inventory. Technically, this means it's still a seller's market (anything below 3 months). But, due to the impact of interest rates, it's more balanced. We did see more listings this year, but overall, we still don't have enough homes for sale.


Days on Market:

Homes are selling faster than they did last year, but it's taking a bit longer than it did in July. On average, homes in Durham Region took 22 days to sell, and in Toronto, it was around 29 days.


Mortgage Rates and Affordability:

Interest rates have gone up ten times since April 2022. That's affecting how much people can afford to borrow. So, affordability is on the minds of many buyers. High demand and low supply are also keeping prices from dropping considerably.


Investor Trends:

We're noticing that condo investors in Toronto are starting to sell their units because of those rising interest rates. This might make condos a better option for homebuyers.


External Factors:

Interest rates are still a big deal. They affect how much people can spend on a home and how motivated sellers are. Plus, we're seeing a lot of new folks moving to the GTA, which is keeping things competitive despite challenges for buyers.


Local Market Variations:

Certain areas, like Whitby, saw a 25.2% increase in condo prices. But don’t be fooled. This was likely because there were fewer sales, and some specific properties affected the average price. We call those sales outliers.


What's Next:

As we head into September and the Fall Market, we usually see more listings and more buyers. The Bank of Canada decided to keep interest rates at 5% for now, so that gives buyers some short-term certainty. We predict a more balanced market in the near future, with financing costs being a bit high for aggressive bidding wars, but still, strong demand and low inventory will keep prices competitive.


What's the Takeaway

In a nutshell, the GTA real estate market is still active, but it's finding a more balanced groove. If you're buying or selling, make sure to stay updated with these trends, and feel free to reach out if you have any questions or need assistance. We're here to help you navigate the ever-changing real estate landscape!


MORE MARKET INSIGHTS

August 2023 Market Stats Markham Stouffvilleby Brian Stanton
August 2023 Market Stats Northumberlandby Brian Stanton


Read
Categories:   2022 | 2023 | 2024 | Ajax Real Estate | Amberlea, Pickering Real Estate | Annex, Toronto C02 Real Estate | Anti-Flipping Tax | APSLEY Real Estate | Apsley, North Kawartha Real Estate | attractions | back to school | Bank of Canada | Bay Ridges, Pickering Real Estate | Bendale, Toronto E09 Real Estate | Benjamin Tal | best lawn fertilizer | best weed killer | Blue Grass Meadows, Whitby Real Estate | Bowmanville Real Estate | Bowmanville, Clarington Real Estate | Bridle Path-Sunnybrook-York Mills, Toronto C12 Real Estate | Bridle Path-Sunnybrook-York Mills, Toronto Real Estate | Brooklin, Whitby Real Estate | buyers | buying a home | Canada Economy | Centennial, Oshawa Real Estate | Central Oshawa Go Train Station | Central West, Ajax Real Estate | Central, Oshawa Real Estate | Chandos, North Kawartha Real Estate | Christmas | CIBC | City Centre, Mississauga Real Estate | City of Oshawa | Clarington, Durham Real Estate | clean gutters | clean gutters and downspouts | cleaning your deck | corn gluten | corn gluten meal | coronavirus | Courtice, Clarington Real Estate | covid-19 | covid-19, coronavirus | credit card rate cuts, mortgage payment deferrals, COVID-19, coronavirus | curb appeal | December 2023 Market Update | deck | Donevan, Oshawa Real Estate | downspouts | Downtown Whitby, Whitby Real Estate | drainage | Durham | Durham Region | durham region tourism | Fall Market | farms in durham | February 2023 | February 2024 | fertilizer | financing | Foreign Buyer Ban | gardens | Go Train | Go Transit | government of ontario | GTA | GTA Real Estate Stats | gutter | gutter guards | gutter maintenance | gutters | Holiday Season | home maintenance | Housing Forecast | interest rates | Ipsos | January 2023 | July 2023 | June 2023 | Lakeshore East Go Train Expansion | Lakeview, Oshawa Real Estate | lawn | lawn and garden | lawn care | leak prevention | Little Lake, Cramahe Real Estate | lush green lawn | Lynde Creek, Whitby Real Estate | March 2023 | Market Outlook | Market Stats | market update | May 2023 | McLaughlin, Oshawa Real Estate | mortgage | mortgage rates | Mother's Day | New Development in Central Oshawa | Newcastle, Clarington Real Estate | Newtonbrook East, Toronto C14 Real Estate | North Kawartha Real Estate | Northglen, Oshawa Real Estate | Northwest Ajax, Ajax Real Estate | October 2023 | ontario | ontario government | Open Offer Process | oshawa | Oshawa Real Estate | oshawa botanical garden | Oshawa Go | Oshawa Real Estate | Oshawa, Durham Real Estate | Parade | parenting | parks | peony festivael | pick your own strawberries | Pinecrest, Oshawa Real Estate | Port Whitby, Whitby Real Estate | Pringle Creek, Whitby Real Estate | re-open | real estate legislation | Real Estate Market | Real Estate Market Stats | Real Estate Statistics | Redevelopment in Durham Region | Residential Commercial Development in Oshawa | ribfest | Rolling Acres, Whitby Real Estate | Rouge E10, Toronto E10 Real Estate | Rural Cramahe, Cramahe Real Estate | Rural North Kawartha, North Kawartha Real Estate | Rural Whitby, Whitby Real Estate | sales forecast | Samac, Oshawa Real Estate | Santa | Santa Claus | Santa Claus Parade | school | September 2023 | site seeing | social distancing | South East, Ajax Real Estate | South West, Ajax Real Estate | spring cleaning | strawberries | summer events | summer home maintenance | Toronto | Toronto Regional Real Estate Board | Toronto Vacant Home Tax | TRESA | TRREB | TRREB Stats | Trust in Real Estate Services Act | week killer | Whitby Real Estate | Williamsburg, Whitby Real Estate