Chestnut Park's Toronto Real Estate Update ~ March 2016

April 15th, 2016
Report prepared by Chris Kapches, LLB, President and CEO, Broker


We are running out of superlatives in describing the Toronto and area residential resale market place. Literally it is going to places where no market has gone before. Average sale prices, days on market, inventory and demand have reached levels that are unique and perhaps a little unnerving.


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In March the average sale price fo ...

Chestnut Park's Toronto Real Estate Update ~ January 2016

February 18th, 2016
Report prepared by Chris Kapches, LLB, President and CEO, Broker

The new year started strong, producing 4,672 residential resales, an increase of more than 8 percent compared to the 4,318 sales the market produced during January 2015. The big story early in the year is not sales, but the lack of inventory.
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In January only 8,957 new properties became available for sale in the greater Toronto ar ...

Chestnut Park's Toronto Real Estate Update ~ December 2015

January 14th, 2016
Report prepared by Chris Kapches, LLB, President and CEO, Broker

It’s almost anticlimactic to write about the Toronto residential resale market for December and year end 2015. The anticipation of a record breaking year had evaporated by September. Barring some economic catastrophe, by the early fall it was becoming apparent that the long standing record of 93,193 sales achieved in 2007 was goi ...

Chestnut Park's Toronto Real Estate Update ~ November 2015

December 15th, 2015

Report prepared by Chris Kapches, LLB, President and CEO, Broker

Two more market records were broken by the performance of the Toronto resale market in November. The first was the sales results for the month of November. Toronto area realtors were responsible for 7,385 property sales in November. This result represents the highest number of reported sales ever achieved for the month. By comp ...

November 2015 TREB Market Report Infographic

December 10th, 2015
It looks like November was another great month in the Toronto housing market with an increase in both homes sales and average selling price compared to the same time last year. 

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