Summary of regulation changes to the Toronto housing market – the good, the bad, and the ugly

Today, the provincial government introduced Ontario's Fair Housing Plan, which includes 16 measures to help cool Toronto's hot real estate market. Below is an overview of the measures and what I think will happen if they get passed - some of them are good, some are bad, and some are just plain ugly... Rental Housing [...]

April 20th, 2017|Danforth East Report, I Want To Be A Landlord, Leslieville Report, Roncy Report|Comments Off on Summary of regulation changes to the Toronto housing market – the good, the bad, and the ugly

SOLD: 7 Fern Avenue – Another Record Sale for Trust Realty Group

7 Fern Avenue was listed on Tuesday, April 4th at $979,000. Four days later it sold for over asking, a new record for a 12.5 foot wide rowhouse. So, what happened? How did it sell so quickly? This house was a charming Victorian rowhouse in a great Roncesvalles location. However, it needed quite a bit [...]

April 10th, 2017|Trust Success Stories|Comments Off on SOLD: 7 Fern Avenue – Another Record Sale for Trust Realty Group

The Demand is Real in Toronto

The demand is real. Toronto house prices are increasing faster than any other city in the world! In the past year, Toronto house prices rose 19%. Monte Burris sat down with CTV News to discuss this topic and what it means for the spring market.

April 6th, 2017|Roncy Report|Comments Off on The Demand is Real in Toronto

Toronto Housing Prices Up Over Last Year

Home prices in Toronto are up 22.6% over last year, causing economists to call Toronto's market a bubble. Last night Monte Burris spoke with CTV to discuss how the Toronto "housing bubble" is impacting both buyers and sellers, and whether or not it will burst anytime soon.

April 6th, 2017|Roncy Report|Comments Off on Toronto Housing Prices Up Over Last Year

Toronto Real Estate Continues to Soar

As we approach the spring market, Toronto and the GTA are still experiencing a housing supply issue. Monte Burris sat down with CTV news to discuss how housing prices will continue to increase dramatically until some policy comes into effect.

April 6th, 2017|Roncy Report|Comments Off on Toronto Real Estate Continues to Soar
test