Uncategorised
Toronto Purchase (Treaty 13)
The Toronto Purchase of 1805 (also known as Treaty 13) was negotiated in an attempt to clarify and confirm the terms of the Johnson-Butler Purchase of 1787-88. Ultimately, it failed to do this and additional negotiations were required. These later discussions resulted in the Williams Treaties of 1923 and a compensatory settlement between the Government of Canada and the…
Read More2020: Year in Review — COVID-19 Impacts on Toronto Real Estate
Any conversation about how Toronto’s real estate market reacted to the beginning of the Coronavirus pandemic in 2020 needs to begin with how the market was performing before pandemic-instigated lockdowns were presented in mid-Walk. As we gave generally little consideration to the reports of another Covid emerging from China and affecting Italy in mid…
Read MoreGTA Home Prices Will Eclipse $1M In 2021: Toronto Regional Real Estate Board
The average selling price was up by 15.5 per cent. The Toronto Regional Real Estate Board said Monday that the average selling price for homes in the area will top $1 million for the first time later this year. TORONTO — Homebuyers in the Greater Toronto Area better prepare to spend more than they ever…
Read MoreTop Real Estate News of the Week: January 30 to February 5
Another week in Toronto has come to a close and, from January 30 to February 5, real estate news continued to take our desktops by storm. In fact, you may have struggled to keep up with it all! And, let’s be real: everything — *gestures vaguely* — is a lot right now, so there’s a fair chance…
Read MoreToronto Housing Market Outlook (2021)
Toronto housing market to favour sellers in 2021, prices expected to rise 6% The Toronto housing market is expected to be in seller’s favour in 2021, characterized by a persistent supply shortage and rising prices. Low inventory has been a common trend across many Ontario housing markets in 2020, putting upward pressure on prices. Indeed,…
Read More