While sales were down y-o-y in slightly more than half of all local markets in October, including Greater Vancouver and the Fraser Valley, sales increased in the Greater Toronto Area (GTA) and Montreal by a wide margin!
According to new statistics released today from the Canadian Real Estate Association, while the GTA saw a healthy increase in sales, the number of real estate transactions across the country dropped 0.4% from August to September 2018.
With the rise of 'home and design' media in recent years, staging has evolved to now be considered an essential tool in communicating what a home for sale 'should' look like in order to appeal to prospective purchasers.
According to fresh statistics from the Canadian Real Estate Association, just over half of local housing markets reported a slight increase in activity during August, led by impressive gains in the Greater Toronto Area!
If you have ever driven down Toronto's Don Vally Parkway, or explored the surrounding Greater Toronto Area, you'll see apartment buildings dating from the 1950s through 1970s standing tall across the urban landscape. These towers are part of a renewal project led by ERA Architects.
In cities like Toronto, similarly-priced properties can represent polar opposite products, based on something as hard to quantify as location. In this piece we look closer at what makes up 'value' and how to set search parameters based on those components.