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CONDOS LED THE WAY IN 2018

Looking back at 2018, the housing market was quieter than we’ve experienced in previous years. With 77,426 residential transactions reported through the Toronto Real Estate Board’s MLS system, it was the lowest annual sales total since 2008, and represented a 16.1% decline in volume from the previous year. Stricter lending criteria, rising interest rates, and a 12.7% drop in the number of new listings were all factors in this decline.

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SOURCED FROM TREB DECEMBER 2018 FOR CENTRAL TORONTO. FOR STATISTICAL USE ONLY.

 
 
 
 
 
 
RECREATIONAL CANNABIS AND RESIDENTIAL REAL ESTATE
 

Recreational cannabis was legalized in Canada on October 17, 2018. Individuals may now recreationally smoke, vape and even cultivate cannabis at home, subject to restrictions that may exist in lease agreements, a condominium corporation's declaration, bylaws and rules, or otherwise. Before smoking, vaping or cultivating cannabis in your private residence, you should be mindful of the following:
 

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WHAT'S HAPPENING 

 

JANUARY 12-21
Get a preview of summer at the 10-day show devoted to all things watercraft.
JANUARY 17-20
Bringing together the newest and most innovative of International and Canadian design.
 
JANUARY 18 - MARCH 3
The city's original light festival artfully illuminates the Distillery District.
 
JANUARY 25 - FEBRUARY 7
Brighten up your winter palate; try something new, something exotic, something traditional or try it all!
 

HARVEY KALLES REAL ESTATE LTD., BROKERAGE
#1 Independent Brokerage in Toronto*

416.441.2888
 www.harveykalles.com  |  info@harveykalles.com

*Dollar value of all MLS listings sold (source: IMS 2017)
Almost $2.9 billion in sales volume, 2017

 

OFFICES

CENTRAL  2145 Avenue Road, Toronto
YORKVILLE  113 Davenport Road, Toronto
MIDTOWN  532 Eglinton Avenue West, Toronto
BLOOR WEST 2316 Bloor Street West, Toronto
MUSKOKA  1A Lee Valley Drive #6, Port Carling
LAKE OF BAYS  13 Minerva Street East, Hunstville

CLICK HERE TO SEE OUR CURRENT LISTINGS
 
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