Off with the old and in with the new!
Before we say goodbye to 2013, let’s recap the most popular posts on our blog and in the greater Toronto real estate market.
Here is The Best of 2013!
What a year it’s been! Definitely not one of certainty… for the experts it was either going to be up or down. Many wrongly predicted the Toronto real estate bubble was going to burst, while others such as myself, suggested otherwise – that Toronto has no bubble. Home prices are up a healthy 8.9%, First-time buyers can still get a rebate on the Land Transfer Tax, the condo market remains stable with prices growing modestly and sales of homes worth 1 million or more are up substantially across greater Toronto.
The latest predictions suggest higher mortgage rates in the next few years will restrain housing sales in Ontario but that there will be no price correction. A humble 2-4% a year through 2016 is now what’s being forecast. You could read more on what’s in store for 2014 with some predictions from me in the coming weeks.
Enjoy this selection of the most read posts from 2013
Don’t forget to check out my Toronto, Vaughan and Thornhill real estate predictions for 2014 in the coming weeks!
If you have any questions about the home buying process or would like some information about the Toronto, Vaughan or Thornhill real estate market, feel free to contact me.
CONTACT ILAN NOW FOR A MORE PERSONALISED SEARCH EXPERIENCE!
Ilan Joseph is a Real Estate Broker with Sutton Group and is co-founder of a 10-person award-winning Toronto, Thornhill and Vaughan real estate team.
For over 10 years, Ilan has provided more than 1500 buyers and sellers valued advice and service, enabling them to reach their real estate goals.
He’s kind of like the Bruce Willis of real estate.