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 | | TORONTO'S LUXURY HOME MARKET IS HOT | | | | | |  | | 9 TIPS TO WINNING A MULTIPLE OFFER HOME BID IN TORONTO | | | | | |  | | GTA REALTORS REPORT ON THE MARCH RESALE HOME MARKET | | | | | |  | | HOW HST AFFECTS NEW HOME SALES IN TORONTO | |
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 |  | | Real Estate Newsletter - April 2010 Edition | |
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TORONTO'S LUXURY HOME MARKET IS HOT |
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TORONTO'S LUXURY HOME MARKET IS HOT |
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Forest Hill and Bridle Path are the hottest spots for real estate worth $1 million-plus as February sales and prices soar.
A heated Toronto real estate market is lifting sales of luxury homes as the economy starts to improve and move-up buyers regain confidence, says a report by Coldwell Banker Terrequity Realty released Wednesday.
The top-performing area with sale prices in excess of $1 million in 2009 was Forest Hill, where 280 homes changed hands at an average price of $1.42 million.
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9 TIPS TO WINNING A MULTIPLE OFFER HOME BID IN TORONTO |
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9 TIPS TO WINNING A MULTIPLE OFFER HOME BID IN TORONTO |
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| Often times people find themselves in a multiple offer situation, whether it's the time of year, a very desirable home or an appealing listing price. How can you increase your chances of winning against competing home buyers?
Although the winner is usually the most qualified home buyer with the best price and the fewest strings attached, there are some other secrets to winning the bid. Not all buyers are interested in more than just price, and that makes knowing what to offer in this type of situation critical.
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GTA REALTORS REPORT ON THE MARCH RESALE HOME MARKET |
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GTA REALTORS REPORT ON THE MARCH RESALE HOME MARKET |
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| Greater Toronto Realtors reported 10,430 sales through the Multiple Listing Service® (MLS®) in March, pushing total first quarter 2010 sales to 22,418 – the best result on record under the current Toronto Real Estate Board (TREB) boundaries. The average price for March transactions was $434,696. The average price for the first quarter was $427,948. |
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HOW HST AFFECTS NEW HOME SALES IN TORONTO |
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HOW HST AFFECTS NEW HOME SALES IN TORONTO |
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| If there’s one common theory I’ve heard about the housing market for 2010, it’s that the first half of the year will be much better than the second. The two most common reasons cited for slower second half sales, neither of which I’m completely buying, are rising interest rates and the implementation of the harmonized sales tax (HST) on July 1, 2010. It would appear that the first part of the theory is holding true. |
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| Mark Bultje | | | Sales Representative | | | Royal LePage Signature Realty Inc., Brokerage | |  | |
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| 80 Harrison Garden Blvd, Unit 1628, Toronto |
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| 38 William Carson Cres, Unit 516, Toronto |
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| 28 William Carson Cres, Unit Ph7, Toronto |
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