Toronto has a fever and it's not just World Cup fever either. Sure there is a lot of cheering going on in the streets but it's not a celebration of a soccer victory. This time, people are cheering about the value of their homes. The condominium market, the bellwether of real estate health, has been very strong despite claims of overbuilding, and single family homes in the city are averaging over $1 million. Clearly Toronto has a supply and demand issue with over 64% of homes and 25% of condos selling at or over the list price. Weekend open houses and patio seating in Little Italy share one problem....crowd control.....

Have you ever had the feeling you should have zigged when you should have zagged? Have you ever wondered if your trip would have been shorter if you had taken a different route or left at a different time? Those questions, and many more, often confound our research team because lately trying to predict what the real estate market in Toronto will do is like trying to predict what direction an Ikea shopping cart will take you......

We are fed up with vortexes, (polar, pollen or otherwise), so this week we want to describe the increase in new property listings as Toronto’s Listing Tsunami. After a series of holidays and long weekends contributed to low inventories it seems that Sellers are finally getting with the program as both freehold and condominium listings nearly doubled last week. This tsunami is just what the city needs to quench buyers’ thirsts for homes.

While hitting a low of only 326 new listings in the core just a few weeks ago, last week we saw a remarkable 629 new freehold listings. Such an increase would surely make The Canadian Mortgage and Housing Corporation shiver if it weren’t for the 36% increase in sales as well......

When economists think the Toronto Real Estate Market is about to crash, the market seems to go up and when bankers say it's going to accelerate it slows down. Trying to figure out what the market is doing is like trying to figure out the most confounding tool of modern times....the Rogers cable remote. Luckily you have the Bosley Insight to provide insights into Toronto's complicated market.

For the third week in a row, listings in the freehold sector have dropped. Sure, we've had some short work weeks which may have accounted for fewer new listings, but we didn't expect a nearly 50% decline. More surprising was the nearly 80% drop in sales.....

With Easter behind us, and our hopes dashed for a Raptor playoff run, it’s time to concentrate on the task at hand, get that house all gussied up for the Spring market. There are flowers to plant and porches to paint. Curb appeal, after all, is the name of the game.  As if but a dream, the real estate market is back in full swing.

Freehold home listings saw a 16% increase last week with the biggest gain happening in the East and West core, particularly in the first time buyer segment ($400k-$700k)......

It’s happened for years. Every Easter the Toronto real estate takes a small break from the madness that we know as the Spring Market. Even if you don’t take part in the Easter festivities there are still the benefits of a long weekend to travel, reconnect with family or chill out around the house. Well, after reviewing last week’s numbers we can tell you that not everyone was content to sit on the sidelines of our frothy real estate market......

This week we have good news and bad news. The bad news is that the Toronto Maple Leafs are out of the playoffs. The good news is that without that distraction we can concentrate on Toronto’s next favourite past time...Real Estate. With the Spring market upon us you have to think fast to keep up.

The number of freehold listings rose by 15% last week. If you are keeping track, that’s nearly a 30% increase in the last two weeks.....