It's official -Summer is here!
The warm weather isn't the only hot topic these days...The Toronto Real Estate Market has been a popular topic with news outlets telling us about the comings of a big dip in the market.... but what they aren't telling you is that even though sales might have slowed down in the last few months, prices don't seem to be dropping much.
When listening to the news, it's important to understand the differences in what they are reporting. According to TREB's Market Watch the number of houses sold, decreased by 20% compared to this time last year. HOWEVER, prices actually went up by 14.9%.
Included in this newsletter you will find a list of the top 20 street festivals in Toronto! Also, if you're thinking about
t
urning a tired, run-down property into something fresh and desirable, the experience can be hugely rewarding, but negotiating the complexities inherent in any renovation projects is a lot more challenging than new construction, where you have the luxury of starting with a blank slate. Below is a great article about how to avoid some costly
renovations
traps!
Lastly, take a look below for the best patios to visit in Toronto this summer!
As always thank you for your past and future business and any referrals you may have are always greatly appreciated..