Well, spring was in the air...but it will return later this week!

Toronto's real estate market continues to set records. It was inevitable that sales would be up by volume compared to last March as the market came to a complete halt for a few weeks. However, the average price of a detached home sold in March 2021 was up by 19.2% compared to last March, the average price of a semi was up by 11.5% and the average price of a townhouse was up by 15%. The average condo price was down by .7%, but don't let that fool you - it's only because smaller units are selling again. Lack of inventory, low mortgage rates, looming new mortgage qualification rules AND the dreaded FOMO are partly the reason for this market. For a very good (and very funny) representation of the market right now, check out this TikTok!

Recent, inflammatory headlines about Toronto real estate include, "10 Examples of How Truly Shocking the Toronto Market Currently Is" and "Has Toronto Real Estate Officially Killed the ‘Asking Price’?". If you're curious about my take on the market, scroll down to check out my recent blog. Sure it feels some days like things really are off the charts right now, but it's not impossible to make a purchase. You just need the right information, a trusted guiding hand and a bucket load of patience. If you have any questions or want a price update for your neighbourhood, please give me a call!

On a sweeter note, it's almost ice cream season and the city has a number of great new spots open featuring small batch ice cream and gelato. Check out the link below!

As always, I thank you for your past and future business...and any referrals of friends or family you may have are greatly appreciated!

Check out www.be-at-home.com for exciting real estate opportunities!

Brian Elder
Sales Representative,
Royal LePage Real Estate Services Ltd. 
416 921 1112
20 Modern White Kitchens Packed With Personality
Stop calling white kitchens boring! Foxy, alluring and cool are just some of the ways to describe these modern spaces, which may be neutral, but are anything but basic.
My Best Advice For Buyers Right Now
If you’re a buyer in today's market, the most important advice I can give you is to stay positive and have patience. Many buyers compete in a number of "bidding wars" before they finally make a purchase. And just when you think you've fallen in love with a property, if you don’t get it, the fall can be pretty tough BUT know that there will always be another one that comes along. You just have to be patient.
Hot Docs: April 29 - May 9
Hot Docs starts on April 29th and this year and it's virtual. As usual, there's a wide range of documentaries being screened, from the enduring legacy of Sesame Street (including a live Q&A) to the presidential elections in Minsk.
Small Batch Ice Cream and Gelato to Try This Spring
Ice cream and gelato are having a moment right now and it's all about small-batch, handcrafted and premium pints. There is a newfound appreciation for the depth and complexity possible when it comes to this new wave of confectioners. Here are several notable small-batch ice cream pop-ups and shops that are worth checking out this spring -- guaranteed to convert any skeptic.
Paintbox Condos!
1603 - 225 Sackville Street: $749,000
Don’t miss this sun-soaked 2 bedroom, 2 bath corner suite with south east/west city and lake views! Features 9 foot ceilings throughout, an open concept living area with chef's kitchen that includes an island, marble backsplash, stainless steel appliances and walk-out to balcony. A 766 square foot suite + 119 square foot balcony! Fabulous building amenities. An ideal location within walking distance to TTC, shopping, restaurants, schools and much more!
Toronto Real Estate Board Market News
For the third straight month of 2021, record home sales continued in March across the Greater Toronto Area (GTA) with buyers taking advantage of favourable borrowing costs and continued improvement in many sectors of the economy.
Follow me
NOT INTENDED TO SOLICIT BUYERS/SELLERS ALREADY UNDER CONTRACT.