We have been having quite a rollercoaster of a winter with temperatures bouncing around from 0 to -30 to +9, as per my car thermometer! Based on Mr Groundhog, winter doesn’t seem like it is going to end any time soon.

We have a busy month ahead in Toronto as the city recognizes Black History Month (check out my events blog for more on that) and for those that choose to buy into the commercialization of Valentine’s Day, there's something below for you too! Also below is a link to a blog post I wrote regarding the increasing number of title theft cases in the city and ways in which you can try to protect yourself if you're a homeowner.

What am I looking forward to, you ask? One more big blast of snow up in cottage country so that I can use my new snowblower! Yes, I'm definitely a "Boys and their toys…" kinda guy.

Lastly, there’s been a lot of speculation about what could happen in the market over the next few months. As you’ll see below, CREA is predicting a bit of a turnaround in the coming months with a full return to normal in 2024. I think it depends partly on what happens with interest rates. If inflation can be curbed and rates go down, we’ll see higher activity in home sales.

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,
SAGE Real Estate Ltd., Brokerage
416-483-8000
CREA: Expect a Market Turnaround in 2023
The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity for 2023 and 2024. It’s predicting good news for the market in the coming year – not a full recovery, but the start of a market turnaround.
Top 25 Restaurant Picks for Valentine’s Day
Whoever said that food is the path to a person’s heart wasn’t wrong judging by the amount of mouthwatering Toronto restaurants we have to choose from. On Valentine’s Day, eating out is the perfect evening activity to release your romantic side and let your appetite roam free. Oh, but where to dine…?
Toronto Events for February
February can be a magical time of year, with plenty of Toronto events and activities to keep you busy and entertained with a wide variety of events happening throughout the month. From outdoor festivals and winter sports to indoor performances and art shows, there’s something for everyone to enjoy. Whether you’re looking for a fun family outing, a romantic date night, or a night out with friends, scroll down so you can plan your calendar and make the most of February!
Protecting Yourself From Home Fraud
Over the past few weeks, we’ve seen several stories about GTA properties being fraudulently sold. One was the sale of a condo at Aura Condos, another was the sale of a home in Etobicoke and in the third instance, the sale of a home in the east end which was thwarted before the sale was due to close.

The big question is – how can this happen?
Toronto Real Estate Board Market News
As we moved from 2022 into 2023, the Greater Toronto Area (GTA) housing market unfolded as expected. The number of January sales and the overall average selling price were similar to December 2022. On a year-over-year basis, both sales and prices were down markedly, continuing to highlight the impact of higher borrowing costs on affordability over the last year.
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NOT INTENDED TO SOLICIT BUYERS/SELLERS ALREADY UNDER CONTRACT.