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Market Updates | An Educated Approach to Real Estate™ Blog

Monday, July 8, 2019   /   by Sally Niu

Neighbourhood Guide - Birch Cliff, Scarborough

An established, family-oriented neighbourhood by the Scarborough Bluffs, Birch Cliff has been considered as one of the top 10 up-and-coming neighbourhoods in Toronto
The residents of Birch Cliff tend to be younger singles and families coming from upper-middle-income households. On the cusp of the Lake, this area is an oasis from the fast-paced city life and allows residents and guests to enjoy some serenity. The region is blessed with plenty of green spaces and parks such as Blantyre, the Runnymede Lands, and the alluring Rosetta McClain Gardens. Additionally, a large portion of the neighbourhood is dedicated to the Toronto Hunt Golf Course, perfect for friends, family, and coworkers outings! 
The neighbourhood is deemed somewhat walkable, with a walk score of 65, as some errands may be more car-dependent than others. Along with this, it scored at 66 for both bike-score and transit-score, meaning there’s always a way to get around!
Birch Cliff boasts a great variety of ...

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  real estate tips, market updates, neighbourhood guide, toronto real estate

Friday, July 5, 2019   /   by Sally Niu

GTA Real Estate Market At A Glance - June 2019 and Q2

The Toronto Real Estate Board released the June & Q2 2019 GTA real estate transaction data in its latest reports.
Interpreted intelligently, these statistics could provide invaluable insights to home buyers, sellers, tenants, and landlords alike. From determining your buying or selling strategies, adjusting timelines, to setting up realistic expectations, and predicting investment outcomes, these insights can guide consumers to act from an educated position.
Drawing on more than 50 years of expertise in real estate, Boiron Group summarized the two TREB reports into a bite-sized digest so you can be better informed of today’s market in no time.
TREB’s new president, Michael Collins, voiced his confidence in the GTA housing market. 
”I am proud to say that the Greater Toronto Area continues to grow, in terms of employment, population, and overall density. As people are attracted to our region from all around the world, they obviously need a place to liv. ...

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  real estate tips, market updates, real estate market insight, real estate market trends

Tuesday, June 11, 2019   /   by Sally Niu

Your Cottage Might Yield Better ROI than Your Home and Here is Why

Planning a cottage getaway this summer? Check out the fresh statistics of Canada’s recreational property market.



On June 6th, Royal LePage released its study on the recreational properties in Canada. The study reported a healthy overall price increase of 5% at a national level. The aggregated sale volume, on the other hand, suffered an 8.3% drop.
Across the country, baby boomers are competing with young families for limited inventory, driving up the price of recreational properties. Young families are the traditional driving force on the recreational property market. For many families, the cottage is a repository of fond family memories as kids grow up. Who can blame the retirees for seeking cottages, cabins, and chalet-style retirement properties in the countryside? It just so happens to be that over 31% of Canada’s population falls into the 50+ cohort.
READ: Top 3 Renovations To Boost Your Property’s Value
According to RLP, most provinces experienced ...

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  market updates

Thursday, June 6, 2019   /   by Sally Niu

GTA Real Estate Market At A Glance - May 2019

The Toronto Real Estate Board released the May and the second quarter of 2019 GTA real estate transaction data in their latest reports.

Interpreted intelligently, these statistics could provide invaluable insights to home buyers, sellers, tenants, and landlords alike. From determining your buying or selling strategies, adjusting timelines, to setting up realistic expectations, and predicting investment outcomes, these insights can guide consumers to act from an educated position.

Drawing on more than 50 years of expertise in real estate, Boiron Group summarized the three TREB reports into a bite-sized digest so you can be better informed of today’s market in no time.

In the recently released Market Watch report, TREB reported 9,989 transactions through the MLS system in May 2019. This represented a substantial increase of 18.9% compared to the 15-year low in May 2018. This figure, however, was still below May’s average sales for the past 10 years, which is apprh ...

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  market updates

Tuesday, May 14, 2019   /   by Sally Niu

GTA Real Estate Market At A Glance - April & Q1, 2019

The Toronto Real Estate Board released the April and the first quarter of 2019 GTA real estate transaction data in their latest reports.
Interpreted intelligently, these statistics could provide invaluable insights to home buyers, sellers, tenants, and landlords alike. From determining your buying or selling strategies, adjusting timelines, to setting up realistic expectations, and predicting investment outcomes, these insights can guide consumers to act from an educated position.
Drawing on more than 50 years of expertise in real estate, Boiron Group summarized the three TREB reports into a bite-sized digest so you can be better informed of today’s market in no time.
Condominiums, followed by semi-detached and townhouses, continued to drive price growth. Detached house prices dipped again, especially in the suburbs.
According to TREB’s April Market Watch report, the average selling price in the GTA increased by 1.9% year-over-year to $820,148. This represented the stro. ...

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  market updates