by sutton old mill | Feb 3, 2023 | market stats, the numbers, toronto
➕january 2023➕ ➕‘the numbers’ for the first month of 2023 are in, and as expected, the data reflects a continuation of late 2022 trends. The number of sales in January were similar to December, but are down significantly [-51%] when compared to the highly...
by sutton old mill | Jan 31, 2023 | market stats, the numbers, toronto
➕What began as an extension of 2021’s high-flying real estate buying and selling frenzy soon enough tumbled and fell to a near standstill with the Bank of Canada’s hiking interest rates. As rates rose, resale home sales fell and property sat on the sidelines far...
by sutton old mill | Jan 13, 2023 | home ownership
The City of Toronto’s Vacant Home Tax (VHT) was created to improve the supply of housing in the city. Beginning in 2023, residential properties that are unoccupied for more than six months (cumulative) in a calendar year may be subject to the new tax, unless...
by sutton old mill | Jan 5, 2023 | market stats, the numbers, toronto
➕december 2022➕ ➕‘the numbers’ for the last month of 2022 are are in! December marked a historically quiet month in both sales and new listings – driven largely by seasonality and the continued aggressive Bank of Canada rate hikes. However there were a...
by sutton old mill | Dec 6, 2022 | market stats, the numbers, toronto
➕november 2022➕ ➕‘the numbers’ for November are in! The market continues to be influenced by higher borrowing costs that commenced in the spring. Total Sales have flattened month over month and remain down -50% when compared to November 2021. However with...
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