Nicki Skinner

MARKET UPDATE FOR THE WEEK ENDING JUNE 29TH, 2016

30 June 2016
Nicki Skinner

First we had Brexit and this week we have "schexit" also known as the last day of school (a unanimous vote to leave). For parents it means no more early morning rush to get the kids packed and out of the house. Traffic around the city gets a little lighter even with increased construction. But as we cruise into those hot summer months we have the opportunity to take a bit of a breather from our fast paced lives, take a trip out of town, enjoy some time sitting by the dock or under your favourite patio umbrella...unless you are trying to buy a house, in which case all bets are off.


MARKET UPDATE FOR THE WEEK ENDING JUNE 16TH, 2016

18 June 2016
Nicki Skinner

In real estate terms we call this time of the year the final push. It's that time for sellers to get into the market just before summer hits and thoughts turn to sipping beverages by the lake or taking the family on a summer adventure. Whatever your plans are, if you are a buyer, this is the time to consider getting into the market as new listings will tend to taper off over the next few months.


MARKET UPDATE FOR THE WEEK ENDING JUNE 19TH, 2016

17 June 2016
Nicki Skinner

Low interest rates, immigration, shortage of housing. These are the “go to” topics used to describe Toronto’s housing dilemma. Frankly we are starting to sound like a broken record these days. The truth is that while these are sources of a frustrating market, they don’t tell the full story of Toronto’s great housing success. Simple demographic shifts in population mean that over the next 20 years more and more people will be moving to cities and Toronto is one of the top destinations on the global stage. For the foreseeable future this could be the new normal.