The Toronto Real Estate Board announced yesterday that, for the first time, the average price for an average detached home Toronto rose above the $1 million mark. $1,040,018 to be exact. Toronto saw 774 sales of detached homes with an average days-on-market of 16 — meaning it just took, on average, about two weeks for a detached […]
House Prices Up 7.8%, Sales Up 11.3%
A total of 6,338 home sales were recorded in February 2015 on the TorontoMLS. This increase in home sales represents an 11.3% rise over February 2014. House prices also rose by 7.8% compared to last year. “Even with the record low temperatures last month, we still saw an increase in the number of people purchasing […]
Home purchase down payment – how much you should have
When purchasing a home, you should have money set aside for the home purchase down payment (typically 5% to 20% or more) and closing costs (approximately 1% to 2%). Home purchase down payment The downpayment is the amount that you will apply towards the purchase price of the home, with the balance being the mortgage you […]
Do you have Toronto real estate questions?
If you have a question about Toronto real estate, I’m here to provide you with clarity and honest real estate advice. Hi, I’m Johnder, a Real Estate Broker with RE/MAX Hallmark Realty in Toronto. My goal is to provide you with clarity as you navigate through your real estate journey and help you focus on […]
I’m working on it!
Welcome to my new website! Sorry for the ’emptiness’ — I’m still moving in so please stay tuned. If you have any real estate related questions, just ask! ask@johnder.com
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