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Steven Maislin's blog
Mandatory Provincial Residential Tenancy Agreement
As part of Ontario's Fair Housing Plan and Rental Fairness Act, the provincial government is introducing a new standard lease that will be mandatory for private residential leases signed on or after April 30, 2018, including tenancies in single and semi-detached houses, apartment buildings, rented condominiums and secondary suites (such as basement apartments).
April 2018. Dear Friend Update
Dear Friend,
Toronto Real Estate Board members reported 7,228 residential sales in March and a listing stock of 15,971 listings as we head into Toronto’s Spring Market. While the numbers are lower than the same period last year, they are still indicative of a healthy real estate market. The low listing inventory compared to the number of sales indicates a Seller’s market, and the average list to sale price ratio of 99% (Seller’s sold at 99% of list price) in an average of 24 days is further proof of that.
Greater Toronto Area Strong Price Growth Continues in Condo Segment
Toronto Real Estate Board President Tim Syrianos announced that the average selling price for condominium apartments sold through TREB’s MLS® System was up by nine percent year-over-year to $533,447 in the first quarter of 2018. While the number of condominium apartment sales reported by Greater Toronto Area REALTORS® in the first quarter was down by 29.7 percent year-over-year to 5,084, so too were the number of new listings, which were down by 11.1 percent annually to 8,030.
Please sponsor me and help "Stick it to Alzheimer's!"
I'm asking you to please join me in the fight!
For 13 years, I‘ve helped Baycrest Health Sciences fight this disease by raising funds via their ProAm Hockey Tournament.
As you know, the fight against Alzheimer’s disease and dementia goes on. Everyone I know knows someone who has battled this terrible illness. In fact, every 4 seconds someone on earth is diagnosed with Alzheimer’s or another form of dementia.
As of Tuesday, there will be no Ontario Municipal Board. Here's how industry players think it will affect the market
After years of controversy, Ontario’s quasi-judicial development proposal appeal body will call it quits on Tuesday. Whether or not that’s a good thing for the Ontario housing market depends on who you ask.
This Tuesday, the Ontario Municipal Board (OMB) will officially become the Local Planning Appeal Tribunal (LPAT), a transition that will bring a host of changes to the appeal body.
Look who made it to the top 50 list for 2017.
Top 50 Canada Individuals - Commercial
11. Sammy Hui
42. Steven Maislin
Top 50 Networkwide Individuals - Commercial
February 2018 Dear Friends Update
Dear Friend,
I was pleasantly surprised to see that the Toronto Real Estate Board reported 4,019 residential transactions in January 2018. Honestly, I thought the number would be much lower due to many buyers purchasing in December to take advantage of the old mortgage qualifying rules.
January 2018 Dear Friends, 2017 was an exciting year for the Toronto real estate market.
Dear Friend,
It was a rollercoaster ride of action, the highs and lows brought about by government’s decisions to try to slow down home prices increases utilizing adverse policy changes.
People search before they've even figured out what to buy. Ultimately they are looking for ideas and inspiration.
Today's super-empowered consumer knows they can research anything they need or want online. But while people are still searching for specific products, they are increasingly turning to search before they've even figured out what to buy. Ultimately they are looking for ideas and inspiration.
