Bidding wars in the GTA in 2021, again!?
Bidding wars in the GTA in 2021, again!?

We are supposed to be in a pandemic. A lot of people are out of work. Some businesses are shutting down for good. Why then, are we seeing bidding wars again in Ontario? Not just Toronto, but also the suburbs like York , Peel, Durham, and Halton. Even some condos are seeing bidding wars. Why?

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BlogKenneth Yimbidding, toronto, real estate, condos, houses, money, Toronto, Toronto Realtor, Toronto Real Estate, ontario, canada, peel, durham, hamilton, halton, york, businessComment
WILL INFLATION RETURN after the pandemic?
WILL INFLATION RETURN after the pandemic?

Let's welcome in the new year with a little outlook on what inflation may look like come post-pandemic. The vaccines have been released and are going to continue coming into Canada which means the pandemic could be coming to an end soon. Once everything is said and done, what's going to happen with our economy?

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Kenneth Yim Comment
Here are the latest MLS trends for the first 3 weeks of COVID-19:
Here are the latest MLS trends for the first 3 weeks of COVID-19:

Here are the latest trends during COVID-19:

I know this is unsettling times for everyone, and you’re worried about the market. Or perhaps you’re interested in jumping in. It’s on your mind: How has the coronavirus impacted the resilient Toronto real estate market and what’s happening during the COVID-19 pandemic?

Well here are the actual statistics from the Toronto Regional Real Estate Board’s live MLS feed. If it shows a zero number, that means that the results have not been released for the week yet, so check back tomorrow to see the most updated results. Also, we realize that it is difficult to use hard boundaries on selecting communities, but you have to draw the line somewhere, so this is what we came up with. It should be a big enough of a sample size to give you relevant information. As always, you can reach out to us if you want us to give you the statistics on your particular area and/or housing type.

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StatsKenneth YimstatsComment