Market Trends
Mike’s Monthly Memo – April 2021
There is so much misinformation being put out there. People like to say, “there’s nothing on the market,” or “there’s nothing for sale.” Yet we –‘we’ being Harvey Kalles Real Estate, we being the Toronto Regional Real Esta...
The State of Luxury Real Estate
The State of Luxury Real Estate By Luxury Portfolio International The residential luxury market is poised to have a banner year as demand fuels growth at the top, with real estate serving as the leading investment category of the day. T...
Real Estate Market Commentary – March 2021
It was a record-setting February for real estate in the GTA. With 10,970 sales reported through the Toronto Regional Real Estate Board’s (TRREB) MLS system, there was a 52.5% increase compared to February 2020. Sales were up for all ma...
Mike’s Monthly Memo – March 2021
Last week, I was fortunate to be included in a panel of real estate experts for a frank discussion on the market, hosted by Post City and the Rotman School of Management. One of the panellists was a developer with ties to the city centre, S...
Real Estate Market Commentary – February 2021
A Strong Start to 2021 The market for real estate in the GTA has gotten off to a strong start for 2021. The Toronto Regional Real Estate Board (TRREB) has posted the sales figures for January, and the 6,928 sales reported through the MLS Sys...
Mike’s Monthly Memo – February 2021
Through our global network of real estate affiliates, I have the pleasure of attending many informative and big picture market presentations. A recent one that I attended featured a senior economist with the Canadian Real Estate Association (...
Millennials: Reshaping Luxury Real Estate
luxuryBy Luxury Portfolio International How Millennials are reshaping Luxury Real Estate Defined as the generation born between 1981–1996, it’s safe to say that Millennials are not kids anymore. They have families, degrees, and hi...
Real Estate Market Commentary – January 2021
The Numbers Are In… The Toronto Regional Real Estate Board (TRREB) has posted the sales figures for December, and for a sixth consecutive month, sales of residential property in the GTA have set a monthly record. The 7,180 sales report...