Myra Bongard + Mark Draper

Real Estate News

Myra + Mark Update


We hope all is well with you and your family. We want to update you with market statistics that may assist in your current and future buying and selling decisions. We continue to offer our clients reduced commission rates and other promotions regarding Land Transfer Tax, legal fees, moving costs and other incentives to assist with your buying and selling experience.

We are now affiliated with Right At Home Realty Inc. which is the largest Independent Brokerage in Canada with over 2500 Agents. We have both attained Chairman Status which is awarded to the top 3% of the company's Agents.

As always, we'll sell your home for the best possible price or negotiate a purchase that will fulfill the vision of your next home.

We look forward to hearing from you or your family and friends for a hassle-free valuation or any market information that may assist them. Please ensure that anyone mentions being referred by you so that we can appropriately extend our appreciation to you.

Our direct mobile numbers are: Myra - 416-587-8745 and Mark - 416-456-6275

Our Motto continues to be: NO GIMMICKS - JUST RESULTS

Best Regards,

Myra + Mark

Low-Rise Market Conditions Remain Tight - Greater Toronto Area REALTORS® reported 9,061 sales through the TorontoMLS system in June 2013 - down by less than one per cent compared to June 2012. Over the same period, new listings were down by a greater rate than sales, suggesting market conditions became tighter. "The sales picture in the GTA improved markedly in the second quarter of 2013. While the number of transactions was still down compared to 2012, rates of decline were substantially improved compared to the first quarter," said Toronto Real Estate Board President Dianne Usher."As a growing number of homebuyers, many of whom put their purchase on hold due to stricter lending guidelines, now reactivate their search, the expectation is for renewed growth in home sales in the second half of 2013," added Ms. UsherThe average selling price in June was up by 4.7 per cent year-over-year to $531,374. In line with the 2013 norm, June price growth was driven by the single-detached and semi-detached market segments, particularly in the City of Toronto. Over the same time period, average condominium apartment selling prices remained in line with 2012 levels."The short supply of low-rise home types in many parts of the GTA relative to the number of households looking to buy continued to prompt strong upward pressure on selling prices of singles and semis," said Jason Mercer, TREB's Senior Manager of Market Analysis. "We have also seen enough buyers in the better-supplied condo apartment market to provide support for selling prices at current levels.”