Buyers have been somewhat annoyed with me of late.  I get this rather stern, terribly disappointed and rather shocked reaction when I propose that prices have “come back” to 2008 levels.  Of course, there was tremendous speculation that housing prices in Toronto had further to fall.  Naturally, with housing prices still in decline in major US markets, the Toronto condition seems like an anomaly. So while it’s a bit shocking to see the strength in the local market, I swear it’s not my fault!

The graphs at the bottom of the page tell the story.  While prices are not at a record peak, we have returned to the highs experienced prior to the decline that set in last fall.  Oh, and sales volume is back up.  Way up.

The upside is there are finally some terrific homes available on the market.  It’s true that during the difficult Fall months, many homeowners with fine properties sat on the sidelines and waited.  Some of those sellers have now come back to the market, resulting in a wider, richer and better selection of homes for sale.  And some terrific Unique Urban Homes have been listed of late, much to everyone’s relief.

And there’s more!  While I discussed only a few months ago in the Globe and Mail how infill developers were on the sidelines, some new projects are now finally being launched.  I’m especially delighted to be involved with Blurredge Group in their developments “Lippincott Living”.  These are 8 exceptional homes designed by Cecconi Simone and Netkin Architects, to be constructed on the boarder of Little Italy and Kensington Market.  I am conducting private tours of the showroom, by appointment.

The Toronto Sun profiles Paul Johnston in this recent article.  Both properties at 91 Claremont have now been sold.