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David Stoddard

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Displaying blog entries 1-10 of 318

Amazing Clients! Amazing Results!

by David Stoddard

 

" For many people, purchasing their first property is one of the most significant decisions they would make. There are several unknowns and a recurring thought of “what if ” never goes away. As I experienced, the right realtor can address many of those nagging concerns and actually ease the stress of purchase.

I was introduced to David Stoddard through one of my relatives. It was early February, the property market was unusually hot and I had little idea about how i should pursue purchasing one. David sat me down in his office, walked me through a process that a prudent buyer should follow and after that, just listened.

It took me about six months to locate the property i liked and could afford. I went through about nine properties and not once did David attempt to force my hand. He gave his genuine feedback every time and allowed me to make the call.

It would be a struggle to find a realtor as professional, patient and focused as David and I highly recommend that buyers consider having him as their realtor to make their property hunt a positively memorable one.”

- Sudeep K

 

For all of your real estate questions please contact me direct (416-520-6746) or by email, David@DavidStoddard.ca

** You can follow my real estate posts on FACEBOOK. Click here to LIKE my real estate page

Oh, by the way……if you know of someone who would appreciate the level of service I provide, please call me, text me or email me with their name and number. I’ll be happy to follow up and take great care of them.

 

 

GTA Real Estate Market Report August 2017

by David Stoddard

Average Price Up in August 2017

 

 

Greater Toronto Realtors reported 6,357 residential sales through the Toronto MLS system in August 2017. The number of transactions in August represented a 34.8% decline compared to 9,748 transactions reported in August 2016.

For the region as a whole detached homes in the GTA experienced the largest sales decline at 41.6%.

The number of new listings reported in August was down by 6.7% compared to August 2016. The number of active listings reported in August was up by 65.0% compared to August 2016.

“Recent reports suggest that economic conditions remain strong in the GTA. Positive economic news coupled with the slower pace of price growth we are now experiencing could prompt an improvement in the demand for ownership housing, over and above the regular seasonal bump, as we move through the fall,” said Mr. Syrianos, TREB’s President.

The average price in August was up by 3.0% from the same time last year to $732,292. Condo apartments in the GTA led the way in terms of an average price increase at 21.4% compared to the same time last year.

 

 

“The relationship between sales and listings in the marketplace today suggest a balanced market. If current conditions are sustained over the coming months, we would expect to see year-over-year price growth normalize slightly above the rate of inflation. However, if some buyers move from the sidelines back into the marketplace, as TREB consumer research suggests may happen, an acceleration in price growth could result if listings remain at current levels” said Jason Mercer, TREB’s Director of Market Analysis.

Sales of Toronto (416 area code) condominium apartments decreased by 24.5% in August 2017. The average selling price of a Toronto condo increased by 20.9% in August 2017 from the same time last year to $540,169.

Condominium apartments accounted for 31.4% of total GTA sales in August while detached homes accounted for 40.6% of the total sales.

Other notable statistics include the average days on the market for August at 25 days, up from 18 days a year earlier.  The sales-to-listings ratio for August 2017 was 38.7% which is still classified as a seller’s market. A ratio from 24%-28% is considered a balanced market.  

Sellers are looking for market value for their property. I prepare a comparative market analysis (CMA) for all of my Buyer clients prior to submitting an offer to determine the property's market value range 

Real estate is very neighbourhood specific, building specific  and even very street specific in some areas. The numbers as reported above are GTA averages. Results in one neighbourhood , on one street or in one building do not indicate that all other neighbourhoods, streets or buildings are experiencing the same results. We are still seeing multiple offers in some areas for the best homes and condos.

 

For all of your real estate questions please contact me direct (416-520-6746) or by email, David@DavidStoddard.ca

** You can follow my real estate posts on FACEBOOK. Click here to LIKE my real estate page

Oh, by the way......if you know of someone who would appreciate the level of service I provide, please call me, text me or email me with their name and number. I'll be happy to follow up and take great care of them.

Amazing Clients! Amazing Results!

by David Stoddard

"My experience selling my condo with David Stoddard was amazing! 

As a first time seller, I leaned on David's expertise heavily. He organized everything (lighting, painting, staging) and when it was time to list, my unit looked amazing.  The multimedia presentation and listings looked excellent. 

We had accepted an offer within 24 hours of listing!

David is a consummate professional, organized, patient, and always quick to respond to any inquiries.

Whether buying or selling, I highly recommend using David as a realtor!"

-John Kelsey 

 

Please contact me direct at 416-520-6746 or by email, David@DavidStoddard.ca

** You can follow my real estate posts on FACEBOOK. Click here to LIKE my real estate page.

Oh, by the way……if you know of someone who would appreciate the level of service I provide, please call me, text me or email me

Amazing Clients! Amazing Results!

by David Stoddard

 

Buying your first home is a big deal, which comes with both nerves and excitement. David Stoddard first met with Caylen and I to discuss what it is we can actually afford, including unforeseen costs. This exercise was a huge benefit to help narrow down what it is we can actually purchase. We received listings and he was always upfront and frank about certain properties that would come up. When we did find our new home, David guided us through the process with patience and experience with a quick response.

Thank you, David! We will definitely recommend your service and expertise.

-Matthew and Caylen

 

Please contact me direct at 416-520-6746 or by email, David@DavidStoddard.ca

** You can follow my real estate posts on FACEBOOK. Click here to LIKE my real estate page.

Oh, by the way……if you know of someone who would appreciate the level of service I provide, please call me, text me or email me

Welcome to 325 Kingston Rd, Suite 101, Toronto

by David Stoddard

FOR SALE

MLS:  E3932382

You Gotta Live Here!! Tastefully Updated. Freshly Painted. Open Concept With Over 800sf. High Ceilings. Natural Light Galore. Large Master Bedroom With A Double Closet and a Walkout To The Terrace. Slick  Kitchen With A Breakfast Bar, Double Sink, Granite Countertops and Pantry. Stainless Steel  Appliances. Renovated 3pc Washroom With a Glass Enclosed Walk-in Shower.

TTC, Groceries, Shops And Restaurants, Bars, Cinema, Schools, Parks And Trails. Walk to The Beach and Queen St E.  Lakeshore Blvd and the Gardiner. Just Move In And Enjoy!!!

Inclusions:  All Light Fixtures. All Stainless Steel Appliances: Fridge, Stove, Hood Fan, Dishwasher. Stacked Washer/Dryer. Parking. Visitor Parking. Excellent Price/Sf Under $600/Sf. That's Crazy!!

For more pictures and information:

http://www.cityoftorontorealestate.ca/Property/325-Kingston-Rd-Suite-101-Toronto-Ontario-2 

For all of your real estate questions please contact me direct (416-520-6746) or by email, David@DavidStoddard.ca

Oh, by the way……if you know of someone who would appreciate the level of service I provide, please call me, text me or email me with their name and number. I’ll be happy to follow up and take great care of them.

Welcome to 45 Carlton St, Suite 702 Toronto

by David Stoddard

 

FOR SALE

MLS: C3923957

You Gotta Live Here!! Tastefully Renovated. Freshly Painted 2Br Split Layout Design. Open Concept With Over 1250Sf. High Ceilings. Natural Light Galore. Large Master Bedroom With A Walk-in Closet. Master Ensuite With Tub And Shower. Second 4Pc Washroom. Slick Chefs Kitchen With A Breakfast Bar, Pantry, Wine Fridge And Stainless Steel Appliances. Den As An Office. Gorgeous South Exposure. TTC, Groceries, Shops And Restaurants, Bars, Cinema, Schools, Parks And Trails. Highway Access Nearby. Just Move In And Enjoy.

Inclusions:   All Light Fixtures. All Stainless Steel Appliances: Fridge, Cook-Top, Oven, Microwave, Hood Fan, Dishwasher. Stacked Washer and Dryer. Parking. Visitor Parking. Gym ,Squash, Pool. Excellent Price/Sf Under $600/Sf. That’s Crazy!!

For more pictures and information:

http://www.cityoftorontorealestate.ca/Property/45-Carlton-St-suite-702-Toronto

For all of your real estate questions please contact me direct (416-520-6746) or by email, David@DavidStoddard.ca

Oh, by the way……if you know of someone who would appreciate the level of service I provide, please call me, text me or email me with their name and number. I’ll be happy to follow up and take great care of them.

GTA Real Estate Market Report July 2017

by David Stoddard

Economic Conditions Remain Strong in the GTA

 

 

Greater Toronto Realtors reported 6,357 residential sales through the Toronto MLS system in July 2017. The number of transactions in July represented a 34.8% decline compared to 9,748 transactions reported in July 2016.

For the region as a whole detached homes in the GTA experienced the largest sales decline at 41.6%.

The number of new listings reported in July was down by 6.7% compared to July 2016. The number of active listings reported in July was up by 65.0% compared to July 2016.

“Recent reports suggest that economic conditions remain strong in the GTA. Positive economic news coupled with the slower pace of price growth we are now experiencing could prompt an improvement in the demand for ownership housing, over and above the regular seasonal bump, as we move through the fall,” said Mr. Syrianos, TREB’s President.

The average price in July was up by 3.0% from the same time last year to $732,292. Condo apartments in the GTA led the way in terms of an average price increase at 21.4% compared to the same time last year.

 

“The relationship between sales and listings in the marketplace today suggest a balanced market. If current conditions are sustained over the coming months, we would expect to see year-over-year price growth normalize slightly above the rate of inflation. However, if some buyers move from the sidelines back into the marketplace, as TREB consumer research suggests may happen, an acceleration in price growth could result if listings remain at current levels” said Jason Mercer, TREB’s Director of Market Analysis.

Sales of Toronto (416 area code) condominium apartments decreased by 24.5% in July 2017. The average selling price of a Toronto condo increased by 20.9% in July 2017 from the same time last year to $540,169.

Condominium apartments accounted for 31.4% of total GTA sales in July while detached homes accounted for 40.6% of the total sales.

Other notable statistics include the average days on the market for July at 25 days, up from 18 days a year earlier.  The sales-to-listings ratio for July 2017 was 38.7% which is still classified as a seller’s market. A ratio from 24%-28% is considered a balanced market.  

Sellers are looking for market value for their property. I prepare a comparative market analysis (CMA) for all of my Buyer clients prior to submitting an offer to determine the property's market value range 

Real estate is very neighbourhood specific, building specific  and even very street specific in some areas. The numbers as reported above are GTA averages. Results in one neighbourhood , on one street or in one building do not indicate that all other neighbourhoods, streets or buildings are experiencing the same results. We are still seeing multiple offers in some areas for the best homes and condos.

 

For all of your real estate questions please contact me direct (416-520-6746) or by email, David@DavidStoddard.ca

** You can follow my real estate posts on FACEBOOK. Click here to LIKE my real estate page

Oh, by the way......if you know of someone who would appreciate the level of service I provide, please call me, text me or email me with their name and number. I'll be happy to follow up and take great care of them.

GTA Condo Market Report Q2 2017

by David Stoddard

Average Condo Price Up Year-Over-Year in Q2 2017

 

 

Greater Toronto Realtors reported 8,223 condo apartment sales through the MLS in the second quarter of 2017. The number of transactions represented a 8.0% decrease compared to 8,942 transactions reported in Q2 2016.

In the City of Toronto, which accounted for 72% of condo apartment sales in the GTA, sales were down by 7.0%. The average selling price in the City of Toronto was $566,513 up 28.0% from Q2 2016.

The number of new listings in the GTA reported in Q2 was up by 0.7% compared to the same period in 2016. The number of active listings in the GTA reported in Q2 was down by 24.6% compared to the same period in 2016.

"Despite the recent dip in overall GTA home sales, the condominium apartment market was quite resilient, especially when compared to low-rise market segments. Condo apartment sales accounted for a greater share of overall transactions during the spring compared to the same period last year. Market conditions also remained tight, which resulted in the contribution of strong annual rates of price growth," said Toronto Real Estate Board President Tom Syrianos.

The average GTA selling price grew in Q2 up by 28.1% from the same time last year to $532,032.

“Recent consumer survey results from Ipsos suggest that condominium apartments will continue to gain in popularity with home buyers over the next year. This makes sense, given that many households, especially first-time buyers looking to live in the City of Toronto, have turned their attention in increasing numbers to less expensive forms of ownership housing,” said Jason Mercer, TREB’s Senior Manager of Market Analyses.

 

Other notable statistics include the average days on the market for Q2 2017 at 12 days, down from 25 days in Q2 2016.

Sellers are looking for market value for their property. I prepare a comparative market analysis (CMA) for all of my Buyer clients prior to submitting an offer to determine the property's market value range 

Real estate is very building  specific. The numbers as reported above are GTA averages. Results in one building do not indicate that all other buildings  are experiencing the same results.

The number of condominium apartments listed for rent in the Q2 2017 was down on a year-over-year basis but by 3.1%. 

Greater Toronto Area lease transactions in Q2 2017 were in line with Q2 2016.

With demand for condominium apartment rentals remaining very strong and supply diminishing, the annual growth rate for average rents was well-above the rate of inflation for one-bedroom and two-bedroom unit types.

The average one-bedroom rent for the TREB market area as a whole was up by 8.8 per cent on a year-over-year basis to $1,861. The average two-bedroom rent was up by 8.7 per cent to $2,533.

The vacancy rate for a condo apartment in the City of Toronto for Q2 2017 was 1.0%.

 

 

Do you have any questions about Toronto Real Estate? Please contact me direct at or by email, David@DavidStoddard.ca

** You can follow my real estate posts on FACEBOOK. Click here to LIKE my real estate page

Oh, by the way......if you know of someone who would appreciate the level of service I provide, please call me, text me or email me with their name and number. I'll be happy to follow up and take great care of them.

How To Maintain Great Credit

by David Stoddard

Once your credit is in great shape, make sure it stays that way!

Our August eReport outlines five tips to help you maintain great credit and delves into what exactly constitutes “good” and “excellent” credit scores.

Click HERE for my client testimonials.

 

 

 

Please contact me direct at 416-520-6746 or by email, David@DavidStoddard.ca

** You can follow my real estate posts on FACEBOOK. Click here to LIKE my real estate page.

Oh, by the way......if you know of someone who would appreciate the level of service I provide, please call me, text me or email me with their name and number. I'll be happy to follow up and take great care of them.

GTA Real Estate Market Report June 2017

by David Stoddard

More Moderate Price Growth in June

 

 

Greater Toronto Realtors reported 7,974 residential sales through the Toronto MLS system in June 2017. The number of transactions in June represented a 37.3% decline compared to 12,725 transactions reported in June 2016.

For the region as a whole detached homes in the GTA experienced the largest sales decline at 45.0%.

The number of new listings reported in June was up by 15.9% compared to June 2016. The number of active listings reported in June was up by 59.6% compared to June 2016.

“We are in a period of flux that often follows major government policy announcements pointed at the housing market. On one hand, consumer survey tells us many households are very interested in purchasing a home in the near future, but some of these would-be buyers seem to be temporarily on the sidelines waiting to see the real impact of the Ontario Fair Housing plan. On the other hand, we have existing home owners who are listing their home because they feel price growth may have peaked. The end result has been a better supplied market and a moderating of price growth,” said Mr. Syrianos, TREB’s President.

The average price in June was up by 6.3% from the same time last year to $793,915. Condo apartments in the GTA led the way in terms of an average price increase at 23.2% compared to the same time last year.

 

 

“Recent Ipsos survey results suggest that home buying activity in the GTA will remain strong moving forward. The year-over-year dip in home sales we have experienced over the last two months seem to be the result of would-be buyers putting their decision to purchase temporarily on hold while they monitor the impact of the Fair Housing Plan. On the supply side of the market, it certainly looks as though buyers will benefit from more choice in the second half of 2017 compared to the same period in 2016,” said Jason Mercer, TREB’s Director of Market Analysis.

Sales of Toronto (416 area code) condominium apartments decreased by 21.7% in June 2017. The average selling price of a Toronto condo increased by 23.2% in June 2017 from the same time last year to $552,679.

Condominium apartments accounted for 29.7% of total GTA sales in June while detached homes accounted for 43.3% of the total sales.

Other notable statistics include the average days on the market for June at 15 days, down 0.0%. The sales-to-listings ratio for June 2017 was 40.5% which is classified as a seller’s market. A ratio from 24%-28% is considered a balanced market.  

Sellers are looking for market value for their property. I prepare a comparative market analysis (CMA) for all of my Buyer clients prior to submitting an offer to determine the property's market value range 

Real estate is very neighbourhood specific, building specific  and even very street specific in some areas. The numbers as reported above are GTA averages. Results in one neighbourhood , on one street or in one building do not indicate that all other neighbourhoods, streets or buildings are experiencing the same results. We are still seeing multiple offers in some areas for the best homes and condos.

 

 

For all of your real estate questions please contact me direct (416-520-6746) or by email, David@DavidStoddard.ca

** You can follow my real estate posts on FACEBOOK. Click here to LIKE my real estate page

Oh, by the way......if you know of someone who would appreciate the level of service I provide, please call me, text me or email me with their name and number. I'll be happy to follow up and take great care of them.

Displaying blog entries 1-10 of 318

Contact Information

David Stoddard
RE/MAX Hallmark Realty Ltd Brokerage
968 College Street
Toronto ON M6H 1A5
(416)520-6746
Fax: 1-866-248-2303
David Stoddard B.A., M.A., A.B.R.
Sales Representative
Direct: 416-520-6746
David@DavidStoddard.ca