Next week Toronto will have a new mayor. Housing is a critical part of each candidate's platform ranging from tenant protection, creating affordable housing on city-owned land, and easing prohibitive delays and development fees. We've included a housing summary article on how the top six mayoral candidates plan, to quote Mitzie Hunter, 'Fix the Sixth'.
May home sales were up 24.7% compared to May last year with 9,012 sales in the GTA. Alternatively, new listings were down 18.7% putting pressure on buyers already facing another interest rate hike and low inventory.
We are working with buyers looking for their future homes. If you are thinking of selling we can provide a free no-obligation home evaluation to help you make your decision. We love to make homes shine and negotiate the best possible sales outcome for our sellers.
This month's newsletter includes:
Toronto Real Estate May Statistics
Selection of Sotheby's Current Listings
Mayor Platforms on Housing
Where to Vote?
Sotheby's Auction House article on Bohemian Rhapsody in honour of Freddy Mercury
Chance to win 2 Cineplex VIP tickets
Lisa Marie, Linda, Lori and Cherry