Market Analysis

December 2019

December 2019... 


Report On Downtown Toronto Condo Prices

Curious about what your downtown Toronto condo may be worth?

Here’s an easy, online way to find out what suites like yours are selling for in today’s market.

Get this free report with up-to-the-minute statistics based on all the recent listings and sales of condos in your building.

Get Your Free December 2019 Condo Valuation Here

Gifts and Gadgets for Every Room in the House

Are you searching for new and innovative gift ideas this holiday season? If so, check out our list of the hottest home technology offerings. We’ve selected a few of our favorites for every room in the house.

These smart systems and devices add comfort, convenience, and a “cool factor” that will delight your friends and family.  So think about who you know that loves the latest gadgets … or add a few of these to your own wish list!

Read more here

From Our Mortgage University Series...


Mortgage Qualification Chart – Learn How Much You Can Borrow

As of January 1 2018 all new mortgages (regardless of down payment amount) in Canada MUST have a stress test applied to them at the time of approval.
Regardless of the actual interest rate being offered by a lender, the borrower MUST qualify for the new mortgage at the Bank Of Canada (BoC) Rate OR the rate offered the consumer PLUS 2%.

Click Here To Read More

November 2019...


Report On Toronto House Values

Semi and detached house prices have been bouncing around the last few months in Toronto with the changes in the market.

Some neighbourhoods are being affected greatly... others not so much.

Would you like to be brought up-to-date with what your Toronto house is worth right now?

Get Your Free December 2019 House Valuation Here

From Our Seller University Series...


How The Closing Process Works - A Checklist Of The Critical Steps

Now that you’ve accepted a buyer’s offer, there are still a few offer details that must happen. 
First, any conditions that the buyer, or you, have inserted into the offer must be satisfied and either a Waiver or a Notice of Fulfillment must be signed by the relevant party. 
Typical buyer conditions could be to arrange financing, have a home inspection, a satisfactory review of the condo Status Certificate or even sometimes conditional on having the offer reviewed by the buyer’s lawyer.

Click Here To Read More

Toronto's Real Estate Team
Toronto Real Estate Market Analysis
For November 2019


As we get closer to the end of calendar year 2019 we can safely make some projections about our Toronto real estate market going into 2020.

It looks like we’ll end the year with between 88,000 and 90,000 total GTA sales.  If you exclude the super-down year of 2018 (77,000 sales), this end-of-year total will be the lowest since 2013 but it’s not for lack of trying.

November sales were up from 2018 but the listing inventory and a count of new listings coming on the market were both lower, inhibiting sales but resulting in the highest year-over-year appreciation we’ve seen all year (7.1%) AND the highest we’ve seen for any month since June of 2017.

The Toronto Real Estate Board and CMHC are both expecting an appreciation level of 6+% in 2020… a moderate number which is encouraging to current property owners but a wee bit intimidating to upcoming buyers who are feeling the pressure to get into the market sooner rather than later.

Mortgage rates are holding relatively firm with 5-year discounted fixed rate loans available in the mid- to high 2’s.  That works out to be a payment of approximately $460 for every $100,000 of mortgage.

If you’ve got a ’time-expired’ investment which isn’t giving you a positive cash flow, or it’s time to upgrade your personal residence, the first thing you’ll want to know is “What is my property’s current market value?”.

For a condo suite valuation, go to - please BE SURE to leave me your condo’s monthly maintenance fee so I can send out your report.  

For a specific house valuation, click on

To keep current on market activity changes and analysis during the month, go to Facebook and ‘Like’ my Thomas Cook In Toronto page.

Watch the video or read my NOVEMBER 2019 Market Report Analysis and please keep me in mind when any of your friends are talking about buying or selling real estate in Toronto.

Have a fantastic holiday season and a happy New Year celebration with your friends and family and we’ll chat again in 2020! 


GTA Market Recovers With Highest November Appreciation [VIDEO]

In November sales were up 13.7% compared to last year with 7,090 houses and condominiums changing hands in all the districts.
Condo townhouse and high-rise suite sales were stable with a 34.5% share of the market and 2,449 units being sold, a moderate 3.6% increase from 2018.
The November average sale price for all GTA homes came in at $843,637, up 7.1% from one year ago.
The active listing inventory is one of the strongest indicators of how slow or fast the market has been moving.  The inventory average for the month of November compared to historical numbers was lower by just over 27% compared to last year at this time.
This inventory imbalance is causing price increase in many, but not all, GTA districts.
The sales-to-listings OR percent-chance-of-selling ratio is how we determine what type of market we’re actually in.  24-28% is a neutral market, below 24% is a buyer’s market and above 28% is a seller’s market.
In November that ratio finished at 59.3% - almost 21% above last year and the highest we’ve seen this year – indicating a continuing strong, steady market as we start to move towards the end of the fall market. 
The days-on-market average for GTA / Toronto homes was 24 days, 1 day faster than October.
Watch the video to get the complete November 2019 Market Report details.

If you'd prefer to read the full market report details, click here.

For Those Of You Who Like Trivia...

Now and then we post our latest World’s Most Interesting Postcard in our Team newsletter.  You might be amazed at what you’ll learn from these interesting tidbits!!

Click to see larger image

Keep Your Ears Open For Real Estate Conversations...

People always feel good about recommending a person or a business where they've received terrific service. They want their friends to enjoy the same great experience they had. 

Please keep us in mind in the new year whenever you hear friends talk about real estate at any time... we're always here to advise, consult and help.



Amazing Free Services Available From This Professional Realtor

As a successful Toronto Realtor helping condo and house buyers and sellers since 1980, I've developed many programs and services to assist people with their real estate needs.

I've even written several soft-cover books and reports to help explain how buyers and sellers can make their best, informed decisions.

There are important benefits and advantages to being well prepared for the upcoming real estate experience.

You definitely want to avoid making significant buying or selling mistakes.

Here's a list of my 'Free Stuff' that's available to you.

Toronto's Real Estate Team - Thomas Cook @ RE/MAX
Expect Amazing

Real Estate Sales Representative @ RE/MAX Hallmark Realty Ltd Brokerage
785 Queen Street East in Leslieville
Direct => 647-962-1650

Become a smart, educated Toronto buyer or seller.  Go ahead and download any of these books or reports at no charge.

Author || Ultimate Home Buyer’s Guide
Author || Home Buyer's Financing Guide
Author || Insider Tips For Getting The Best Price (For Toronto condo sellers)
Author || Get Free Money From The Federal Government (For 1st-time buyers)
Author || Best Capital Gains Tax Advice For Smart Investors
Author || Guide To Attracting The Best Tenants
Author || Guide To Downtown Toronto Condo Prices (for Toronto condo buyers)
Author || 
Insider Advice For Getting The Best Price (For Toronto house sellers)

Awards || RE/MAX's 2nd highest award - Circle Of Legends
Experience || Thousands of homes sold since 1980
Professional Designations || ABR, SRES
Charity Support || Over $117,500 contributed to the Toronto Sick Kids Hospital