Desmond Brown

How much did that house sell for? 🏡🤔

07 September 2018
Desmond Brown

If you're wondering what your neighbour's house sold for, all you have to do is this...


Downturn in the Market. Cause for Concern? 📉🤔

07 June 2018
Desmond Brown

Recent headlines have screamed prices down 12% compared to a year ago. Is this the beginning of a huge collapse in Toronto's real estate market? Has the bubble finally burst? Well, after working in the media for 11 years, I know how newsrooms work...


A traditional spring market?

10 April 2018
Desmond Brown

The headlines are saying sales in the Toronto real estate market are down by up to 35% compared to this time last year. That number looks huge, but...


INTEREST RATE INCREASE 😱📈 Should we be concerned?

05 February 2018
Desmond Brown

Two weeks ago Bank of Canada raised its prime lending rate 0.25% points. As a result, we're now seeing posted bank rates for five-year mortgages at 4.64%. Experts are predicting the Bank of Canada will raise the prime rate a few more times over the next twelve months. With the average price of a home in Toronto at $730,000, the media reported that this was the beginning of the end for home ownership in this city and that people are now in danger of losing their homes. Not true...


New Stress Test for Mortgages: WHAT DOES IT MEAN?

06 November 2017
Desmond Brown

Some of my colleagues and mortgage brokers have been freaking out since last month's announcement about the new stress test requirement for all buyers. In my opinion, this is a good thing...


The Changing GTA Real Estate Market

02 June 2017
Desmond Brown

I was presenting an offer last week on one of my listings. The offer came in from an agent representing the buyer and it contained a clause I haven't seen in the Toronto real estate market for many years - a condition on the sale of the buyer's property...


Toronto Ranked One of the Top Cities in the World

17 March 2017
Desmond Brown

Last week we covered some great posts on our social media feeds about why Toronto is such an amazing place to live and we’re rounding up all these articles for you here to check out: