Alder & Bay

The Journal

Notes on a
Small Market.

Written by the people doing the deals, not by a marketing department. Roughly two a month.

Market insights
14 Jul 2026

Toronto Market Update: Summer 2026

Volume is down eleven per cent on last summer and average days-on-market is up to fifty-two. Neither figure means what the headlines say it means. Here is what we are actually seeing at the top of the market, street by street.

Miriam Alder, 8 min read

Recent writing

Lifestyle
28 Jun 2026

Eleven terraces within a ten-minute walk of Bay and Bloor, ranked honestly by whether you can hear the person opposite you.

4 min read
Design
09 Jun 2026

Six renovation decisions that still read as considered a decade later, and four that will date your house within three years.

6 min read
Neighbourhoods
21 May 2026

Which streets flood, which lots can actually be built on, and why the south end trades at a premium the maps do not explain.

9 min read
Market insights
30 Apr 2026

We looked at our own last forty sales to work out the honest price gap between a private sale and a public one. The answer surprised us.

7 min read
Design
12 Apr 2026

Eleven homes, the real invoice for each, and the difference against our pre-preparation valuation. No rounding up.

5 min read
Market insights
18 Mar 2026

Why the sellers who list in the third week of February consistently outperform the ones who wait for the tulips.

6 min read
The list

Two emails a month. Nothing else, ever.