1st Time Homebuyer? 7 Reasons Why We’re the Brokerage for You
It’s our slogan, but what does it really mean? We could say things like, “We’re not your average real estate firm!”
March’23 GTA Housing Market Update: Intense Competition & Rising Prices
The Greater Toronto Area (GTA) housing market has seen a surge in buyer competition, as March 2023 statistics show a tightening market. Consequently, the average sale price exceeded the average list price for the first time since May 2022. Toronto Regional Real Estate Board (TRREB) President Paul Baron confirmed this growing competition in various GTA […]
Explore Toronto’s Best Neighbourhoods
A crucial step to making the right decision on where to purchase a home is to explore Toronto’s best neighbourhoods. With such a vast array of exceptional communities to choose from, it’s vital to identify one that aligns with your preferences and lifestyle. In this article, we will emphasize the significance of selecting the ideal […]
GTA Real Estate Trends for Homebuyers: Surprising Insights from February 2023
To help you navigate the ever-changing GTA real estate market, we are exploring some GTA real estate trends from the data collected in February 2023. The market experienced a substantial decline in home sales in February 2023 compared to the same month in the previous year, as a result of higher borrowing costs and a […]
How to Negotiate the Best Home Deal in the GTA
The Greater Toronto Area (GTA) real estate market is one of the most dynamic and competitive markets in Canada. To negotiate the best home deal in the GTA, an optimized strategic approach is needed in order to ensure that you get the most value for your investment. With numerous factors influencing the market, such as […]
2023 GTA Real Estate: Strong Start, Affordability Challenges
The Greater Toronto Area (GTA) real estate market began 2023 as it ended 2022, with similar sales and average selling price numbers in January compared to December. Despite this, both sales and prices were down on a year-over-year basis, reflecting the impact of higher borrowing costs on affordability. According to the Toronto Regional Real Estate […]
Condo Inspection: Important Things for Buyers
If you’ve found the perfect condo and you’re ready to buy, you’ve probably realized that closing this type of property sale can be expensive. If there are no major issues, it makes sense to try to save money wherever possible and complete the property sale quickly. Many buyers fall into this mindset, but acquiring a […]
Foreign Buyer Ban – What You Need to Know
Foreign Buyer Ban Took Effect January 1, 2023 The Foreign Buyer Ban, or more formally the Prohibition on the Purchase of Residential Property by Non-Canadians Act, takes effect January 1, 2023 and prevents non-Canadians from buying residential property in Canada for 2 years, the Canada Mortgage and Housing Corporation has announced. The Government of Canada […]
2022 GTA Housing Market – Year in Review
Home Sales and Listings Down While Selling Price and Rent Up The Greater Toronto Area (GTA) housing market experienced a marked adjustment in 2022 compared to record levels in 2021. Existing affordability issues brought about by a lack of housing supply were exacerbated by sustained interest rate hikes by the Bank of Canada. “Following a […]
Preparing Your Property For Winter
While decorating your home for the holidays can be a fun, family affair, prepping your home in practical ways for the impending colder weather is a necessity you don’t want to skip. Follow these 7 steps to get your home winter-ready! Clean Your Gutters Prevent roof damage by cleaning your gutters before the first snowfall. […]
Bank of Canada Raises Rate Again to 4.25%
Central bank has raised policy rate 7 times this year in battle against inflation The Bank of Canada raised its benchmark interest rate by 50 basis points on Wednesday, to 4.25 per cent. This hike was expected, as Canada’s central bank has raised its rate seven times this year in its fight to quell inflation. […]
Average Selling Price Levels Off, Home Sales and New Listings Down in November
Homeownership market activity in November continued to be influenced by the impact of higher borrowing costs on affordability. Sales were down markedly compared to the same period last year, following the trend that unfolded since the interest rate hikes started this spring, data from the Toronto Regional Real Estate Board (TRREB) shows. TRREB President Kevin […]
Top 5 Reasons to Buy Pre-Construction
Top 5 Reasons to Buy Pre-Construction In Toronto’s ever-changing real estate market, investing in a pre-construction condo still remains a lucrative long-term opportunity. When you look beyond the quick wins of flipping property, holding the property for the long haul and having a tenant pay off your mortgage can create passive income for you well […]
New Listings Down While the Average Selling Price in the GTA Levels Off in October
Home sales continued to decline in the Greater Toronto Area in October, while the average selling price stayed flat as fewer new listings hit the market, data from the Toronto Regional Real Estate Board (TRREB) shows. Sales for the month reached 4,961, similar to last month but down by 49% compared to October 2021. New […]
Bank of Canada Increases Target Interest Rate by 50 Basis Points
The Bank of Canada recently raised its target interest rate by 50 basis points, the sixth interest rate hike this year. What do these rate hikes mean for homeowners? According to a recent report from the Manulife Bank of Canada, 25 percent of homeowners say they will need to sell their home if rates continue […]
Cost of Living in Ontario 2022: Everything You Need to Know
Ontario is one of the most popular provinces in Canada because it features big cities as well as smaller towns with great amenities. The cost of living in Toronto is among the highest in the country, there are dozens upon dozens of alternatives for singles, couples, and families alike. And, even if you’re looking to […]
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