Luxurious Resorts For Your Holiday Getaway
Halloween is over and many Torontonians have switched into holiday gear. For many of us, a Christmas or New Year’s getaway is not only a chance to escape the cold, but a chance to reap the rewards of another year’s worth of hard work and spend time with loved ones. Trying to choose your next […]
A Cautiously-Optimistic October: What’s Happening In The Market?
As the Greater Toronto Area (GTA) real estate market continues to adjust to higher borrowing costs, interesting trends have emerged since prices slowed in the spring. While GTA REALTORS reported only 4,961 home sales in the resale market in October 2022 – down 49.1% compared to October 2021 – this number is not significantly lower […]
Sales Shift In September: What’s Happening In The Market?
There were 5,038 home sales for the month of September in the Greater Toronto Area (GTA), representing a decrease of 44.1% year over year. One notable difference in September was that new listings were also down compared to September of 2021, with 11,237 new listings, or a 16.7% fall. The MLS Home Price Index Composite […]
A More Active August: What’s Happening In The Market?
The month of August showed a slight upward trend in the Toronto housing market sales. The Toronto Regional Real Estate Board’s (TRREB) MLS System reported a total of 5,627 sales in August 2022. While this does represent a 34.2% decline in sales year-over-year, the decline was at a lower rate than the last four months, […]
A Calm July: What’s Happening In The Market?
Market conditions in the Greater Toronto Area (GTA) have been moving towards a more balanced state throughout the summer, and July was no exception. Compared to last year at the same time, buyers have found themselves with more options in the market, leading to a more moderate rate of annual growth. The Toronto Real Estate […]
Features You Can Forgo When Buying A Home
As buyers, it’s important to know what features you absolutely need in your home, and what you’re willing to be flexible about. It is also easy to see that beautiful home with the sparkling pool or the in-home theatre and think that you absolutely need those features, but they can heavily influence the price, and […]
A MORE BALANCED MAY: WHAT’S HAPPENING IN THE MARKET?
In May 2022, the Toronto real estate market saw more buyers responding to the increased cost of borrowing. The expectation of the Central Bank’s rate increase of 50 basis points – and the actual rate hike itself on June 1st – are causing some buyers to pause their home search in the short term as […]
SPRING CLEANING: YOUR HOME MAINTENANCE CHECKLIST
Spring cleaning after a long winter is an event on many families’ to do lists. Whether it’s an event you are eagerly anticipating, or one that you dread, it is a very important step in your home maintenance routine. Giving your home the thorough once-over in spring can prevent unwanted surprises later, lowering your long […]
A MORE ACCESSIBLE APRIL: WHAT’S HAPPENING IN THE MARKET?
In April, the Greater Toronto Area (GTA) housing market saw more buyers adjust to the Central Bank’s rate hikes. TRREB’s MLS System reported a total of 8,008 homes sold in April 2022, representing a 41.2 percent decrease year over year, and a 27 percent decrease compared to March 2022. With borrowing costs expecting to increase […]
MARCH CONTINUES THE MOMENTUM: WHAT’S HAPPENING IN THE MARKET?
As we wrap up the first quarter of 2022, the sales and growth trends that we saw in the housing market in January and February remained consistent in March. TRREB’s MLS System reported a total of 10,955 sales in March 2022, a 30% drop compared to March 2021, while home prices continued to grow, with […]