SEPTEMBER’S NEW DIRECTION – WHAT’S HAPPENING IN THE MARKET?
The Greater Toronto Area (GTA) experienced a notable increase in home sales in September compared to the previous year. This uptick can be attributed to the improved affordability resulting from interest rate cuts and lower home prices, which have encouraged buyers to enter the market. Buyers are capitalizing on changes to mortgage lending guidelines and […]
A STEADY AUGUST: WHAT’S HAPPENING IN THE MARKET?
The Greater Toronto Area (GTA) housing market is showing signs of stability and potential improvement. Although home sales were slightly down in August 2024 compared to the previous year, new listings saw a slight increase, indicating ongoing activity in the market. The recent rate cut announced by the Bank of Canada is expected to improve […]
INSTANT CURB APPEAL KILLERS: 5 MISTAKES TO AVOID
Homeowners must recognize the significance of curb appeal in enhancing the value of their home. A well-maintained exterior can create a warm and inviting atmosphere for visitors and establish the overall ambiance of the property. Nonetheless, it’s important to be mindful of potential small errors that could have a substantial impact on the overall appearance […]
BANK OF CANADA CUTS KEY INTEREST RATE TO 4.75%
The Bank of Canada recently decided to lower its key interest rate to 4.75%, marking the bank’s first rate cut since March 2020. The bank’s governor, Tiff Macklem, mentioned that the bank’s monetary policy no longer needs to be as restrictive due to the significant progress made in the fight against inflation. This confidence in […]
COMMON ROOM LAYOUT MISTAKES
It’s important to remember the initial layout of a room is crucial in the design process. By crafting a scaled floor plan and emphasizing the functionality of the room, you can create a space that feels harmonious, inviting, and cozy. While most layouts may suffice for your needs, there are small adjustments you can implement […]
A MORE SELECTIVE APRIL – WHAT’S HAPPENING IN THE MARKET?
The GTA’s real estate market experienced a slight decline in April 2024 when compared to the same month in 2023, which saw a temporary boost in market activity. However, the number of new listings surged year-over-year, giving home buyers more options and maintaining stability in average selling prices. According to the Toronto Regional Real Estate […]
TIPS FOR MAXIMIZING YOUR HOME’S MARKET APPEAL DURING THE SPRING
If you’re planning to sell your home, it’s essential to ensure that it’s in top-notch shape before listing it on the market. By taking some simple steps, you can make your home more appealing to potential buyers and increase your chances of a quick and successful sale. As we head into the spring homebuying season, […]
A PROGRESSIVE MARCH: WHAT’S HAPPENING IN THE MARKET?
The latest report on March 2024 home sales through TRREB’s MLS® System shows steady progress in the real estate market despite the lower sales compared to March 2023. One of the contributing factors to this decline is the statutory holiday Good Friday, which fell in March this year instead of April last year. However, there […]
EVERYTHING YOU NEED TO KNOW TO BUY A HOME THIS SPRING
If you’ve been waiting for the spring selling season to kick off your home, this busy real estate season has arrived. Many homebuyers are in the market for a new home in the spring because it aligns with the current school year’s end and allows you to settle in a new home over the summer […]
A FEBRUARY RESET: WHAT’S HAPPENING IN THE MARKET?
The Greater Toronto Area (GTA) housing market experienced an increase in sales and new listings on an annual and monthly basis in February 2024, along with a rise in selling prices. This can be attributed to the region’s population growth and resilient economy, which have continued to support the demand for housing. Despite higher borrowing […]