A MORE SELECTIVE APRIL – WHAT’S HAPPENING IN THE MARKET?


06 May | Buying

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 […]

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TIPS FOR MAXIMIZING YOUR HOME’S MARKET APPEAL DURING THE SPRING


01 May | Homeownership

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, […]

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A PROGRESSIVE MARCH: WHAT’S HAPPENING IN THE MARKET?


05 Apr | Buying

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 […]

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EVERYTHING YOU NEED TO KNOW TO BUY A HOME THIS SPRING


25 Mar | Buying

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 […]

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A FEBRUARY RESET: WHAT’S HAPPENING IN THE MARKET?


06 Mar | Buying

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 […]

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JANUARY’S POSITIVE ADJUSTMENT: WHAT’S HAPPENING IN THE MARKET?


08 Feb | Buying

The report on the housing market in January 2024 shows a positive start, with an annual increase in home sales as compared to January 2023. This increase is great news for homebuyers as the lower borrowing costs associated with fixed-rate mortgage products made it possible for them to own a home. Although the new listings […]

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HOW LOCAL BUILDING CODES CAN AFFECT YOUR RENOVATION PLANS


26 Jan | Buying

If you’re planning to renovate your home, it’s essential to understand the local building codes and ensure that your plans comply with those regulations. These codes may restrict the scope of your project or demand you to upgrade your property. By researching these requirements early on, you can avoid unexpected delays and budget overruns, which […]

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A CHALLENGING 2023: A YEARS END, WHAT HAPPENED IN THE MARKET?


05 Jan | Buying

It’s been a tough year for many households seeking to purchase a home in the Greater Toronto Area (GTA). With high mortgage rates and less than 70,000 home sales in 2023, the dream of home ownership seems unattainable for many. However, we understand the importance of having a stable and affordable place to live, especially […]

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LOOKING AHEAD THIS NOVEMBER – WHAT’S HAPPENING IN THE MARKET?


05 Dec | Buying

The Greater Toronto Area (GTA) housing market experienced a decline in sales in November 2023 due to high borrowing costs and uncertain economic conditions. However, the number of listings increased from last year’s supply. The market saw flat selling prices year-over-year, as inflation and elevated borrowing costs impacted affordability. The housing market is sensitive to […]

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A MORE BALANCED SEPTEMBER: WHAT’S HAPPENING IN THE MARKET?


04 Oct | Buying

The GTA housing market faced some challenges in September, as high borrowing costs, inflation, and slower economic growth weighed on home sales. Nonetheless, despite the increase in listings supply, the average selling price remained higher than the previous year. Looking ahead, the short-term and medium-term outlooks for the GTA housing market appear to be somewhat […]

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