MAY’S MAJOR SUPPLY ISSUE: WHAT’S HAPPENING IN THE MARKET?
The GTA housing market continued to improve from a sales standpoint in May 2023. Unfortunately, the supply of homes for sale did not keep up with the demand for ownership housing. Sales as a share of new listings were up considerably compared to a year ago. This is a clear signal that competition between buyers […]
FEELING THE PRESSURE IN APRIL: WHAT’S HAPPENING IN THE MARKET?
The GTA housing market continued to intensify in April 2023. On a year-over-year basis, sales lowered slightly compared to April 2022, but new listings were down by more than one-third. Fewer listings relative to sales meant there was more competition between buyers, influencing an improvement in selling prices since the beginning of this year. In […]
WHEN TO REPLACE COMMON HOUSEHOLD FIXTURES
Regular maintenance and gentle use can increase the longevity of your household fixtures; savvy homeowners understand this, and their extra care can mean real savings over their time in the home. Unfortunately, all fixtures in your home have a general lifespan and will need to be replaced or repaired eventually. Saving for these replacements can […]
HOW TO CREATE THE PERFECT PRIMARY BEDROOM RETREAT
Your bedroom should be a place of refuge and relaxation. It should be a space void of clutter, and just because it’s not a high-traffic space, doesn’t mean it should be an afterthought. A luxuriously restful bedroom can help you recharge and start your day successfully. Read on for inspiration on the elements every luxury […]
WRAPPING UP 2021: WHAT’S HAPPENING IN THE MARKET?
As 2021 came to a close, TRREBS MLS system reported a new record number of sales to end off the year. 121,712 sales were reported this year, a number that is up 7.7% from the previous high of 113,040 sales that we saw at the end of 2016, and up 28% compared to 2020. Demand […]
HOW TO KEEP YOUR PIPES FROM FREEZING THIS WINTER
A burst pipe can cause major damage to your house and belongings and certainly not something you want happening during the holidays! This is a relatively common occurrence during the winter, so understanding how and why it occurs can help you avoid a problem. Let us help! Why Pipes Burst If the water inside pipes […]
THE BATTLE BETWEEN SUPPLY VS. DEMAND CONTINUES IN NOVEMBER: WHAT’S HAPPENING IN THE MARKET?
New all-time highs and records were set this past month. Home sales reached a new record for the month of November and the average selling price also reached a new all-time high. New listings were down substantially compared to last year across all market segments – further highlighting the apparent supply issue within the GTA. […]
A DEMANDING OCTOBER: WHAT’S HAPPENING IN THE MARKET?
Home sales in the GTA have reached the second-highest level on record for the month of October. However, the inventory of homes listed for sale did not keep up with the pace of demand. The number of new listings had dropped by approximately 33% compared to October 2020. Market conditions tightened across all major home […]
FALL PAINT COLOUR GUIDE
A paint refresh is the easiest way to transform a space without committing to a complete design overhaul. If you’re craving a deeper, more decadent atmosphere, adorning your room with fall hues will create a luxe, seasonal space. Whether you want a deep pecan hue, a rich, burgundy colour, or the gleaming colour of golden […]
OUR TRADITIONAL ‘FALL MARKET’ IS BACK IN FULL-SWING: WHAT’S HAPPENING IN THE MARKET?
As summer swiftly ended -as it does every year- September marked the transition from our slower-paced summer market to the notoriously busier fall market in the GTA. Each year, we tend to see an increase in sales, average selling price and listings after Labour Day, and September 2021 did not disappoint. Sales relative to August […]