JANUARY’S POSITIVE ADJUSTMENT: WHAT’S HAPPENING IN THE MARKET?
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 […]
HOW LOCAL BUILDING CODES CAN AFFECT YOUR RENOVATION PLANS
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 […]
A CHALLENGING 2023: A YEARS END, WHAT HAPPENED IN THE MARKET?
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 […]
HELPFUL TIPS FOR STORING SEASONAL DÉCOR
After the excitement of the holiday season fades away, it’s time to take care of the holiday decorations and store them properly for next year’s celebrations. While putting away decorations may seem mundane, storing them correctly can help preserve their quality and make it easier to set up and enjoy them in the future. Organize […]
LOOKING AHEAD THIS NOVEMBER – WHAT’S HAPPENING IN THE MARKET?
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 […]
THINGS YOU SHOULD DO TO GET YOUR LAWN READY FOR WINTER
As the cold weather approaches, it’s important to take care of your lawn so that it can withstand the tough winter conditions and come back healthy in the spring. By following some simple steps in the fall, you can give your grass the best chance to thrive and look beautiful in the coming months. […]
HOW TO ACHIEVE QUIET LUXURY IN YOUR HOME DESIGN
Are you a fan of the quiet luxury style? This classic aesthetic is gaining popularity, not only in fashion but also in home design. It’s a lifestyle that embodies understated elegance, with long-lasting materials and a lack of logos and trends. The approach is highly curated and edited, resulting in an authentic and elevated look. […]
A TRYING OCTOBER – WHAT’S HAPPENING IN THE MARKET?
The housing market in the GTA faced some challenges in October 2023. The main issue was the lack of affordability, which made it difficult for many potential home buyers to make a purchase. Due to this and the uncertainty, the sales decreased slightly compared to the previous year’s same period. However, the selling prices continued […]
WHY MAKING MAJOR UPGRADES CAN BACKFIRE WHEN YOU WANT TO SELL YOUR HOUSE
Improving your home to match your family’s preferences and needs is a great idea, but it’s important to consider the changes you make carefully. Some renovations may not provide a good return on investment when you eventually decide to sell the property, and others may even make it more difficult to find a buyer. By […]
BANK OF CANADA HOLDS KEY INTEREST RATE STEADY AT 5%
The Bank of Canada has announced that it will keep its target interest rate at 5%. This decision was made because the global economy is slowing down and growth is expected to slow down further. The bank has decided to continue its policy of quantitative tightening. This means that it is reducing the amount of […]