SHOULD YOU INSTALL SECURITY CAMERAS AT YOUR HOUSE?
Ensuring the safety of our loved ones and our homes is a top priority, but it’s not always feasible to be present at all times. While security cameras can provide a valuable deterrent against criminal activity and assist in identifying culprits, it’s important to recognize their limitations. Reasons to Install Security Cameras As homeowners, we […]
AN UNCERTAIN JULY: WHAT’S HAPPENING IN THE MARKET?
The GTA saw a surge in home sales, new listings, and home prices in July 2023 compared to the same period last year. The market experienced a more balanced seasonally adjusted basis in July, with sales slowing down while new listings rose. Home sales remained higher than last year, indicating that many households have adapted […]
BANK OF CANADA RAISES INTEREST RATES…YET AGAIN!
The Bank of Canada suddenly increased its key interest rate by 0.25% this morning, bringing it to 5%. The move was somewhat expected due to the strong performance of the economy. The central bank cited high demand and underlying inflation pressures as reasons for the increase. While there have been some recent indicators of a […]
AN UNSTEADY JUNE: WHAT’S HAPPENING IN THE MARKET?
The Greater Toronto Area saw an increase in home sales and average selling price in June 2023 compared to the previous year. However, sales dipped on a monthly basis due to uncertainty surrounding inflation and interest rates. The lack of available inventory also hindered willing buyers from finding suitable homes. The Toronto Regional Real Estate […]
SHOULD YOU EXPAND YOUR HOME’S FOOTPRINT OR BUILD ANOTHER LEVEL?
If your family is getting bigger and your home feels too small, it’s time to consider making some changes. Adding an extension can be a great solution, but you’ll need to decide if you want to add another floor or expand outward. Consider your needs carefully and take the necessary steps to improve your living […]
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 […]
TIPS WHEN DESIGNING YOUR OUTDOOR LIVING SPACE
Summer living means dining al fresco, spending leisurely afternoons outdoors, and winding down by the outdoor fireplace in the evening. Designing your outdoor space, the same way you would create an indoor living area will result in maximum relaxation and enjoyment, creating a space to enjoy your time outside comfortably. Employing the same interior design […]
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 […]
AN INTENSE MARCH: WHAT’S HAPPENING IN THE MARKET?
The GTA’s housing market conditions intensified in March 2023. Sales accounted for an increased share of listings compared to March 2022, signifying that competition between buyers is likely on the rise. The average sale price was above the average list price for the first time since May 2022. As we moved through the first quarter, […]