A MORE ACCESSIBLE APRIL: WHAT’S HAPPENING IN THE MARKET?
In April, the Greater Toronto Area (GTA) housing market saw more buyers adjust to the Central Bank’s rate hikes. TRREB’s MLS System reported a total of 8,008 homes sold in April 2022, representing a 41.2 percent decrease year over year, and a 27 percent decrease compared to March 2022. With borrowing costs expecting to increase […]
TOP PATIOS IN YORKVILLE FOR A NIGHT OUT
The snow has melted and temperatures are now in the double digits, which means everyone is eagerly anticipating patio season. Whether you’re planning a night out with your partner, friends, or family, you can’t go wrong sipping your favourite drink outdoors and feeling that cool, evening breeze. If you’re looking to spend every Friday evening […]
MARCH CONTINUES THE MOMENTUM: WHAT’S HAPPENING IN THE MARKET?
As we wrap up the first quarter of 2022, the sales and growth trends that we saw in the housing market in January and February remained consistent in March. TRREB’s MLS System reported a total of 10,955 sales in March 2022, a 30% drop compared to March 2021, while home prices continued to grow, with […]
A STABLE BUT FAST-MOVING FEBRUARY: WHAT’S HAPPENING IN THE MARKET?
Sales in February followed the trend January 2022 started – home sales were down compared to sales in February 2021, with 9,097 sales throughout the GTA reported in the TRREB MLS system. Compared to the 10,929 listings in January 2021, this represents a 16.8 percent decrease in the number of sales compared to the same […]
A STRONG START FOR JANUARY: WHAT’S HAPPENING IN THE MARKET?
Starting off the new year, a total of 5,636 sales were reported through the TRREB MLS System in January 2022, a number that is down 18.2% year-over-year. New listings similarly followed new sales, down 15.5% from January 2021. Although sales were significantly down from the previous year, January 2022 reported the second highest number of […]
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 […]
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 […]
APRIL’S RECORD-BREAKING REBOUND: WHAT’S HAPPENING IN THE MARKET?
Home sales in the GTA have set a new record for April and amounted to more than quadruple that from April 2020. Last April, we experienced the first full month in our city of the COVID-19 pandemic, while challenging the regular seasonal trend, April 2021 sales actually declined compared to the sales we saw last […]