GTA AUGUST MARKET: SALES UP, LISTINGS SURGE
The Greater Toronto Area (GTA) housing market saw a lift in sales this August compared to last year, but the real story is the significant increase in available listings. Buyers are benefitting from greater choice across all market segments, while sellers are navigating a landscape where pricing strategy matters more than ever. What’s Happening in […]
GTA SEES STRONGEST JULY HOME SALES IN FOUR YEARS
The Greater Toronto Area (GTA) housing market had its strongest July since 2021, and as REALTORS®, we’re seeing the shift firsthand. Buyers are stepping back into the market thanks to improved affordability, while sellers are navigating conditions that remain competitive yet stable. What’s Driving the Market? Lower borrowing costs and softer home prices are making […]
THE BEST TIME TO SELL YOUR HOME IN TORONTO: A REALTOR’S TAKE
Are you thinking about selling your home in Toronto? Timing is everything! The Toronto real estate market has its ups and downs throughout the year, and choosing the right time to list can mean a quicker sale and a higher price. As a team of Realtors, we’ve seen firsthand how seasonality impacts the market—so let’s […]
TORONTO REAL ESTATE MARKET OUTLOOK: WHAT TO EXPECT IN 2025
The latest Market Outlook and Year in Review report from the Toronto Regional Real Estate Board (TRREB) provides valuable insights into what buyers, sellers, and investors can anticipate in the Greater Toronto Area (GTA) housing market this year. With a well-supplied market and stabilizing economic factors, home price growth is projected to align with the […]
FAREWELL TO A LANDMARK: THE TORONTO STAR BUILDING SET FOR DEMOLITION
One of Toronto’s most iconic office buildings is preparing to say goodbye to the city skyline. After standing tall for 53 years, the Toronto Star Building—a familiar fixture at the foot of Yonge Street—is now on the path to demolition. The sprawling One Yonge site, including the Toronto Star Building, an office tower, and surrounding […]
MAY’S MITIGATION: WHAT’S HAPPENING IN THE MARKET?
The housing market saw continued low activity in May, especially compared to the brief surge in market activity seen last spring. Home buyers are eagerly waiting for relief in mortgage rates, and existing homeowners are hopeful for increased demand, indicated by a rise in new listings compared to the previous year. This has provided buyers […]
A PROGRESSIVE MARCH: WHAT’S HAPPENING IN THE MARKET?
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 […]
WHAT SIZE YARD IS RIGHT FOR YOUR FAMILY?
When you’re in the market for a new home and you have kids, it’s essential to consider the size of the yard along with the size of the house. A spacious yard can give your family plenty of opportunities to spend time outdoors, play games, and host picnics, and barbecues. Here are some tips that […]
A FEBRUARY RESET: WHAT’S HAPPENING IN THE MARKET?
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 […]
TORONTO’S VACANT HOME TAX (VHT) DECLARATION DEADLINE IS FAST APPROACHING
Homeowners in Toronto are reminded to submit their 2023 occupancy status by February 29th. If you fail to submit a declaration of occupancy status by the deadline, your property will be considered vacant and subject to the Vacant Home Tax. Starting from January 1, 2024, a fee of $21.24 will be charged for not submitting […]