Canada’s New Mortgage Rules: Will They Make Homeownership Easier?
Posted on Sep 25, 2024 in Buying Tips
If you’ve been following the Canadian housing market, you know it’s been getting tougher for many families to enter the market, especially in high-demand areas like Toronto and Vancouver. But recent changes to Canada’s mortgage rules, set to take effect later this year, are poised to make homeownership more accessible. Whether you’re a first-time b...
Toronto Real Estate Market Update - September 2024
Posted on Sep 09, 2024 in Market Update
So, you want to know what's happening in Toronto's real estate market as we roll into September 2024? Well, buckle up because it's been an interesting ride. August didn’t exactly bring a fireworks display to the Greater Toronto Area (GTA) housing scene. In fact, home sales took a bit of a dip compared to this time last year. But, like a classic Tor...
Toronto Real Estate Market Update - August 2024
Posted on Aug 09, 2024 in Market Update
So, here we are in August 2024, and it seems like the Toronto real estate market is finally waking up from its slumber. Last July, the market was sluggish, but this July? Let’s just say things got a bit more interesting. Home sales have ticked up compared to last year, which might make you think that the market is getting hotter. But before you sta...
Toronto Real Estate Market Update - July 2024
Posted on Jul 04, 2024 in Market Update
Welcome to the July 2024 edition of our Toronto Real Estate Market update. The rollercoaster ride continues, folks. As we navigate through the aftermath of a Bank of Canada rate cut, we find ourselves in a market that’s playing the long game.
Last month, home sales in the Greater Toronto Area (GTA) took a breather. Despite the tantalizing rate cut a...
Last month, home sales in the Greater Toronto Area (GTA) took a breather. Despite the tantalizing rate cut a...
What the Recent Bank of Canada Rate Cut Means for Toronto Homebuyers
Posted on Jun 11, 2024 in Buying Tips
On June 5, 2024, the Bank of Canada announced a significant shift in its monetary policy, reducing the target overnight lending rate from 5% to 4.75%. This is the first rate cut since March 2020, a decision that many financial analysts had anticipated. Let's dive into what this means for the Toronto real estate market and how it can impact your hom...
Toronto Real Estate Market Update - June 2024
Posted on Jun 06, 2024 in Market Update
It's time for your latest real estate market update for June 2024. May has left us with some significant insights and trends that are worth exploring. Let's dive into what’s happening in our dynamic market.