Toronto Real Estate Market Update - November 2024
Posted on Nov 07, 2024 in Market Update
Here’s the scoop on the Toronto real estate scene in October 2024: it’s definitely waking up from its long nap. And why? Because the cost of borrowing is finally going down. It seems that all those buyers who’ve been lurking in the shadows, holding off until the rates started to dip, finally decided it was time to make a move.
More people selling, m...
More people selling, m...
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.
Low Sales, High Hopes
May's home sales continued at relatively low levels, especially when compared to last spring’s brief surge in market activi...Insights for Buyers in Canadian Real Estate
Posted on May 16, 2024 in Buying Tips
Toronto Real Estate Market Update - May 2024
Posted on May 09, 2024 in Market Update
Last month's home sales took a slight dip compared to the same time last year, but don't hit the panic button just yet. Here's the lowdown:
In April 2024, the Greater Toronto Area (GTA) saw a moderate decrease in home sales from April 2023. However, the plot twist lies in the surge of new listings, which shot up by a whopping 47.2 per cent year-over...