Wednesday, April 3, 2024 @ 12:00 AM
Posted By: Eric Axiak
March 2024 home sales reported through TRREB’s MLS® System were lower than the March 2023 result, due in part to the statutory holiday Good Friday falling in March this year versus April last year. Despite a better-supplied market compared to last year, there was enough competition between buyers to see
Read More
Category: Market Watch
Tags:
Saturday, March 30, 2024 @ 12:00 AM
Posted By: Eric Axiak
If you bought, built, sold, or renovated a home in 2023, you might be wondering what that means for your tax situation. Filing an income tax and benefit return is the first step to qualify for benefits, credits, and other tax incentives. Here are some helpful tips to get
Read More
Category: Real Estate
Tags:
Tuesday, March 5, 2024 @ 12:00 AM
Posted By: Eric Axiak
Greater Toronto Area (GTA) home sales and new listings were up on an annual and monthly basis in February 2024. Selling prices also edged upward compared to a year earlier. Population growth and a resilient regional economy continued to support the overall demand for housing. Higher borrowing costs kept home
Read More
Category: Market Watch
Tags:
Monday, March 4, 2024 @ 12:00 AM
Posted By: Eric Axiak
Contemplating buying your first home can be stressful. With so many things to consider and decide on, where do you start and what obstacles may you face along the way? Here are a couple of pitfalls you should try to avoid if you are a first-time home buyer. Not
Read More
Category: Real Estate
Tags:
Tuesday, February 6, 2024 @ 12:00 AM
Posted By: Eric Axiak
Home sales were up in January 2024 in comparison to January 2023. This annual increase came as some homebuyers started to benefit from lower borrowing costs associated with fixed rate mortgage products. New listings were also up year-over-year but by a lesser annual rate compared to sales. The resulting tighter
Read More
Category: Market Watch
Tags:
Sunday, February 4, 2024 @ 12:00 AM
Posted By: Eric Axiak
Every decision counts when gearing up to sell your house, from the color of the bathroom tiles to the style of the living room rug. However, some choices can significantly influence potential buyers’ perceptions and your home’s selling price. Here are some practical and impactful staging tips that can make
Read More
Category: Real Estate
Tags:
Thursday, January 4, 2024 @ 12:00 AM
Posted By: Eric Axiak
Mortgage rates in the last few years have been a roller coaster of unpredictability, full of twists and turns. Predicting mortgage rates has become analogous to a strategic game, challenging even the most seasoned of economists. But if things progress as expected, then we can expect 2024 to be a
Read More
Category: Mortgage Info
Tags:
Thursday, January 4, 2024 @ 12:00 AM
Posted By: Eric Axiak
While the overall demand for housing remained buoyed by record immigration in 2023, more of this demand was pointed at the rental market. The number of Greater Toronto Area (GTA) home sales in 2023 came in at less than 70,000 due to affordability issues brought about by high mortgage rates.
Read More
Category: Market Watch
Tags:
Wednesday, October 4, 2023 @ 12:00 AM
Posted By: Eric Axiak
The impact of high borrowing costs, high inflation, uncertainty surrounding future Bank of Canada decisions and slower economic growth continued to weigh on Greater Toronto Area (GTA) home sales in September. However, despite the market being better-supplied with listings, the average selling price was up slightly year-over-year. The short
Read More
Category: Market Watch
Tags:
Monday, October 2, 2023 @ 12:00 AM
Posted By: Eric Axiak
In collapsing real estate markets, buyers who fail to complete a purchase may face liability vastly exceeding any deposit they may have paid. In most cases, the seller will be able to seek damages based upon any difference between the unpaid purchase price and the
Read More
Category: Law
Tags:
Listings
