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
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Category: Market Watch
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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
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Category: Law
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Wednesday, September 6, 2023 @ 12:00 AM
Posted By: Eric Axiak
Higher borrowing costs, continued uncertainty about the economy and Bank of Canada decision making, and the constrained supply of listings resulted in fewer home sales in August 2023 compared to August 2022. The average selling price remained virtually unchanged over the same period. On a seasonally adjusted monthly basis, sales
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Category: Market Watch
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Saturday, September 2, 2023 @ 12:00 AM
Posted By: Eric Axiak
A clean kitchen is crucial for maintaining a healthy environment and ensuring safe and delicious food. However, finding the time or desire to deep clean can be challenging. The good news is that you do not need multiple days and hours to achieve a sparkling-clean kitchen. With expert advice and
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Category: Health
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Thursday, August 3, 2023 @ 12:00 AM
Posted By: Eric Axiak
Greater Toronto Area (GTA) home sales, new listings and home prices were up in July 2023 in comparison to July 2022. On a seasonally adjusted basis, the market experienced more balance in July compared to June, with sales trending lower while new listings were up. “Home sales continued to be
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Category: Market Watch
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Tuesday, August 1, 2023 @ 12:00 AM
Posted By: Eric Axiak
As a new homeowner, you may have a lot on your plate, one of which is taking care of your lawn. Keeping your lawn healthy and attractive requires some effort and knowledge, but do not worry! With the right maintenance and care, you can have a lush, green lawn that
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Category: Gardening
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Thursday, July 6, 2023 @ 12:00 AM
Posted By: Eric Axiak
Home sales and the average selling price in the Greater Toronto Area (GTA) in June 2023 remained above last year’s levels. Seasonally adjusted sales dipped on a month-over-month basis. The seasonally adjusted average selling price and the MLS® Home Price Index (HPI) Composite benchmark were up compared to the previous
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Category: Market Watch
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Friday, June 30, 2023 @ 12:00 AM
Posted By: Eric Axiak
In the face of a housing crisis, recent reports suggesting that the Greater Golden Horseshoe (GGH) has enough land to meet the Ontario government’s target of building 1.5 million housing units by 2031 have overlooked a critical aspect — the availability of shovel-ready sites. A recent study conducted by the Toronto
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Category: Real Estate
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Friday, June 2, 2023 @ 12:00 AM
Posted By: Eric Axiak
The Greater Toronto Area (GTA) housing market continued to improve from a sales perspective in May 2023. Unfortunately, the supply of homes for sale did not keep up with the demand for ownership housing. Sales as a share of new listings were up dramatically compared to a year ago. This
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Category: Market Watch
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Friday, June 2, 2023 @ 12:00 AM
Posted By: Eric Axiak
The Ontario Landlord Tenant Board (LTB or Tribunal) has long had a reputation for being unfair and inefficient. Unfortunately, according to a new report from Ontario’s ombudsman, the LTB has gotten worse in many operational and service areas. In the middle of a historic rental housing supply
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Category: Real Estate
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