Wednesday, May 3, 2023 @ 12:00 AM
Posted By: Eric Axiak
The Greater Toronto Area (GTA) housing market continued to tighten in April 2023. On a year-over-year basis, sales edged lower compared to April 2022, but new listings were down by more than one-third. Fewer listings relative to sales meant there was more competition between buyers, supporting an improvement in selling
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Category: Market Watch
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Monday, May 1, 2023 @ 12:00 AM
Posted By: Eric Axiak
Bathroom renovation is a popular home improvement project that can significantly impact the overall look of your living space. A well-designed bathroom not only increases the value of your home but also improves its functionality while giving the space a much-needed new look. However, the cost of a complete bathroom
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Category: Home Improvement
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Wednesday, October 5, 2022 @ 12:00 AM
Posted By: Eric Axiak
The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs in September 2022. Sales for the month reached 5,038, but were down by 44.1 per cent compared to September 2021. New listings were also down on a year-over-year basis by 16.7 per cent to 11,237. This
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Category: Market Watch
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Tuesday, October 4, 2022 @ 12:00 AM
Posted By: Eric Axiak
If you are a residential landlord or you are contemplating becoming one, you should have a look at some of the new rules. The Residential Tenancies Act came into force in January 2007. Basically, it tips the scales of justice a little further in favour of tenants and particularly professional
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Category: Law
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Thursday, August 4, 2022 @ 12:00 AM
Posted By: Eric Axiak
There were 4,912 home sales reported through the Toronto Regional Real Estate Board (TRREB) MLS® System in July 2022 – down by 47 per cent compared to July 2021. Following the regular seasonal trend, sales were also down compared to June. New listings also declined on a year-over-year basis in
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Category: Market Watch
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Monday, August 1, 2022 @ 12:00 AM
Posted By: Eric Axiak
It’s safe to say that moving to a new place is just as nerve-racking as it is fun for most people. A new home can usually mark a feeling of positivity and excitement, a fresh start somewhere new. However, our pets don’t see it that way. Moving to a new
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Category: Pets
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Wednesday, July 6, 2022 @ 12:00 AM
Posted By: Eric Axiak
Higher borrowing costs continued to impact home sales in June 2022. Sales totalled 6,474 – down by 41 per cent compared to last year’s strong result. The number of transactions was also down compared to May 2022, but this is often the case due to the seasonal nature of the
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Friday, June 3, 2022 @ 12:00 AM
Posted By: Eric Axiak
Greater Toronto Area (GTA) housing market conditions continued to evolve in response to higher borrowing costs. Similar to April results, May 2022 sales were down on a monthly and annual basis. Conversely, active listings at the end of May were up on a month-over-month and year-over-year basis. More balanced market
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Category: Market Watch
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Saturday, May 28, 2022 @ 12:00 AM
Posted By: Eric Axiak
Cases arising out of the 2017 market correction in the Greater Toronto Area continue to result in decisions favouring innocent sellers and substantial damages awarded against defaulting buyers. In a recent case, the buyers entered into a binding Agreement of Purchase and Sale to buy a newly built home in
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Category: Law
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Wednesday, May 4, 2022 @ 12:00 AM
Posted By: Eric Axiak
The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs, with the number of transactions down on a monthly and annual basis. As has been the case with previous rate tightening cycles, some home buyers have moved to the sidelines to determine how they will reposition
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Category: Market Watch
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Listings
