“Demand for ownership housing has remained strong despite a pandemic-related lull in population growth. Of specific note is the condominium apartment market, which has seen a marked turn-around in 2021 with sales up compared to last year. First-time buyers, many of whom were slower to benefit from the initial r...
June home sales were up compared to last year, but remained below the March 2021 peak and were lower than the number of transactions reported for May 2021, consistent with the regular seasonal trend. The average selling price in June increased by double digits compared to last year as well, but the annual rate of increase moderated compared to the...
Home sales in the Greater Toronto Area were historically high in May 2021, but fell short of the 2016 record and were below this year's March peak. Despite a slight ebb in sales over the last two months, market conditions remained tight enough to push the average selling price to an all-time record in May.
Five practical thoughts for first-time homebuyers.
First-time homebuyers have a lot riding on their home-purchasing readiness. We've all heard that a home is probably one of the most expensive purchases you'll make in your lifetime. Potential buyers often dream of cool features, such as marble countertops and open concept living, but the reality of...
Home sales in the Greater Toronto Area set a new record for April and amounted to more than quadruple that from April 2020 – the first full month of the pandemic, and when the economic impact of COVID-19 was arguably the worst.
Compared to the ten-year GTA sales average of 10,000 for the April 2010 to April 2019 period, the April 2021 sales result...
The real estate industry is over crowded with agents and therefore bound to have at least a few less-than-desirable experiences when it comes to buying or selling a home.
Currently, there are more than 59,000+ licensed real estate Broker and Salesperson members of the Toronto Regional Real Estate Board, the largest real estate board in Canada. I kn...