GTA Real Estate Market tightens in January 2024 compared to 2023 housing activity TORONTO, ONTARIO, February 6, 2024 – 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 market conditions when compared to the same period a... [read more]

3 Hot Real Estate Market Wishes to Avoid   “Oh, how I wish…” started no wise real estate decision ever.  When the real estate market is hot, engaging in wishful thinking is not just fool hardy, it can be costly. So, Here are 3 home-buying wishes to avoid: I Wish the house was in a different neighbourhood. If you don’t like the area, don’t buy the house simply because it’s in your price range. Make sure it satisfies in other... [read more]

Higher Rates and Short Supply: The State of Real Estate in 2022 Canada's housing market hit a boiling point last year as homebuyers clambered for real estate in regions with significantly more demand than supply. But now that homeowners and buyers alike are feeling the pinch of rising interest rates and record inflation, the market appears to finally be simmering down. That, in turn, could create a welcome opening for shoppers to be more selective with their searches. However,... [read more]