A Return to ‘Normal’? The State of Real Estate in 2022   Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that led to a record number of home sales and a historically-high rate of appreciation, as prices soared by a national average of 19.9% year over year, according to the Canadian Real Estate Association.1 There were signs in the second quarter that the red-hot housing market was beginning to simmer down. In June,... [read more]

Is the Real Estate Market Going to Crash? While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last? When COVID-related shutdowns began in March, real estate brokers and clients scrambled to respond to the shift. Record-low interest rates caused some lenders to call a halt to new underwriting, and homeowners debated whether or not to put their houses on the market. However, those first days of uncertainty ushered in a... [read more]

5 Factors That Reveal Where The Real Estate Market Is Really Headed In a July release, the Canadian Real Estate Association reported that home sales had fallen for three months in a row after reaching an all-time high in March.1 So could one of the world’s hottest real estate markets finally be headed for a downturn? We wouldn’t bet on it. That’s because even though sales have slowed, it was still the strongest June on record—and 13% higher than last... [read more]

Get Answers to All Your Real Estate Questions       It’s time to head Back-to-School! 📚✏️🍎   So welcome to “Real Estate 101,” where we share our knowledge and insights about today’s real estate market. 🤓   You can earn an 🅰️ by heading over to our blog post, where we address the top 3️⃣ questions we get from sellers: ➡... [read more]

Low Inventory of Homes for Sale Pushed Up Real Estate Prices by 19.3% in October 2021 in Mississauga, Brampton and Greater Toronto Area  Home sales in the Greater Toronto Area (GTA) reached the second-highest level on record for the month of October. However, the inventory of homes for sale did not keep up with demand. The number of new listings was down by approximately one-third compared to October 2020. Market conditions tightened across all major home types compared to... [read more]