GTA Real Estate Market Sales Decline With Increase in Housing Mortgage Interest Rates in April 2022

Wednesday May 11th, 2022

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April 2022 GTA Hosuing Market Report

GTA Real Estate Market Sales Decline With Increase in Housing Mortgage Interest Rates in April 2022 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 themselves in the marketplace given the higher rate environment and related impact... [read more]

A Return to ‘Normal’? The State of Real Estate in 2022

Monday Jan 3rd, 2022

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The State of GTA Real Estate in 2022

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]

New Build or Existing Home: Which One Is Right for You?

Wednesday Nov 3rd, 2021

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New Build or Existing Home?

New Build or Existing Home: Which One Is Right for You? Homebuyers today are facing a huge dilemma. There simply aren’t enough homes for sale.1 Nationwide, the number of newly listed homes dipped slightly in September, down 1.6% from August. According to the Canadian Real Estate Association, that’s only about 2.1 months of inventory, which is far less than the five to six months that is generally needed to strike a healthy balance between supply and demand.2 Given the... [read more]

Greater Toronto Area (GTA) Real Estate Market Takes a Breather while the Housing Demand Remains Strong in August 2021

Tuesday Sep 7th, 2021

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August 2021 GTA Market Update

Greater Toronto Area (GTA) Real Estate Market Takes a Breather while the Housing Demand Remains Strong in August 2021 The Toronto Regional Real Estate Board (TRREB) is reporting the third-best sales result on record for the month of August. While the market has taken its regular summer breather, it is clear that the demand for ownership housing remains strong. At the same time, the supply of listings is down. The result has been tighter market conditions and sustained competition between... [read more]

August 2021 Sunday Fun Day Winner Announecement by Manoj Arora of Ace Team Realty

Friday Aug 20th, 2021

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Sunday Fun Day August 2021 Winner

August 2021 Sunday Fun Day Winner Announecement by Manoj Arora of Ace Team Realty   We are very delighed to announce the winner of our first Sunday Fun Day Quiz. The Winner gets $25 Gift Certificate from Amazon.ca. Good News!! Even if you did not win or did not participate, the next Sunday Fun Day Quick will be announced soon, i.e. first sunday of next month. If you want to participate, please let us know here: http://sundayfunday.manojarora.com Good Luck for the next... [read more]

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