How to Become a Homeowner on a First-Time Buyer’s Budget It's not easy being a first-time home buyer right now. At the end of last year, housing affordability hit an all-time low.1 Additionally, mortgage rates have risen significantly since 2021, while inventory remains tight for many property categories, but especially for starter homes. Even lower-priced condos are harder to snag these days, as investors and downsizers muscle out first-timers by offering stronger, often... [read more]

GTA Housing Market Prices Declined 9.2% While Real Estate Sales reduced by 48% in December 2022   The Greater Toronto Area (GTA) housing market experienced a marked adjustment in 2022 compared to record levels in 2021. Existing affordability issues brought about by a lack of housing supply were exacerbated by sustained interest rate hikes by the Bank of Canada. “Following a very strong start to the year, home sales trended lower in the spring and summer of 2022, as... [read more]

Interest Rate Hikes Drive Down Home Sales and New GTA Real Estate Listings in November 2022 Homeownership market activity in November continued to be influenced by the impact of higher borrowing costs on affordability. Sales were down markedly compared to the same period last year, following the trend that unfolded since the commencement of interest rate hikes in the spring. New listings were also down substantially from last year, and at a very low level historically. The fact that the... [read more]

Don't Miss Your Mississauga Dream Home I am following up on your request from our Facebook page about the list of Mississauga homes for sale starting from $1.5 Million. I sent out a list to you recently. In case you didn't get it, you can get the access here again. >>> Here is the list of currently available homes in Mississauga for your review <<< As you know the home prices have come down quite a bit and there are some nice deals coming up... [read more]

You Don't Want to miss out on the Perfect Brampton Home This is a follow up on the requests I received from our Facebook page about the list of 4 BR 4 bath Detached homes in Brampton with finished Basement for sale under $1.5 Million. I sent out a list to you recently. In case you didn't get it, you can get the access here again> >>>Here is the list of currently available homes in Brampton for your review:<<< As you know the home prices have come... [read more]