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]

How to get Home Inspections done during Multiple Offers?

Friday Oct 29th, 2021

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How to get home inspection done in multipe offers?

How to get Home Inspections done during Multiple Offers?     Welcome to this episode of Manoj Arora Real Estate Show! As you know, the real estate market has been going through an acute shortage of availability of homes for sale which is resulting in multiple offers coming on the property on the offer day. For the prospective buyer to have a winning offer, in addition to making an attractively priced bid, they by and large have to remove the conditions of Financing and... [read more]

These 78 Properties did not sell in Brampton in September 2021 Hot Real Estate Market 😱

Wednesday Oct 20th, 2021

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78 Properties didn't sell in Brampton in Sept 21

These 78 Properties did not sell in Brampton in September 2021 Hot Real Estate Market 😱     Wow!! Can you believe this? As you know the real estate market in Brampton & Mississauga cities of Region of Peel, and in fact throughout the Greater Toronto Area has been very very robust and homes have been selling like hot cakes. 🔥 🔥 There are multiple offers coming in pretty much on every property but still these 78 properties did not sell. And... [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]

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