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Low Supply of Homes Results in Reduced Sales but Higher Real Estate Prices in Mississauga, Brampton and GTA in September 2021

Thursday Oct 7th, 2021

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September 2021 GTA Housing Market Report

Low Supply of Homes Results in Reduced Sales but Higher Real Estate Prices in Mississauga, Brampton and GTA in September 2021 September marked the transition from the slower summer market to the busier fall market in the Greater Toronto Area (GTA). Every year, we generally see an uptick in sales, average selling price and listings after Labour Day, and September 2021 was no different. Sales increased relative to August and were also at the third-highest mark on record for the month of... [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]

JULY 2021 NUMBERS SHOW STRONG DEMAND CONTINUES FOR HOME OWNERSHIP IN GTA TORONTO, ONTARIO

Monday Aug 9th, 2021

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July 2021 GTA Housing Market Report

JULY 2021 NUMBERS SHOW STRONG DEMAND CONTINUES FOR HOME OWNERSHIP IN GTA TORONTO, ONTARIO With almost 9,400 sales reported in July 2021, demand for ownership housing remained well-above average for the time of year despite being below the record July result set a year earlier. Market conditions actually tightened relative to July 2020, with sales accounting for a greater share of new listings compared to last year. The sellers’ market conditions sustained a double-digit annual rate... [read more]

Appraisals in a Rapidly Shifting Greater Toronto Real Estate Market

Friday Jul 16th, 2021

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Appraisals in a Rapidly Shifting Greater Toronto Real Estate Market

Appraisals in a Rapidly Shifting Greater Toronto Real Estate Market   Think buyers will pay whatever you want to set your list price for? 💸 You may be surprised! 😲 Don’t forget the bank will send an appraiser to determine the fair value for your house and will not lend more to the buyer than what it’s worth. Which can result in a strong offer fizzling out quickly. Whether you’re buying or selling, the appraisal is a major hurdle in a rapidly... [read more]

Could Rising Home Prices Impact Your Net Worth?

Monday Jun 7th, 2021

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Could Rising Home Prices Impact Your Net Worth?

Could Rising Home Prices Impact Your Net Worth? Learn how to determine your current net worth and how an investment in real estate can help improve your bottom line. Among its many impacts, COVID-19 has had a pronounced effect on the housing market. Low home inventory and high buyer demand have driven home prices to an all-time high.1 This has given an unexpected financial boost to many homeowners during a challenging time. However, for some renters, rising home prices are making... [read more]

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