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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]

Making Dollars and $ents of this Crazy GTA Real Estate Market

Tuesday Dec 14th, 2021

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Making Dollars and $ents of this Crazy GTA Real Estate Market What Are You Waiting For GTA Home Sellers? Attention Home Onwers and Real Estate Investors: In this episode of Manoj Arora Real Estate Show, I wanted to share the craziness which is going on in the Greater Toronto Area housing market with actual sales examples of Mississauga Properties in recent past which may encourage you to think about your plan of selling the property(ies) you own. One thing is for sure, this may... [read more]

Seller’s Checklist: A Timeline to Prep Your Home for Sale

Saturday Apr 2nd, 2022

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Home Seller's Checklick

Seller’s Checklist: A Timeline to Prep Your Home for Sale   We’re still in a seller’s market, but that doesn’t mean your home is guaranteed to easily sell.1 If you want to maximize your sale price, it’s still important to prepare your home before putting it on the market. Start by connecting with your real estate agent as soon as possible. Having the eyes and ears of an insightful real estate professional on your side can help you boost your... [read more]

Increasing Real Estate Mortgage Rates Pulling Greater Toronto Area Housing to a more Balanced Market

Monday Jun 6th, 2022

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GTA Housing Market REport May 2022

Increasing Real Estate Mortgage Rates Pulling Greater Toronto Area Housing to a more Balanced Market   Greater Toronto Area (GTA) housing market conditions continued to evolve in response to higher borrowing costs. Similar to April results, May 2022 sales were down on a monthly and annual basis. Conversely, active listings at the end of May were up on a monthover-month and year-over-year basis. More balanced market conditions have provided buyers with more negotiating power. As a... [read more]

Higher borrowing costs continued to impact home sales in GTA's Real Estate Market in June 2022

Friday Jul 8th, 2022

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Current Real Estate market Conditions to remain over summer of 2022

Higher borrowing costs continued to impact home sales in GTA's Real Estate Market in June 2022 Sales totalled 6,474 – down by 41 per cent compared to last year’s strong result. The number of transactions was also down compared to May 2022, but this is often the case due to the seasonal nature of the market. The average selling price, at $1,146,254, remained 5.3 per cent above the June 2021 level, but continued to trend lower on a monthly basis. The MLS® Home Price... [read more]

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