November 2024 Shows Improvement in Housing Market Conditions in Mississauga, Brampton and GTA Area   Greater Toronto Area (GTA) home sales increased strongly on a year-over-year basis in November 2024. Many buyers benefitted from more affordable market conditions brought about by lower borrowing costs. New listings were also up compared to November 2023, but by a much lesser annual rate. This meant that market conditions tightened, resulting in overall average price growth... [read more]

Tech the Halls: Smart Home Gadgets for a Stress-Free Holiday Season The holidays are a time for joy, family, and celebration, but they also bring added responsibilities. Between decorating, hosting, and just keeping up with your daily routines, your home can quickly start to feel more like a neverending to-do list rather than your haven.  That’s where smart home technology comes in. It can help you streamline holiday tasks to focus on what matters most—spending time... [read more]

Multigenerational Home Buying: How to Find a Home That Fits Your Whole Family For many homebuyers, multigenerational living used to be considered an option of last resort: it was a route families took only when they needed to ride out a financial storm or care for ailing family members. But that mindset is on the decline: A growing number of families now say that they are embracing multigenerational living and moving in together by choice.  In fact, the share of homes occupied by... [read more]

Modern 1 Bed 1 Bath condo for sale in the heart of Milton, Ontario, Canada Description Modern condo located in the heart of Milton! Freshly painted unit with all the upgrades! Big beautiful windows to brighten up the space. Quartz counter-tops and stainless steel appliances. Hardwood flooring and ceramic tiles throughout the unit. Extra large outdoor patio space. Close to all amenities, schools, parks, shopping, restaurants, highways and hospital. Highlights Ground floor access... [read more]

Home Buyer Activity Increases Slightly in July 2024 As More Properties Come On The Market TORONTO, ONTARIO, August 6, 2024 – Greater Toronto Area (GTA) home sales in July 2024 were up compared to July 2023. While sales were up from last year, buyers continued to benefit from more choice in the GTA marketplace, with annual growth in new listings outstripping that of sales. The better-supplied market meant that buyers also benefitted from a slight relief in selling prices on... [read more]

Top 4 Factors to Consider When Choosing Your Mortgage With home prices and rates still relatively high, securing a mortgage can feel daunting––even to the most experienced borrowers. But don't let that deter you: If other homebuyers’ experiences are any indication, odds are you'll eventually find a home loan that works well for you.  In fact, research from the Real Estate and Mortgage Institute of Canada (REMIC) found that even after the Bank of Canada... [read more]

So what exactly is the purpose of your business, dad? In my previous blog post, I shared a story about a conversation I had with my son, Raghav, when he asked why I wasn't featured on a billboard. Today, I’d like to share the continuation of that conversation, where Raghav posed another insightful question. "So what exactly is the purpose of your business, dad?" he asked, his eyes full of curiosity. It was a simple question, but it made me think deeply about... [read more]

Why Aren't You on a Billboard, Dad?  I hope you're ready for a story, because I have one that I think you'll enjoy. It's a tale that involves my son, a billboard, and a lesson about the purpose of my business. Recently, I was driving with my son, Raghav, when he asked me a question that caught me off guard. "Why aren't you on a billboard, dad?" he asked, his eyes wide with curiosity. I was taken aback, not expecting such a question from my young boy.... [read more]

Mid-Year Market Update for 2024: What Buyers and Sellers Need to Know   Once again, the number one story in real estate this summer is mortgage rates. But unlike last year, when a surprise series of rate hikes from the Bank of Canada sent skittish buyers back to the sidelines, all signs now point to the opposite scenario. Instead of market-chilling rate hikes, economists now expect market-quickening rate cuts—possibly starting as soon as this month.1  That means the... [read more]

Downsize Your Home, Rightsize Your Life: How to Choose the Ideal Smaller Home   When you've lived somewhere for many years, it can be tough to say goodbye. But if you (or a loved one) currently have a home that is bigger than necessary or is too high maintenance, it may be time to trade unused square footage for a smaller, more manageable space.  Take it from the downsizers who’ve been there: Although living small might require some adjustments, it can also... [read more]

GTA Real Estate Market tightens in January 2024 compared to 2023 housing activity TORONTO, ONTARIO, February 6, 2024 – Home sales were up in January 2024 in comparison to January 2023. This annual increase came as some homebuyers started to benefit from lower borrowing costs associated with fixed rate mortgage products. New listings were also up year-over-year but by a lesser annual rate compared to sales. The resulting tighter market conditions when compared to the same period a... [read more]

Upgrade Your Home With These 2024 Design Trends One of the best parts of owning a home is the freedom to make it truly your own with design choices that reflect your personality and lifestyle. Whether you lean toward contemporary design or a farmhouse aesthetic, your home is your canvas.  Even so, it’s always smart to think about the long-term impact those decisions might have on your home’s value. Choosing over-personalized or unpopular materials and finishes could... [read more]

  Looking for a home with a fireplace? https://FindMyGTAHome.com Text/Call me direct at: 416-618-9753 [read more]

Real Estate Market Forecast: Opportunities for Home Buyers and Sellers in 2024 Home buyers surprised everyone last spring when they shook off higher borrowing costs and showed up to new home sales in droves. The surge in competition for a still-limited pool of properties helped home prices pop and renewed sellers' confidence in their ability to get top dollar for a home. But experts caution that the 2024 housing market could unfold quite differently, especially if Canada's... [read more]

Celebrate Sustainably: 5 Ideas for an Eco-Friendly Holiday at Home It's the most wonderful time of the year. But for many families with festive plans and hectic schedules, it's also the most wasteful.  According to one survey, for example, 60% of respondents admitted to throwing away more than usual during the holiday months as they filled up their trash bins with uneaten food, wrapping paper, gift bags, and commercial packaging.1 The reality is, Canadians routinely... [read more]

35 Tips to Furnish Your New Home for Less   Buying a new home is one of the most exciting experiences in life. And if you’re like most homebuyers, you’ll be planning your furniture placement and decor before the ink dries on your offer letter. But before you run to the nearest home goods store, take a deep breath. First, you’ll need to delay any major purchases before you close on your new home. A large outlay or additional line of credit could affect your... [read more]

Should “GTA Landlord” Be Your New Side Hustle?   Are you interested in growing your income? Rental properties are a popular side hustle, but there’s a lot to consider before you jump in. Watch this video to find out how an investment property can help you grow your wealth — or even afford your first home. Then, read our latest blog post to learn about different investment options and how to decide if you’re ready to be a... [read more]

Income Properties Are Trending, But Is Landlord Life for You?   If the thought of investing your money into brick and mortar—or perhaps some stylishly-painted siding—excites you, join the club.  Investing in real estate has long been one of Canadians' favourite ways to grow their wealth. According to a poll by CIBC, 15% of Canadian homeowners already earn some rental income, while another 11% aspire to it. What's more, over a third of current... [read more]

Top 7 Tips To Attract the Best Offers for Your Home     Not long ago, home sellers were in their heyday, as historically-low mortgage rates triggered a real estate buying frenzy. However, the Bank of Canada shut down the party when it began raising interest rates last year.1 Now, it’s not as simple to sell a home. While pandemic-era homebuyers were racing the clock—trying to lock in a low mortgage rate and gain a foothold in the market—current buyers... [read more]

7 Common Homebuyer Regrets (And How To Avoid Them)  To avoid buyer's remorse, be sure to consider your future self when shopping for a home.  Most new homebuyers don't regret becoming homeowners. In fact, according to a recent survey by Zolo, 80% of Canadians who purchased a home during the pandemic say they're glad they bought their current homes.1 But that doesn't mean newly-minted homeowners don't have any regrets about their buying... [read more]

Lesser Property Listings & Stronger Demand for Home Ownership Resulted in 16.5% Increase in Real Estate Transactions in June 2023 TORONTO, ONTARIO, July 6, 2023 – Home sales and the average selling price in the Greater Toronto Area (GTA) in June 2023 remained above last year’s levels. Seasonally adjusted sales dipped on a month-over-month basis. The seasonally adjusted average selling price and the MLS® Home Price Index (HPI) Composite benchmark were up compared to... [read more]

Renovate or Relocate? 3 Questions To Help You Decide Does your current home no longer serve your needs? If so, you may be torn between relocating to a new home or renovating your existing one. This can be a difficult choice, and there’s a lot to consider—including potential costs, financial implications, and quality of life.  A major remodel can be a major commitment. From hiring contractors to selecting materials to managing a budget, it can take a tremendous... [read more]

National Real Estate Market Update for 2023 There’s an old adage in real estate: location, location, location. But ever since the Bank of Canada began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: mortgage rates, mortgage rates, mortgage rates. Higher rates had the immediate impact of cooling homebuyer affordability and demand. But when the Bank of Canada announced in early March that it would put additional rate changes on hold, the... [read more]

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]

Stress-Free Home Cleaning: 27 Practical Tactics for Busy Households     Keeping a clean and orderly home is a challenge for many of us. Between busy work schedules, social obligations, and family commitments, it’s tough to keep up with daily chores—let alone larger seasonal tasks.  The effort is worthwhile, however. A sanitary environment can keep you and your family healthier by minimizing your exposure to germs and allergens.1 Plus, researchers have... [read more]

GREATER TORONTO AREA HOME SALES AND LISTINGS DROP IN FEBRUARY 2023 Uptick in Home buying Expected Later This Year February sales in the Greater Toronto Area (GTA) were down substantially from the pre-rate hike levels of early 2022. However, the number of new listings also dropped substantially year-over-year. The result was that the average selling price and MLS® HPI continued to level off after trending lower through the spring and summer of last year. “It has been... [read more]

My Home Didn’t Sell! Now What?   When it comes to listing your home, most home sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3) to sell quickly. But the reality is, selling a home is rarely that simple. And homeowners who try to do it themselves—or receive bad advice—can end up stuck (months later) with a property that hasn’t sold.  If that’s you, don’t panic! We’ve outlined the... [read more]

Hidden Costs of a Home Purchase Saving up to buy your first home? Factor these potential costs into your budget. If you’re hoping to buy a home this year, reach out to schedule a free consultation. We can help you navigate the process and reach your real estate goals. Manoj Arora, Broker of Record 647-361-1517 or 416-618-9753 #realestate #realestateagent #homebuyertips #firsttimehomebuyer #househunting #manojarora #aceteamrealty #manojarorarealtor [read more]

Top 6 Home Design Trends To Watch in 2023 Over the past few years, many of us have spent extra time at home—and that means we appreciate the personal design touches that make a house cozy and comfortable more than ever. Some of us have adapted our dwellings in new ways, from creating functional home offices to upgrading the appliances we use most.  But while it’s important to make your home your own, it’s also smart to think about the long-term impact your... [read more]

ASSIGNMENT SALE PRE-CONSTRUCTION WATERFRONT CONDO IN ETOBICOKE TORONTO     We are very pleased to bring to you an amazing Pre-construction Assignment Deal for this Water Front Condo Building by a highly reputed builder. If you missed buying at the launch time, no worries, you can still be part of this project at a much lower price than the Builder’s current price. Here are some details: ✅ 1 Bedroom Plus Den + 1 Bath ✅ 1 Parking... [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]

Our New Year mission to raise $10,000 for the Toronto SickKids hospital   My first exposure to Sick Kids hospital was more than 25 years ago. I was fairly new to the country.  My friend’s niece, who was about 2 or 3 years old at that time, was admitted in the Sick Kids hospital to repair a hole in her heart.  The ambiance was so great. I have visited many hospitals during my previous work as a Pharmaceutical Rep, but this place was amazing. There was... [read more]

2023 Real Estate Market Outlook (And What It Means for You) Last year, one factor drove the real estate market more than any other: rising mortgage rates.  In March 2022, the Bank of Canada began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have been slow to respond, the housing market has reacted accordingly. Both demand and home prices have softened, as the primary challenge for buyers has shifted from... [read more]

New Year’s Resolutions for Home Sellers   Add these 3 New Year’s Resolutions to your list if you’re thinking about selling your home in 2023. 🏠 Whether you’re ready to list or just starting to think about selling, don’t hesitate to reach out for a consultation! Call or Text 647-361-1517 or... [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]

Duplex Investment Property | $55,000 Rental Income | Turnkey Project   Located in London Ontario, this duplex property differs from traditional side by side or multi story duplexes. Each unit has their own private front entrances and do not share common access. Tenants have exclusive living space with total privacy and parking for each unit. Unit A: This unit is all main floor living, boasting 2 large bedrooms and 1 full bathroom. Newly renovated kitchen and large living... [read more]

Home for the Holidays: How To Stretch Your Budget in a Season of Inflation   You don't have to break the bank to celebrate the holidays in style—even in this season of inflation. Prices may be higher on everything from food to gifts to decorations, but there are still plenty of opportunities to eke out extra savings.  For example, you can trim your energy bills by up to 20% just by sealing air leaks in your home.1 Other small fixes—such as swapping... [read more]

Home Inspection Mistakes   🚩Don’t make these common home inspection mistakes!🚩 Home inspections are a make-or-break moment, but there’s no need to panic. Just be sure to avoid these common mistakes: 1️⃣Miss Attending Your Inspection It’s the perfect chance to find out where everything is located and see first-hand what repairs and updates may be needed. 2️⃣Expect a Perfect Report The key is to understand which problems are simple... [read more]

5 Year Rule of Real Estate   You need to know about the 5-year rule. 🏡 Some financial experts caution against buying a home unless you plan to own it for at least 5 years. This is because there are costs associated with purchasing and selling a home, and it may take time for the property’s value to rise enough to offset those expenditures.  If you aren’t sure about your new area or think you will need to move soon for work or family, you may be better... [read more]

NEW GTA HOME LISTINGS DOWN WHILE THE AVERAGE REAL ESTATE SELLING PRICE LEVELS OFF IN OCTOBER TORONTO, ONTARIO, November 3, 2022 – Despite the continued housing market transition to a higher borrowing cost environment, the average selling price in the Greater Toronto Area (GTA) found some support near $1.1 million since the late summer. GTA home sales continued to adjust to substantially higher interest rates in October 2022, both on an annual and monthly basis. However, new... [read more]

7 Tips to Maximize Your Home’s Sale Price Over the past few years, a real estate buying frenzy bid up home prices to eye-popping amounts. However, as mortgage rates have risen, buyer demand has cooled.1 Consequently, home sellers who enter the market today may need to reset their expectations. The reality is, it’s no longer enough to stick a “for sale” sign in the yard and wait for buyers to bang down the door. If you want to net the most money possible for... [read more]

Homeownership changes lives.   We want to hear your story—how has your life changed since you purchased your home? Or, if you’re still renting, what are you hoping will change when you do buy? Most homeowners will agree—purchasing a home is one of the best moves you’ll ever make, but only if you’re ready. If you’re contemplating your first home purchase, check out our latest blog post. We’ve shared the top 5 questions you need to... [read more]

Buy Now or Rent Longer? 5 Questions to Answer Before Purchasing Your First Home Deciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you’re a first-time homebuyer. But in today’s whirlwind market, you may find it particularly challenging to pinpoint the best time to start exploring homeownership.    A real estate boom during the pandemic pushed home prices to an all-time high.1 Add higher... [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]

Move Easier with "Open Me First" Box By the time you’re ready for bed after a big move, it could be the wee hours of the morning. And the last thing you’ll want to do is search through boxes for your pillows and bed sheets. So, make those first 24 hours in your new home seamless with an “Open Me First!” box that includes essentials like tools, toilet paper, and cleaning supplies. Want more helpful moving tips for the big day? Check out our blog... [read more]

8 Strategies to Secure a Lower Mortgage Rate Interest rates have risen rapidly this year, triggered by the Bank of Canada’s efforts to curb inflation. And the July MNP Consumer Debt Index found that 59% of Canadians “are already feeling the effects of interest rate increases.”1   Why has the impact been so widespread? In part, due to the rising popularity of variable rate mortgages. According to the Canada Mortgage and Housing Corporation, in the latter... [read more]

What if we are not happy with the home we buy? Do you have similar feelings? It is natural to have this kind of thought when you are in the market to buy your home. Buying a home is a huge decision - one you literally have to live with! When you buy a home through The ACE Team, we strive to find you the perfect home  -- one you'll be happy with for years to come. You see, we have many unique systems especially for our buyers which allow us to quickly zero in on exactly what... [read more]

10 Pro Tips for a Smooth Home Move The process of buying a new home can be both exhilarating and exhausting. But the journey doesn’t stop when you close on your property. On the contrary, you still have quite a bit to do before you can begin the process of settling into your new place.  Fortunately, you don’t have to do everything in a day. You don’t have to do it all alone, either. When you work with us to sell or purchase a home, you’ll have an ally by... [read more]

Should you get preapproved for a mortgage before you start house hunting? And the answer is BIG YES!! Here are three reasons why: You’ll find out how much home you can really afford. You’ll gain credibility when you’re ready to make an offer. You’ll speed up the buying process. In fact, this could be a costly mistake not to get the mortgage pre approval done. To help home buyers protect from this and other common pitfalls there is a new FREE... [read more]

4+1 Bed - 5 Bath Beautiful Detached Home in a Family Friendly Neighbourhood | Gordon Woods | Mississauga             Nestled in a serene Gordon Woods neighbourhood surrounded by mature trees and lush greenery, this elegant custom built 4-bedroom family home is waiting for you! Soaring ceilings, high baseboards, custom trim, formal living and dining rooms, large mudroom and 2nd floor laundry room... [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]

Spacious Mississauga Condo Living        Mississauga 2 Bed + Solarium and 2 Bath Corner Unit Tucana Court Condo for Sale Spacious Corner Condo Unit With Panoramic Views Of The City Including The CN Tower. 2 Full Bathrooms. Solarium big Enough To Be Converted Into Another Bedroom or use it as a home office. Amazing location on Hurontario corridor at Hwy 403. The upcoming Hurontario LRT will further boost the value of this condo location. Unit comes with 2... [read more]

Milton 3 Bedroom 3 Bath Town House for Lease Very Spacious and well maintained  Town Home Available For rent In Great Location Of Milton. Hardwood In Living, Dining, Staircase And Upstairs Landing.             Bedrooms: 3 Baths: 3 Separate Living and Family Room Walk out from Breakfast area to the back yard 1 Garage and 2 driveway parking spots Upgraded Kitchen, Spacious Family Room, Garage Door Entrance, A/C,... [read more]

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]

7 Costly Mistakes Home Sellers Make (And How to Avoid Them) No matter what’s going on in the housing market, the process of selling a home can be challenging. Some sellers have a hard time saying goodbye to a treasured family residence. Others want to skip ahead to the fun of decorating and settling in a new place. Almost all sellers want to make the most money possible. Whatever your circumstances, the road to the closing table can be riddled with obstacles — from issues... [read more]

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 Rates and Short Supply: The State of Real Estate in 2022 Canada's housing market hit a boiling point last year as homebuyers clambered for real estate in regions with significantly more demand than supply. But now that homeowners and buyers alike are feeling the pinch of rising interest rates and record inflation, the market appears to finally be simmering down. That, in turn, could create a welcome opening for shoppers to be more selective with their searches. However,... [read more]

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]

London Ontario Residential Investment Properties There is no doubt that investing in real estate is one of the proven ways of building wealth. However with the current home prices, finding a property which offers a positive cash flow is quite challenging. We are delighted to present to you income producing (with positive cash flow) residential duplex and student rental investment properties in London, Ontario. TOTAL TURN KEY OPPORTUNITY: The properties are strategically picked up... [read more]

  What exactly is “Parking RECO Ontario Real Estate Licence”? 🤔     Attention: Part Time Realtors I am often asked this question about how to save money by parking my Ontario RECO Real Estate License and save money. In this video I have covered the basic concept as to what Parking the License means. The other terms used are Hanging the License or Warehousing the real estate license. They all mean the same. I also shared what the Real... [read more]

Tight housing market conditions continued to support a double-digit annual pace of price growth in GTA Real Estate in March 2022 TORONTO, ONTARIO, April 5, 2022 – There were almost 11,000 Greater Toronto Area (GTA) home sales reported in March 2022, capping off the third-best March and second-best first quarter on record. Tight market conditions continued to support a double-digit annual pace of price growth, with an average selling price of $1.3 million. The average selling price... [read more]

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]

Prestigious Peel Village Brampton Detached Home for Sale      Welcome To 29 Norval Cres., Fully Renovated Located In Prestigious Peel Village of Brampton on a Huge Pie Shaped Lot. This Fully Renovated 4 Level Detached Side-Split Features Family Room Addition, All Wood Flooring Thru-Out, Custom White Kitchen, Quartz Counters, Open Concept Floor Plan & 3 Well Appointed Bedrooms. Fully Finished Basement, Wainscoting In Foyer, 2 Fully Renovated Bathrooms And Sits... [read more]

Same GTA Real Estate Story -  Inventory Low, Sales Decline, Home Prices Further Up in February 2022   February home sales were down compared to the all-time record in 2021, but represented the second-best result for the month of February in history. New listings dropped, but by a marginally lesser annual rate than sales, pointing to a modest move to a slightly more balanced market. Competition between buyers, however, remained tight enough to support double-digit price... [read more]

Hedge Against Inflation With These 3 Real Estate Investment Types The annual inflation rate in Canada is currently around 5.1%—the highest it’s been in 30 years.1 It doesn’t matter if you’re a cashier, lawyer, plumber, or retiree; if you spend Canadian dollars, inflation impacts you. Economists expect the effects of inflation, like a higher cost of goods, to continue.2 Luckily, an investment in real estate can ease some of the financial strain. Here’s... [read more]

Bank of Canada Increases the Overnight Lending Rate to 0.5% The Bank of Canada today increased its target for the overnight rate to ½ %, with the Bank Rate at ¾ % and the deposit rate at ½ %. The Bank is continuing its reinvestment phase, keeping its overall holdings of Government of Canada bonds on its balance sheet roughly constant until such time as it becomes appropriate to allow the size of its balance sheet to decline. The unprovoked invasion... [read more]

January 2022 Home Sales Dip from Last Year’s Record Result in Greater Toronto Area • There were 5,636 sales reported through the TRREB MLS® System in January 2022 – down by 18.2 per cent compared to 6,888 sales in January 2021. While sales were down substantially compared last year’s record result, the January 2022 result was the second best in history for the month. This result is in line with TRREB’s forecast for a strong sales result in 2022, but off... [read more]

8 Popular Home Design Features for 2022 There’s a lot to consider when selling your home, from market conditions and appraisals to where you’ll go next. Don’t forget, however, the importance of design. It’s often one of the first things buyers notice when they walk into a home, and it’s also a detail that you, as a seller, can easily control. According to Realtor.ca’s 2022 housing market forecast, October of 2021 saw record home sales.1 Even with... [read more]

3 Hot Real Estate Market Wishes to Avoid   “Oh, how I wish…” started no wise real estate decision ever.  When the real estate market is hot, engaging in wishful thinking is not just fool hardy, it can be costly. So, Here are 3 home-buying wishes to avoid: I Wish the house was in a different neighbourhood. If you don’t like the area, don’t buy the house simply because it’s in your price range. Make sure it satisfies in other... [read more]

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]

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]

November 2021 Home Sales Achieved a New Record with Real Estate Prices Reaching a New All-Time High in Greater Toronto Area TORONTO, ONTARIO, December 3, 2021 – Home sales reached a new record for the month of November, and the average selling price also reached a new all-time high. New listings were down substantially compared to last year for all market segments – further highlighting the inherent supply issue across all home types in the Greater Toronto Area (GTA). GTA... [read more]

December 2021Sunday Fun Day is Here - Win $25 Gift Card🥰 December 05, 2021: Today is Sunday Fun Day!!   Sure this weekend is going great for everyone.   I am delighted to bring to you this month's SUNDAY FUN DAY QUIZ!!   Enter HERE  http://sundayfunday.manojarora.com/ and you can win $25 Gift Certificate To Amazon.ca   SUNDAY FUN DAY!!   It's simple, it's fun and you have a chance to... [read more]

20 Unique Home Gifts for Every Person on Your List Every year, it seems the holidays sneak up on us—and every year, that brings with it the dreaded last-minute gift panic. Finding a present that hits all the right notes can be surprisingly stressful, even when it comes to people you’ve known for years. But have no fear! We’ve lined up a list of gifts for every “type” on your list. And since we work in real estate, they’re all centred around home... [read more]

It's November Sunday Fun Day Time - Win $25 Gift Card🥰 Today is Sunday Fun Day!!   Sure this weekend is going great for everyone.   I am delighted to bring to you this month's SUNDAY FUN DAY QUIZ!!   Enter HERE  http://sundayfunday.manojarora.com/ and you can win $25 Gift Certificate To Amazon.ca   SUNDAY FUN DAY!!   It's simple, it's fun and you have a chance to win every... [read more]

Low Inventory of Homes for Sale Pushed Up Real Estate Prices by 19.3% in October 2021 in Mississauga, Brampton and Greater Toronto Area  Home sales in the Greater Toronto Area (GTA) reached the second-highest level on record for the month of October. However, the inventory of homes for sale did not keep up with demand. The number of new listings was down by approximately one-third compared to October 2020. Market conditions tightened across all major home types compared to... [read more]

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?     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 😱     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]

October 2021 Sunday Fun Day Winner Announcement by Manoj Arora of Ace Team Realty     We are very delighed to announce the winner of our this month's Sunday Fun Day Quiz. The Winner gets $25 Gift Certificate from Amazon.ca.   The question this month was: What year was the very first iPhone released?   The correct answer is: 2007   Congratulations Winner - see the winner here!! ... [read more]

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]

Shut Down Home Intruders With These 7 Safety Strategies A break and enter occurs every 90 seconds in Canada.1 Fortunately, there are some proven tactics you can use to decrease your likelihood of a home invasion. Most burglars won’t go to extreme lengths to enter your home. They are looking for easy access with minimal risk. A monitored security system can be an effective deterrent—homes without one are 300% more likely to be burglarized—but it isn’t the only... [read more]

It's Sunday Fun Day Time - Win $25 Gift Card🥰 / Today is Sunday Fun Day!!   Sure this weekend is going great for everyone.   I am delighted to bring to you this month's SUNDAY FUN DAY QUIZ!!   Enter HERE http://sundayfunday.manojarora.com/ and you can win $25 Gift Certificate To Amazon.ca   SUNDAY FUN DAY!!   It's simple, it's fun and you have a chance to win every... [read more]

Get Answers to All Your Real Estate Questions       It’s time to head Back-to-School! 📚✏️🍎   So welcome to “Real Estate 101,” where we share our knowledge and insights about today’s real estate market. 🤓   You can earn an 🅰️ by heading over to our blog post, where we address the top 3️⃣ questions we get from sellers: ➡... [read more]

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]

9 Tips for Buying and Selling Your Home at the Same Time Selling your home when you still need to shop for a new one can feel daunting to even the most seasoned homeowner––especially when the demand for new homes keeps rising, but the supply feels like it's dwindling.¹ You're not alone either if you're already feeling drained by the complex logistics of trying to sell and buy a new home all at once.  Searching for a new home can be exciting, but many... [read more]

2 Bedroom Legal Basement apartment on Valleyway in Brampton available for rent   Located in sought after Williams Parkway and James Potter area of Brampton, the apartment is built with care for a caring small family to call it a home.   This beautifully built basement apartment boasts of 2 spacious bedrooms and 1 modern bathroom, a very modern upgraded kitchen with stainless steel appliances, granite countertop and ceramic backsplash & upgraded laminate flooring... [read more]

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]

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]

5 Factors That Reveal Where The Real Estate Market Is Really Headed In a July release, the Canadian Real Estate Association reported that home sales had fallen for three months in a row after reaching an all-time high in March.1 So could one of the world’s hottest real estate markets finally be headed for a downturn? We wouldn’t bet on it. That’s because even though sales have slowed, it was still the strongest June on record—and 13% higher than last... [read more]

  Imagine Every Month Winning a $25 Gift Certificate To Amazon.ca     Introducing SUNDAY FUN DAY!!   http://sundayfundayentry.manojarora.com/   It's simple, it's fun and you have a chance to win every month.   Here is how it works.   Every month we email you simple multiple choice question - the type of question you can easily google up and get the... [read more]

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]

Upward Sales and Average Price Projected in Greater Toronto Area by Toronto Real Estate Board  New Research Shows Potential Land Transfer Tax Hike Would Hurt All Buyers and Sellers TORONTO, ONTARIO,  June home sales were up compared to last year, but remained below the March 2021 peak and were lower than the number of transactions reported for May 2021, consistent with the regular seasonal trend. The average selling price in June increased by double digits compared to last... [read more]

How to Bridge the Appraisal Gap in Today’s Real Estate Market If you’re searching for drama, don’t limit yourself to Netflix. Instead, tune in to the real estate market, where the competition among buyers has never been fiercer. And with homes selling for record highs,1 the appraisal process—historically a standard part of a home purchase—is receiving more attention than ever.  That’s because some sellers are finding out the hard way that a... [read more]

36 Luxury Condominium Residences at Mt. Pleasant & Eglinton, Toronto Residences on Keewatin Park is a luxury collection of 36 high-end, modern townhomes located at Mt. Pleasant and Eglinton. Spacious and stately, these suites range from 800 to over 2,000 square feet with configurations available from one to four bedrooms. Keewatin Stands Out in One of Toronto's Best Neighbourhoods Expansive Outdoor Living Private outdoor space is a rare amenity in midtown Toronto.... [read more]

Hello Ontario Realtors, Toronto Regional Real Estate Board fees are due by 30th June. Don't want to pay? Have you just completed your Real Estate Course 🧑‍🎓, but not ready to trade? Are you a Part-Time Real Estate Salesperson or Broker and want to take time off selling Real Estate? 🏖️ Are you going on a Maternity Leave? 🤰 Thinking of retiring from active Real Estate Business? But don't want to give up your Ontario RECO License? 🏠 🌟 GOOD NEWS!!... [read more]

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]

STRONG MAY 2021GREATER TORONTO AREA HOME SALES REMAIN BELOW MARCH PEAK     TORONTO, ONTARIO, June 3, 2021 – Residential transactions reported through TRREB’s MLS® System remained high in May 2021, but fell short of the 2016 record and were below this year’s March peak. Despite a slight ebb in sales over the last two months, market conditions remained tight enough to push the average selling price to an all-time record in May. Greater Toronto Area... [read more]

Realtors: Want to take time off your real estate business? Circumstances in life change and so do the career priorities. And that’s OK. Whatever the reason, you may have to take some time off your real estate business for a short period of time or for a longer duration. But you don’t want to lose your RECO Ontario Real Estate License nor do you want to incur unnecessary expenses like Real Estate Board Fees, OREA fee, CREA fee, Franchise fee and other... [read more]

Finding a New Home for Your Next Stage of Life Imagine the first place you lived as a young adult. Now imagine trying to fit your life today into that space. Not pretty, right? For most of us, our housing needs are cyclical. A newly independent adult can find freedom and flexibility in even a tiny apartment. That same space, to a growing family, would feel stifling. For empty nesters, a large home with several unused bedrooms can become impractical to heat and clean. It’s no... [read more]

THE PACE OF GREATER TORONTO AREA HOME SALES SLOWS IN APRIL 2021 TORONTO, ONTARIO, May 5, 2021 – Home sales in the Greater Toronto Area (GTA) set a new record for April and amounted to more than quadruple that from April 2020 – the first full month of the pandemic. Bucking the regular seasonal trend, April 2021 sales actually declined month-over-month. A similar trend was noted for the number of new listings reported. GTA REALTORS® reported 13,663 sales through... [read more]

2 + 1 Bedroom Legal Basement apartment having separate entrance in Brampton is available for rent   Very conveniently located near Williams Parkways and James P0tter area, with close proximity to Schools, shopping, Mount Pleasant Go Station and walking distance to bus stop. Apartment comes with 1 Parking and all utilities included and free wi-Fi.   Suits a small family who is willing to keep it like their own.     For more details and... [read more]

Can I Buy or Sell a Home Without a Real Estate Agent? Today’s real estate market is one of the fastest-moving in recent memory. With record-low inventory in many market segments, we’re seeing multiple offers—and sometimes even bidding wars—for homes in the most sought-after neighbourhoods. This has led some sellers to question the need for an agent. After all, why spend money on a listing agent when it seems that you can stick a For Sale sign in the yard then... [read more]

CONSUMER CONFIDENCE AND LOW INTEREST RATES DRIVE UP HOMES SALES IN GTA IN MARCH 2021     For the third straight month of 2021, record home sales continued in March across the Greater Toronto Area (GTA) with buyers taking advantage of favourable borrowing costs and continued improvement in many sectors of the economy. GTA REALTORS® reported 15,652 sales in March 2021 – close to double that of March 2020. While sales were strong, it is important to remember that for... [read more]

2 Bed + Solarium and 2 Bath  Condo For Lease on Tucana Court in Mississauga, Ontario 2 large Bedrooms + Solarium and 2 Full Washrooms with a beautiful view of the Square area in a well kept building which is so well connected to all the amenities, highway, groceries and transportation.   Available from April 01, 2021.   Asking Rent: $2300 per month - Tenants pay for Hydro.   Call me at 416-618-9753 to book your private... [read more]

BANK OF CANADA HOLDS ITS TARGET OVERNIGHT RATE The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank is maintaining its extraordinary forward guidance, reinforced and supplemented by its quantitative easing (QE) program, which continues at its current pace of at least $4 billion per week. The global economy is recovering from the... [read more]

MISSISSAUGA, BRAMPTON, GTA HOME AND CONDO SALES REACH NEW HEIGHTS FOR FEBRUARY 2021            Record home sales in the Greater Toronto Area (GTA) continued in February as buyers remained confident in their employment situations and took advantage of ultra-low borrowing costs. With multiple buyers continuing to compete for many available listings, double-digit annual price growth was the norm throughout the GTA, with stronger rates of growth in the suburbs... [read more]

Is the Real Estate Market Going to Crash? While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last? When COVID-related shutdowns began in March, real estate brokers and clients scrambled to respond to the shift. Record-low interest rates caused some lenders to call a halt to new underwriting, and homeowners debated whether or not to put their houses on the market. However, those first days of uncertainty ushered in a... [read more]

Toronto Regional Real Estate Board Forecasts Strong Demand in Housing Market in 2021              The outlook for the GTA real estate market is healthy with strong buying intentions, a near-record sales forecast of more than 100,000, and a record average selling price over $1 million. Today, the Toronto Regional Real Estate Board (TRREB) is unveiling its must-read Market Year in Review & Outlook 2021 Report and eagerly awaited digital digest... [read more]

5 Inspiring Home Design and Remodelling Trends for 2021 We’ve all spent a lot more time at home over the past year. And for many of us, our homes have become our office, our classroom, our gym—and most importantly, our safe haven during times of uncertainty. So it’s no surprise to see that design trends for 2021 revolve around soothing colour palettes, cozy character, and quiet retreats. Even if you don’t have immediate plans to buy or sell your home, we advise... [read more]

Thank you all, we did it. As, you will recall, before Christmas Holidays, I launched a fundraising campaign for our William Osler Health System foundation to help our front line healthcare workers in the Hospitals.  The 2nd wave of this Pandemic has been putting pressure on the resources of these hospitals. Many of you came forward and donated liberally for this cause and thank you so much. As I had mentioned that instead of investing in my annual calendars and holiday gifts... [read more]

RECORD DECEMBER HOME RESALES AND NEW RECORD IN 2020 AVERAGE SELLING PRICE       TORONTO, ONTARIO, January 6, 2021: Despite an unprecedented year due to COVID-19, including necessary public health restrictions and uncertainty surrounding the economy, Greater Toronto Area REALTORS® reported over 95,000 home sales in 2020 – the third-best result on record. The average selling price reached a new record of almost $930,000. “The Greater Toronto Area housing... [read more]

New Year, New Home? Set Homeownership Goals Whether You’re Buying, Selling, or Staying Put The start of a new year always compels people to take a fresh look at their goals, from health and career to relationships and finance. But with historically low mortgage rates, increased home sales and price growth, and a tight housing inventory, the time is right to also make some homeownership resolutions for 2021. Home buyers, is this the year you work to improve your credit score, pay... [read more]

It's That Time of the Year but with a Difference - Be a Hero, Help a Hero! Hello, this is Manoj Arora from Ace Team Realty, your Real Estate Consultant for life. 2020 has been quite an experience for everyone. This holiday season is going to be different than what we're used to and unfortunately, due to the pandemic restrictions, I will not be able to see my clients this year. As much as I love playing my role as Santa, instead of investing in yearly calendars and goodies, I... [read more]

10 Ways to Give Back to Our Local Community This Holiday Season This year has demonstrated, perhaps more than ever, the importance of our family, friends, neighbors, and community. It truly “takes a village” to keep a community functioning effectively, whether that’s by keeping our waterways clean, feeding the hungry, teaching our kids, or supporting small businesses. With the holidays right around the corner, December offers the perfect opportunity to give back to... [read more]

The New Normal: A Strong Housing Market Expected to Continue into 2021 Circumstances like a once-in-a-hundred-years pandemic and historic inventory shortages might have made you assume that the housing market would lose steam, but there is plenty of evidence to the contrary. As Canadian Real Estate Association (CREA) senior economist, Shaun Cathcart noted, “records [are continually] being broken” in the residential property market.1 Indeed, rather than a slowdown, we are... [read more]

Substantial Increase in Available Condominium Listings in Greater Toronto Area Result in about 10% drop in Rents during Q3 of 2020 Toronto Regional Real Estate Board announced that Greater Toronto Area REALTORS® reported 14,036 condominium apartment rentals through TRREB’s MLS® System during the third quarter 2020. This was an increase of 30.2 per cent over Q3 2019. The number of condominium apartments listed for rent at some point during Q3 2020 was up by... [read more]

FREE September 2020 Report on Square One Mississauga Condo Prices If you are curious about what your Square One Mississauga Conodminium may be worth, here's an easy way to find out what properties like yours are selling for in today's market. PLUS: Get a free report with up-to-the-minute statistics based on all the condos for sale and sold in the Square One area over the last six months in all price ranges. To get your free report on Square One condo prices, just fill... [read more]

2 Bedrooms + Den and 2 Washrooms Condo Apartment for Rent on 3695 Kaneff Cres. of Square One Area of Mississauga, Ontario, Canada Welcome To 3695 Kaneff** Renovated 2 Bedroom + Den - Can Be Used As 3rd Bedroom & 2 Bath Spacious Corner Condo Unit In A Well Maintained Building** Renovated Kitchen, Stainless Steel Appliance** Newer Laminate Flooring Throughout** Renovated Bathrooms** Nicely Painted**Includes 1 Parking & Locker** Hydro Included In The Rent** 24 Hr Security. Fantastic... [read more]

1 Bedroom + Solarium Condo Apartment for Rent on 300 Webb Drive of Square One Area of Mississauga Ontario     1 Bedroom + Solarium *Corner Unit * Approx. 800 Square Feet Of Spacious Living **Bright, Sunny, Clean**Brand New Laminate Flooring** Freshly Painted ** Great Facilities**Huge Solarium, Can Be Used As A 2nd Bedroom Too. https://aceteamrealty.com/300-webb-drive   All Just Steps To Theaters, Square One Mall, Shops, Celebration Square &... [read more]

New Record for the Month of September 2020 with Real Estate Transactions Jumping by 42.3% While the Home Prices Increase by 14% in Greater Toronto Area (GTA) TORONTO, ONTARIO, October 6, 2020 – Toronto Regional Real Estate Board President Lisa Patel announced that sales reported through TRREB’s MLS® System by Greater Toronto Area REALTORS® amounted to 11,083 – a new record for the month of September. This result was up by 42.3 per cent compared to September... [read more]

5 Secrets Buyers and Sellers Must Know About Virtual Home Tours For years now, virtual home tours have helped real estate buyers far and wide find the perfect home. From long-distance military personnel being relocated, to investors expanding their portfolio, to homeowners looking for a vacation getaway, this technology makes finding a house that’s a bit out of driving distance much easier. And for real estate agents, virtual tours have been a useful way to help buyers with their... [read more]

Attention First Time Home Buyers: Need your own Place in Mississauga, Brampton and Greater Toronto Area? Tired of sharing rooms and can't wait to be in your own home? We can help. Just let us know where you would like to live (will take just a few minutes) and take advantage of our FREE Home Finder Service here: http://ownplace.findmygtahome.com/   Thank you for liking, subscribing and sharing our videos: YouTube::... [read more]

  The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank is also continuing its quantitative easing (QE) program, with large-scale asset purchases of at least $5 billion per week of Government of Canada bonds. Both the global and Canadian economies are evolving broadly in line with the scenario in... [read more]

August 2020 Yet Another Record Month for Real Estate Sales in the Mississauga, Brampton & GTA Area with 40% Increase in Sales while Home Prices Jump by 20%  TORONTO, ONTARIO, September 3, 2020 – Toronto Regional Real Estate Board (TRREB) President Lisa Patel announced that the strong rebound in Greater Toronto Area (GTA) home sales continued with a record result for the month of August. GTA REALTORS® reported 10,775 residential sales through TRREB’s... [read more]

Move-Up vs. Second Home: Which One Is Right For You?     The pandemic has changed the way many of us live, work, and attend school—and those changes have impacted our priorities when it comes to choosing a home.   According to a recent survey by The Harris Poll, 75% of respondents who have begun working remotely would like to continue doing so—and 66% would consider moving if they no longer had to commute as often. Some of the top reasons were to... [read more]

Super Hot Greater Toronto Area (GTA) Real Estate Market Sales Jump by 29.5% and Home Prices Increase by 16.9% in July 2020      TORONTO, ONTARIO, AUGUST 6, 2020 - Toronto Regional Real Estate Board President Lisa Patel announces that Greater Toronto Area REALTORS® reported 11,081 sales through TRREB’s MLS® System in July 2020 – a 29.5 per cent increase over July 2019 and a new record for the month of July. On a preliminary seasonally adjusted basis,... [read more]

Lowest mortgage Rates in History: What It Means for Homeowners and Buyers   The interest rate on Canada’s most popular mortgage, the five-year fixed rate, has fallen to its lowest level in history. In early June, HSBC made headlines when it began offering Canadians a five-year fixed-rate mortgage below 2%. Multiple brokers followed suit, and some are now advertising even lower rates.1 And while many Canadians have rushed to take advantage of this unprecedented opportunity,... [read more]

2 Bedroom + 2 Washroom Condo Apartment for Rent on 4185 Shipp Drive of Square One Area of Mississauga, Ontario, Canada Sun-Filled, Spacious 2 Bedroom, 2 Bath Unit (980Sq Feet) In A Well Maintained Building. Spectacular, Unobstructed View Of Lake Ontario And Mississauga City Center. South-West Exposure. 24 Hr Security. Fantastic Location In The Heart Of Mississauga. Walking Distance To Square One, Public Transit, Bus Terminal. Minutes To Hwy 403 & 401. Great Amenities Include: Indoor... [read more]

Mississauga, Brampton and Greater Toronto Area (GTA) Real Estate Market Bounces Back with Increase in Sales and Home Prices in June 2020 TORONTO, ONTARIO, July 7, 2020 – Toronto Regional Real Estate Board President Lisa Patel announced that Greater Toronto Area REALTORS® reported 8,701 sales through TRREB’s MLS® System in June 2020. This result represented a very substantial increase over the May 2020 sales result, both on an actual (+89 per cent) and seasonally... [read more]

Add Value To Your Home With These 9 DIY Improvements   Whether you’re prepping your house to go on the market or looking for ways to maximize its long-term appreciation, these nine home improvement projects are great ways to add function, beauty, and real value to your home.   The best part is, once you’ve secured the materials, most of these renovations can be completed over the course of a weekend. And they don’t require a lot of specialized skills... [read more]

CMHC Tightens Mortgage Insurance Rules Starting July 1 The government-backed Canada Mortgage and Housing Corp said on Thursday it would tighten rules for offering mortgage insurance from July 1, 2020. The move would make it harder for riskier borrowers, who offer downpayments of less than 20 per cent to access CMHC's default mortgage insurance. CMHC is establishing a minimum credit score of 680 instead of the current 600, the group said in an emailed statement. It will... [read more]

How's the Mississauga Brampton & Toronto (GTA) Real Estate Market Now? This is a very common question being asked to me these days. Traditionally, spring is one of the busiest times of the year for real estate. But the corona virus outbreak—and subsequent stay-at-home orders—led many buyers and sellers to put their moving plans on hold. So I looked at today's market data and the sold properties in the Region of Peel, particularly Brampton area. Please... [read more]

Home Prices Hold Steady as Real Estate Sales Drop by 53.7% in May 2020 in Mississauga, Brampton and Toronto (GTA) Area TORONTO, ONTARIO, June 3, 2020 – Toronto Regional Real Estate Board President Michael Collins released the following key housing market statistics for May 2020: TRREB MLS® System Sales and New Listings • Greater Toronto Area REALTORS® reported 4,606 sales through TRREB’s MLS® System in May 2020. This result was down by 53.7 per cent... [read more]

Bank of Canada maintains target for the overnight rate The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. Incoming data confirm the severe impact of the COVID-19 pandemic on the global economy. This impact appears to have peaked, although uncertainty about how the recovery will unfold remains high. Massive policy responses in... [read more]

Is Now a Good Time to Buy or Sell Real Estate?   Traditionally, spring is one of the busiest times of the year for real estate. But the coronavirus outbreak—and subsequent stay-at-home orders—led many buyers and sellers to put their moving plans on hold. In April, sales volume fell to its lowest level since 1984, according to the Canadian Real Estate Association.1   However, while sales have fallen, prices have remained stable. The average home price in... [read more]

Happy Mother's Day!! Thank you all the moms for turning our Houses into Homes!! HAPPY MOTHER'S DAY!! For turning your DREAM to REALTY, contact Manoj Arora, Broker of Record Cell: 416-618-9753 Email: contact@manojarora.com Our FREE Home Finder Service: https://aceteamrealty.com/find-your-dream-home Want to know fair market value of your home: https://aceteamrealty.com/free-home-evaluation Thank you for liking and sharing our videos and post!! Facebook:... [read more]

Home Sellers Take their Properties Off the Market as Real Estate Sales Drop in Greater Toronto Area in April 2020 TORONTO, ONTARIO, May 5, 2020 – Toronto Regional Real Estate Board President Michael Collins released the following key housing market statistics for April 2020: Home Sales and Listings Greater Toronto Area REALTORS® reported 2,975 residential transactions through TRREB’s MLS® System. This result was down by 67 per cent compared to April 2019.... [read more]

20 Ways to Save Money and Stretch Your Household Budget These days, it seems like everyone’s looking for ways to cut costs and stretch their income further. Fortunately, there are some simple steps you can take to reduce your household expenses without making radical changes to your standard of living. When combined, these small adjustments can add up to significant savings each month. Here are 20 things you can start doing today to lower your bills, secure better deals, and... [read more]

Detached Homes and Condominium Apartment Sales got affected the Most in GTA Real Estate Market in First half of April 2020                              TORONTO, ONTARIO, April 22, 2020 – Toronto Regional Real Estate Board President Michael Collins is reporting results for the first 17 days of April 2020, in order to provide some guidance on the impact of COVID-19 on the Greater Toronto Area housing... [read more]

The Bank of Canada today maintained its target for the overnight rate at ¼ percent, which the Bank considers its effective lower bound. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank also announced new measures to provide additional support to Canada’s financial system. The necessary efforts to contain the COVID-19 pandemic have caused a sudden and deep contraction in economic activity and employment worldwide. In financial... [read more]

Let’s lighten up a little bit and  you may win this $50 Amazon Gift Card We’re all being encouraged to #StayHome as much as possible these days. Chances are you are spending lot of time on social media. So why don’t we connect on social media and in the process you can win $50 Amazon Gift card. It’s very simple. I am sure most of you are on Facebook. So visit my business Facebook page at https://Facebook.com/AceTeamRealty and you have to do 3... [read more]

Effect of Covid-19 on Greater Toronto Area (GTA) Real Estate Market in March 2020 & Beyond                    TORONTO, ONTARIO, April 3, 2020 – Toronto Regional Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 8,012 home sales through TRREB’s MLS® System in March 2020 – up by 12.3 per cent compared to 7,132 sales reported in March 2019. However,... [read more]

#StayHome: How to Create Functional Spaces in Your Home During the Coronavirus Outbreak Since the outbreak of the novel coronavirus (COVID-19), many of us are spending a lot more time at home. We’re all being called upon to avoid public spaces and practice social distancing to help slow the spread of this infectious disease. While it can be understandably challenging, there are ways you can modify your home and your lifestyle to make the best of this difficult... [read more]

Top 5 Home Design Trends for a New Decade Whether you’re planning a simple refresh or a full-scale renovation, it’s important to stay up-to-date on the latest trends in home design. Sellers who make tasteful updates can generate increased buyer interest and, in some cases, a premium selling price. And buyers should consider which features of a home will need updating immediately (or in the near future) so they can factor renovation costs into their overall budget. Even... [read more]

Ottawa unveils new mortgage stress test rules that will make it easier to pass On February 18, Minister of Finance Bill Morneau announced changes to the benchmark rate used to determine the minimum qualifying rate for insured mortgages, also known as the stress test. The new minimum qualifying rate will be the weekly median five-year fixed insured mortgage rate from mortgage insurance applications, plus two percentage points. TRREB has long called for adjustments to the... [read more]

Take Advantage of Your Home Equity: A Homeowner’s Guide Homeownership offers many advantages over renting, including a stable living environment, predictable monthly payments, and the freedom to make modifications. Neighborhoods with high rates of homeownership have less crime and more civic engagement. Additionally, studies show that homeowners are happier and healthier than renters, and their children do better in school.1   But one of the biggest perks of... [read more]

Bank of Canada maintains overnight rate target at 1 ¾ percent - January 22, 2020 The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent. The global economy is showing signs of stabilization, and some recent trade developments have been positive. However, there remains a high degree of uncertainty and geopolitical tensions have re-emerged, with... [read more]

Real Estate Market set to take off with 17% Increase in Sales and 12% Price Increase in December 2019 in Grater Toronto Area (GTA) TORONTO, January 7, 2020 - Toronto Real Estate Board President Michael Collins reported that December 2019 residential sales reported through TREB’s MLS® System by Greater Toronto Area REALTORS® were up by 17.4 per cent year-over-year to 4,399. Total sales for calendar year 2019 amounted to 87,825 – up by 12.6 per cent compared to the... [read more]

2020 Outlook: Real Estate Market Forecast After a two year slump, the future's looking bright again for Canadian real estate. Economists expect positive growth in the national housing market in 2020, supported by low mortgage rates, a solid job market, and a rising population. In fact, in a recent report, RBC Economics called 2019 a “turning point for Canada’s housing market.”1 To understand why—and where the market is headed—we take a closer look at... [read more]

Ontario #Realtors Don't Want to Pay CREA and OREA Fees? OREA/CREA Fees are due by end of January 2020. But you may not be currently Active as Realtor and don't want to pay these fees. Here's a GOOD NEWS!! You can SAVE this money by Parking Your Ontario #RECO License with ACE Team Realty Inc., Brokerage. In addition, you also don't have to pay your TREB or any other Real Estate Board fee by Parking or Hanging your Real Estate License with our... [read more]

Home Sales Increase by 14.2% while New Real Estate Listings Decline During November 2019 in Greater Toronto Area  TORONTO, December 4, 2019 - Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,090 sales through TREB’s MLS® System in November 2019 – a 14.2 per cent increase compared to November 2018. On a GTA-wide basis, sales were up year-over-year for all major market segments. Annual sales growth in... [read more]

Gifts and Gadgets for Every Room in the House Are you searching for new and innovative gift ideas this holiday season? If so, check out our list of the hottest home technology offerings. We’ve selected a few of our favourites for every room in the house. These smart systems and devices add comfort, convenience, and a “cool factor” that will delight your friends and family. So think about who you know that loves the latest gadgets … or add a few of these to... [read more]

Toronto to enforce new Airbnb regulations after tribunal rules in favour of stricter bylaws A provincial tribunal has ruled in favour of Toronto's plan to put stricter regulations on the city's short-term rental market. The Local Planning and Appeal Tribunal (LPAT) made its decision Monday, nearly two years after the city first approved the bylaws. Under the rules, Toronto will require short-term rental operators to live at the home they list on sites such as... [read more]

Greater Toronto Area (GTA) Real Estate Market Gains Strength with 14% Increase in Home Sales in October 2019 over October 2018 Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 8,491 residential sales through TREB’s MLS® System in October 2019. This result represented a 14 per cent increase compared to 7,448 sales reported in October 2018. GTA-wide, sales were up on a year-over-year basis for all major home... [read more]

Charisma 2 South Condos: ONE DAY VIP SALE - Register Now to get first access of units of your choice!! LOCATION Charisma2 sits steps from shopping, parks, highways, transit and more. Vaughan Mills; the 250+ store shopping hub of the city features designer stores, multiple restaurants, and a one-stop shopping experience. Getting around is ultra-convenient with access to highway 400, 407 and Jane street only minutes away. Commuting downtown but don’t feel like driving? The brand... [read more]

Another Success Story - SOLD Mineola Mississauga Luxury Home on Maplewood Road  - yours Home could be Next!! Mineola: You may remember that not long ago your neighbours at 70 Maplewood Road put their house on the market with Manoj Arora, Broker of Record of Ace Team Realty Inc., Brokerage. Well, they got what they deserved, a buyer for their beautiful home!! They will be moving in a next little while and they are really excited about the move. Manoj has prepared a special report... [read more]

Selling your Greater Toronto Area (GTA) Home Doesn't Have to be a Nightmare!!   We can HELP!! http://bit.ly/2Jtv4FP NO TRICKS - ONLY TREATS!! In today's Real Estate Market Selling your house requires more than just listing on the MLS system. We will market your property to give it the maximum possible exposure till it is sold at the highest possible price. If you are thinking of Selling your home in the next couple of months or just curious about it's fair... [read more]

Is Buying a Home in Greater Toronto Area Driving you Crazy?   There is an Easier way - WE CAN HELP!! http://find.findmygtahome.com/   FindMyGTAHome - Because You Have Better Things To Do! http://find.findmygtahome.com/ Fast. Easy. Automatic. FREE! Find My GTA Home is a FREE service to help Greater Toronto Area home buyers find their dream home.   No more having to rely on manual searched. Fill out the form and start your auto-email home search... [read more]

Greater Toronto Area Real Estate Sales jump 22% in Septemeber 2019 amongst decline in New Property Listings on MLS Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,825 sales through TREB’s MLS® System in September 2019. This result represented strong year-over-year sales growth of 22 per cent compared to 6,414 sales reported in September 2018. It is important to note, however, that sales remain well-below the... [read more]

Brand New Never Lived in Legal Basement apartment having separate entrance in Brampton is available for rent immediately!!   Located in sought after Williams Parkway and James Potter area of Brampton, the apartment is built with care for a caring small family to call it a home.   This beautifully built basement apartment boasts of 2 spacious bedrooms and 1 modern bathroom, a very modern upgraded kitchen with stainless steel appliances, granite countertop and ceramic... [read more]

National Snapshot: How’s the Real Estate Market? The Canadian real estate market is heating up again! After a cooldown in 2018, economists predicted a modest rebound this year. However, the housing market has exceeded exurately track pricing trends across comparable homes—shows a slow but steady climb since January.1 Toronto-Dominion Bank Economist James Marple attributes the increase in housing prices and sales activity to positive economic fundamentals. “As they have in... [read more]

Greater Toronto Area (GTA) Real Estate Sales jump by 24.3% in July 2019 while Home Prices increase moderately by 3.2% TORONTO, August 6, 2019 – Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 8,595 sales through TREB’s MLS® System in July 2019. This result was up by 24.3 per cent compared to July 2018. On a month-over-month basis, sales were up by 5.1 per cent, after preliminary seasonal adjustment. New... [read more]

5 Step Strategy for Downsizing Your Home In our “bigger is better” culture, there’s an expectation that each home should be larger and grander than the last. But life changes like divorce, kids leaving for college, or even the simple act of growing older can prompt us to find a smaller home that better suits our shifting needs and lifestyle. In fact, the advantages of downsizing are being increasingly recognized. A “tiny house movement” has gained... [read more]

Greater Toronto Area (GTA) Low Housing Inventory results in 10.4% increase in sales in June 2019 driven by Higher Density Market Segments TORONTO, July 4, 2019 – The new President of the Toronto Real Estate Board, Michael Collins, announced that Greater Toronto Area REALTORS® reported 8,860 sales through TREB’s MLS® System in June 2019, representing a 10.4 per cent increase compared to June 2018. Over the same time period, total new listings remained at a similar... [read more]

Will Your Remodel Pay Off? The Best (and Worst) Ways to Spend Your Budget Most new homeowners have something about their property that they want to change. And as family needs and design trends shift over time, many will eventually choose to remodel. Some homeowners make updates to their property before listing it to maximize their potential sales revenue. Whatever your reasons are for taking on a home improvement project, it’s wise to consider how the money you invest will... [read more]

Is your home ready for the big game?   http://bit.ly/2CskIT5  Need bigger GTA home - we will find your Dream Home!   FindMyGTAHome - Because You Have Better Things To Do! Sign up Now: http://bit.ly/2CskIT5 It's Fast, Easy, Automatic and FREE! Find My GTA Home is a FREE service to help Greater Toronto Area home buyers find their dream home. Your first email will list all homes currently available for sale that meet your... [read more]

Greater Toronto Area Real Estate Sales jump in May 2019 with home prices increasing 18.9% over May 2018 TORONTO, ONTARIO, June 5, 2019 –Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 9,989 transactions through TREB’s MLS® System in May 2019.1 While this result represented a substantial increase of 18.9 per cent over the 15-year low in May 2018, it should be noted that the result was still below the average for... [read more]

Greater Toronto Area (GTA) Real Estate Sales jump by 16.8% in April 2019 while home prices move up by 1.9% TORONTO, ONTARIO, May 6, 2019 – Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported a substantial year-over-year increase in home sales in April 2019. The number of residential transactions jumped by 16.8 per cent to 9,042 compared to 7,744 in April 2018. On a preliminary seasonally adjusted basis, sales were up 11.3 per cent... [read more]

Stunning Luxury Home for sale on Maplewood Road in Mineola, Mississauga, ON OPEN HOUSE: SATURDAY MAY 11, 2019 2:00 - 4:00 P.M. This luxurious custom built home is nestled in your Mineola neighborhood, one of the Mississauga’s prestigious areas. This estate home is the epitome of comfort and tranquility. This amazing home rests on a beautiful yard that includes an in-ground, salt-water pool. Designed with spacious layout, this beauty boasts approximately 8000... [read more]

Greater Toronto Area (GTA) Real Estate Market sales remain flat in March 2019 while home prices hold amidst low listing inventory TORONTO, ONTARIO, April 3, 2019 – Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 7,187 residential sales through TREB’s MLS® System in March 2019. This result was inline with 7,188 sales reported in March 2018. For the first quarter of 2019, sales were down by one per cent compared to Q1... [read more]

Improving Affordability Today: Support for First-Time Home Buyers introduced in the 2019 Federal Budget To help make homeownership more affordable for first-time home buyers, Budget 2019 introduces the First-Time Home Buyer Incentive. The Incentive would allow eligible first-time home buyers who have the minimum down payment for an insured mortgage to apply to finance a portion of their home purchase through a shared equity mortgage with Canada Mortgage and Housing Corporation... [read more]

2 Bedroom + Den 2, Washrooms Condo Apartment for Rent on 4460 Tucana Court in Mississauga, Ontario, Canada Stunning 2 Bedrooms+Den & 2 Baths Condo For Lease In Mississauga, Ontario At A Great Location Close To Major Highways, Square One Mall, Transit And Shopping. This Highly Upgraded Unit Provides Pure Comfortable Living. Large Solarium W/2 Walkouts. Gorgeous Modern Kitchen With Granite Counter-Top, Pot Lights & Granite Back-Splash . Imported Ceramics In Kitchen And Washrooms. 15 Mm... [read more]

In today's Real Estate Market Selling your house isn't as simple as you thought!! It requires more than just listing on the MLS system. We can HELP!! We will market your property to give it the maximum possible exposure till it is sold at the highest possible price. If you are thinking of Selling your home in the next couple of months or just curious about it's fair Market Value. please visit: https://aceteamrealty.com/free-home-evaluation and let us know about... [read more]

Greater Toronto Area (GTA) Real Estate Market may be finding it's support levels with both Home Sales and Prices increasing in January 2019 TREB President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 4,009 home sales through TREB's MLS® in January 2019 – up by 0.6 per cent compared to January 2018. On a preliminary seasonally adjusted basis, sales were up by 3.4 per cent compared to December 2018. "It is encouraging to see the slight... [read more]

Low Condominium inventory results in strong 8.3% price increase in Q4 of 2018 in the Greater Toronto Area TORONTO, January 29, 2018 -- Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 5,191 condominium apartment sales through TREB's MLS® System in the fourth quarter of 2018. This result was down by 9.9 per cent compared to the last three months of 2017. New condominium apartment listings entered into TREB's... [read more]

Tight Condo Rental Market results in substantial increase  in Greater Toronto Area (GTA) Rents TORONTO, January 28, 2018 -- Toronto Real Estate Board President Garry Bhaura announced that, based on rental listings and transactions reported by Greater Toronto REALTORS® through TREB's MLS® System, rental market conditions remained very tight in the fourth quarter of 2018.  Average rents for one-bedroom and two-bedroom condominium apartments were up substantially on a... [read more]

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. The global economic expansion continues to moderate, with growth forecast to slow to 3.4 per cent in 2019 from 3.7 per cent in 2018. In particular, growth in the United States remains solid but is expected to slow to a more sustainable pace through 2019. However, there are increasing signs that the... [read more]

Greater Toronto Area (GTA) Real Estate Sales drop by 16% while Home Prices were down 4.3% in December 2018 TORONTO, January 4, 2019 -- Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported a total of 77,426 residential transactions through TREB's MLS® System in 2018.  This result represented a 16.1 per cent decline compared to 92,263 sales reported in 2017.  Total new listings entered into TREB's MLS® System... [read more]

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. The global economic expansion is moderating largely as expected, but signs are emerging that trade conflicts are weighing more heavily on global demand. Recent encouraging developments at the G20 meetings are a reminder that there are upside as well as downside risks around trade policy. Growth in... [read more]

Mississauga, Brampton & Greater Toronto Area Real Estate Sales Drop while Home prices record slight growth in November 2018 TORONTO, ONTARIO, December 5, 2018 – Toronto Real Estate Board President Garry Bhaura announced the continuation of moderate price growth in November 2018 compared to November 2017. The MLS® Home Price Index (HPI) Composite Benchmark was up by 2.7 per cent year-over-year. The average selling price was up by 3.5 per cent year-over-year to... [read more]

Greater Toronto Area Real Estate Market holds steady with Home Prices up by 3.5% in October 2018 Greater Toronto, November 5, 2018 – Toronto Real Estate Board announced year-over-year increases in home sales and average sale prices reported through TREB’s MLS® System in October 2018. Greater Toronto Area REALTORS® reported 7,492 sales through TREB’s MLS® System in October 2018 – a six per cent increase compared to October 2017. On a preliminary... [read more]

Condominium Apartments record strong Rental Increase in Mississauga, Brampton and Greater Toronto Area in Q3 2018 TORONTO, October 18, 2018 -- Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® continued to report robust average annual rent increases for condominium apartments during the third quarter 2018 compared to Q3 2017.  The overall number of lease transactions for condominium apartments was also up by 5.8 per cent... [read more]

Greater Toronto Area Real Estate Prices moved up by 2.9% in September 2018 amidst  drop in Home Listings TORONTO, October 3, 2018 -- Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 6,455 sales through TREB's MLS® System in September 2018 – up 1.9 per cent compared to September 2017.  The average selling price for September 2018 sales was up by 2.9 per cent over the same period to $796,786.  The MLS® HPI... [read more]