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]

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]

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]

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]