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November 2024 Shows Improvement in Housing Market Conditions in Mississauga, Brampton and GTA Area

Monday Dec 9th, 2024

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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]

How to Become a Homeowner on a First-Time Buyer’s Budget

Tuesday May 2nd, 2023

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HOw to become a homeowner on a first-time buyer's budget

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]

Prestigious Peel Village Brampton Detached Home for Sale

Tuesday Mar 15th, 2022

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29 NOrval Cres., Brampton

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]

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]

GTA Housing Market Prices Declined 9.2% While Real Estate Sales reduced by 48% in December 2022

Saturday Jan 7th, 2023

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December 2022 GTA Housing Report

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]

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