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]

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]

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]

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]