A total of 6,357 resale transactions were recorded in the GTA in August, down by 34.8% versus the 9,748 units sold in August 2016. This brought year-to-date (January thru August) sales to 67,357 units, down by 15.5% versus the record-setting pace of last year. That said, this year’s year-to-date volume is higher than any other…
The recent interest rate hike by the Bank of Canada could have new homeowners questioning the advantages of fixed rate mortgages versus variable rate mortgages. Each has its pros and cons, depending on your financial goals and tolerance for risk. Here’s the difference between a fixed rate and variable rate mortgage and how to…
Despite cooling, housing market still favours sellers While the new Ontario Fair Housing Plan, which includes a foreign homebuyer’s tax and universal rent control, has contributed to a slowing down of the province’s red-hot housing market, most real estate observers predict that the cooling won’t last for long. Despite the surge in listings in recent…
A total of 5,921 resale transactions were recorded in the GTA in July, down by 40.4% versus the 9,929 units sold in July 2016. At the same time, total active listings by month end were 18,751 units, representing the third consecutive month of close to “normal” supply following a prolonged period of acute inventory shortage.…
With the sun streaming and the weather warm, it’s prime time for barefoot backyard jaunts. But extended periods of sunshine and potential droughts can also wreak havoc on a lawn’s health and growth. Here are a few tips for maintaining a lush green lawn during the peak summer months. Wise watering Grass is extra-thirsty in…
A total of 7,974 resale transactions were recorded in the GTA in June, down by 37.3% versus the 12,725 units sold in June 2016. At the same time, new listings in June totalled 19,614 – up by 15.9% compared to June 2016. This brought total active listings to “normal” supply for this time of year…
Do you love food? On Sunday July 9th, come on out to the 11th annual Fusion of Taste Festival held at the Albion Islington Square. This signature event is a celebration of the many cultures that are present in the GTA. With live music and over 100 performances this festival will take place from 12 PM…
I’m excited to announce that after 39 years of experience in real estate, I am embarking on my own. I am carrying on my late husband’s legacy and have reinstated his brokerage. For Sale Real Estate looks forward to connecting people with places! Thanks, Frances
SIGNIFICANT PRICE INCREASES AND HIGH DEMAND IN THE GREATER TORONTO AREA DURING THE FIRST QUARTER OF 2017 SPURRED GROWING NUMBERS OF BUYERS TO LEAVE THE DOWNTOWN CORE.These buyers, known as move-over buyers, are looking for greater affordability in markets across southern Ontario. In turn, they are driving price appreciation in Mississauga, Brampton, Durham, Barrie, Hamilton-Burlington,…
Today, the Ontario government announced 16 measures as part of Ontario’s Fair Housing Plan to address some of the challenges facing Ontario families as they look to purchase a home. You can see the full list here. While we don’t support all these measures, the government has adopted several REALTOR® recommendations and agreed to do…