Category: Uncategorized
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GTA Housing Market Faces 27.4% Sales Decline
Greater Toronto home sales ↓ 27.4% in February 2025 due to high mortgage rates and economic uncertainty. Only 4,037 homes were sold, ↓ 28.5% MoM, while new listings ↑ 5.4%.
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What is the best month to buy or sell a home in the Greater Toronto Area?
A new report suggests that spring is typically the busiest season for home sales in the Greater Toronto Area, with price increases expected in the first half of 2025. However, the best month to sell varies by neighborhood. Last year, April had the highest overall sales, followed by May, while some areas peaked in different…
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When Should You List Your Home in the GTA?
Want top dollar for your home? April saw the most GTA home sales. Spring dominates sales trends, as 81 neighborhoods peaked in April and 71 in May, making them top-selling months.
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Ontario: Where to Find Smart-Priced Homes
Sault Ste. Marie offers a market-friendly cost of living with smart-priced homes and excellent outdoor activities.North Bay provides great value housing and access to Lake Nipissing for boating, fishing, and scenic views.
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Happy April Fool’s Day
Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed. It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market! Dream on… Happy April Fool’s Day!
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Greater Toronto and Hamilton Area Housing Crisis: Hidden Costs, Bold Solutions
Housing unaffordability in the Greater Toronto and Hamilton Area (GTHA) poses a significant economic crisis, impacting workforce retention and livability. Nearly half of households earn between $40,000 and $125,000, yet struggle to find stable housing, often spending over 30% of their income on rent or facing long commutes. Without intervention, the crisis will worsen, increasing…
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New Year, New Home: Buying & Selling Tips
Start Early: Sellers should begin the process early, evaluating their home and preparing for the market.Home Preparation: Sellers should invest in updates, cleaning, and professional staging to increase appeal.
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Outlook predicts modest price growth for GTA home sales
Gradual increases in the average selling price of homes in the Greater Toronto Area (GTA) are anticipated in 2025, reaching $1,147,000, a 2.6% rise from 2024. Growth is expected primarily in the single-family market. Lower borrowing costs may boost transactions, though trade disruptions could dampen consumer confidence. A recent poll indicates 28% of respondents plan…
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Happy Nowruz
Nowruz is a 3,000-year-old festival, making it one of the oldest in the world. Haft-Sin is a Nowruz table, featuring 7 symbolic items, all beginning with "sin" and representing different aspects of life. Nowruz celebrated by over 300M worldwide, including Iran, Afghanistan, Tajikistan, Uzbekistan, Azerbaijan, and many more. Nowruz is a time for forgiveness and…
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Canada Invests $19M to Expand Housing in Southern Ontario
Canada invests $19M to help 10 manufacturers expand production and build homes faster in southern Ontario.These investments align with Canada's Housing Plan to enhance accessibility and efficiency in home construction.