Category: Uncategorized
-
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…
-
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.
-
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…
-
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…
-
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.
-
Will GTA Condo Markets Rebound Before 2026?
Supply remains high at 40,000 units, while demand dwindles due to high interest rates and investor pullback. Is the market on the brink? Experts warn of a construction ‘cliff’ due to record-low condo demand.
-
How Can GTA Overcome Housing Delays and Costs?
In the GTA, high development charges and complex approval processes delay new housing projects, increasing costs.“Missing-middle” housing, like townhomes and duplexes, is essential to address the GTA’s housing shortages.
-
Happy St. Patrick’s Day
St Patrick's Day is the day we all turn a bit Irish. 13 million pints of Guinness are consumed worldwide on St. Patrick's Day. Green is now the traditional color of St. Patrick's Day.
-
Which Home Upgrades Provide the Best ROI for Resale?
Strategic home upgrades can enhance value and attract buyers in competitive markets. Key improvements include modern kitchens, updated bathrooms, and energy-efficient features. Minor kitchen remodels can yield a 75-80% ROI, while bathroom updates offer 60-70%. Enhancements like landscaping and fresh paint can increase offers by 5-10%. Energy-efficient upgrades and smart home technology appeal to buyers…
-
Mississauga Cuts Housing Costs to Build Faster
Mississauga’s new housing measures aim to reduce costs and speed up home construction. Temporary measures include eliminating development charges for three-bedroom rental apartments and reducing charges for others.