Mindblown: a blog about philosophy.
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GTA Housing Market Slows Amid High Rates
Greater Toronto home sales ↓ 1.8% in December, totalling 3,359 transactions. The avg selling price ↓ 1.6% yearly to $1,067,186 in December.
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Ontario’s Improved Credit Rating Boosts GTA Growth
Ontario's improved credit rating allows for lower borrowing costs, benefiting GTA residents and families. GTA families will receive $1K in rebates to help combat high interest rates and taxes.
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GTHA Condo Sales Plummet 64%
New condo sales in GTHA dropped 64% at the end of 2024, marking the lowest sales since 1996. Investor challenges, including negative cash flow and financing difficulties, contribute to the ongoing market decline.
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‘Unprecedented’ 18- and 22-storey buildings proposed in historic Mississauga area
A proposal for two residential towers, 18 and 22 storeys high, has been introduced in historic Streetsville, Mississauga, raising concerns about its size and density. The site, currently occupied by low-rise buildings, is designated for medium-density residential use, allowing a maximum height of three storeys. Local councillor Brad Butt has expressed that the proposed heights…
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Checkout my listing video
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Check out this open house Listing Address: 534 Kleinburg Summit Vaughan (Kleinburg), Ontario L4H4T5
Step into luxury with this spectacular detached home in the prestigious Kleinburg neighborhood. Backing onto serene ravine views, this residence offers 4,600 sq. ft. of refined living space across two beautifully designed floors, plus 1,515 sq. ft. in the finished walk-out basement. The basement features a newly installed kitchen and a separate door for privacy…
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BILD Applauds City of Mississauga Housing Task Force Report for Presenting Comprehensive Solutions to Current Crisis
The Building Industry and Land Development Association (BILD) commended Mississauga for its new report aimed at enhancing development in the Greater Toronto Area. The report outlines over 30 recommendations to tackle challenges in residential and non-residential construction, including high building costs, bureaucratic delays, restrictive zoning, and the need for better government coordination. BILD expressed commitment…
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GTA Real Estate Set for Competitive Market in 2025
Greater Toronto Area prices expected to ↑ 5% by Q4 2025 compared to the previous year. Real Estate demand is forecast to grow, with faster home sales and decreased market time in 2025.
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High Supply Drives GTA Condo Price Declines
High condo supply in the GTA has allowed buyers to negotiate lower prices. In December 2024, 80% of condos in the GTA sold below the asking price.
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Happy Lunar New Year
恭喜發財. Wishing you prosperity. Lunar New Year, is the most important celebration observed in China, with cultural and historic significance.The New Year celebration is centered around removing the bad and the old, and welcoming the new and the good. Traditional activities include reunion dinner, cleaning houses, visiting family members, setting off firecrackers and fireworks, and…
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