How to Declutter and Depersonalize Your Home for Sale
Tags: decluttering, depersonalizing, preparation
Decluttering and depersonalizing your home is important when you're trying to sell it, especially if you’re looking to sell it quickly. You can give potential buyers a blank slate to picture themselves living in the space by clearing out personal belongings and extraneous clutter. This can help them better imagine how they would use the rooms and make it easier for them to picture it bec...Read More
A Look Back At The 2022 GTA Housing Market
Tags: market conditions, Home Sales
Home Sales and Listings Down While Selling Price and Rent Up TORONTO, ONTARIO, January 5, 2023 - The Greater Toronto Area (GTA) housing market experienced a marked adjustment in 2022 compared to record levels in 2021. Existing affordability issues brought about by a lack of housing supply were exacerbated by sustained interest rate hikes by the Bank of Canada. "Following a very strong star...Read More
Closing Costs in Ontario
Tags: closing costs, closing, fees
Maybe you've been working hard for the past five years and have finally saved up enough for a respectable down payment on your first house. Or perhaps you were fortunate enough to receive a sizeable down payment from the generous cash gifts your spouse and you received at your wedding. You might have even withdrawn money from your RRSP savings to use toward your down payment. Whatever method ...Read More
Newsletter January - February 2023
Tags: REAL ESTATE, PRICES, STATISTICS
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Housing Market Predictions for 2023
Tags: housing market, buying
The housing market has been through many ups and downs over the past few years. While the American housing market saw a few plunges—largely due to the pandemic—the Canadian housing market did not fall in the same way. This can be attributed to several factors, including a more regulated banking system that prevented lenders from giving mortgages to those who could not afford to pay the...Read More
Interest Rate Hikes Drive Down Home Sales and New Listings in November
Tags: interest rates, home sales
TRREB Calls Increased Borrowing Costs 'Short-Term Shock' TORONTO, ONTARIO, December 6, 2022 - Homeownership market activity in November continued to be influenced by the impact of higher borrowing costs on affordability. Sales were down markedly compared to the same period last year, following the trend that unfolded since the commencement of interest rate hikes in the spring. New listing...Read More
Newsletter November - December 2022
Tags: Real estate, prices, statistics
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Will My House Sell in Today’s Market?
Tags: selling, market
It’s no secret that the housing market is in a different place today than it was this time last year. With sales slowing, many sellers are wondering if their homes will sell at all in today’s market. And if it does sell, will you be getting fair value for it? These questions and more are top of mind for many sellers. Continue reading to learn more about if your house will sell in toda...Read More
Supply Remains an Issue Despite Impact of Higher Mortgage Rates
Tags: MARKET STATS
TRREB Calls on Municipal Election Candidates to Remain Focused on Addressing Housing Affordability TORONTO, ONTARIO, October 5, 2022 – The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs in September 2022. Sales for the month reached 5,038, but were down by 44.1% compared to September 2021. New listings were ...Read More
What Does the Housing Market Look Like for Fall 2022?
Tags: Ontario housing market
Like most of Canada, the Ontario housing market is currently dealing with rising interest rates and a lack of demand for houses. At the same time, people in Ontario, especially in the Greater Toronto Area (GTA), are getting out and shopping around for housing. The market is still thriving, albeit at a slightly lower rate than in previous months. Read on to find out more about what the Ontario hou...Read More