July & August – Bimonthly GTA Newsletter
The Greater Toronto Area (GTA) housing market showed stability in May, with transactions remaining steady at 7,013, similar to April’s 7,114. The average price also saw little change, hovering around $1.16 million. However, a year-over-year comparison revealed a decline in both sales and prices. This reflects the market response to the Bank of Canada’s interest […]
May & June – Bimonthly GTA Newsletter
John Burdi’s May/June 2024 real estate newsletter provides insights into the Greater Toronto Area (GTA) housing market and financial considerations. Despite a 4.5% decrease in GTA home sales in March compared to the previous year, attributed partly to fewer sales days due to Good Friday and prospective buyers awaiting lower interest rates, there’s optimism for […]
FEBRUARY 2024 – VELLORE VILLAGE REAL ESTATE NEWSLETTER
The newsletter also provides localized market analyses for Vellore Village, presenting recent sales data for various property types in these areas. Additionally, it delves into mortgage rates and financial considerations, offering guidance on choices between paying down the mortgage, contributing to RRSPs, or investing in TFSAs. The advice emphasizes comparing interest rates and individual financial […]
FEBRUARY 2024 – KLEINBURG REAL ESTATE NEWSLETTER
The newsletter provides a localized market analysis for Kleinburg, detailing recent sales data for various property types. Additionally, it explores mortgage rates and financial considerations, advising on choices between paying down the mortgage, contributing to RRSPs, or investing in TFSAs. The guidance emphasizes comparing interest rates and individual financial situations when making these decisions. Overall, […]
February 2024 – Sonoma Heights Real Estate Newsletter
The market update includes a breakdown of recent sales in Sonoma Heights, emphasizing various property types and their average prices. The newsletter also provides mortgage rates and explores financial considerations, such as paying down the mortgage versus contributing to Registered Retirement Savings Plans (RRSPs) or Tax-Free Savings Accounts (TFSAs), advising consideration of interest rates and […]
The 2023 GTA Housing Market: High Borrowing Costs and Growing Affordability Challenges
TORONTO, ONTARIO, January 4, 2024 – While the overall demand for housing remained buoyed by record immigration in 2023, more of this demand was pointed at the rental market. The number of Greater Toronto Area (GTA) home sales in 2023 came in at less than 70,000 due to affordability issues brought about by high mortgage […]
January / February 2024 BiMonthly Real Estate Newsletter
In November, the Greater Toronto Area (GTA) real estate market faced challenges with a 6% drop in home sales, totaling 4,236, and sluggish growth in average home price by 0.3% to $1,082,179, according to the Toronto Regional Real Estate Board (TRREB). New listings declined by 26.8% from the previous month but increased by 16.5% compared […]
January 2024 – Sonoma Heights Real Estate Newsletter
The Sonoma Heights Real Estate Newsletter for January 2024 offers a market watch, recent sales data, and featured listings for the Sonoma Heights area, providing insights into the local real estate trends. Additionally, the newsletter discusses mortgage rates and advises potential buyers to consider the impact of interest rate cuts on home prices in the […]
January 2024 – Kleinburg Real Estate Newsletter
The Kleinburg Real Estate Newsletter for January 2024 provides a market watch for the Kleinburg area, presenting recent sales data and featured listings. The newsletter also discusses mortgage rates and advises prospective GTA homebuyers to consider the potential impact of interest rate cuts on home prices, emphasizing that low rates and prices attract high demand, […]
January 2024 – Vellore Village Real Estate Newsletter
The Vellore Village Real Estate Newsletter for January 2024 provides a market watch, recent sales data, and featured listings for the Vellore Village area. Additionally, the newsletter discusses mortgage rates and advises prospective homebuyers in the GTA to consider the potential impact of interest rate cuts on home prices, emphasizing that low rates and prices […]
