News

Toronto Market Update – March 2024

Posted on Mar 13, 2024


In February, the Greater Toronto real estate market experienced a surge in both home sales and listings compared to the previous year, as reported by the Toronto Regional Real Estate Board. The sales figures showed a notable 17.9% increase from February 2023, totaling 5,607 transactions.


The boost in sales was attributed to factors such as populatio...

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Wall Of Fame - March 2024

Posted on Mar 12, 2024


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Toronto Market Update – February 2024

Posted on Feb 02, 2024



In January, Toronto witnessed a 37% surge in home sales compared to the previous year, fueled by lower fixed-rate mortgage costs. TRREB reported 4,223 sales, a 22.9% monthly increase. Despite a 6.1% rise in new listings, demand outpaced supply, tightening the market.



Sales increased across all housing types, with townhouses leading at 54.5%. Condo s...

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5 Ways to Save on Your Mortgage

Posted on Feb 01, 2024



Buying a home is undoubtedly a major milestone, but the financial burden associated with mortgages and high interest rates can be overwhelming. Before you shelve the dream of owning your ideal home, consider these five strategies to save on your mortgage.

Increase Your Credit Score

 
A high credit score reduces the perceived risk for lenders, potential...

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2024 Canadian Housing Market Outlook

Posted on Jan 31, 2024



After experiencing years of unprecedented irregularity, Canadians may witness the real estate market inching closer to normalcy in 2024, according to new insights from the Royal LePage Market Survey Forecast.

Projections indicate that the aggregate home price in Canada is expected to increase by 5.5% year over year, reaching $843,684 in the fourth q...

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Toronto Market Update – January 2024

Posted on Jan 04, 2024



In the wake of a challenging year, the GTA real estate market experienced an 11.5% increase in home sales last month compared to December 2022.

The average home price reached $1,084,692, showing a 3.2% increase from the same time last year as well.


TRREB President Jennifer Pearce attributed the challenges in 2023 to high borrowing costs and unrealist...

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