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...
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...