News

Bank of Canada cuts key interest rate to 4.75%

Posted on Jun 05, 2024



The Bank of Canada has cut its overnight rate by 25 basis points, a move not seen since the beginning of the pandemic.

This announcement brings the policy rate down to 4.75 per cent, marking a notable dip from the steady 5 per cent it held since July last year.

Back in March 2022, the bank began raising its key interest rate after larger-than-expecte...

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Toronto Market Update – May 2024

Posted on May 07, 2024



The Toronto housing market saw a dip in sales last month compared to the same period last year, which experienced a temporary surge in activity. However, there was a significant increase in new listings, providing homebuyers with more options and keeping average selling prices relatively stable.

The Toronto Regional Real Estate Board reported 7,114...

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5 Backyard Prepping Tips

Posted on May 02, 2024



With the arrival of longer days and warmer weather, it's time to embrace the great outdoors and breathe new life into your yard. Here's a list of tasks to help you transform your outdoor space into a welcoming retreat.
 

Give Your Lawn Some TLC

 Show your lawn some love by giving it a well-deserved makeover. Tune up your lawnmower, aerate the soil, an...

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Spring Checklist for Homeowners

Posted on May 02, 2024



For many of us, spring means it's time to roll up our sleeves and embark on a spring cleaning journey. Here are eight must-do items to include on your spring home maintenance checklist this year. 

Roof Inspection: Winter weather can take a toll on your roof. Hire a professional to assess any damage such as missing or cracked shingles. Addressing iss...

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What can $1 million buy in Canada?

Posted on Apr 30, 2024



As the real estate markets vary widely across Canadian cities, a $1 million home holds different from region to region. A recent report by Royal LePage delves into what a budget of $1 million can secure in Canada's major housing markets.  

In December 2023, the average home in this price range had 3.2 bedrooms, 2.1 bathrooms, and 1,760 square feet o...

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Toronto Market Update - April 2024

Posted on Apr 11, 2024



The Greater Toronto housing market saw a slight dip in home sales last month compared to last year. Despite this, competition among buyers remained fierce resulting in a moderate increase in average home prices.
 

According to the Toronto Regional Real Estate Board, 6,560 homes were sold last month, marking a 4.5% decrease from the previous year's 6...

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