We have all heard the headlines that we are currently in a real estate bubble but we have been reading these headlines for over 20 years.  There are skeptics that like to embrace these headlines but there are also investors in those 20 years that have counted their blessings, that they invested.   Toronto continues to evolve and is recognized as a world-class city, joining the rank...Read More

You probably spent quite a bit of time upfront determining how much you can afford and how much money you will need for the down payment and deposit.  But don’t forget that when your offer gets accepted on that perfect home you will need to also budget for closing costs on closing day.  The guidance on what to budget for in Ontario is anywhere between 1.5% - 4% of the purchase pric...Read More

Buying a first home is a very exciting time but can also be a time of uncertainty and stress.  Buying a first home is a huge milestone both from a life and financial perspective.  It will most likely be the biggest purchase that you will make in your life but also one of the best decisions in the long run.   Having a good understanding of what to do to get ready will ...Read More

The Toronto Real Estate Area (GTA) experienced the second-highest home sales level on record for the month of October.  The number of new listings is not keeping up with sales and as a result, putting upward pressure on sale prices.  The number of new listings was down 34.1% in comparison to October 2020.  Hence, we continued to experience aggressive bidding wars for many homes.&nb...Read More

  It is true that homes that are in pristine condition tend to sell quicker and for a higher price but we are in a sellers’ market.  The inventory of houses for sale is at an all-time low and there are many buyers still looking to buy a home.  Investing in improving your home’s condition does not always mean it will sell for more.  You may not end up recouping you...Read More

  The Greater Toronto Area is not seeing any signs of the real estate market slowing down.  The month of September is the transition month from the slower summer market to the busier fall market. Every year we see a jump in sales, average sale price, and listings after the Labour Day weekend, and this year September was no different.  Sales increased in comparison to August and thi...Read More

  The Preconstruction Market for condos in the Greater Toronto Area is one of the leading markets in North America.  The market slowed down in the earlier part of the pandemic but is once again on fire.  Immigration will continue to place pressure on housing prices with increased demand and a continued shortage of housing to meet demand. Whether you’re an experienced real es...Read More

Are you getting ready to sell your home?   Selling a home (even in a seller’s market) requires planning and some work.  Just planting a sign on your lawn and uploading some random pictures will not get it sold quickly and for top dollar.  Getting the most cash in your hands will require some time to prep and even rolling up your sleeves and getting the work done. But it will a...Read More

Spring and the summer are usually the most popular times of year for buyers to start their search for that dream home.  As you have most definitely heard the number of homes listed through the months of July and August dramatically declined this year which is very normal even more so this year as buyers and families started to enjoy the summer after being locked down in the spring. But now ...Read More

The Toronto Real Estate Board reported that August 2021 was the third-best sales record for the month of August.  Sales volumes have definitely slowed down compared to the earlier part of this year which is completely normal (the real estate market has historically always slowed down in July and August with the exception of 2020 due to the pandemic and a non-existent spring market). ...Read More