Supply Remains an Issue Despite Impact of Higher Mortgage Rates
TRREB Calls on Municipal Election Candidates to Remain Focused on Addressing Housing Affordability TORONTO, ONTARIO, October 5, 2022 –The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs in September 2022. Sales for the month reached 5,038, but were down by 44.1% compared to September 2021. New listings were also down on […]
What Does the Housing Market Look Like for Fall 2022?
Like most of Canada, the Ontario housing market is currently dealing with rising interest rates and a lack of demand for houses. At the same time, people in Ontario, especially in the Greater Toronto Area (GTA), are getting out and shopping around for housing. The market is still thriving, albeit at a slightly lower rate […]
Newsletter September – October 2022
Top Tips to Sell Your Home in a Balanced Market
Selling your home in a balanced market is no easy feat. Since the buyer demand almost matches the number of homes for sale, there are so many things to consider. The competition levels are high and one false step can mean that you end up not making as much as you could. Here are a […]
How Staging Your Home Can Increase the Sale Price
Are you looking to sell your home? If that is the case, staging your home can help increase its sale price and value. Staging refers to furnishing or decorating a home in order to make it more appealing to prospective buyers. However, it involves more than just placing furniture across the house to make it […]
Renting vs. Owning a Home: Can You Afford It?
Owning a home is a huge part of so many people’s dreams. Everyone looks forward to returning to a place that represents who they are. Whether to buy or rent, though, depends entirely on personal needs, lifestyle, and status. It is easier for an individual living alone to rent because they are more likely to […]
Market Continues to Balance Out as Borrowing Costs Trend Higher Toronto, Ontario – June 3, 2022
Greater Toronto Area (GTA) housing market conditions continued to evolve in response to higher borrowing costs. Similar to April results, May 2022 sales were down on a monthly and annual basis. Conversely, active listings at the end of May were up on a month-over-month and year-over-year basis. More balanced market conditions have provided buyers with […]
Radical (and Reasonable) Renovations
Wouldn’t it be wonderful to spruce up your home? Even if you adore your home, there will always be an area that you feel needs a little more attention. The dining room perhaps feels disorganized. Or maybe the kitchen island you installed with all the zeal isn’t used anymore. Whether you want to boost the […]
Newsletter April – May 2022
5 Things to Do Before Listing Your Property for Sale
So you’ve decided to sell your house, but don’t know how to start? A simple internet search will give you multiple must-dos, and it’s easy to get overwhelmed. The best approach is to prioritize activities that maximize the value of your property. It is also vital to consider all the legal steps you’ll have to […]
