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 […]
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 […]
4 Signs You Should Sell Your Home
Whether you’ve outgrown your house or don’t want to deal with the hassle of home maintenance, selling your home can be a difficult and daunting task for many homeowners. It isn’t easy to determine the right time to sell your home. However, there are a few signs you can watch out for to learn whether […]
March Real Estate Market Watch
There were almost 11,000 Greater Toronto Area (GTA) home sales reported in March 2022, capping off the third-best March and second-best first quarter on record. Tight market conditions continued to support a double-digit annual pace of price growth, with an average selling price of $1.3 million. The average selling price dipped slightly month-over-month, bucking the […]
Newsletter March – April 2022
Strong Sales for February
February home sales were down compared to the all-time record in 2021, but represented the second-best result for the month of February in history. New listings dropped, but by a marginally lesser annual rate than sales, pointing to a modest move to a slightly more balanced market. Competition between buyers, however, remained tight enough to […]
New Year, New You, New Home
The new year is the perfect time to decide whether to upgrade or downsize your home. As a leading realtor in our beautiful region, John Burdi can help folks with all home buying and selling needs. Here are some things to reflect on when pondering about moving on to a new home in 2022. ASSESS […]