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The Toronto Regional Real Estate Board (TRREB) commends the Office of the Superintendent of Financial Institutions (OSFI) for its recent decision to eliminate the mortgage stress test requirement for uninsured borrowers switching lenders at renewal. This change is a significant step forward in ensuring that all Canadian homeowners, regardless of whether their mortgages are insured or uninsured, have access to competitive mortgage products and rates. By removing this barrier, OSFI has levelled... [read more]

Selling your house can be an overwhelming experience with everything else you’ve got going on in your life, but don’t worry, we’ve got you covered. Here are 9 things you’ll want to do before listing your house to make sure it sells quickly! 1. Find a great real estate agent Resist the urge to sell your house yourself -  it’s a recipe for disaster and can lead to sacrifice of time and money. Leave it to the experts! Hire an agent you are... [read more]

Community Real Estate Value Trends – Sales up over 20%! 1st Quarter 2020 to 1st Quarter 2021      2020 2021 Percentage Change Homes Sold 88 211 + 139.8 % Average Selling Price $901,500 $1,105,000 + 22.6 % Percentage of List... [read more]

All our listings now include the Matterport 3D data platform to virtually showcase your property.  This allows potential buyers to view your space from multiple angles and to get accurate measurements. It includes: Inside view Dollhouse view Floor Plan view Measurement tool   Contact us for details    [read more]

In the GTA, new listings declined sharply, resulting in the fewest homes available for sale in 12 years(as per CREA report). Sales in Toronto dropped 3% in December, with new listings down 5.7%         [read more]

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October Sales Prices rose 5.5% in the GTA year over year. Condo sales rose even higher at 9.6%. Sales rose 14% as the number of new listings continued to trend downward, falling 9.6% year over year, according to the Toronto Real Estate Board(TREB). [read more]

Canada's national housing agency is forecasting Toronto-region home prices to rebound in the next 2 years by as much as 10.5%  They cite the main reasons as continued low mortgage rates through 2021, high employment and the influx of immigrants and migration from other provinces. [read more]

Here's why Beachers love it here: A relaxing stroll along the beach or the boardwalk is mere steps away You can leave your car at home because tons of shops on Queen Street are within walking distance It’s a pet-friendly neighbourhood with several off-leash areas along Lake Ontario It’s a short streetcar ride or 15-minute cab or uber ride to downtown Find out why else Beachers love The Beach and see current listings. Want to hear more from... [read more]

Have we bottomed out?????? I’m thinking so. Prices still down and sales significantly down year to year, but prices have increased from February to March of this year 8.3% on average. Good sign. Let’s see what April does.(Based on detached homes in reporting GTA areas) Great time to buy before prices rise! If you’re thinking of selling it’s time! [read more]

An analysis by Zoocasa reports more neighbourhoods in the 416 have become Buyer’s markets at the start of this year compared to the same period last year. Buyer’s markets increased from 5 to 11; Seller’s markets decreased from 17 to 9.”                                   Sales to New Listings   Buyer’s... [read more]

In the unfortunate circumstance that a homeowner is past-due on their monthly mortgage payments, they pave the way for a “foreclosure” on their property. In today’s market, banks and other lenders do not turn to foreclosure to take away the homes of homeowners who are in arrears. Instead, they perform a "Power of Sale" which is wholly different from a Foreclosure. What is a Foreclosure? Foreclosures are laborious, grueling, and costly to both the... [read more]