Strong Sales Surge and Market Tightening Pave the Way for Spring Optimism – Jan 2024 TRREB Market Update

Dive into TRREB’s comprehensive market update, exploring the dynamics of GTA real estate in 2023, with a keen eye on anticipated shifts in 2024

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Charting the Path Ahead: TRREB Market Update Chronicles GTA Real Estate from 2023 to the Anticipated Shifts in 2024

Dive into TRREB’s comprehensive market update, exploring the dynamics of GTA real estate in 2023, with a keen eye on anticipated shifts in 2024

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Navigating Affordability, Listings Surge, and Future Harmonies – TRREB Market Update November 2023

Explore the November 2023 GTA real estate landscape: Affordability challenges, listing surges, and future projections. Dive into the trends now!

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Albert and Candice

We’re immensely grateful to Opel for her invaluable assistance in preparing all the necessary documents for our rental as newcomers to Canada. Her proactive advice, including suggesting the Hong Kong copy, truly made a significant difference. Opel’s unwavering dedication and professionalism, coupled with her ‘client-first’ attitude, show her willingness to follow up any urgent rearrangement,… Read More

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TRREB Report September 2023: Impact of High Interest Rates on the GTA Housing Market

Stay updated on the GTA housing market with TRREB’s September report, covering challenges, future prospects, available listings, and vital insights for first-time buyers.

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GTA Real Estate Market More Balanced in July 2023 – TRREB Market Update

The July 2023 housing market report reveals a remarkable surge in home sales and new listings, bringing a much-needed balance to the Greater Toronto Area’s real estate landscape.

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Housing Surge & Inflation Shift: Implications for the Housing Market – June 2023

Discover the Canadian housing surge and inflation shift’s impact. Gain insights into housing starts and inflation’s implications for the real estate market in June 2023. Stay informed on the dynamic landscape of Canadian housing.

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June 2023 Strength and Challenges in GTA Home Sales and Average Selling Price – TRREB Market Update

In June 2023, home sales and average selling prices in the Greater Toronto Area (GTA) remained strong, surpassing last year’s levels. However, seasonally adjusted sales saw a slight decline compared to the previous month. Despite higher borrowing costs, the demand for homeownership remained robust. Limited inventory affected sales, and the average selling price increased by 3.2%. The GTA’s real estate market faces challenges in housing supply and affordability, necessitating immediate action from government leaders to rectify the crisis.

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Bank of Canada Raises Rates again for Price Stability

Bank of Canada keeps key rate steady On March 8, 2023 after eight hikes, citing tight labor market and high inflation. Economists watching indicators for rate cut. Is it too early to be optimistic?

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Strong Demand and Supply Shortage Drive GTA Housing Market – TRREB May 2023 Market Update

The Greater Toronto Area (GTA) housing market experienced robust sales growth in May 2023, driven by high demand. However, the limited supply of homes for sale led to increased competition and soaring prices, highlighting the need for addressing the ongoing supply shortage. Let’s dive deeper into TRREB’s May 2023 Market Update in this post.

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Bilfred, Jacob and Ken

We would like to express our sincere appreciation for Opel. Opel’s knowledge, professionalism, and helpfulness made our condo search a breeze. Despite the challenge of finding a condo for three people, Opel managed to call more than 50 listing agents! She made communication between us and the landlords easy, handling all the necessary paperwork promptly.We highly… Read More

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Expanding Housing Options in Toronto: Multiplexes for a Growing City

Toronto, the dynamic and rapidly growing city, continues to attract newcomers seeking opportunities and a vibrant urban lifestyle. With an estimated 700,000 new residents expected by 2051, it is crucial to address the housing needs of both current and future Torontonians. To cater to the diverse household sizes and compositions across the city, Toronto must offer a range of housing options. Unfortunately, while the housing market has seen substantial growth in mid- and high-rise apartment buildings concentrated in densely populated areas, the supply of low-rise housing, particularly multiplexes, has lagged behind demand. However, a recent development suggests positive changes on the horizon.

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Impact of Housing Starts on Prices: April 2023 Highlights

April 2023 housing starts in Canada: 240,403 units, slight decline in overall trend, growth in Vancouver (36%), Toronto (54%), Montréal (43%), multi-unit starts offsetting declines in single-detached starts. Total SAAR at 261,559 units, urban starts up 26%, multi-unit starts up 33%, rural starts estimated at 19,974 units.

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How a Pre-Approval Mortgage Can Help Buyers in a Tight Real Estate Market

If you’re in the market for buying a home in Ontario as a first-time home buyer, having a pre-approval mortgage can significantly increase your chances of winning in a multiple offers situation on your desirable home. It can also help you determine your budget and save time in the buying process

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Angus Glen South Village Towns and Singles Pre-Construction Project in Markham

Angus Glen South Village Pre-construction Project is a new wellness-inspired master-planned community in Markham, offering a convenient, healthy, and fulfilling lifestyle. The community’s commitment to wellness is reflected in building features that support a wellness home, premium amenities.

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