TRREB reports tighter market conditions and increased competition among buyers in the Greater Toronto Area (GTA), leading to higher average sale prices in March 2023.
The Bank of Canada’s decision not to raise interest rates diverges from the US Federal Reserve’s continuous hikes. This may impact the rental market and ease rent prices, but supply shortages will still prevail. Rising interest rates in the US, compared to shorter-term mortgages in Canada, may impact the Canadian economy and inflation, leading to a weaker Canadian dollar.
Toronto’s February 2023 sales report shows a 47% decline in sales but stable prices. Increased buying intentions and a new housing initiative may support future growth.
Toronto’s real estate market has been on a wild ride in recent years, with the COVID-19 pandemic causing a slowdown in sales and fluctuation in prices. However, despite the challenges, the market has remained relatively resilient.
Are you trying to decide between buying or renting a home? This blog post dives into some key factors to consider, such as your financial situation, long-term plans, and the housing market in your area.
We bought our second condo through Opel and had a great experience overall. Opel was very proactive, knowledgeable and always went the extra mile to help us throughout the process. She was also very accommodating, responsive, and always on time! Overall, Opel is a true gem and we (have already) and will continue to recommend… Read More
Opel has been a fantastic real estate agent to work with. During our almost-three-month apartment hunt, she has always been professional and patient, while providing copious advice and guidance. Searching for a condo in downtown Toronto is tough in itself, and with the long checklist of requirements that we had, Opel was always patient and… Read More
We first met Opel in 2018 when we were looking to upsize from our condo to a townhouse. Even though she was just starting her real estate career at the time, we quickly learned that it was the right decision to put our trust in her. Opel was extremely diligent and worked hard to get… Read More
It is more than words I can express my appreciation and satisfaction. Being a first time home buyer can be stressful, but Opel made it worry-free for me. She explains how-and-why with details and in depth, guides me step by step before every stages of processing, and also provides me an overall map about my… Read More
I am so glad I contacted Opel because everything went so smoothly. I worked with Opel about 10 years ago, and I reached out to her to help me purchase my first home because I remembered her as honest and trustworthy. As a first time home buyer, I was very nervous and unfamiliar with the… Read More
Dear Opel, Adrian and I love our first home! We cannot thank you enough for your hard work and dedication to help us turn our dream of being home owners into reality. You were always organized, punctual and prepared with hand sanitizer! When it came time to close the deal, you acted quickly and advocated… Read More
From our first meeting with Opel, we felt very comfortable with her. She was professional and helpful, understanding our needs as well as answering questions we had. Opel made the process easy and had our best interests at heart.
I’ve known Opel for over 10 years and within these years, I can attest that she’s a person with great ethics both professional and personal. With her upbeat personality, she can easily be influential and motivating for those who need a dose of energy and positivity. She is an absolute hands-on problem solver. Always caring… Read More
Opel was a great agent to work with- very prompt, energetic and professional. We saw TONS of houses (sometimes more than once), she kept her patience and made the whole process very enjoyable and informative. Being a first time home buyer, we needed a little more help than others, she went above and beyond for… Read More
My friend who was an agent referred Opel to me to help me with leasing my condo. At first I felt unsure because I did not know her. But right after our first meeting, I knew Opel is the right person for the job. She helped me chose a great tenant, checked references and verified… Read More