Tag: ontario

Young couple holding picture frame with house.

Upsizing: Why Couples Are Picking Real Estate Over Weddings

Overview: a look at how COVID has inspired couples to invest their wedding budgets in real estate, whether it’s buying their first home or upsizing to something bigger in the city. Work, travel, school, recreation—COVID has turned every aspect of our lives upside down. Weddings are no exception. Many couples have had to cancel or postpone their big day because…

Chart of February 2021 housing market numbers for Toronto and GTA.

February 2021: Toronto’s Cold Winter & Hot Housing Market

Overview: an analysis of the February 2021 Toronto housing market, including sales, prices, competition, and the ongoing impacts of the COVID-19 pandemic and vaccine rollout. The short answer is no. In fact, despite stay-at-home orders and a brutally cold winter, Toronto’s housing market has been on fire. Sales, listing and average home prices are all up, while competition has been…

Toronto skyline showing 2021 Toronto condo market.

The 2021 Toronto Real Estate Market Forecast

Overview: a forecast of the 2021 Toronto condo market, including the impacts of vaccines, jobs, immigration, rental supply, the freehold market, price predictions and more. Before the pandemic, condo sales were strong, competition was fierce, and prices were soaring. Today, however, condos seem to have fallen out of favour. While freehold properties such as detached homes are seeing a boom…

Photo of syringe and covid 19 vaccines

The Impact of COVID Vaccines on Toronto Real Estate

Overview: a look at the potential impacts of COVID-19 vaccines on Toronto real estate, including buying, selling, renting and more. According to CTV News: Ontario is seeing almost a doubling of the rate of vaccines getting out of freezers and into arms… Just as the pandemic disrupted Toronto’s housing market, vaccines are set to do it once again. Buying, selling,…

Toronto skyline at night from Lake Ontario.

October 2020 Housing Market: GTA Shatters Records

Overview: a look at Toronto’s October 2020 Housing Market, including its transition to a buyers market, house vs condo sales, prices, the impacts of COVID-19, and more. Our last market report ended with the question: what does next month hold for Toronto’s housing market? We now have a definitive answer. According to the latest data, total sales, new listings, and…

View of Toronto skyline from Lake Ontario.

August 2020 Housing Market Report: The Hot Streak Continues

Overview: a look at the GTA’s August 2020 Housing Market numbers, with insights on home prices and listings, detached home vs condo sales, the ongoing impacts of COVID-19, and more. Our last market report examined Toronto’s record recovery and ended with the following statement: If the July 2020 Housing Market numbers have one clear message, it’s that Toronto real estate…

Photo of 6 parmbelle cres, a house with big driveway.

8 Pre-Buying Tips To Find Your Dream Home

Overview: 8 pre-buying tips you can use to find your dream home in a way that’s quick, easy, and safe. Buying a home is probably the biggest investment you’ll make in life. While it can be stressful under normal circumstances, it’s especially challenging during a pandemic. But by following the tips laid out in this blog, you can avoid obstacles,…

MR Jul2020 NoLogo

July 2020 Housing Market: Toronto’s Record Recovery

Overview: an in-depth look at July 2020 Housing Market and the dependability of Toronto real estate, including record-setting home prices, sales and new listings—despite the COVID-19 pandemic. In our 2020 Spring Market Forecast—at the height of the pandemic—we asked a simple question: Is Toronto real estate immune from economic uncertainty and health panics? It turns out the GTA housing market…

How to Buy & Sell Real Estate in the Age of COVID-19

Overview: advice for buying and selling real estate during the COVID-19 crisis, including a look at the tools and strategies realtors can employ to ensure safe, successful transactions. COVID-19 has disrupted everything—from the monumental, such as our jobs and social lives, to the minute, like getting a haircut. Real estate is no exception. On March 21st, The Ontario Real Estate…

2020 Spring Market Forecast: What’s In Store for Toronto?

Overview: an in-depth look at Toronto’s upcoming 2020 spring market, including the impact of the coronavirus and economic uncertainty on buying and selling real estate. In our last spring market blog, we correctly predicted that “Toronto’s housing market is ready for another strong season.” February saw a 16.7% increase in average home prices across the GTA and sales were up…

March 2020 Interest Rate Cuts: Everything You Need To Know

Overview: a look at the Bank of Canada’s March 2020 interest rate cuts and their impact on Toronto’s housing market, including mortgages, buying and selling property, and the future of Toronto real estate. These two cuts, coming within days of each other, mark the biggest rate cuts since 2009—and the first in almost 5 years. Shortly afterwards, Canada’s major banks…