Tag: ontario

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…

GTA Housing Market Report: November 2019

Overview: a look at the November 2019 GTA Housing Market Report, including sales figures, price changes, house and condo sales, the new sellers’ market, and the overall state of the GTA real estate market. The November 2019 GTA Market Report is in, and like last month’s report, the numbers are very optimistic. Once again, the GTA housing market is on…

Top 3 Mistakes Sellers Make When Hiring A Realtor

When it comes to selling your home, hiring a realtor with the lowest fees isn’t always the best option. In fact, there are several other factors to consider, including experience, regional knowledge, marketing budget, and pricing strategy. Let’s look at the top 3 mistakes most sellers make when hiring an agent. Mistake #1: Hiring a realtor with the lowest commission…

Fixed Vs Variable Mortgages: Everything You Need To Know

Variable or Fixed Mortgage – Which Is Better? Since July 2017, the Bank of Canada has raised its key overnight rate four times. It currently stands at 1.5%, while the prime lending rate of big commercial banks is 3.70%. This has left many homeowners wondering which is better: fixed or variable mortgages? Furthermore, what are the benefits of mortgage insurance?…

Toronto Waterfront: A Profile of Toronto Neighborhoods

Toronto Waterfront – An Overview Did you know Ontario means “beautiful lake” in Iroquois? In fact, the province is named after Lake Ontario, with the Waterfront occupying 46 of its 1,020 km shoreline. This is where you’ll find sandy beaches, lush greenery, fashionable restaurants, and luxurious condos offering gorgeous lakeside views. And there’s always something to do, whether it’s hiking, relaxing…

Downtown Toronto’s Condo Market – Spring 2018 Overview

Spring Thaw After months of cold weather and cool sales, Toronto’s housing market is once again heating up—just in time for spring. Properties in the downtown area are seeing an uptick in offers, while demand for GTA real estate keeps growing. According to The Star, “the real estate industry is finally predicting a return to a traditionally brisk spring.” In…