Tag: pandemic

August 2022 GTA Toronto Housing Report stats.

August 2022 Market Report: GTA Home Sales & Prices Drop

Overview: a look at the August 2022 housing market numbers for Toronto and the GTA, with a focus on condos, rentals, and the impacts of the latest interest rate hike. The following headlines sum up the August 2022 housing market: Toronto Home Prices Drop 16% in Historic Five-Month Slump —Bloomberg Home prices and sales in August see month-over-month growth for…

June 2022 Housing Market Report for Toronto and GTA.

June 2022 Market Report: GTA Now A Buyer’s Market

Overview: a look at the June 2022 housing market numbers, Toronto’s transition into a buyer’s market, plus advice for buyers and sellers. That’s because, after years of waiting, Toronto has finally become a buyer’s market. In fact, the last time Toronto was in buyer’s market territory was in 2020, but that was short-lived as home sales and prices quickly broke…

February 2022 housing market chart for GTA & Toronto.

February 2022 GTA Housing Market: Sales Dip, Prices Rip

Overview: a look at the February 2022 GTA housing market numbers, with insights on sales, prices, inventory, interest rates & new Shared Equity Program. Like the last few months, February saw falling sales, rising prices and lacklustre listings. However, there are also major changes on the horizon. For instance, interest rates are climbing after being at historic lows since the…

Western Curve Building

How Quayside Will Transform Toronto’s East End

Overview: a look at Quayside, a revolutionary new condo development in Toronto’s East End, and its commitment to sustainable design, affordable housing and more. Almost 2 years after Google’s Sidewalk Labs project was cancelled, a new development is being planned for the Toronto Waterfront: Quayside. While Google’s project is no longer moving forward, many of the core values remain the…

A chart showing the December 2021 GTA Housing Market data.

Record Finish: GTA Home Prices Jump 24.2% In December

Overview: a look at the record-breaking December 2021 GTA housing market numbers, predictions for 2022, and advice for buying and selling in the new year. Despite freezing temperatures, a new variant and ongoing health restrictions, the December 2021 housing market once again broke records. While 2021 was a great year for real estate overall, December did have its highs and…

Nov 2021 Market Report chart.

2021-2022 GTA Housing Market Review & Forecast

Overview: a year-end review of Toronto real estate and predictions for the 2022 GTA housing market.  COVID continued to disrupt our jobs, lives, travel plans and the housing market. However, there were some positive developments, such as the accelerated vaccine rollout starting mid-April. As a result, schools, businesses and borders were able to reopen. The real estate market also benefited.…

Breakfast Television Interview - Wins Lai

My Breakfast Television Interview On Millennial Home Buyers

Overview: my interview with Breakfast Television, with thoughts and insights on the current housing market, plus tips for Millennials looking to buy their first home! I recently sat down for an interview with Breakfast Television. The topic: Millennial homebuyers and the challenges they face. I also shared my thoughts and insights on the current housing market, and offered tips for…

2 young Millennials looking up at condo.

Why Millennials Shouldn’t Wait To Buy A Home

Overview: a look at why Millennials should buy a home now—before prices rise and competition heats up. A Quarter Of Canadians Aged 25 To 35 Bought Real Estate During The Pandemic That headline from Better Dwelling provides a clear answer. Homeownership isn’t just some far off dream for most Millennials—it’s an everyday reality. In fact, a recent survey finds that…