Category: Uncategorized

Sellers can negotiate more effectively due to increased listings and lower prices. Choosing properties depends on location, schools, and specific housing preferences. Market conditions improved from April’s 28% sales-to-new-listings ratio to under 40%. Selling low-rise homes to move into high-rise condos offers strategic opportunities. Confidence is returning as past interest rate cuts attract more buyers.

Start by getting pre-approved to show affordability—credit score >720 boosts your mortgage options significantly. Compare mortgage options, including government programs and incentives like $5K tax credit or $60K RRSP withdrawals.

Slide 1 🏦 BoC signals housing demand now directly affects inflation decisions. Slide 2 📉 BoC stresses 2% inflation target; housing now central to monetary policy decisions. Slide 3 ⚖️ Monetary policy shapes demand, while housing supply remains government’s responsibility. Slide 4 📈 Past rate cuts drove a 40% national housing surge. Slide 5 🔍…

Home equity loans (HELs) offer fixed rates and payments, but your home is collateral. HELs can fund upgrades like ADUs, enabling rental income to offset mortgage payments. HELOCs provide flexible, revolving credit; rates float with interest rates, currently ~8-9%. Refinancing or second-position liens are alternatives, but risk foreclosure if you default. Selling your home can…

Sales expected to increase as confidence returns and interest rates stabilize. Prices to rise slowly, driven by strong demand and limited new supply. Delayed condo projects may restart, especially near transit hubs. Rent growth continues, but at a slower pace due to increased completions. Foreign investor interest likely to return as market stabilizes.

Check builder licensing first using the Ontario Builder Directory before buying any new home. HCRA-licensed builders meet ethical, competence, and financial standards for safe, reliable construction. Licensed builders enroll homes in Ontario’s new home warranty program, providing protection up to seven years. Unlicensed builders pose risks like poor construction, legal issues, and limited recourse for…

Slide 1: GTA home sales spiked 17.3% since April, fuelling Canada’s housing growth. Slide 2: Despite gains, sales remain below historical averages — the market is stabilizing. Slide 3: Summer prices stayed steady in the GTA, offering some relief to buyers. Slide 4: Higher activity is driving competition, but tariff threats still linger over imports.…

Provide a comprehensive disclosure package before listing: Include seller disclosures, inspections, HOA documents, and a FAQ to inform buyers upfront.Promote open house opportunities: Utilize MLS tools to list open house dates and times, making it easier for buyers to attend.