Category: Uncategorized
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GTA Pre-Construction Investment Trends | Watch Today’s Real Estate Updates & Tips
Master-planned communities, combining residential units with commercial spaces and parks, attract diverse residents and investors. Infrastructure improvements and affordability in Scarborough and North York position them as key growth markets.
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Más de 1 millón de hipotecas canadienses se renovarán en 2025. ¿Es su hogar en Ontario uno de ellos?
A medida que se acerca el Año Nuevo, 1.2 millones de titulares de hipotecas en Canadá están listos para renovar sus préstamos hipotecarios, con el 85% de estas hipotecas firmadas cuando las tasas de interés estaban en o por debajo del uno por ciento. Muchos propietarios enfrentarán tasas significativamente más altas, lo que genera preocupaciones…
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Toronto’s Condo Market: A 40-Year Evolution | Watch Today’s Real Estate Updates & Tips
Toronto’s condo market has seen significant growth since the 1980s, with over 500 towers expected by 2030. Condo prices in Toronto average C$707,917 (US$509,215) in 2024, making it Canada’s second-most expensive market.
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Toronto’s real estate market sees strongest monthly sales growth since December 2023
Home sales in the Greater Toronto Area (GTA) surged by 14% in October, marking the strongest monthly increase since December 2023, with 6,390 units sold. The average home price rose by 1.5% to CAD 1.13 million, the highest monthly increase since June. However, new property listings fell by 6.8%, attributed to high-interest rates. The Bank…
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Underbidding Dominates GTA Market in Early-Q4 | Watch Today’s Real Estate Updates & Tips
In October 2024, 70% of homes in the GTA sold for below their list price. Despite increased sales, overbidding activity remains low across the Greater Toronto Area.
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Aquí está cuánto se espera que suban los precios de las viviendas en Ontario en 2025
A pesar del escepticismo sobre una rápida recuperación del mercado inmobiliario en Canadá, RE/MAX Canada pronostica un panorama positivo para 2025, prediciendo un aumento del 5% en los precios promedio y un incremento del 25% en las transacciones, especialmente en Ontario. Se espera que el Condado de Simcoe vea la actividad más significativa, con un…
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Tax Relief Needed for Toronto Home Buyers | Watch Today’s Real Estate Updates & Tips
GTA residents face high taxes, totalling over $200K on the avg home purchase. Proposed tax cuts, like removing GST on homes under $1M, could save buyers $40K.
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Ontario’s New Rules Threaten City Planning Stability | Watch Today’s Real Estate Updates & Tips
Ontario cities fear new provincial rules allowing individual development applications could undermine long-term urban planning. The provincial planning statement mandates cities to evaluate ad hoc applications, increasing administrative costs and appeals.
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GTA Home Sales Soar 44% in Early-Q4 | Watch Today’s Real Estate Updates & Tips
In October, home sales in the Greater Toronto Area surged by 44.4% year-over-year, with 6,658 transactions. Toronto saw 2,509 home sales, a 37.6% increase, while other GTA areas rose by 48.9% to 4,149 sales.
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Toronto To See Taller Buildings Once New Zoning Policy Is Introduced
Toronto may see taller buildings along its busiest streets as a new policy for as-of-right zoning for mid-rise buildings is set for discussion at a City Council meeting. If approved, this policy would allow buildings up to 11 storeys on designated Avenues, addressing the ongoing housing crisis. The City aims to update zoning permissions to…