Category: Uncategorized
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Happy Women’s Day | Watch Today’s Real Estate Updates & Tips
International Women's Day, also known as IWD for short, grew out of the labour movement to become a recognized annual event by the UN.It all started in 1908 when 15K women marched through NYC demanding shorter working hours, better pay and the right to vote. Things were made official in 1975 when the United Nations…
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GTHA Condo Sales Plummet 64% | Watch Today’s Real Estate Updates & Tips
New condo sales in GTHA dropped 64% at the end of 2024, marking the lowest sales since 1996. Investor challenges, including negative cash flow and financing difficulties, contribute to the ongoing market decline.
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Toronto Office and Industrial Real Estate: Q4 2024 Market Trends and Outlook
The Toronto real estate market is experiencing notable shifts, with the suburban office sector achieving its first annual net absorption gain since 2019, despite a stable overall vacancy rate of 20.7%. The downtown market, however, saw vacancy rates rise to 18.5%, influenced by new unoccupied office spaces. The industrial sector faced increased availability due to…
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Get Your House Market-Ready | Watch Today’s Real Estate Updates & Tips
Consult a REALTOR®: A local agent helps price your home correctly and attract potential buyers. Complete Repairs: Fix any outstanding issues, like leaky faucets or worn-out flooring, for a polished look.
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Necesitamos un Nuevo Plan para Construir Más Viviendas Asequibles en Ontario
Ontario enfrenta una escasez de viviendas, necesitando 1.5 millones de hogares para 2031. El enfoque actual en la expansión urbana está obstaculizando el desarrollo de viviendas, aumentando la dependencia del automóvil y amenazando el Greenbelt y las tierras agrícolas. Para abordar esto, el próximo gobierno debería priorizar la vivienda de altura media en vecindarios existentes,…
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High Supply Drives GTA Condo Price Declines | Watch Today’s Real Estate Updates & Tips
High condo supply in the GTA has allowed buyers to negotiate lower prices. In December 2024, 80% of condos in the GTA sold below the asking price.
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Home buying competition starts in these Greater Toronto Area neighbourhoods
The Greater Toronto Area (GTA) real estate market is experiencing increased activity, with new listings in Mississauga rising by 158.9% last month. In January, 22% of sold listings went for over the list price, while 74% sold for below asking. Overall, 11% of GTA neighbourhoods were in overbidding territory, an increase from December 2024. Despite…
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Toronto Boosts Homeownership Aid for Higher Earners | Watch Today’s Real Estate Updates & Tips
Toronto expands support for higher-income earners, enabling families earning up to $160,000 to access homeownership aid. The Home Ownership Assistance Program (HOAP) eligibility now includes households in the 80th income percentile, up from 60th.
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GTA Real Estate Set for Competitive Market in 2025 | Watch Today’s Real Estate Updates & Tips
Greater Toronto Area prices expected to ↑ 5% by Q4 2025 compared to the previous year. Real Estate demand is forecast to grow, with faster home sales and decreased market time in 2025.
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New Toronto Short-Term Rental Bylaws Take Effect | Watch Today’s Real Estate Updates & Tips
Since January 1, hosts must choose between registering as an entire-unit or partial-unit short-term rental operator. The registration and renewal fee for short-term rental operators will increase to $375.