Archive for December 2020
4 Affordable Ontario Real Estate Markets Ideal for First-Time Homebuyers
While Toronto and the GTA are great places to purchase a home for some, rising real estate prices paired with a lack of spacious options have left many residents looking elsewhere to find their dream property. Thankfully, there are more affordable options in the province’s real estate market than Toronto-area prices show.And sure, Toronto’s rental market…
Read MoreHome sales surge 32.1% in November, cottage country leads in price gains
Canadian home sales rose 32.1 per cent in November compared with the same month last year, matching the record-breaking year-over-year increase seen in October, the Canadian Real Estate Association said on Tuesday. But the real estate association also says home sales edged back 1.6 per cent between October and November, as the market settled into…
Read MoreToronto rent prices are down a whopping 20% since last year
Toronto rent prices are down a whopping 20% since last year Last year at this time, real estate analysts were reporting an eight per cent year-over-year increase in average rent prices across the City of Toronto, causing tenants in rent-controlled pads to further tighten their grips on units that were perhaps too tiny, too crowded,…
Read MoreHas COVID Really Resulted in Toronto Residents Fleeing to the Suburbs?
Fed up with crowds, fearful of elevators and sick of inadequate space for a home office … is the COVID-19 pandemic pushing urbanites to ditch the city for a house in the ‘burbs, or even as far away as cottage country? The latest figures from the Toronto Regional Real Estate Board (TRREB) numbers seem to…
Read MoreWhat to Consider When Buying a Condo in the Time of COVID
What to Consider When Buying a Condo in the Time of COVID The condo market has been on fire in Toronto for years. While the COVID-19 pandemic put an obvious damper on real estate activity, those in the industry are pointing to numbers that show activity has come roaring back after initial lockdowns eased.…
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