Soctiabank’s recent housing report titled “All we want for Christmas is more supply” describes the state of the housing market in a very timely and accurate way! It’s been another incredible year in real estate but the story is not much different: heightened demand and limited supply, increases prices. Politicians continue to focus on the demand side of the equation as the real challenge lays on the supply side: housing shortage and an affordability crisis as population continues to grow at a rapid pace. Here’s a look at both the demand and supply sides and how we got to where we are today.
Read MoreKingston real estate is among the hottest in Canada today. A blend of strengthening demand, tightening supply, historically low interest rates, and changing homebuyer trends have led to one of the most prosperous periods for both Kingston and the broader Ontario real estate markets.
Read MoreOne of the fastest growing cities in Canada, Vaughan sits just North of Toronto in the regional municipality of York Region, and is part of the Greater Toronto Area (GTA). Due to its location, it has long been considered a suburb of Toronto however massive expansion and regional development over recent years has earned it the reputation of “The New City Centre”.
Read MoreHere is what you need to know about the Land Transfer Tax, a one-time fee on a home purchase in Ontario. Learn more here.
Read MoreBuying a condo is a lifestyle choice and it's important to think carefully about condo living, stack up the pros and cons and have a good understanding of the “condo experience” before you sign on any dotted lines. Having worked with many condo buyers, sellers and investors we have put together a list 8 considerations that we believe are important when looking at buying condos.
Read MoreToronto’s fall real estate market signals a return to its pre-pandemic norm — with higher prices. The lack of listings means buyers will still face stiff competition. The rental market makes a strong recovery as office workers & students return.
Read MoreLast year, in the thick of the pandemic we saw a 22% increase year-over-year of new condominium sales in the GTA to 6,386 units, reaching a record high for third quarter activity. Investors remained confident about the Toronto new condo market and a year later the confidence and demand is stronger.
Read MoreRemember when people said downtown is dead and no one will ever return? That did not turn out to be exactly true. Toronto vacancy rate declines to 3% in Q3-2021 and record number of condo lease activity was also recorded in Q3-2021. The downtown, it's very much back!
Read MoreBy law, all new homes built in Ontario are provided with a warranty by the builder. Tarion’s role is to ensure that buyers of newly-built homes in Ontario receive the coverage they are entitled to under their builder’s warranty.
Read MorePDI is the stage where you get to inspect your newly finished home for the first time before occupancy. In this article, we’ll discuss the basics of a pre-delivery inspection. So, keep it here.
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