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May 2022 Toronto Resale Market Statistics Released June 8, 2022 Toronto housing market conditions continued to evolve in response to higher borrowing costs. Similar to April results, May 2022 sales were down on a monthly and annual basis. Conversely, active listings at the end of May were up on a month-over-month and year-over-year basis. More balanced market conditions have provided buyers with more negotiating power. […] Read More
Renovations That Pay Off on the Resale Market May 11, 2022 If you’re a home-buyer, owner or seller, you’re probably wondering how to maximize your investment. The answer depends on a number of factors, such as market conditions, your current circumstances and long-term goals, but there are some home renovations that pay off on the resale market, whether you’re looking to stay in the home or sell it. […] Read More
April 2022 Resale Market Figures Released May 10, 2022 The Toronto housing market continued its adjustment to higher borrowing costs, with the number of transactions down on a monthly and annual basis. As has been the case with previous rate tightening cycles, some home buyers have moved to the sidelines to determine how they will reposition themselves in the marketplace given the higher rate […] Read More
Canada’s Luxury Home Market is Skyrocketing April 27, 2022 Something interesting happened during the coronavirus pandemic. Many Canadian housing markets are reporting an average sales price of more than $1 million, even if the homes themselves do not look like something you’d typically expect in the luxury home market. Is it time to update the term “luxury real estate”? Perhaps. But the trend also spotlights how […] Read More
How Much Can a Renovation Add to a Home’s Value? April 19, 2022 Spring is right around the corner, and you may be thinking about making some home improvements. You love your home, but perhaps you want something a little bigger, or a little nicer. A renovation can get you there. At the same time, remodelling certain areas of your current home may lead to a higher value when you’re […] Read More
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