Recent Posts
Toronto Resale December and Year-End 2023 Statistics Released
January 21, 2024
While the overall demand for housing remained buoyed by record immigration in 2023, more of this demand was pointed at the rental market. The number of Toronto home sales in 2023 came in at less than 70,000 due to affordability issues brought about by high mortgage rates. High borrowing costs coupled with unrealistic federal mortgage […]
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Toronto’s Luxury Land Transfer Tax Takes Effect on January 1, 2024
December 31, 2023
In September 2023, the City Council of Toronto approved imposing a Luxury Land Transfer Tax, starting January 1, 2024. The City mentioned that the new Land Transfer Tax provisions will help alleviate the City’s existing financial difficulties. This is not an entirely new tax, however, it will result in a higher Land Transfer Tax for […]
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Happy Holidays from Casey Ragan
December 24, 2023
If you want to buy or sell a luxury home in Toronto, contact Casey Ragan at 416-486-5588 or by email at [email protected] Casey Ragan “Toronto’s Luxury Real Estate Authority” Toronto Luxury Homes Like Me on Facebook Follow Me on Twitter
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November 2023 Toronto Resale Market Statistics
December 21, 2023
High borrowing costs and uncertain economic conditions continued to weigh on Toronto home sales in November 2023. Sales were down on a year-over-year basis, while listings were up from last year’s trough in supply. With more choice in the market, selling prices remained basically flat year-over-year. Inflation and elevated borrowing costs have taken their toll […]
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The Benefits of Selling a Home in the Winter
November 18, 2023
Many people assume that selling a home in the winter is not the most ideal, but this perspective overlooks the unique opportunities that the season can bring. Far from being a liability, the winter months offer specific market dynamics that can play to your advantage. Rather than viewing winter as a period to endure or […]
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