Recent Posts
February 2023 Toronto Resale Market Statistics Released
March 26, 2023
February sales in Toronto were down substantially from the pre-rate hike levels of early 2022. However, the number of new listings also dropped substantially year-over-year. The result was that the average selling price and MLS® HPI continued to level off after trending lower through the spring and summer of last year. It has been almost […]
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Tips For Buying A Toronto Luxury Home
February 10, 2023
Toronto luxury real estate is highly coveted, but is only attainable by the lucky few who can afford such extravagance. Many high-end buyers are seeking out much more than just a home, they’re seeking out the best of the best when it comes to features and amenities. Purchasing such a grand piece of real estate […]
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Resale Market Statistics Released for January 2023
February 3, 2023
As we moved from 2022 into 2023, the Toronto luxury housing market unfolded as expected. The number of January sales and the overall average selling price were similar to December 2022. On a year-over-year basis, both sales and prices were down markedly, continuing to highlight the impact of higher borrowing costs on affordability over the […]
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The Difference Between Being Pre-Qualified and Pre-Approved
February 2, 2023
Purchasing a home can be confusing with all the different terms and requirements. Two steps involved in the mortgage process are pre-qualification and pre-approval. But what’s the difference between being pre-qualified and pre-approved? Prospective homebuyers should consider getting pre-qualification at the onset of their home-buying process. It allows them to consider their budget and gain […]
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5 Reasons Toronto Luxury Homes Don’t Sell
February 1, 2023
Most Toronto luxury home sellers have two main objectives: to sell quickly and for the highest price. The beauty of owning Toronto luxury real estate (whether it’s a principal residence or an investment property) is that historically, it has yielded solid returns to Torontonians who are in it for the long haul. Indeed, equity gains […]
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