If you blinked you would have missed it. The housing market was on fire in February with houses on the mls (multiple listing service) seeing record price increases. Home buyers were lined up down the street to get a showing. Open houses were bursting at the...
Don’t look now, but what has happened to the real estate market? Only weeks ago, it was pandemonium for buyers trying to lock in a home purchase before the seasonally adjusted craziness of the spring market. Bidding wars saw dozens of offers. Homeowners vacated to...
Interest rates and real estate go together like mashed potatoes and gravy. As a long-time barometer of housing prices, interest rates are a key indicator of determining whether housing prices will go up or down. Simply put, if rates go down, the cost to borrow money...
When the pandemic hit in early 2020, the real estate market came to a screeching halt. Buyer showings were non-existent and For Sale signs loomed on lawns like a tumbleweed blowing down a deserted street in a scene from an old Western. If you were...
Spring housing market poised for continued price growth following double-digit gains in fourth quarter The following are the fourth quarter highlights condensed from the Royal LePage House Price Survey: The aggregate price of a home in the Greater Toronto Area increased 17.3 per cent year-over-year, to $1,119,800,...
December marked the end of a strong seller’s market year in the Greater Toronto Area, with demand consistently outstripping supply. We reached historic records in the GTA for the number of sold homes and average sold prices. A total of 121,712 sales were reported this...
Can you imagine a day when you can put on a pair of glasses, anywhere in the world, and do a virtual walkthrough of a home? No, I’m not talking about a virtual tour. I’m talking about the ability to open cupboards. Take a look...
There has probably never been a time in our lives when we've depended on our homes more than we do today. During the un-imaginable realities of today, our homes have become everything to us: our children's classrooms, our offices, our movie theatres and our gyms. That has...
About Lorne Park: A Real Estate Guide of The Neighbourhood Prestigious, desirable, and family-friendly are some terms that come to mind when anyone brings up Lorne Park real estate. And for good reason! Keen to learn more about what this suburban residential neighbourhood has to offer? Read...
With over 95,000 home sales, the GTA real estate market had its third strongest year on record in 2020. This represents an 8.4% increase over 2019 results despite coming to a near-standstill last spring. December 2020 sales were up a remarkable 65% from...