Blog

The Covid-19 pandemic housing boom seems to be coming to a stop. Mortgage rates have almost doubled since the beginning of the year, pricing buyers out of the market. Not to mention prices that are just not attainable for most buyers.   With the word recession looming...

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...