Will Ontario House Prices Decrease In 2023?
Tags: real estate
In the past couple of years, the Canadian real estate market has seen a dramatic rise in housing, this can be shown by the average house price being just under $600,000 and then growing to above $800,000 in September 2021. ? The high-interest rates have heavily affected the number of homes sold, with the interest rate being increased to 4.25% in December 2022. Across Canada, the average ...Read More
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Market Update
Tags: Toronto, Market update, interest rates, Vaughan
2022 was a pretty crazy year when it came to real estate, with a 12% drop year over year which is around a $142,000 price difference since 2021. Let's take a look at the market change from year over year and month over month for what's coming in 2023. Home sales have dropped 48.2% from last december with a drop of 21.3% in new listings. The average price sinc...Read More
5 Bedroom Trends In 2023
Tags: bedroom designs interior design real estate realtors 2023 trends trending homes
5 BEDROOM TRENDS IN 2023 Let’s be real, your bedroom should be a mini getaway! A home away from home when the kids are too loud and you just need to lay down. Why not surround yourself in a space that you love? With the new year in full gear, let’s look at 5 bedroom trends that will be staying in 2023. 1. WARM, EARTHY TONES AND COLOURS Surrounding your space wi...Read More
5 Kitchen Trends In 2023
Tags: kitchen trends home decor interior design decorating real estate agent realtor life investments realtors
5 KITCHEN TRENDS YOU’RE GOING TO WANT TO TRY IN 2023 The new year is officially here! Let me guess, you’re tired of hearing the same old cliché, ‘new year, new me’. What if we changed that to, ‘new year, new kitchen’. Here are 5 of the hottest trends you’re going to want to consider for your kitchen in 2023. 1. REVAM...Read More
Interest Rate Update - December
Tags: Interest Rate
On December 7th 2022, The Bank of Canada raised their interest rate by 0.50% to 4.25%, with the bank rate at 4.5% and deposit rate at 4.25%. The Bank also stated that they are continuing the policy of quantitative tightening. The GDP growth in Canada has been stronger than expected and the economy still continued to operate in excess demand. The labour market still remains tight, with un...Read More
Luxury Homes In Toronto
Tags: Toronto
Making a purchase on any type of home in Toronto is becoming a luxury more and more everyday, wtih homes averaging at around $1.08 million dollars. However, there is a large amount of people who enjoy Toronto's most expensive homes and want to live in luxury. Toronto is known to have the most expensive real estate in all of Canada. What is considered a luxury ...Read More
Market Update - November 2022
Tags: Market update
There have been many changes to the real estate market in the recent months and years. Here is the most recent news for Vaughan and Toronto. Toronto In November the average price for homes sat around $1,079,395 with 4,544 sold houses. The amount of houses sold decreased 9.28% compared to october 2022 with 4,961 homes sold The active listings for November 2022 dec...Read More
Downsizing Tips And Benefits For Adults Over 60
Tags: Downsizing and benefits
Downsizing is becoming very common nowadays, especially as homeowners grow older. What is the proper way to prepare to downsize? The process is definitely a very hard and tiring job for most, but here are some tips that will help you downsize a lot easier and more efficiently. Start as early as you can Starting early can relieve a lot of the stress of downsi...Read More
Doug Ford Blames Immigrants For His Plan To Eliminate The Green Belt
Tags: Doug Ford
Doug Ford is facing a lot of backlash since Friday afternoon when the Ford Government announced changes to the Ontario Greenbelt. It triggered a lot of people when he decided to further explain himself on Monday at a conference in Queens Park. While addressing the media about the end of the CUPE strike affecting the educational workers, Ford started to argue his broken promises to keepin...Read More
GTA Home Prices Continue To Drop
Tags: House Prices
This time is very confusing for the housing market. The prices of homes are dropping but interest rates are rising. This makes it hard for both buyers and sellers. According to a report from Toronto's MLS home price index, prices have been down 18% since the peak of March. High interest rates pushed by the bank to cool inflation dramatically hiked up mortgage...Read More
