Let’s not sugarcoat it—March was a mess. It’s like the real estate market threw a party, sent out 17,263 invites (a 28.6% jump in listings), and only 5,011 people showed up. That’s a 23.1% drop in sales from last year. Not exactly RSVP goals. The average selling price across the GTA? $1,093,254, down 2.5% from last March. It’s basically a buyers’ market, but most of them seem to be...
Buying your first home is an exciting milestone, but it can also feel overwhelming—especially in a competitive market like Ontario. The good news? There are several government programs and incentives designed to help first-time home buyers afford their dream home. Whether you're looking in Vaughan, Maple, Richmond Hill, Markham, or Toronto, here’s a breakdown of the key benefits available to...
As a top Realtor in Vaughan, I am always looking for opportunities to help investors, developers, and buyers make the most of their real estate ventures. One program that has been gaining significant traction is the CMHC MLI Select Program, designed to provide favorable financing solutions for rental housing projects. Whether you are a seasoned investor or a first-time multifamily developer, understanding...
The Vaughan real estate market continues to be one of the best places to buy a home or invest in 2025. With ongoing developments, strong market demand, and increasing property values, Vaughan remains a top choice for buyers, investors, and sellers looking for high returns and long-term growth. Why is Vaughan’s Real Estate Market Booming? 1. Strong Market Performance & Property Value...
The Toronto real estate market has kicked off 2025 with shifting trends in home sales, prices, and supply. According to the latest TRREB Market Outlook and Year in Review report, we can expect moderate price growth and increased activity as borrowing costs decline. Let’s break down the key insights from this month’s report. January 2025 Market Trends 📊 Home Sales: 3,847 homes sold in...
On January 29, 2025, the Bank of Canada reduced its key interest rate by 25 basis points, bringing it down to 3%. This marks the sixth consecutive rate cut since June 2024, reflecting the central bank's ongoing efforts to stimulate economic activity amid external challenges. scotiabank.com Implications for the Real Estate Market For Homebuyers The reduction in the policy rate often leads to...
The New Year is here, and with it comes exciting opportunities in the real estate market. Whether you are looking to buy your dream home, sell your property, or invest in Vaughan, Maple, Richmond Hill, or the Greater Toronto Area, staying informed about current trends is the first step toward success. What Does the 2025 Real Estate Market Look Like? The real estate market in Ontario is poised for...
In a surprising move, Chrystia Freeland, Canada’s Deputy Prime Minister and Finance Minister, announced her resignation from Prime Minister Justin Trudeau’s cabinet. Freeland cited growing differences with the government’s policy direction and the need to focus on other opportunities. This marks a pivotal change in Canadian politics, as Freeland was instrumental in managing the country’s pandemic...
The Bank of Canada today reduced its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%. The Bank is continuing its policy of balance sheet normalization. The global economy is evolving largely as expected in the Bank’s October Monetary Policy Report (MPR). In the United States, the economy continues to show broad-based strength, with robust...
On December 11, 2024, the Bank of Canada is expected to announce another interest rate cut, marking the fifth reduction this year. Economists anticipate a 25 basis point decrease, lowering the policy rate from 3.75% to 3.50%. Some experts suggest the possibility of a larger 50 basis point cut, reflecting efforts to stimulate the economy amidst slower growth. This decision could have a significant...
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