Market Update

First Time Home Buyer Incentives - Ontario

First-Time Home Buyer Incentives in Ontario: What You Need to Know

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...

Breaking news: Bank of Canada cuts interest rates to 3%, affecting mortgages, homebuyers, and the real estate market

Bank of Canada Cuts Interest Rate to 3% – What It Means for the Real Estate Market

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...

Top Realtor Vaughan

Starting the New Year: What to Expect in the 2025 Real Estate Market

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...

Discover Festive Celebrations in Vaughan This Holiday Season!

As we approach the holiday season, Vaughan is once again lighting up with its annual Festive Celebrations! The city has planned exciting events and activities to bring families and communities together, creating unforgettable memories during this magical time of year. Whether you’re a longtime resident or new to the area, these events are the perfect opportunity to immerse yourself in the vibrant...

October 2024 Market Watch: Strong Sales and Slight Price Increase in the GTA

As the Greater Toronto Area real estate market continues to evolve, October brought promising indicators for both buyers and sellers. Here's a breakdown of this month's highlights and what they mean for your real estate goals. Sales Surge in October 2024 In October, we saw a notable uptick in activity. Sales across the GTA increased by 44.4% year-over-year, with 6,658 transactions reported, a strong...

Aug 2024 Market watch - Best Realtor in Vaughan

Market Watch AUG 2024

GTA Housing Market Becomes More Affordable Following Rate Cut TORONTO, ONTARIO, September 5, 2024 – The Greater Toronto Area (GTA) housing market saw a slight decline in home sales year-over-year for August 2024, while new listings rose modestly over the same period. Although the market remained well-supplied, the average home price saw only a minor decrease compared to August 2023. "The Bank of...

Soheil Shivarani, recognized real estate broker in Maple Vaughan known for top-notch client service and local market expertise.

Bank of Canada widely expected to extend its rate-cut streak on Wednesday

More rate relief is expected this week for those with variable-rate mortgages and lines of credit. Markets overwhelmingly expect the Bank of Canada to deliver its third consecutive quarter-point rate cut when it meets this week. That would bring the Bank’s overnight target rate down to 4.25%, a full 75 basis points (or 0.75%) below its peak of 5.00%. Encouraging inflation data and signs of a...

Market Watch June 2024

Dear Valued Clients, We hope this message finds you well. As we move through the summer, we’re excited to bring you the latest insights from the Greater Toronto Area (GTA) real estate market based on the June 2024 Market Watch report. Here’s a detailed look at the current trends and what they mean for you. Market Overview: The real estate market in the GTA continues to evolve, presenting both...

Market Watch – April 2024

April 2024 home sales were down in comparison to April 2023, when there was a temporary resurgence in market activity. New listings were up strongly year-over-year, which meant there was increased choice for home buyers and little movement in the average selling price compared to last year. Greater Toronto Area (GTA) REALTORS® reported 7,114 sales through the Toronto Regional Real Estate Board (TRREB)...

Market Stats At A Glance – MAR 2024

TRREB: Selling Prices Up In March and Set to Accelerate This SpringTORONTO, ONTARIO, April 3, 2024 – March 2024 home sales reported through TRREB’sMLS® System were lower than the March 2023 result, due in part to the statutory holiday GoodFriday falling in March this year versus April last year. Despite a better-supplied marketcompared to last year, there was enough competition between buyers to see...

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