The real estate market continues to set records. A triple digit sales increase and double digit price gains seem gargantuan. Mind blowing even. But then you start hearing news about how the average price dipped from March to April. And how sales are declining, while number of listings are rising. What should you believe? Let’s […]
Winning the Multiple Offer Lottery
Homebuyers have it tough in today’s challenging market. With record low inventory coupled with a high number of buyers competing for coveted houses in the market, winning a home on offer night is kinda like winning the lottery. I wouldn’t know how it feels — having never won a lottery, nor even playing the lottery. […]
How Do You Choose the Perfect Neighbourhood to Live In?
If you’ve been living in the same neighbourhood for, say, three to five years, perhaps more, you might take for granted what led you to the decision to move into your neighbourhood in the first place. You feel a sense of belonging, community, convenience, and perhaps even pride. The neighbourhood you live in has become […]
Toronto Condo Rental Market Swells
Some Toronto landlords are experiencing a bit of a challenge during this market. The supply of Toronto condo rentals have increased drastically as a result of the COVID-19 pandemic. You’ve probably heard of how the pandemic affected the Air BNB business. Some landlords using this as their business model have offloaded their condo investments in […]
The Market is Back to ‘Normal’ All of a Sudden…
As businesses start to re-open and as things slowly crawl back to normal, it seems someone just flipped on the switch when it comes to the real estate market. Comparing year-over-year performance for June, sales are only down a mere 1.4%. New listings creeped up 2.1%. Here’s where things get interesting. The number of active […]
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