There were more new records for home prices last month as the Greater Toronto Area real estate market showed no signs of slowing down. According to a report released by the Toronto Regional Real Estate Board (TRREB), the average price of a home in the GTA rose 18.3% year-over-year, reaching a new record of $1,136,280. […]
How has Covid-19 affected the Toronto real estate market?
As the second wave of the covid-19 pandemic starts to create more restrictions for the public, we take a look at how the first eight months of the pandemic affected Greater Toronto Area real estate – for good and bad. When the covid-19 pandemic arrived, it seemed obvious that it would have a major effect […]
Report shows another hot month for GTA real estate
It was another hot month for GTA real estate in October, with more records broken. However, the numbers show that not all areas of the market were so strong, with certain segments generating much greater demand than others. According to a report released by the Toronto Regional Real Estate Board (TRREB) yesterday, the average price […]
Toronto announces phase two of plan for affordable housing units
Toronto Mayor John Tory yesterday announced the next phase in the city’s plan to increase the supply of affordable housing units on city-owned lands. At a press conference at City Hall, Tory revealed details of phase two of Toronto’s Housing Now initiative, with the city aiming to build between 1,455 and 1,710 residential units. Housing […]
Thinking of becoming an Ontario Real Estate Agent?
Here are three reasons you should go for it. GTA REAL ESTATE – If you’ve been thinking about getting your Ontario real estate license, you’re definitely not alone. In fact, with more than 56,000 real estate sales representatives currently represented by the Toronto Real Estate Board, and an impressive array of new residential and commercial […]
4 Ways to Retain Your Best Agents: Part 2
Last week we posted Part One of a listicle about what real estate agents are looking for in their brokers. We took to Reddit to find out the top four things that agents want, and then reached out to Kelvin Wong, Broker of Record at Living Realty, to weigh in about what his firm is […]
4 Ways to Retain Your Best Agents: Part 1
Attracting new talent to your firm is likely one of your top priorities, but what are agents really looking for from their brokerage? Instead of driving yourself crazy trying to be a mind-reader, we went straight to the source and found out what these agents on Reddit would want from their ideal firm. We then […]
Promenade Mall set for major redevelopment
Promenade Mall is set to undergo a massive transformation after plans were submitted to the City of Vaughan that envision a modern mall surrounded by high-rise towers and connected to a growing transit system. The mall is situated on a 50-acre site on the south-west corner of Bathurst Street and Centre Street in a high-demand […]
GTA home prices see another drop in July
July was another tough month in real estate in the Greater Toronto Area as there were once again notable decreases in the average price of homes and the number of homes sold. In its latest monthly report released Thursday, the Toronto Real Estate Board (TREB) announced that the average price of a home in the […]
What happens if a buyer doesn’t close on a home?
There have been a few stories and anecdotes recently about buyers not closing after agreeing to purchase a home. They made an offer, all conditions were waived or fulfilled, but when it came to closing time, they backed off. While still a rare occurrence, it’s still prudent to understand what you can do if it […]
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