May 2023 Real Estate Report: Prices Are Up & Listings Are Down
The Toronto Regional Real Estate Board (TRREB) released their Market Watch report for May 2023 today. The report shows another month of the same trends we saw in April. Namely, lack of supply and increase in prices. On a year-over-year basis new listings were down 18.7% in May and the number of sales were up by 24.7%. In short, sales as a share of new listings were up … [Read More...]
250 Wellington Suite 1744 -Downtown Toronto Short Term Lease Available Now!
If you're in the market for a short term rental in downtown Toronto - look no further! Located in the heart of downtown Toronto, suite 1744 at 250 Wellington is … [Read More...]
April 2023 GTA Home Prices Increase As New Listings Plummet
The Toronto Regional Real Estate Board (TRREB) released their Market Watch Report for April 2023 this week. According to the report, the average selling price for … [Read More...]
FHSA: First Home Savings Account
5 things to know about the FHSA Canada's new tax-free home saving account The tax-free first home savings account (FHSA), Canada’s newest registered savings plan, has officially launched. As of April 1, financial institutions started offering this new savings plan to first time home buyers. If you plan on using it, here are five things you need to know. Tax-free in; tax-free out The FHSA gives prospective first-time homebuyers the ability to contribute up to … [Read More...]
Spring Real Estate Market Off To A Strong Start
TRREB March Market Report 2023 There has been a lot of debate about what is going to happen in the spring real estate market this year. Will prices continue to rebound? Will sellers, who up until now seemed hesitant, start to list their homes? Are buyers willing to continue to compete in a market where listings are few and far between? The March market report released today from the Toronto Regional Real Estate Board (TRREB) answers some of those questions. It shows that housing … [Read More...]
Does Home Staging Really Work?
Home staging, the practice of setting up your home to maximize its appeal to buyers, is not a new concept. In the early 1970s Barb Schwarz, who went on to become a legend in the staging industry, decided to switch things up and leave her job in interior designing to start a career in real estate. Once there she realized there was value in preparing homes to be more attractive to buyers. She coined the phrase, “staging,” as it relates to real estate, and helped establish the industry. In … [Read More...]
Downsizing and Declutting Your Home
Downsizing? If you are moving into a smaller space you may have realized by now that you need to pack, organize, throw out, give away or possibly sell some of your possessions. Easy, right? For most it is one of those things that is easier said than done. Actually, for many just the thought of downsizing is terrifying. Over the years, the team and I have worked with many sellers that fit into that group. It's actually a part of our staging services. We are called in by a wide … [Read More...]
TRREB Market Report February 2023
The Toronto Regional Real Estate Board (TRREB) released their Market Report for February 2023 today. Not surprisingly the report shows that both the number of sales and the average selling price are down compared to February 2022. Certainly, that is the information that you will most likely see in headlines today. However, if you were just to leave it at that you would be missing the other, very important piece of the market report. The report states; On a monthly basis, the average … [Read More...]
Basement Flooding Protection Subsidy
Have you heard about the City of Toronto's Basement Flooding Protection Subsidy? Are you currently thinking about fixing up your basement? Have you dealt with flooding in the past? Or, if you've been fortunate so far, did you know that all of Toronto is at risk of flooding? Let's talk about the risk of flooding in Toronto. It's true. In general, all urban areas are at risk of flooding. This is because cities everywhere were often formed (as Toronto was) around lakes, rivers and harbours. … [Read More...]
Help Your Home Sell Faster: 6 Undisputed Tips
There are few certainties in the real estate world, but there are few ways to help your property sell faster regardless of market conditions. These strategies have been proven time and time again. So, if you’re thinking of selling this year, take a good look at the recommendations below. The first 4...... Make a good first impression. Making your home “guest ready” for buyers from the moment they walk in the door is the best way to ensure buyers are going to be have a positive impression … [Read More...]
Thinking about selling – now may be the time.
Did that headline catch you off guard? Keep reading! So much time and ink has been spent focusing on all of the problems our current real estate market is facing. I understand you might be a bit conflicted about the idea of selling now. A few weeks ago I wrote a blog talking about what we might expect from this year's market. In general, I sensed that things were poised to get better not worse. This prediction now seems to be true. Things are turning around and now even mainstream … [Read More...]
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