The Toronto Real Estate Board released its resale housing market results for March 2019, reporting steady sales and prices, though the market remained tight. TREB also continues to blame the mortgage stress test for slower sales.
Vancouver’s shift to a buyer’s market continued in both the condo and single-family markets. Buyers and sellers have stepped to the sidelines; buyers want to see if prices will keep dropping and sellers are hoping prices stabilize or go back up.
A recent report from RE/MAX of Ontario-Atlantic Canada says that homebuying activity in the Greater Toronto Area has shifted to the west, but millennials may swing activity back to the east in the near future.
Home improvements, if done with purpose, can make your real estate investment even more profitable. By updating through renovations, additions and general maintenance, you can increase your home's value and command a higher selling price.
The small details in a home make a big difference, and discerning buyers will look at your home through a magnifying glass. That’s why we’ve listed a few budget-friendly and quick home renovations you should do before listing your home.