New detached home sales strong despite rising prices Image

New detached home sales strong despite rising prices

About a month ago, the Building Industry and Land Development Association (BILD) announced that there was less than one month of supply of new detached homes in the Greater Toronto Area (GTA). Also, the average price of a new detached home remained well

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Prices High, Council Ugly Image

Prices High, Council Ugly

We said goodbye to 2013 with record-high home prices. Driving up the national average were Edmonton, Vancouver, and the Big Smoke itself, says the Teranet-National Bank house price index. The 0.1% rise in home prices in December made a wash with the 0.1%

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CMHC Housing Starts for November 2013 Image

CMHC Housing Starts for November 2013

The Canada Mortgage and Housing Corporation (CMHC) recently released its report on November 2013’s housing starts statistics.According to CMHC, housing starts in Canada were trending at 194,014 units in November. This is a six-month moving average of

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What Does 2015 Hold for the GTA’s New Home Market? Image

What Does 2015 Hold for the GTA’s New Home Market?

Welcome to 2015! Last year was very exciting for the new home industry; low-rise homes saw record highs for average pricing and the condo market saw record high sales. Builders and developers focused more on targeting first-time homebuyers and end-users,

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5 questions move-up buyers need to ask themselves Image

5 questions move-up buyers need to ask themselves

With the rising price of housing in the Greater Toronto Area (GTA) and surrounding areas and the recent mortgage rule changes, first-time buyers aren’t the only ones struggling. The average price of a new low-rise home in the GTA is nearly $1 million, so

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Is January the best time to buy a home? Image

Is January the best time to buy a home?

Were you among the savvy purchasers who got onto the real estate ladder yesterday? The Toronto Real Estate firm TheRedPin says January 17th is the single best day to buy a home in Toronto, with buyers saving an average of $60,000 and experiencing fewer

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TREB Reports Best May Ever for Resale Market Image

TREB Reports Best May Ever for Resale Market

The Toronto Real Estate Board (TREB) is reporting that sales and average prices for the Greater Toronto Area’s (GTA) resale market showed strong increases in May 2014.There were 11,079 sales reported through the TorontoMLS system last month, making it

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Affinity East in Burlington is now open! Image

Affinity East in Burlington is now open!

We just received news from Rosehaven Homes that Affinity West in Burlington is now over 90% sold! Luckily for you, there is still a great selection of suites at the boutique condo, Affinity East.   As the average price of a new condo in the Greater

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Find out why this real estate agent welcomes the slowdown Image

Find out why this real estate agent welcomes the slowdown

I entered the industry at an interesting time. Average prices were hitting record highs, resale and new home supply were at all-time lows, and people were still buying like crazy. As a new agent, it was overwhelming, which is why I’m welcoming a cooler

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GTA resale condo market heating up Image

GTA resale condo market heating up

The Toronto Real Estate Board (TREB) recently released its Greater Toronto Area (GTA) resale condo market report for the first quarter of 2017, announcing that sales and the average selling price saw double digit year-over-year growth, while new listings

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