Understanding Property Taxes: What Are They and How Are They Calculated?
Property taxes are the bane of many homeowners’ lives, but they are fundamental to providing local services and creating happy, livable communities that we often take for granted. Admittedly, though, it can be a little baffling to understand how they work. Here’s a...
GTA Housing Market: August Sees Higher Inventory and Lower Sales
The Greater Toronto Area (GTA) housing market concluded the summer with higher inventory and lower sales compared to the previous year. In August, the average home sold for $1,074,425, reflecting a slight annual decrease of less than 1%. Active listings remain...
GTA housing market reports slow spring as homebuyers remains hesitant
According to the Royal LePage® House Price Survey released today, the aggregate price of a home in the Greater Toronto Area (GTA) increased 0.9 per cent 1 year over year to $1,190,600 in the second quarter of 2024. On a quarterly basis, the aggregate price of a home...
3 Ways to Make Your Home Stand Out and Attract More Buyers
The market is currently slow, with new listings appearing on MLS every day, yet buyers seem hesitant to make offers. How can you make your home stand out among the many listings and attract more buyers for a quick sale? Here are our recommendations. Pricing...
May 2024 GTA Real Estate Update: Anticipating a Surge in Sales Momentum!
In the GTA, May home sales remained slower than average, however in the wake of an interest rate decrease, an increase in sales activity is on the horizon for the second half of 2024. While sales were subdued, prices were once again resilient. The average selling...
Bank of Canada Cuts Key Interest Rate for First Time in Four Years
The Bank of Canada reduced its target for the overnight lending rate today by 25 basis points to 4.75%. The long-awaited move comes after 11 months of rate holds, and marks the first time in more than four years that the key lending rate has been cut. “Our research...
Creating an Inventory of Your Home
House fires, flooding, or burglaries are events that can devastate a family. While having the proper insurance is important, knowing and proving exactly what was lost is understandably more difficult to determine after the tragedy than before. The already-hairy...
Should You Pay Down Your Mortgage or Invest?
If you find yourself with some excess cash - whether it's a tax refund or a generous gift - you might be wondering what to do with that money. Some homeowners feel it makes financial sense to invest these extra funds in a registered savings plan. Others may feel that...
Condo Moving Checklist
When you’re moving in or out of a condo apartment, things are a little more complicated than a simple relocation to a house. With concierges and lobbies to navigate, plus elevators to move furniture in and out of, and parking and loading bays to contend with, the...
How to Make Your Home More Eco-Friendly
Sustainability is not just a trendy term or fad. By now, it’s clear that we’ve got our work cut out if we want to be greener — and it all starts at home. There are plenty of ways to make your property more eco-friendly and it doesn’t have to cost you a fortune. In...