by daniel | Sep 18, 2024 | Market Updates & Insights
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...
by daniel | Sep 5, 2024 | Market Updates & Insights
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...
by daniel | Jul 11, 2024 | Market Updates & Insights
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...
by daniel | Jun 6, 2024 | Market Updates & Insights
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...
by daniel | Jun 5, 2024 | Market Updates & Insights
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...
