Overview: a guide for new home buyers looking to build their credit score and qualify for a mortgage. It determines whether your mortgage is approved or denied, how much interest you’ll pay on your home loan, the terms of your mortgage, and the availability of lenders. And with interest rates…
Tag: GTA housing market
August 2022 Market Report: GTA Home Sales & Prices Drop
Overview: a look at the August 2022 housing market numbers for Toronto and the GTA, with a focus on condos, rentals, and the impacts of the latest interest rate hike. The following headlines sum up the August 2022 housing market: Toronto Home Prices Drop 16% in Historic Five-Month Slump —Bloomberg…
June 2022 Market Report: GTA Now A Buyer’s Market
Overview: a look at the June 2022 housing market numbers, Toronto’s transition into a buyer’s market, plus advice for buyers and sellers. That’s because, after years of waiting, Toronto has finally become a buyer’s market. In fact, the last time Toronto was in buyer’s market territory was in 2020, but…
May 2022 Market Report: GTA Heading Towards Buyers Market
Overview: a look at the May 2022 GTA housing market, its shift towards more balanced conditions, and why now is the perfect time to buy a home. This recent headline from The Star sums it up clearly: GTA home prices drop $121K from February peak as rising rates gut sales…
GTA Housing Market Shows Signs of Cooling in March 2022
Overview: a look at the March 2022 GTA housing market, with insights on sales, prices, and inventory, plus advice for buying and selling. March was a remarkable month for Toronto real estate, with average home prices setting yet another record. The month also saw the first interest rate hike in…