Winter might not seem like the best time to buy or sell property, but the facts say otherwise. According to The Daily Hive, Toronto’s current housing market can be considered “Balanced” with a Sales-To-New-Listings-Ratio (SNLR) of 57%. That means it’s a great time for both buyers and sellers to get…
Tag: GTA
5 Smart Questions To Ask When Hiring A Realtor
Our last post looked at the 3 biggest mistakes people make when hiring a realtor. This one examines the questions you should ask before hiring them, thus ensuring you have the best agent to sell your home. The fact is not all realtors are the same. Each brings a certain…
Top 3 Mistakes Sellers Make When Hiring A Realtor
When it comes to selling your home, hiring a realtor with the lowest fees isn’t always the best option. In fact, there are several other factors to consider, including experience, regional knowledge, marketing budget, and pricing strategy. Let’s look at the top 3 mistakes most sellers make when hiring an…
Rising Interest Rates: Everything You Need To Know
Understanding The New Interest Rate Hike The Bank of Canada recently raised its key overnight rate by 25 basis points to 1.5%. Big banks like TD and BMO also followed suit, increasing their prime lending rate to 3.70% So how does this affect Toronto’s real estate market? The short answer: positively….
Toronto and GTA Summer Housing Market Overview 2018
The state of Toronto’s condo market for summer 2018 is hot. And, like summer, it’s only going to get hotter…. Some quick (yet revealing) facts: The average price of a downtown condo is currently $673,537 The average days on market for a downtown condo is 16 Overall sales prices have…