Overview: examining the impacts of the Bank of Canada’s interest rate cut on the June 2024 GTA housing market, including sales, prices and inventory, plus advice for buyers and sellers. Toronto home sales fall in June despite rate cut —Ratehub.ca Toronto Real Estate Sees Fewest Sales In Decades —Better Dwelling…
Tag: interest rates
May 2024 GTA Housing Market & June Interest Rate Cut
Overview: a look at the May 2024 GTA housing data, including sales, prices and listings, plus the potential impacts of the June 5th interest rate cut on buyers and sellers. In our last Market Report, we made the following prediction: If the Bank of Canada (BoC) does cut rates, it…
GTA Home Prices Rise, Sales Fall & Listings Surge In March 2024
Overview: a look at how the GTA housing market performed in March 2024, a forecast of what’s to come, plus advice for buyers and sellers. Spring is a season of rebirth, and that’s what the GTA housing market experienced in March 2024. The first signs of this renewal were evident…
An Ultimate Guide To Receivership in Canada
Overview: a guide to understanding receivership in Canada, including what it is, the process, examples, and advice on how to avoid it. The news didn’t come as a surprise, since the condo has faced years of delays and rising costs. But what is surprising is that it happened in Toronto,…
Ultimate Guide To Power of Sale Vs Foreclosures in Ontario
Overview: an in-depth guide to Power of Sale and Foreclosures in Ontario, with information on the process, risks and benefits, plus advice for homeowners. When that happens, they’re faced with two very difficult choices: Power of Sale or Foreclosure. But what do these two terms mean? And what exactly are…