Overview: a look at the January 2023 GTA housing numbers, including sales, prices and inventory, plus the possibility of the market finding a bottom. After a COVID-fueled buying frenzy and a drop driven by interest rate hikes, it seems that the GTA housing market has finally found stability. The surge…
Tag: mortgages
January 2023 Interest Rate Hike & Forecast
Overview: a look at the January 2023 interest rate hike, including its impact on Toronto home sales, prices, inventory and mortgages, plus predictions for future rate increases. On January 25, the Bank of Canada (BoC) raised its overnight lending rate by 25 basis points to 4.50%. Although that was the…
2022-2023 GTA Housing Market Review & Forecast
Overview: a look back at the 2022 GTA housing market and predictions for 2023. Topics include home sales, prices, inventory, interest rates, inflation, mortgages and more. 2021 saw a buying frenzy due to record-low interest rates. 2022 saw a sharp drop in home sales and prices after multiple rate hikes….
GTA Home Sales & Prices Plunge In September 2022
Overview: a look at the September 2022 housing market numbers for Toronto and the GTA, including sales, prices and inventory. Plus insights on the condo market and immigration. Home sales, prices and listings were all down big in September, but there is a silver lining. It’s still a buyer’s market,…
The Ultimate Credit Score Guide For New Home Buyers
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…