Overview: a look at the October 2023 housing numbers for Toronto and the GTA, the impact of high interest rates, and the ongoing deep buyer’s market. Like a repeat of September, home prices were up in October while sales were down big. However, what sets both months apart is the…
Tag: townhouses
GTA Buyers Return As BoC Holds Rate At 5%
Overview: a look at the Bank of Canada’s decision to pause interest rates at 5%, plus its impact on the GTA housing market and the return of buyers. In one word: relief. Interest rates holding steady means more clarity for those looking to buy and sell, and less financial anxiety…
GTA Enters Deep Buyer’s Market In September 2023
Overview: a look at the September 2023 GTA housing numbers, including home sales, prices and listings, and the shift towards a deep buyer’s market. It’s being called the September Surge, with listings up almost 45%. At the same time, sales dropped 7.1%. Growing supply and diminishing demand are both signs…
GTA Housing Market Cools in August 2023
Overview: a look at the August 2023 GTA housing market data, including home sales, prices and listings, plus the impact of the BoC’s latest interest rate decision. The Financial Post concurs: Toronto housing market cools in August amid rising borrowing costs Sales fell, prices flat-lined and supply remained scarce last…
Ten Tips for Listing Your Property in Toronto for the winter season
Ten Tips for Listing Your Property in Toronto for the winter season I picked this topic because many sellers believe that the winter season is slow. There’s usually less listing in the winter and the buyers from the fall that hadn’t found a home will continue their search. If your…