The November 2024 market snapshot for the Greater Toronto Area (GTA) paints a picture of a market in transition. With interest rates starting to decline, the dynamics of buying, selling, and investing in real estate are shifting. Lower borrowing costs could breathe new life into a market that has already shown resilience. Here’s my take on what these trends mean for you. A Market Poised for Growth The GTA saw 21,818 active listings and 5,875 homes sold in November, with homes... [read more]

The latest real estate stats are in! Here’s a quick look at the GTA market in October: From the October 2024 Greater Toronto Area market snapshot, a few notable trends stand out: Overall Market Stability: The average home price across the GTA is at $1,135,215, indicating a balanced market with relatively stable prices. Homes are staying on the market for about 27 days, suggesting consistent buyer interest but no significant rush. Variation by Property... [read more]

It’s easy to get mesmerized by the marble countertops, beautiful bay windows and elegantly staged furniture on a home tour, but it’s important to stay focused. When you’re taking a first look at a house, pay attention to the less exciting details such as signs of water damage and creaky floors. Another tip; it’s perfectly ok to whip out your measuring tape, open and close cupboards, and test out the faucets. Here are seven things you should look for to ensure... [read more]