The Greater Toronto Area (GTA) housing market experienced a marked adjustment in 2022 compared to record levels in 2021. Existing affordability issues brought about by a lack of housing supply were exacerbated by sustained interest rate hikes by the Bank of Canada. “Following a very strong start to the year, ...
Continue ReadingHomeownership market activity in November continued to be influenced by the impact of higher borrowing costs on affordability. Sales were down markedly compared to the same period last year, following the trend that unfolded since the commencement of interest rate hikes in the spring. New listings were also down substantially ...
Continue ReadingUnless painting a room is a passion, you probably want to finish the task as soon as possible — while still doing a quality job. Here are some tips for doing just that: • One-coat paints. Having to do a second coat is time-consuming. Fortunately, there are several “one coat” ...
Continue ReadingDespite the continued housing market transition to a higher borrowing cost environment, the average selling price in the Greater Toronto Area (GTA) found some support near $1.1 million since the late summer. GTA home sales continued to adjust to substantially higher interest rates in October 2022, both on an annual ...
Continue ReadingPowered by IXACT Contact® Real Estate CRM Software
