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A Very Competitive GTA Real Estate Market

Thursday Mar 17th, 2022

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In early 2022 we saw low market inventory coupled with a very strong and qualified buyer pool competing to purchase real estate across the Greater Toronto Area.  Now that we are entering into the traditional early spring real estate market we are seeing an increase in new listings across all segments of the residential real estate market.   Greater Toronto Area (GTA) REALTORS® reported 9,097 sales through the Toronto Regional Real Estate Board's (TRREB) MLS® System... [read more]

March 2022 GTA Sales Statistics

Wednesday Apr 6th, 2022

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March 2022 GTA Sales Statistics.

Demand for residential real estate in the GTA continues to drive pricing, coupled with low mortgage financing options. #MaddyandGreg #inthebeach #March2022 #realestate #realestatemarketupdate #gtarealestate #torontorealestate #toronto #RealEstateHomeward [read more]

Federal Budget & Housing Affordability

Friday Apr 8th, 2022

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TORONTO, ON, April 7, 2022 – The Toronto Regional Real Estate Board (TRREB) is applauding the federal government for making housing affordability a priority of the 2022 Federal Budget but is questioning the need and effectiveness of some of the announced actions. Specifically, TRREB is encouraged that the budget includes initiatives intended to increase the supply of homes for sale and rent but believes that other policies intended to artificially suppress demand will... [read more]

Spring Curb Appeal

Saturday Apr 9th, 2022

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With spring "in the air", many home owners cannot wait to get outside and see if there are any early signs of green poking through the soil. Now is the perfect time to begin working on your curb appeal.  Over the winter months we have all been busy enjoying the warmth of home and if you are like us, eagerly awaiting the beginning of the gardening season.  Now that spring has finally arrived and the temperature is warming up, we can pay attention to our homes curb... [read more]

The Bank of Canada - Rate Increase

Wednesday Apr 13th, 2022

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The Bank of Canada today increased its target for the overnight rate to 1%, with the Bank Rate at 1¼% and the deposit rate at 1%. The Bank is also ending reinvestment and will begin quantitative tightening (QT), effective April 25. Maturing Government of Canada bonds on the Bank’s balance sheet will no longer be replaced and, as a result, the size of the balance sheet will decline over time. Russia’s ongoing invasion of Ukraine is causing unimaginable human suffering and... [read more]

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