Category: Uncategorized
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GTA New Home Sales Hit Historical Low in Mid-Q3 | Here’s what we have to offer, the best real estate services in the market. We do the hard work for you and make it happen.
New home sales in the GTA hit a historical low of 464 transactions in August 2024. August sales ↓ 46% compared to August 2023, and ↓ 73% below the 10-year avg.
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GTA Mortgage Woes: Delinquency Rates Surge 42%! | Here’s what we have to offer, the best real estate services in the market. We do the hard work for you and make it happen.
Canada’s largest mortgage lender faces rising delinquencies in the Greater Toronto Area mortgage portfolio. Serious delinquency rates surged to 0.27% in Q3 2024, a 42% increase from the previous quarter.
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GTA Housing Crisis: Urgent Need for Government Action | Here’s what we have to offer, the best real estate services in the market. We do the hard work for you and make it happen.
Housing stock lags behind population growth, the widest gap in 50 years. New home approvals in GTA take 20 months, increasing costs by $43,000-$90,000 per unit.
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21% of GTA Condos Priced Under $550K in H1 2024 | Here’s what we have to offer, the best real estate services in the market. We do the hard work for you and make it happen.
In Toronto, the median condo price has surpassed $600K, making affordability a challenge. Despite this, three Toronto neighbourhoods offer condos under $550K as of early 2024.
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Toronto is fast becoming Canada’s Manhattan
Toronto has emerged as a vibrant city comparable to Manhattan, especially in the last decade. Unlike many U.S. cities that become deserted after office hours, Toronto's streets remain lively at night. Its population rivals that of Montreal and Vancouver combined, with a significant number of construction cranes indicating rapid growth. The city has expanded into…
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Ontario Cottage Prices Plunge: Waterfronts Drop 23% | Here’s what we have to offer, the best real estate services in the market. We do the hard work for you and make it happen.
Non-waterfront properties' median price fell 5.3% to $650,000; waterfront properties dropped 23% to $809,000.Lakefront cottage prices fell 23% from July 2023 to an average of $809,000.
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Condo Renovation Do’s and Don’ts | Here’s what we have to offer, the best real estate services in the market. We do the hard work for you and make it happen.
Develop a detailed plan, including budget and design goals, before starting your condo renovation. Allocate a budget that accounts for unexpected costs and allows flexibility throughout the renovation.
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National Day for Truth and Reconciliation | Here’s what we have to offer, the best real estate services in the market. We do the hard work for you and make it happen.
National Day for Truth and Reconciliation honours survivors and raises awareness about their experiences. It's a symbol of Canada's commitment to reconciliation with Indigenous communities. Wearing orange shirts on this day symbolizes respect for survivors and raises awareness about residential schools. May this day inspire a future where every voice is heard, and every spirit…
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Commercial aur Retail Leasing ke Trends aur Strategies in Unsettled Times 2024
Ontario ka commercial real estate leasing market kaafi challenges face kar raha hai, khaaskar office sector mein, jahan high vacancy rates aur low utilization hai. Tenants aur landlords ko lease negotiations mein risk ko dobara assess karna hoga, khaaskar additional rent aur landlord rights ke mamle mein. Industrial sector mein low vacancy rates aur rising…
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Toronto’s housing market has an Achilles heel that could cool prices for months to come
Toronto's housing market is experiencing significant challenges, with condo listings 30% above normal and sales 25% lower than pre-pandemic levels. The sales-to-active listings ratio is 60% below the long-term average, indicating an oversupply. Economists predict that while sales may eventually rise due to interest rate cuts, average prices could continue to decline, particularly for condos,…