Toronto Market Update - December 2024
Posted on Dec 06, 2024
Toronto home sales climbed 1.9% in November as easing mortgage rates drew buyers back into the market. The Toronto Regional Real Estate Board reported 6,450 transactions for the month, marking the fourth consecutive month of increasing sales following a 12.1% jump in October.
Toronto’s housing market, like much of the country, has been stagnant due...
Benefits of a Vendor Take Back Mortgage
Posted on Dec 06, 2024
A Vendor Take-Back (VTB) mortgage is a unique financing option in real estate where the seller of a property acts as the lender. This arrangement can be especially helpful for buyers who may struggle to secure traditional bank loans, such as those with poor credit. VTBs offer various benefits to both buyers and sellers, making them a valuable alter...
Toronto Market Outlook 2025
Posted on Dec 02, 2024
The Toronto housing market is expected to reach a more balanced state in 2025. Average home prices are projected to rise marginally by 0.1%, while sales activity is anticipated to increase by 12.5%. However, the total number of listings is forecasted to decrease slightly.
Move-Up Buyers and Investors: These groups are predicted to dominat...
Key Trends
4 Holiday Décor Trends to Embrace This Season
Posted on Dec 02, 2024
Whether you're drawn to the nostalgia of traditional decorations or want to explore a fresh approach, this season offers endless possibilities to transform your home into a winter wonderland. Here are four top décor trends for 2024: