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:
Muted Luxe
This year, the classic red, green, and gold holiday palette takes a step back in favour of softer tones. T...Toronto Market Update –November 2024
Posted on Nov 07, 2024
Home sales in the Toronto Area jumped significantly in October, showing the highest month-over-month increase since December of the previous year. Data from the Toronto Regional Real Estate Board revealed a seasonally adjusted 33.3% rise in sales for October.
This October boost marks the most substantial growth in Toronto’s home sales so far in 2024...
This October boost marks the most substantial growth in Toronto’s home sales so far in 2024...
Should I Get A Reverse Mortgage?
Posted on Nov 02, 2024
In recent years, reverse mortgages have gained traction across Canada, as more homeowners turn to them as a retirement funding option. For many, a reverse mortgage allows them to leverage their home’s equity to fund their retirement without needing to sell the property they love. Here are the pros and cons of a reverse mortgage.