Adela

March Market Update: Navigating the Current Real Estate Landscape

Explore the latest trends and projections shaping the market landscape as we navigate through promising opportunities and strategic insights. Stability Amidst Change: With recent announcements from the Bank of Canada affirming steady interest rates, the real estate market stands on solid ground. Discover how these decisions, coupled with inflation trends, are fostering renewed confidence among …

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GTA Monthly Housing Report

GTA Monthly Housing Report – March 2024 The GTA housing market continued to improve in February, supporting balanced conditions across all regions and housing types. Sales reported a large increase from a year ago. Activity remained well below normal, particularly relative to the recent population boom. While the market has been tightening in recent months, …

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January 2024 Market Update

January 2024 Market Update

Hello, I hope everyone is enjoying the above-average temperatures this winter. As 2024 unfolds, purchasers are re-entering the residential real estate market due to lower borrowing costs linked with fixed mortgage rates. Tighter market conditions compared to the same period last year potentially indicate renewed price growth as we enter the spring market. January saw …

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Who’s Driving Up Rent Rates | It’s Not Housing Providers

In the ongoing discourse about affordable housing, tenant associations, advocates, and various agencies often point fingers at housing providers for escalating rents. However, a closer look reveals a more nuanced reality. The root cause of soaring rents lies in the fundamental economic principle of supply and demand—there simply isn’t enough housing. While media articles and …

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August 2023 Market Stats

Hello, I trust you’ve had a chance to savor the lingering summer warmth, as it appears this season is reluctant to bid us adieu. August unfolded as a compelling chapter in the residential real estate saga, marked by our eager anticipation of the Bank of Canada’s upcoming interest rate announcement in early September. The reassuring …

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August Market Update: Navigating the Real Estate Landscape

Since my last update on August 7th, the real estate landscape has exhibited characteristics of a “traditional August market.” With shifts in Bank of Canada policies aligning with the summer season, we’ve witnessed a month of consistent and steady activity in the market. It’s imperative to recognize that the Bank of Canada’s interest rate policy …

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July Market Update: Discover Exciting Opportunities

Welcome to the latest update on the thriving real estate scene, where summer vibes have perfectly complemented a season of remarkable growth. Amidst the sun-soaked days and breezy evenings, we are thrilled to share a concise overview of the residential real estate market’s performance throughout July. Upward Momentum in the Greater Toronto Area July 2023 …

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