Greater Toronto Home Sales and Rent

03/01/2024

🏠 Looking for a cozy 2-bedroom, 2-bathroom condo apartment in Mississauga? Look no further! Contact Abdul Khaliq, your trusted Real Estate Broker, at (416) 565-5628 or visit akgtahomes.com for more information. Don't miss out on this amazing opportunity to find your dream home!

02/07/2023

2 Bed Spacious Basements With 2 Parking And Separate Laundry In The Nice And Quiet Neighborhood Of Mississauga S' Cooksville Area. Close To All The Amenities, Highway, Hospital, Bus, And Train Terminal. The Schools Are Within Walking Distance. The Tenant Pays 35% Of All The Utilities. Newcomers And....

07/19/2022

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Have questions about real estate but not sure where to start?

Have questions about real estate but not sure where to start?

07/05/2022

What does affordable mean?
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The average home price for Canada hit an all-time high in January of this year, at $748,439. Altus Group statistics show that in March, the benchmark price for condos in the GTA reached a record of $1,252,515. People buy new homes and condominiums every day in Toronto and the Greater Toronto Area.

06/19/2022

Toronto condos lead GTA rental surge with 24% gain in April: report | Financial Post
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Rents in the Greater Toronto Area increased by an average of 12 per cent year over year in April. Toronto condominium rents saw the largest gains, surging by more than 24 per cent to $2,583.

06/14/2022

Slowdown now apparent in GTA new home market
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The market saw a total of 3,645 home sales in April, representing a sharp 29% annual decline. Single-family home sales fell by 47% annually to hover 54% below the 10-year average. New home remaining inventory amounted to 9,327 units, although the market’s supply is currently on unstable footing.

06/12/2022

The GTA's Housing Market Is Slowing Down & Here's What That Means - Narcity
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A new housing market report for the GTA is showing signs that things might actually be cooling off in the region. There were 3,645 units sold this past April, which is actually down by 29% from the same time last year. But, the number of condo sales was down compared to last April.

06/11/2022

Toronto's suburbs have the "frothiest" housing market in Canada: BMO | Urbanized
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A “frothy” market exists when the price of an asset becomes detached from its underlying value as demand drives prices to unsustainable levels. Froth tends to precede a market bubble, which may eventually burst. Home prices have grown at about 3% per year since the early 1980s.

06/07/2022

What's ahead for Ontario's condo market?
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The housing market cool-down was prompted by rising interest rates, with the most recent quote for two-year fixed mortgage rates rising to 4.03 per cent. Another impact of rising interest rates is the financial disincentive that is created for sellers to sell their homes and buy a new home at a high...

06/05/2022

Canadian House Prices Fell 2 Months in a Row: Is the Correction Here? | The Motley Fool Canada
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In this article, I will explore a few reasons why house prices are going down and ask whether now is a good time to buy. Higher interest rates Overvaluation prior to this year Higher interest rates make buying a house more expensive. Otherwise, you might want to wait for prices to come down a little...

06/04/2022

This is where you can still buy homes in Canada for under $200,000
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10% of all homes for sale in Canada are listed at less than $200,000. Less than one per cent of the listings in the country's biggest and most expensive cities came in at under $200k. In Ontario, Kawartha Lakes was the lone region where 4.8% of for-sale homes are priced at $200K.