Nadia Doncheva Realtor

10/28/2025

GREAT NEWS !

Today, the Government of Ontario announced a big win for first-time home buyers – removing the full 8 per cent provincial portion of the harmonized sales tax (HST) for first-time home buyers on newly built homes valued up to $1 million.

06/03/2025

https://secrettoronto.co/things-to-do-in-june-in-toronto/?utm_source=Facebook_Mobile_Feed&utm_medium=ad&utm_campaign=juneroundup_yyz&utm_term=secrettoronto&ad_id=120226358765190714&fbclid=IwQ0xDSwKsWiZleHRuA2FlbQEwAGFkaWQBqyE8hisE2gEej33hDDgwWVzs2GmVGUE572Lm1Y7tkASboLF7dsRjI6FiXsPOWJ68MoPQ8iU_aem_sOs7gGBtvwcITSqLJGYHMw&utm_id=120217858180270714&utm_content=120226358765190714

June in Toronto is full of exciting events and activities going in in and around the city, and we've rounded up some of the best things to do!

04/09/2025

Homeownership in the Greater Toronto Area (GTA) became more affordable in March 2025 compared to the previous year. On average, both borrowing costs and home prices have declined over the past year, making monthly payments more manageable for households looking to buy a home.

“Homeownership has become more affordable over the past 12 months, and we expect further rate cuts this spring. Buyers will also benefit from increased choice, giving them greater negotiating power. Once consumers feel confident in the economy and their job security, home buying activity should improve,” said Toronto Regional Real Estate Board (TRREB) President Elechia Barry-Sproule.

“Given the current trade uncertainty and the upcoming federal election, many households are likely taking a wait-and-see approach to home buying. If trade issues are solved or public policy choices help mitigate the impact of tariffs, home sales will likely increase. Home buyers need to feel their employment situation is solid before committing to monthly mortgage payments over the long term,” said TRREB’s Chief Information Officer Jason Mercer.

Source: trreb.ca

03/15/2025

"Home buyers continued to benefit from substantial choice in the Greater Toronto Area (GTA) resale market in February 2025. Home sales last month were down in comparison to the same period last year, while listing inventory remained high, providing substantial negotiating power for homebuyers.

“Many households in the GTA are eager to purchase a home, but current mortgage rates make it difficult for the average household income to comfortably cover monthly payments on a typical property. Fortunately, we anticipate a decline in borrowing costs in the coming months, which should improve affordability,” said TRREB President Elechia Barry-Sproule.

“On top of lingering affordability concerns, home buyers have arguably become less confident in the economy. Uncertainty about our trade relationship with the United States has likely prompted some households to take a wait and see attitude towards buying a home. If trade uncertainty is alleviated and borrowing costs continue to trend lower, we could see much stronger home sales activity in the second half of this year,” said TRREB Chief Market Analyst Jason Mercer."

Souce: trreb.ca/market-data/market-watch/

02/26/2025

https://www.blogto.com/real-estate-toronto/2025/02/us-tariffs-impact-canadian-renters/

A tariff war with the U.S. is on the horizon, and its effects on housing in Canada could look different for tenants, homeowners, and landlords. Possi…

02/24/2025

02/17/2025

❤️ **The Importance of Family** ❤️

Family is the heart of everything. It's where we find love, support, and the strength to keep going, no matter what life throws our way. Whether it's the family we’re born into or the one we choose, these bonds remind us that we're never truly alone.

Family is where we learn to share, care, and grow together. It's in the simple moments – the laughter over dinner, the comforting hugs, and the memories we build along the way – that we truly understand its importance.

Family shapes who we are and gives us a sense of belonging. It’s our foundation, our safe place, and the motivation behind so much of what we do. Let’s cherish our families today and every day, because nothing in life is more important. 💖

02/10/2025

"The Toronto Regional Real Estate Board’s (TRREB) Market Outlook and Year in Review report reveals that a well-supplied housing market will keep average annual home price growth at the rate inflation, with the average selling price increasing moderately in the Greater Toronto Area (GTA) over the course of the year.

“A growing number of homebuyers will take advantage of lower borrowing costs as we move toward the 2025 spring market, resulting in increased transactions and a moderate uptick in average selling prices in 2025. However, the positive impact of lower mortgage rates could be reduced, at least temporarily, by the negative impact of trade disruptions on the economy and consumer confidence,” said TRREB Chief Market Analyst Jason Mercer.

For 2025, TRREB forecasts: – A total of 76,000 home sales in 2025, up by 12.4 per cent over 2024. Lower borrowing costs coupled with ample supply will improve affordability and prompt more buyers to move off the sidelines. – The average selling price to reach $1,147,000, up by 2.6 per cent over 2024, for all home types combined. Price growth will be stronger for single-family homes, as compared to the well-supplied condo apartment market."
Source: trreb.ca
Full Report: https://trreb.ca/market-data/market-watch/