Jacob Letourneau - Realtor

01/13/2023

GTA home prices slip 0.9 per cent to $1.08 million (November 2021)
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There were 4,544 home sales in GTA after an average of 22 days on the market and 11,910 active listings at the end of November. There were 2,056 detached house sales and after an average of 21 days on the market and 5,303 active listings at the end of the month. Compared to November 2012, the averag...

01/02/2023

Income needed to live in Ontario cities

Jacob Letourneau is a real estate agent with FOREST HILL REAL ESTATE INC.. Check out Jacob Letourneau's listings or office listings.

12/27/2022

Find out if it's time to sell your home
How much is your home worth? Type your property address and get a quick home estimate.

How much is your home worth? Type your property address and get a quick home estimate.

12/20/2022

Ask Me Anything!
Have questions about real estate but not sure where to start?

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

12/13/2022

This is how much it costs to rent an apartment in the GTA
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The average rent for a one-bedroom apartment in Toronto costs $2,502 each month, while a two-bedroom is $3,353 per month. Outside of Toronto, rent for Brampton’s one and two-bedroom apartments shot up by 26.7 per cent and 31 per cent, respectively. Outside of the GTA in Hamilton, Kitchener, and Lo...

12/06/2022

The average price of a Toronto rental jumped by almost 30% in just the last year
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The average monthly rent for a one-bedroom in Toronto hit $2,478 in October. The average two-bedroom rent in the city reached $3,319 last month, a year-over-year increase of 23.8 per cent. Toronto 's rental market has experienced the strongest annual price growth over the past year among Canada's la...

12/04/2022

How did the GTA new home market perform in October?
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The market is still reeling from the pronounced slowdown seen in the overall Canadian housing sector this year, new report says How did the GTA new home market perform in October? “Buyers are returning as they become acclimatized to the new market realities of higher mortgage rates and softening p...

12/03/2022

What's in store for the housing and mortgage markets in 2023?
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Speaking at a Lenders’ Panel convened during the recent Mortgage Professionals Canada (MPC) National Conference in Vancouver, representatives from TD Bank, Equitable Bank, MCAP , and First National Financial gave their views on some of the unease that’s been roiling Canada’s housing and mortga...

11/30/2022

Canada Housing Market Forecast: Will Prices Drop in 2023?

11/29/2022

Toronto's housing market correction seems to be tapering off
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In Toronto, Canada's biggest housing market, there are signs that the sharp decline of recent months may be stabilizing. Over the past 70 years the only bout of serious labour unrest in Canada was in the mid-1970s to the mid1980s, Porter wrote in a note about the BMO chart above. Today’s Posthaste...

11/28/2022

5 tips to make the search for a new apartment easier