Rani Atassi

12/14/2023

08/14/2023

The Housing Market Is Still Hot in Toronto Area

Rani Atassi is a real estate agent with PSR Brokerage. Check out Rani Atassi's listings or office listings.

08/13/2023

GTA new home market significantly decelerates
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In June, new home sales in the Greater Toronto Area (GTA) saw a sharp drop compared to the 10-year average, with total sales of 2,526 units, 30% lower than the 10-year average. Condo apartments accounted for the majority of the sales volume, 11% higher annually but 21% lower than the 10-year average...

07/31/2023

Canada’s Mortgage Rates Might Rise Soon

Rani Atassi is a real estate agent with PSR Brokerage. Check out Rani Atassi's listings or office listings.

07/30/2023

Ontario Contributed To More Than 45% Of Canada's Residential Permit Values In May
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In May of 2023, Canada saw an increase in construction intentions, with the total value of building permits issued jumping 10.5% month-over-month to $10.5 billion. The non-residential sector drove the growth, with permit values rising 14.2% to $3.7 billion, led by the commercial component. Residenti...

07/13/2023

More Canadian Cities Are Turning Office Towers Into Homes

Rani Atassi is a real estate agent with PSR Brokerage. Check out Rani Atassi's listings or office listings.

07/04/2023

StatCan highlights housing supply dynamics in largest cities
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Statistics Canada (StatCan) highlighted in new data that from 2019 to 2021, housing stock growth in Toronto and Vancouver outpaced population growth, with condos making up more than half of the new housing supply. StatCan also found significant divergences in the two cities' market trends, with Toro...

06/26/2023

Canadian home sales rise 5.1% in May
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In May, Canadian home sales rose 5.1% from the month before, and were 1.4% higher than the same month a year ago. The Canadian Real Estate Association's Home Price Index increased by 2.1% from the previous month, but was down 8.6% compared to May 2019. The national average selling price was up 3.2%....

06/25/2023

Rents keep rising, demand stays strong in GTA industrial sector
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Industrial remains a desirable asset class in the GTA due to its low availability, strong rent growth, and continued appetite for newly developed product. Rents have increased from $7 to close to $20 per square foot over the past 5 years, and industrial land sales have jumped by 420% from 2020 to 20...

06/17/2023

Detached home prices up 5% in Mississauga and Brampton | insauga
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Detached home prices have been increasing in Mississauga and Brampton, two of the preferred regions in the GTA. According to a report from Zoocasa, the average detached home price in these regions grew 5.72% from January 2023 to March 2023. Peel Region had the highest increase in home sales, with an...

06/09/2023

New home market in GTA rebounded in April, starts return to normal levels - constructconnect.com - Daily Commercial News
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https://www.roomvu.com/nws/zYCQ9RUejGvwRE5

The Building Industry and Land Development Association (BILD) reported that the GTA new home market rebounded in April with sales returning to more traditional levels. There were 2,391 new home sales in April, with 1,327 units sold in condominium apartments and 1,064 single-family home sales. Total....