PropertyThinkers

08/15/2023

Rising interest rates a factor as new homes sales dip in GTA: BILD
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The Building Industry and Land Development Association (BILD) reported that new home sales in the Greater Toronto Area (GTA) were up 32 percent from June 2022, but still 30 percent below the 10-year average. This is due to the Bank of Canada's series of interest rate hikes, which have caused prospec...

08/10/2023

Late-Q2 Rents on the Rise Across Canada

Marlon Singh is a real estate agent with Homelife Today Realty. Check out Marlon Singh's listings or office listings.

08/01/2023

What the latest interest rate hike means for variable-rate mortgages
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The Bank of Canada recently hiked interest rates for the first time since 2001, which has impacted Canadian homeowners with mortgages. An example of this is a couple in St. John's, Newfoundland, whose monthly payment has increased from $1,122.07 to $1,746.38. Additionally, a couple in Vancouver, B.C...

07/24/2023

Warning for REIT Investors

Marlon Singh is a real estate agent with Homelife Today Realty. Check out Marlon Singh's listings or office listings.

07/23/2023

Energy efficiency motivating new home buying
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According to Tarion's 2023 New Home Buyers Report, 96% of buyers of pre-construction and newly built homes prioritize energy efficiency in their decision making, rating it almost equally important as price, size and design. The report shows that most respondents are 45-54 years old and prefer detach...

07/03/2023

Canada new housing pricing data for May 0.1% versus -0.1% last month
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In May, Canada's new housing prices were relatively unchanged from the previous month, with a slight 0.1% increase. This is in contrast to April, which saw a 0.1% decrease.

06/27/2023

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.

06/19/2023

Tips for First-Time Sellers to Succeed in the Spring Market

Marlon Singh is a real estate agent with Homelife Today Realty. Check out Marlon Singh's listings or office listings.

06/18/2023

It's time for full rent control in Ontario
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The Doug Ford government passed two bills, More Homes Build Faster Act and Helping Homebuyers Protecting Tenants Act, in 2022 and 2023 respectively, in an effort to tackle the housing crisis in Ontario. While these bills are said to build 1.5 million homes in the coming decade, they have the potenti...

06/10/2023

GTA property investment tumbles in first quarter
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The Altus Group's report reveals that commercial investment activity in the Greater Toronto Area dropped by 50% in the first quarter of 2023 compared to the same period in 2022. Residential land was the most popular sector with $1.21 billion in total investment, followed by ICI land which amounted t...

06/03/2023

Commercial Real Estate Investment Sinks by 50% in the GTA
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