Mike Bancheri Real Estate

08/17/2023

Lack of Inventory Plagues GTA Luxury Real Estate

Mike Bancheri is a real estate agent with Intercity Realty Inc. Check out Mike Bancheri's listings or office listings.

08/10/2023

Late-Q2 Rents on the Rise Across Canada

Mike Bancheri is a real estate agent with Intercity Realty Inc. Check out Mike Bancheri's listings or office listings.

08/01/2023

Real estate in Canada: CREA changes forecast
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The Canadian Real Estate Association (CREA) has downgraded its home sales forecast for this year and next due to fewer buyers entering the market. The forecast takes into account a sales rebound in most parts of the country, but also interest rate hikes which have weighed on borrowing costs and buye...

07/24/2023

Warning for REIT Investors

Mike Bancheri is a real estate agent with Intercity Realty Inc. Check out Mike Bancheri'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...

07/15/2023

GTA new home market gains momentum in May
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The Building Industry and Land Development Association (BILD) reported that the GTA new home market gained momentum in May, registering the first year-over-year increase in more than a year. Altus Group, BILD's official source for new home market intelligence, reported 3,109 new home sales in May, w...

07/03/2023

A guide to the mortgage market in Canada
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The mortgage market in Canada appears to be resilient despite Bank of Canada interest rate hikes, with home prices increasing by 8% on average in May in Toronto and 7% in Vancouver. Analysis by Reuters showed a 17% year-to-date increase in Canadian home prices, with predictions of a 9% fall in 2021....

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

Will Canadian Homes Sales Finally Look Up?

Mike Bancheri is a real estate agent with Intercity Realty Inc. Check out Mike Bancheri'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...

06/04/2023

QMW adds industrial condos to GTA multifamily focus
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