Kam Ghatan Home Selling Team

06/20/2023

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?

06/16/2023

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...

06/11/2023

Q1 Greater Toronto Area high-rise land sales fall over 50% - Real Estate News EXchange
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Ben Myers is the president and owner of Bullpen Research and Consulting. According to their latest GTA High Rise Land Insights Report, transactions for high-density land in the Greater Toronto Area are down over 50% from 2022. The report suggests that activity is not likely to pick up anytime soon,....

06/03/2023

Commercial Real Estate Investment Sinks by 50% in the GTA
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05/27/2023

GTA real estate: Rise in sellers should limit price increases, RBC says
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The GTA housing market has seen a slight increase in prices for the past two months, with the RBC home price index for the GTA rising by 2.4 per cent in April. However, RBC is expecting an increase in sellers over the coming months which should keep any price appreciation relatively contained. Total...

05/14/2023

Average rent in London, Ont. hits $1,774 for a one-bedroom unit: Rentals.ca
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https://www.housing-trends.com/agent-news/kamyab-ghatan/29457-Average-rent-in-London%2C-Ont.-hits-%241%2C774-for-a-one-bedroom-u

According to Rentals.ca's most recent report, average monthly costs of one-bedroom apartments in London, Ontario have risen 0.2% compared to the previous month, while two-bedroom units have fallen by 1.5%. The city has seen the fifth-highest rent increase in Canada, with prices rising 23.1% compared...

05/04/2023

Ontario Considering Cooling-off Period for New Home Sales

Kam Ghatan is a real estate agent with Homelife/Cimerman Real Estate. Check out Kam Ghatan's listings or office listings.

04/30/2023

First quarter building permits trailing last year
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In March 2021, Sarnia city hall issued 53 building permits, worth $14.8 million, which is lower than the $19.7 million issued in the first quarter of 2022. The largest permit was for the renovations at Clearwater Community Centre to allow for the relocation of Mallroad Library. No permits were issue...

04/30/2023

Here's how much home, condo prices have dropped in 33 GTA cities
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Real Estate prices in the Greater Toronto Area (GTA) have declined significantly in the past 12 months, with the average resale price falling 17.9% to $1,095,617 in February. The region of Durham saw the biggest year-over-year decline at 27.7%, while Toronto saw the smallest decline at 11.5%. Detail...

04/29/2023

GTA Housing Market Continues to Tighten as New Listings Drop 44%
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The Toronto Regional Real Estate Board reported a 44% increase in home sales from February to March, with 6,896 homes sold. Listings were down 44.25% year-over-year, indicating a tightening market. Prices inched up 1.2% from February to an average of $1,108,606, with detached homes seeing the larges...

04/27/2023

Where Are Properties Selling The Fastest In Ontario