Mindblown: a blog about philosophy.
-
Toronto’s real estate market sees strongest monthly sales growth since December 2023
Home sales in the Greater Toronto Area (GTA) surged by 14% in October, marking the strongest monthly increase since December 2023, with 6,390 units sold. The average home price rose by 1.5% to CAD 1.13 million, the highest monthly increase since June. However, new property listings fell by 6.8%, attributed to high-interest rates. The Bank…
-
Check out my new listing Address: 50 E Town Centre Unit #1609, Toronto (Bendale), Ontario M1P0A9
Clean, Bright and Sunny Encore Building in the heart of Scarborough. Beautiful unobstructed north view. 25 Sqft balcony as per builder. Great use of space. Modern upgrades, Laminate, Granite, Stainless Steel Appliances, Large windows. Steps to Scarborough Town Centre, Rt Statio, Go bus, YMCA, Hwy 401. One parking, One locker.
-
Average GTA Home Prices Climb 2.6% in Mid-Q4 | Here’s what we have to offer, the best real estate services in the market. We do the hard work for you and make it happen.
GTA home sales surged 40.1% in November 2024, signaling a housing market recovery. New listings rose 6.6% annually, but slower growth led to tighter market conditions and price increases.
-
Ontario Home Prices Set to Rise 5% in 2025 | Here’s what we have to offer, the best real estate services in the market. We do the hard work for you and make it happen.
Ontario home prices are expected to ↑ 5% in 2025, driven by increased sales activity. First-time homebuyers will drive market activity, especially in more affordable regions across Ontario.
-
The Future of Pre-Construction Investments in the GTA
The pre-construction market in the Greater Toronto Area is growing, especially in Scarborough and North York, due to master-planned communities that combine residential, commercial, and recreational spaces. Infrastructure improvements like the Scarborough Subway Extension are boosting these areas' appeal, which are more affordable than downtown Toronto. Rising competition for pre-construction properties indicates that early investment…
-
Tax Relief Needed for Toronto Home Buyers | Here’s what we have to offer, the best real estate services in the market. We do the hard work for you and make it happen.
GTA residents face high taxes, totalling over $200K on the avg home purchase. Proposed tax cuts, like removing GST on homes under $1M, could save buyers $40K.
-
Buyers are still offering way under asking price for homes in most parts of Toronto area
Home sales in the Toronto area are gradually increasing after a prolonged slump, but buyers still hold significant negotiating power. As of October, 88% of the GTA is in "underbidding territory," with 70% of homes selling for less than the asking price. Despite a decline in bidding activity, there are signs of renewed buyer interest,…
-
GTA Pre-Construction Investment Trends | Here’s what we have to offer, the best real estate services in the market. We do the hard work for you and make it happen.
Master-planned communities, combining residential units with commercial spaces and parks, attract diverse residents and investors. Infrastructure improvements and affordability in Scarborough and North York position them as key growth markets.
-
Ontario’s New Rules Threaten City Planning Stability | Here’s what we have to offer, the best real estate services in the market. We do the hard work for you and make it happen.
Ontario cities fear new provincial rules allowing individual development applications could undermine long-term urban planning. The provincial planning statement mandates cities to evaluate ad hoc applications, increasing administrative costs and appeals.
-
Toronto’s Housing Market Turns a Corner as Sales Surge
Toronto's housing market saw a significant rebound in October, with low-rise home sales up 45% and condominium sales up 32% year over year. This increase is partly due to last year's low sales volumes. Notably, sales outpaced new listings, leading to a decrease in inventory levels. The average house price remained stable at $1,362,505, while…
Got any book recommendations?