CHECK OUT THESE LATEST ARTICLES: Is Toronto’s home price growth spree coming to an end soon? “Definitely as we move through the year, it’s possible we’ll see average prices below that January mark.” Jason Mercer – Chief Market Analyst – TRREB Canada housing market in a ‘speculative fever’ – regulator “In some markets, where you had really rapid increases in prices, you could see a … Continue reading ARE HOUSE PRICES ABOUT TO DROP?
No matter how much time you spend on researching and educating yourself about your home purchase, it’s hard to cover every detail. Here are a few tips for avoiding rookie mistakes with your first home purchase. Save as early as you can: Even if you think you’re years away from buying your first home, try to start saving for your down payment. It makes a … Continue reading Five tips for first-time buyers
Came across this article from Toronto Life in my inbox today. I think you have to have a pretty strong sense of style to get away with them… This spring, there was an unlikely lineup snaking around the Nike store on Bloor. There were no runners or cyclists or basketballers in sight—only a gaggle of giddy shopaholics hoping to snatch up a pair of limited-edition … Continue reading The Find: high-heeled sneakers may sound like an oxymoron, but they’re the most popular shoe in town
This is a pretty spectacular home – four bedrooms on the upper level, three with en-suites, and a full bedroom and bathroom in the basement. It even comes complete with a pool! Address: 126 Kilbarry Road Neighbourhood: Forest Hill South Price: $2,795,000 The Place: A classy five-bedroom home with a chateau-like exterior in the heart of Forest Hill. Bragging Rights: Major curb appeal. Passers-by often … Continue reading House of the Week: $2.8 million for a brick-and-stone family home in the heart of Forest Hill
This came across my desk today: Are you looking for, or have you recently purchased, a new home? Imagine being able to make your most important financial decision with the help of a trusted ally…Sarah Richardson! Not only that, what if Sarah were able to help you with the one renovation or design issue that keeps your new home from being absolutely perfect? Here’s how … Continue reading Casting Call: Sarah Richardson
Yes, the renovations look terrific and the location is great. But over $2M for a semi with only two bedrooms? (There is a third, but it’s in the basement… Address: 125 MacPherson Avenue Neighbourhood: Yorkville Price: $2,095,000 The Place: A two-bedroom brick semi on a pretty, tree-lined street in Summerhill. Bragging Rights: Plenty of traditional homes have had contemporary makeovers, but few snag a feature … Continue reading House of the Week: $2.1 million for a Summerhill semi with a tranquil sunken living room
Average prices for three common types of housing were up year-over-year in most Canadian markets in the first quarter, national real estate company Royal LePage said Thursday. Royal LePage said the average price for a standard two-storey detached house was up 2.2% in the January-March period compared with a year ago, while the national average price for detached bungalows rose 2.4%. The average price for … Continue reading Canadian home prices up in most markets in early 2013: Royal LePage
From the Globe and Mail: It’s been a roller-coaster year in real estate, opening on a residential battlefield that saw sellers clearly with the upper hand. In Toronto, bidding wars for mid-range homes in which as many as a dozen or more eager buyers trumped and re-trumped their offer prices were commonplace. Listing prices in many neighbourhoods were simply a starting point for homes that … Continue reading 7 houses that sold for $100,000 + over-asking in Toronto this year
It’s always interesting to see what’s available at a certain price point across the country, especially coming from a Toronto perspective. In Winnipeg, you get a 2200 square foot detached home – and in Vancouver, it will buy a house roughly have the size. Click here for the Globe article Continue reading Home Buying: What’s on the market for $500,000?
The banks have two pieces of good news for Canadian homeowners — real estate prices are expected to cool, not crash, and home ownership is becoming slightly more affordable. Canada’s housing market is losing some of its “exuberance,” but fears of a bubble are over inflated, unless there is the unlikely situation where jobless rates suddenly soar along with interest rates, Scotiabank Senior Economist and … Continue reading Canada’s real estate market to cool, not crash