Ontario Rewards Brampton With More Than $25.5 Million for Making Progress Toward 2023 Housing Target
Ontario rewards Brampton with over $25.5 million for progress towards the 2023 housing target. Continue to full article...
Market Update
Persisting high interest rates stagnate market activity. Cumbersome approval procedures delay construction projects....
International Women's Day, also known as IWD for short, grew out of the labour movement to become a recognized annual event by the UN.It all started in 1908 when 15K women marched through NYC demanding shorter working hours, better pay and the right to vote. Things were made official in 1975 when the United Nations started celebrating the day....
Home sales surged in Early-Q1 across the GTA despite typical winter slowdowns. - Total sales: ↑ 22.6% MoM and ↑ 37% yearly to 4,223 - New Listings: 8,312...
Sales: 495, ↑ 12% yearly Prices: $1.44M, ↑ 3% yearly...
TRREB predicts 77K home sales in 2024 for GTA. Average selling price expected to reach $1,170,000, the second-highest on record but below early 2022 peak....
Choose a fixer-upper to build equity gradually through renovations, avoiding competitive bidding wars. Consider all home costs beyond the mortgage, research HOA dues, utilities, and maintenance....
Price declines: - Overall prices expected to keep ↓, especially in non-essential segments like cottage country. - Family homes in prime locations may hold their value. - Entry- and mid-level cottages/recreational properties will see the biggest drops....
Condos accounted for the majority of homes sold: ↓ 2% yearly and ↓ 66% in 10-yr to 400 units Benchmark prices for new condos ↓ 7.5% yearly to $1,047,288....
The housing and rental market in the Greater Toronto Area, especially Brampton, is in crisis. A recent incident of a homeowner renting out rooms and a parked car for living space underscores the issue. Despite full-time employment, many families struggle to afford housing, leading to precarious living conditions. This urgent social issue demands immediate attention. Continue to full article...