GTA home prices dropped across the board in July 2024. Bidding competition eased in the GTA, with only 14% of homes overbidding in July....
Market Update
Detached housing markets in the GTA are driven by investors and move-up buyers. Around 20,000 to 25,000 potential buyers are waiting in the GTA....
Hastings Region saw ↑ 21% in sales, from 146 to 177 transactions in July 2024. Prince Edward County’s avg price ↑ 10.4% to $838,686, despite a decrease in sales....
Happy Labour Day! Labour Day is a chance to honor and appreciate the hard work and contributions of workers in various industries. It's a chance to look back at workers' rights achievements and labor rights progress over time. Sending warm wishes on Labour Day to honor the dedication and contributions of workers everywhere. May your Labour Day...
Renewing your mortgage can be stress-free and money-saving. Tips include starting early, exploring different lenders, understanding your current mortgage, researching rates, considering future financial goals, and negotiating for the best deal. Knowing fixed vs. variable rates, stress test requirements, and prepayment options are crucial. Short-term options, lump sum payments, and professional guidance...
Top Ontario Cities Ranking: - Ottawa leads with a home price of $643,700 - Income $126,700 - Unemployment 5.3% - Crime index 52.91 Affordability and Growth: - Simcoe offers homes at $563,500 - Income $110,900 - 5.4% unemployment - 90 walkability score - Moderate crime....
Ontario residents will receive two CRA benefits payments in August 2024 on the 9th and 20th. The Canada Child Benefit (CCB) payment on August 20th supports families with children under 18....
Weigh Flexibility vs. Investment: Renting offers flexibility, while buying builds equity and offers tax benefits. Consider Long-Term Stability: Buying is better if you plan to stay in one place for many years....
London, Ontario has approved a record 10,398 new housing units this year, nearly double last year's total. However, the actual construction has not kept pace with the city's growing needs, with a goal of 47,000 homes by 2031 still far off. Factors such as high interest rates and rising material costs are hindering new developments. Despite a 228% increase in building permits, construction...
Top renters' hotspots in Ontario are Greater Sudbury, Whitby, North Bay, Guelph, Ottawa, Niagara Falls, Kitchener, Welland, St. Catharines, and Chatham-Kent.Whitby leads with: - Quality-of-life score: 23.35 - Life satisfaction: 95.5% - Perceived life stress: 17.4% - Crime severity index: 44.1...