The Liberal Party of Canada announced an ambitious plan to help homebuyers
We are in the midst of the Election season in Canada. While every party brings in new promises with their platform, I will keep you informed of any of their announcements that may affect your Real Estate plans, hopefully positively. Considering ever-increasing housing prices, the Liberal Party of Canada today announced an ambitious plan to […]
Announcements by the political parties that may affect your Real Estate plans – Part-2
I promised yesterday, during Canada election season, I will keep you informed of any of the announcements by the political parties that may affect your Real Estate plans, hopefully positively. So, I wrote the blog on Liberal’s announcement on the housing plan yesterday and today I am sharing NDP’s plan with you. While Liberal’s plan got […]
Market Trends from TRREB’s latest sales report for April 2022
The real estate market has been on steroids for the past almost a year, mostly due to supply and demand but also blind multiple-offering put fire on the fuel. But with the recent unprecedented rate hike by the Bank of Canada to fight the rising inflation, mainly due to the COVID-19 pandemic, it is on […]
Ontario goes into province-wide shutdown
Dec 21, 2020 – One-minute read Real Estate remains an Essential Service recognized by the province of Ontario Considering the second wave of COVID-19 pandemic and recent spikes in COVID-19 affections the Ontario government has made the expected announcement of a province-wide shutdown, which will begin on Saturday, December 26, 2020. This time not only […]
Get up to $200 from Peel Region for remedying your Rat issue
If you live in the Region of Peel and have been facing rat infestation issues, there is good news for you, you can receive up to $200 from the Region. The Peel Region has started a pilot project to help the residents to combat the rat infestation. The region says: “The Residential Rat Control Subsidy […]
December-2020 Housing Sales Analysis
Jan 9, 2021 The Toronto Region Real Estate Board (TRREB) has released the monthly sales figures for December 2020. A trend that was set after a month into the COVID-19 pandemic continues its steam in the last month of 2020, both in home sales and prices, that sees no stoppage soon. Looks like gone are […]
Canada’s housing market headed for another record year in 2021, says RBC Economics report
Jan 13, 2021 As you have read my analysis of The Toronto Region Real Estate Board (TRREB)’s monthly sales report for December 2020, here is an interesting report from the Royal Bank of Canada (RBC) Economics division. The bank put the heading of the report as “Canada’s housing market headed for another record year in […]
Analysis of TRREB home sales report for February 2021
March 5, 2021 CMHC’s report in May 2020, rang alarm bells by forecasting a crash of the Real Estate market by residential home prices tanking up to 29%. It raised many questions in the minds of would-be homebuyers, especially first-time homebuyers. It prompted an immediate rebuke by experts from major Real Estate companies, including RE/MAX, […]
A balanced housing market is good for everyone
March 31, 2021 As a Realtor, I have been listening to my clients’ concerns and try to find solutions. Among the many factors for incredible rising house prices in Ontario, especially in and around GTA, one major contributor could be the blind-bidding process. In many cases, we see the Asking price being much below the […]
Supply and demand is a natural phenomenon that dictates the market prices and Real Estate is no different
April 15, 2021 Supply and demand is a natural phenomenon that dictates market prices and Real Estate is no different. Canada is the envy of the world for her immigration policies and the way people from walks of life and varying backgrounds of religion, culture, colour, and language live in harmony without prejudice and feel […]