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Strong Growth in New Listings in April!

Wednesday May 10th, 2017

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Strong Growth in New Listings in April May 3, 2017 -- Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® entered 33.6 per cent more new listings into TREB's MLS® System in April 2017, at 21,630, compared to the same month in 2016. New listings were up by double-digits for all low-rise home types, including detached and semi-detached houses and townhouses. New listings for condominium apartments were at the same level as last... [read more]

Will Toronto and GTA Housing Markets Crash

Thursday Mar 09th, 2017

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  At least once a week for the past year I've been asked my opinion towards the housing market in Toronto and the GTA. Homes for sale in Toronto and the GTA are scarce and the houses that do get listed are quickly pounced on by eager buyers with multiple offers. Often times these multiple offers on the same property lead to bidding wars driving up the final sold price. According to aglobalnews.castudy the average detached home price in Toronto... [read more]

Foreclosure v.s. Power of Sale

Tuesday Dec 27th, 2016

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In the unfortunate circumstance that a homeowner is past-due on their monthly mortgage payments, they pave the way for a “foreclosure” on their property. In today’s market, banks and other lenders do not turn to foreclosure to take away the homes of homeowners who are in arrears. Instead, they perform a "Power of Sale" which is wholly different from a Foreclosure. What is a Foreclosure? Foreclosures are laborious, grueling, and costly to both the... [read more]

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