Recent Posts
Toronto Condo and Loft August Resale Statistics Released
September 13, 2023
Higher borrowing costs, continued uncertainty about the economy and Bank of Canada decision making, and the constrained supply of listings resulted in fewer Toronto condo and loft sales in August 2023 compared to August 2022. The average selling price remained virtually unchanged over the same period. On a seasonally adjusted monthly basis, sales and average […]
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Interest Rate Hikes Off The Table With Weak Q2 GDP Growth In Canada
September 5, 2023
Here is some positive news in the mortgage world that will be well received (especially for the variable rate mortgage holders). Rate Hikes Are Definitely Off The Table The Canadian economy weakened surprisingly more in the second quarter than the market and the Bank of Canada expected. Real GDP edged downward by a 0.2% annual […]
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Tips for Buying a Toronto Luxury Condo or Loft
February 13, 2023
If you are in the market for a luxury condo or loft in Toronto, Casey Ragan has all the advice you need to purchase the luxury condo or loft of your dreams. Keep reading to learn more! 1. Do the Proper Research Living in a luxury condo or loft means sharing a property with other […]
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Resale Market Statistics Released for January 2023
February 4, 2023
As we moved from 2022 into 2023, the Toronto condo and loft market unfolded as expected. The number of January sales and the overall average selling price were similar to December 2022. On a year-over-year basis, both sales and prices were down markedly, continuing to highlight the impact of higher borrowing costs on affordability over […]
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The Difference Between Being Pre-Qualified and Pre-Approved
February 3, 2023
Purchasing a condo or loft can be confusing with all the different terms and requirements. Two steps involved in the mortgage process are pre-qualification and pre-approval. But what’s the difference between being pre-qualified and pre-approved? Prospective buyers should consider getting pre-qualification at the onset of their home-buying process. It allows them to consider their budget […]
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