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February 2023 Toronto Resale Market Statistics Released March 23, 2023 February sales in Toronto were down substantially from the pre-rate hike levels of early 2022. However, the number of new listings also dropped substantially year-over-year. The result was that the average selling price and MLS® HPI continued to level off after trending lower through the spring and summer of last year. It has been almost […] Read More
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 […] Read More
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 […] Read More
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 […] Read More
5 Reasons Toronto Condos and Lofts Don’t Sell February 1, 2023 Most condo and loft sellers have two main objectives: to sell quickly and for the highest price. The beauty of owning real estate (whether it’s a principal residence or an investment property) is that historically, it has yielded solid returns to Torontonians who are in it for the long haul. Indeed, equity gains in Toronto […] Read More
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