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...
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-approv...
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 return...
Are you planning to sell your Toronto condo or loft in the near future? Regardless of season or market conditions, remember that you only have one chance to make a good first impression. Make it memorable for all the right reasons. ...
If Toronto condo or loft buying is on your to-do list in the future, there are some tasks to tackle before you start shopping. Admittedly, many of these New Year’s Resolutions relate to finances (as they often do) and rightly so. ...
The Toronto condo and loft market experienced a marked adjustment in 2022 compared to record levels in 2021. Existing affordability issues brought about by a lack of housing supply were exacerbated by sustained interest rate hikes by the Bank o...
The quality of the surrounding community is a significant factor in determining whether you will be happy in your new Toronto condo or loft. While choosing a neighbourhood and forming an accurate impression of it is tough until you actually liv...
Homeownership market activity in November continued to be influenced by the impact of higher borrowing costs on affordability. Sales were down markedly compared to the same period last year, following the trend that unfolded since the commencem...
Despite the continued housing market transition to a higher borrowing cost environment, the average selling price in the Toronto found some support near $1.1 million since the late summer. Toronto condo and loft sales continued to adjust to sub...
Following the ownership market as a whole, Q3 2022 Toronto condo and loft sales were off by approximately 46% compared to Q3 2021. Despite there being substantially more balance in the market in the third quarter relative to a year earlier, the...